Trinity Health
Senior Financial Analyst, Medical Groups - Hybrid
Trinity Health, Fort Lauderdale, Florida, us, 33336
Employment Type:Full time
Shift:
Description:
Reporting to the Director Finance for the Medical Groups, the Senior Financial Analyst is responsible for accurately paying providers employed by Holy Cross Health. Under limited supervision, the Senior Financial Analyst reviews physician employment agreements, policy and addendums, and develops and updates the physician compensation models to ensure that payments stay compliant with the contractual terms and with Holy Cross Health Policy. In addition, the position performs financial analyses regarding the financial performance of the medical group, including volumes, reimbursement, and expense management. In doing so, this role works closely with various members of hospital and medical group leadership and with physicians.
**Hybrid Option**
ESSENTIAL FUNCTIONS:
*Oversees and supports administration of various provider compensation models, ensuring compliance with Holy Cross Health policies, procedures, and guidelines.
*Develops, maintains, and updates physician compensation models, including regular auditing and reconciliation. Guides future development and enhancements to models.
*Performs regular analysis of complex compensation calculations including wRVU incentive models, clinical quality compensation, and value-based metrics.
*Serves as a subject matter expert and consults with physicians and all levels of leadership throughout the organization on physician compensation and related policies and practices.
*Uses EHR data and related databases for reporting and calculating wRVUs for provider compensation.
*Provides monthly physician compensation analysis and provides analysis of current and future compensation models for Medical Group Administration. Performs robust financial analysis on physicians' practices and makes sound, data-driven recommendations to senior leadership on fiscal viability of contract renewals.
*Main point of contact and problem-solver for physicians with compensation issues and concerns. Must utilize critical thinking and investigative skills to research and resolve variable, complex compensation issues.
*Works with the Medical Group Administration to budget provider compensation appropriately among variable components (wRVU incentive compensation, quality compensation, etc).
*Regularly interprets and administers compensation based on physician employment agreements.
* Reviews changes in benchmark data for impact on current provider compensation plans; makes recommendations for changes.
SKILLS, KNOWLEDGE, EDUCATION, AND EXPERIENCE:
Bachelor's Degree required, preferably in accounting, finance, or business administration. Master's Degree in Healthcare Administration, Business Administration, or another related field preferred.
Five (5) years minimum experience and/or educational years will apply, preferably in a health care setting, with background in accounting, finance, or provider compensation.
Microsoft Excel and Microsoft Access proficiency required.
Our Commitment to Diversity and Inclusion
Trinity Health is one of the largest not-for-profit, Catholic healthcare systems in the nation. Built on the foundation of our Mission and Core Values, we integrate diversity, equity, and inclusion in all that we do. Our colleagues have different lived experiences, customs, abilities, and talents. Together, we become our best selves. A diverse and inclusive workforce provides the most accessible and equitable care for those we serve. Trinity Health is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by law.
Shift:
Description:
Reporting to the Director Finance for the Medical Groups, the Senior Financial Analyst is responsible for accurately paying providers employed by Holy Cross Health. Under limited supervision, the Senior Financial Analyst reviews physician employment agreements, policy and addendums, and develops and updates the physician compensation models to ensure that payments stay compliant with the contractual terms and with Holy Cross Health Policy. In addition, the position performs financial analyses regarding the financial performance of the medical group, including volumes, reimbursement, and expense management. In doing so, this role works closely with various members of hospital and medical group leadership and with physicians.
**Hybrid Option**
ESSENTIAL FUNCTIONS:
*Oversees and supports administration of various provider compensation models, ensuring compliance with Holy Cross Health policies, procedures, and guidelines.
*Develops, maintains, and updates physician compensation models, including regular auditing and reconciliation. Guides future development and enhancements to models.
*Performs regular analysis of complex compensation calculations including wRVU incentive models, clinical quality compensation, and value-based metrics.
*Serves as a subject matter expert and consults with physicians and all levels of leadership throughout the organization on physician compensation and related policies and practices.
*Uses EHR data and related databases for reporting and calculating wRVUs for provider compensation.
*Provides monthly physician compensation analysis and provides analysis of current and future compensation models for Medical Group Administration. Performs robust financial analysis on physicians' practices and makes sound, data-driven recommendations to senior leadership on fiscal viability of contract renewals.
*Main point of contact and problem-solver for physicians with compensation issues and concerns. Must utilize critical thinking and investigative skills to research and resolve variable, complex compensation issues.
*Works with the Medical Group Administration to budget provider compensation appropriately among variable components (wRVU incentive compensation, quality compensation, etc).
*Regularly interprets and administers compensation based on physician employment agreements.
* Reviews changes in benchmark data for impact on current provider compensation plans; makes recommendations for changes.
SKILLS, KNOWLEDGE, EDUCATION, AND EXPERIENCE:
Bachelor's Degree required, preferably in accounting, finance, or business administration. Master's Degree in Healthcare Administration, Business Administration, or another related field preferred.
Five (5) years minimum experience and/or educational years will apply, preferably in a health care setting, with background in accounting, finance, or provider compensation.
Microsoft Excel and Microsoft Access proficiency required.
Our Commitment to Diversity and Inclusion
Trinity Health is one of the largest not-for-profit, Catholic healthcare systems in the nation. Built on the foundation of our Mission and Core Values, we integrate diversity, equity, and inclusion in all that we do. Our colleagues have different lived experiences, customs, abilities, and talents. Together, we become our best selves. A diverse and inclusive workforce provides the most accessible and equitable care for those we serve. Trinity Health is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other status protected by law.