Wheaton Franciscan Healthcare Compensation Analyst-AMG in Glendale, Wisconsin
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400 W. River Woods Parkway, Glendale WI 53212
Bachelor's degree in a related field required by hire date or job transfer date; Minimum five (5) years of progressively responsible experience in physician compensation and financial analysis of physician productivity required. Database experience preferred
Job Summary: Responsible for physician compensation issues, decision support and analyses, and financialreporting on related issues.Responsibilities:Develops, implements and evaluates physician compensation strategies and models which align with financial and organizational objectives, and provide incentives for physician productivity and performance. Uses market data to determine competitive pay levels. Develops appropriate compensation measurements to monitor performance. Analyzes productivity by measuring visits, procedures, relative value units, charges and collections, and identifying variances. Provides decision support to leadership and finance and serves as a resource for the identification and interpretation of trends. Identifies key market factors in the development of physician compensation interpretation of trends. Develops reporting tools to track physician productivity over time and relative to budget and conducts variance analyses. Analyzes operating profit or loss per physician, per medical group and by market. Prepares pro-forma analysis for physician staff additions, startup practices potential practice acquisitions and other changes as needed.
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