Provider Compensation Analyst

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This role offers annual salary starting $70,000and commensurate with experience (see requirements below). We offer an excellent benefits package including 15 days of vacation, 7 paid holidays, and 5 sick days annually, multiple medical and vision insurance plans, which begin day one (no waiting period), employer-paid life insurance, 401(k) with a company match, $1,700 annual professional development reimbursement, $100 monthly teleworker stipend and more.

The Provider Compensation Analyst is responsible for analyzing, tracking, calculating, and reconciling compensation for Medrina's medical providers nationwide, including W-2 employees and 1099 independent contractors. Working under the direction of the Director of Provider Compensation, the Analyst ensures every provider is paid accurately and on time in accordance with their agreement, and serves as a knowledgeable, responsive point of contact for providers with questions about their pay.

Beyond each pay cycle, the Analyst turns compensation data into insight. The role reconciles provider payroll, supports month-end reporting and budgeting, identifies discrepancies and the issues behind them, and prepares analysis that helps leadership make sound compensation decisions. The Analyst partners closely with Payroll, Human Resources, Recruiting, Accounting, Revenue Cycle Management, and Operations.

(below are typical responsibilities and not an exhaustive list of all duties, other duties may be assigned as needed).

• Compensation Calculation and Payment Administration:
  • a) Track and calculate compensation for medical providers (W-2 employees and 1099 contractors) based on their contracts and agreements.
  • b) Ensure pay is issued to providers timely and accurately and escape unusual request to VP and Director of Provider Compensation for approval.
  • c) Collaborate with the Accounting team to coordinate additional compensation such as medical director pay, stipends and other contract-based payments handled by accounting team.
  • d) Run year-end calculations and quarterly true-ups.
• Compensation Data, Systems and Reconciliation:
  • a) Maintain an accurate provider compensation database, run the compensation software, and build and maintain dashboards.
  • b) Manage month-end compensation and payroll reporting and reconciliations.
• Analytics and Reporting:
  • a) Use data analytics tools to identify trends and variances in provider productivity, work RVUs (wRVUs), collections, charges, encounters, incentive or quality goals, and compensation data.
  • b) Report on key performance indicators (KPIs) related to provider compensation.
  • c) Provide insights and recommendations based on compensation analysis to support decision-making.
  • d) Prepare and present reports on compensation trends and analysis to senior management.
• Provider Relations and Support:
  • a) Serve as the primary point of contact for assigned providers on compensation questions: to explain how pay is calculated under their agreements, research and resolve discrepancies, and track inquiries to resolution.
  • b) Escalate complex or sensitive issues to the Director of Provider Compensation.
  • c) Prepare and distribute periodic compensation and productivity statements to providers and help educate providers and practice leaders on compensation plans and reporting.
  • d) Provide analytical support for provider questions about revenue, learning to identify the issues driving poor collections and responding to provider questions and concerns on time.
• Cross-Functional…