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Physician Compensation Administration Analyst

Job in Renton, King County, Washington, 98056, USA
Listing for: Valley Medical Center
Full Time position
Listed on 2025-12-03
Job specializations:
  • HR/Recruitment
    Talent Manager, HR / Recruitment Consultant
Salary/Wage Range or Industry Benchmark: 94894 - 142341 USD Yearly USD 94894.00 142341.00 YEAR
Job Description & How to Apply Below
Position: Physician Compensation Administration Analyst (2025-1220)

Job Title

Physician Compensation Administration Analyst

Job

Req:

Location

VMC Main Campus

Department

Human Resources

Shift Type

Full Time

FTE

1

City State

Renton, WA

Category

Professional

Salary Range

Min. $94,894 - Max $142,341 annually DOE

Work Hours

Typically, Monday - Friday; hours may vary to meet department needs.

Reports To

Director, Physician Services and Financial Analysis

Job Description Overview

The position description is a guide to the critical duties and essential functions of the job, not an all-inclusive list of responsibilities, qualifications, physical demands, and work environment conditions. Position descriptions are reviewed and revised to meet the changing needs of the organization.

TITLE:

Provider Compensation Administration Analyst JOB OVERVIEW:
The Provider Compensation Administration Analyst is responsible for administering, analyzing, and maintaining the organization's provider compensation program. This includes incentive calculations, pay plan modeling, compliance monitoring, compensation reporting, and system-based data management to ensure accurate, timely, and compliant pay administration. The role serves as a liaison between Finance, Human Resources, Payroll, and departmental leadership to support strategic compensation initiatives and ensure pay practices are consistent with organizational goals and regulatory requirements.

DEPARTMENT:
Human Resources

WORK HOURS:

Typically, Monday - Friday; hours may vary to meet department needs.

REPORTS TO:

Director, Physician Services and Financial Analysis

Prerequisites
  • Bachelor's Degree required, preferably in Accounting, Finance, or Business, Additional experience may be considered in lieu of degree requirement.
  • Minimum of three (3) years of experience in physician group management and/or compensation administration, required.
  • General knowledge of professional billing rules, RVU usage, and physician production benchmarking strongly preferred.
  • Experience with HRIS systems (Infor/Lawson, Kronos) preferred; experience with Heisenberg Physician Compensation System strongly preferred.
  • Microsoft Excel expertise (macros, functions, pivot tables, lookups).
Qualifications
  • Attention to detail with a high level of accuracy.
  • Strong analytical and critical thinking skills.
  • Ability to work independently while maintaining confidentiality.
  • Strong people skills to interact with physicians, managers, and colleagues.
  • Ability to manage multiple priorities in a fast-paced environment.
Essential Responsibilities And Competencies
  • Responsible for the development and analysis of provider compensation plans.
  • Functions as a strategic partner with executive leadership teams, leading compensation design and implementing new programs and best practices.
  • Calculate physician incentives according to plan terms, coordinate review, approval, and payment.
  • Administer provider productivity reporting and benchmark employed and contract-retained providers against market standards.
  • Monitor and ensure compliance with all compensation plans and contracts.
  • Provide overviews of compensation plans for new hires and respond to compensation-related inquiries.
  • Model annual market review updates, ensuring pay aligns with fair market value.
  • Prepare and distribute provider compensation reports with supporting detail.
  • Research variances and explain pay and performance outcomes to stakeholders.
  • Manage the compensation administration shared email inbox, logging each incoming item into a timeline to document and coordinate future system changes.
  • Maintain compensation-related data integrity in physician compensation systems, including tracking of monthly provider clinical FTE reflective of all changes and leaves of absence.
  • Generate standard and ad-hoc compensation reports and dashboards.
  • Audit payroll data to ensure accuracy and compliance.
  • Collaborate with IT, Finance, HRIS and other teams as necessary to improve data workflows, processes, and compensation system functionality.
  • Calculate annual budgets for incentives and related expenses.
  • Ensure compensation practices are consistent with legal, regulatory, and policy requirements.
  • Develop and maintain documentation for compensation processes and system use.
  • Provides input on and implements policies, procedures and processes on a system-wide basis.
  • Identify and implement opportunities to improve compensation administration efficiency.
  • Other duties as assigned.

Created: 10/25

Grade: NC-11

FLSA: E

CC: 8650

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