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Senior Analyst, Physician Compensation



Posted on Friday, September 1, 2023

Join VillageMD as a Senior Analyst, Physician Compensation, based remote or Chicago.

Join the frontlines of today's healthcare transformation.

Why VillageMD?

At VillageMD, we're looking for a Senior Analyst, Physician Compensation to help us transform the way primary care is delivered and how patients are served. As a national leader on the forefront of healthcare, we've partnered with many of today's best primary care physicians. We're equipping them with the latest digital tools. Empowering them with proven strategies and support. Inspiring them with better practices and consistent results.

We're creating care that's more accessible. Effective. Efficient. With solutions that are value-based, physician-driven and patient-centered. To accomplish this, we're looking for individuals who share our sense of excellence, are ready to embrace change, and never settle for the status quo. Individuals who have the confidence to lead but the humility to never stop learning.

How you can make a difference

  • Own and maintain monthly physician and advanced practice provider compensation reconciliations and accruals.
  • Support compensation model development and implementation efforts across national medical group using forecasting and large datasets to summarize and present to executive leadership.
  • Maintain compensation database and analytics for national medical group.
  • Run quarterly compensation cap calculations for physicians and advanced practice providers.
  • Serve as subject matter expert and provide business partner level support to market executive leadership for all provider compensation inquiries within assigned markets.
  • Often required to lead projects and assist with development/implementation of new processes and procedures within the Compensation Team.
  • Maintain current knowledge of legal and regulatory requirements related to physician arrangements, fair market value and commercial reasonableness testing.
  • Partner with third party consultants to request, review and maintain FMV opinions.
  • Maintain in depth understanding of compensation application per terms driven by physician agreements, amendments and provider offer letters.

Skills for success

  • Experience performing under pressure with a keen sense of urgency, attention to detail, and a commitment to doing what you say you will do.
  • Advanced Excel skills (i.e. – large datasets, graphs, tables, nesting formulas)
  • Present and analyze large amounts of data in many user-friendly ways while providing concise, attractive, and illustrated reports.
  • Analytical and audit application experience within small and large datasets.
  • Taking initiative and working independently on complex projects/initiatives with the ability to manage time and prioritize.
  • Passion for being hands-on in problem-solving and execution.
  • Demonstrate humility through your actions, relationships and communications with others.
  • Experience communicating effectively with high-level executives.

Experience to drive change

  • Bachelor’s Degree required.
  • A minimum of 3 years of provider compensation analyst experience.
  • Proficiency in Excel required.
  • Demonstrated organizational skills and the ability to effectively manage and pivot between competing priorities.
  • Excellent interpersonal communication, a high attention to detail, and critical problem-solving skills to garner credibility and develop strong relationships.
  • Desire to be hands-on with a track record of “rolling up your sleeves” and being proactive to drive organizational goals.
  • Ability to travel as needed.

How you will thrive

In addition to competitive salaries, a 401k program with company match, bonus and a valuable health benefits package, VillageMD offers paid parental leave, pre-tax savings on commuter expenses, and generous paid time off. You work in a highly-collaborative, conscientious, forward-thinking environment that welcomes your experience and enables you to make a significant impact from Day 1.

Most importantly, you make a difference. You see a clear connection between your daily work on VillageMD products and services and the advancement of innovative solutions and improved quality of healthcare for providers and patients.

Our unique VillageMD culture – how inclusion and diversity make the difference

At VillageMD, we see diversity and inclusion as a source of strength in transforming healthcare. We believe building trust and innovation are best achieved through diverse perspectives. To us, acceptance and respect are rooted in an understanding that people do not experience things in the same way, including our healthcare system. Individuals seeking employment at VillageMD are considered without regard to race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

For Colorado Residents only: The target hiring compensation range for this role is $74,000 to $93,000. At VillageMD, compensation is based on several factors including but not limited to education, work experience, certifications, location, etc. This role may be eligible for annual/quarterly bonus incentives (if applicable), and the selected candidate will be eligible for a valuable company benefits plan, including health insurance, dental insurance, life insurance, and access to a 401k plan with company match.

Explore your future with VillageMD today.