Manager, Provider Compensation & Business Analytics

Beth Israel Lahey Health is a healthcare organization seeking a Manager, Provider Compensation & Business Analytics to oversee provider compensation programs for its Medical Group. The role manages compensation planning, reporting, benchmarking, productivity analytics, payment processes, leadership support, and related team operations.

Responsibilities:

• Manage all aspects of provider compensation, including but not limited to: budgeting, forecasting, communication of plan changes, benchmarking, and support for Senior Leadership on related issues
• Lead the effort to provide market and internal compensation comparison data to medical and administrative leaders; partner closely with provider recruiting team
• Support Senior Leadership in Primary and Specialty Care with additional data / analysis, as needed
• Manage provider productivity analytics and benchmarking
• Develop and manage process to track FTE changes
• Produce monthly productivity report for management
• Ensure alignment between BILH MG’s provider compensation plan and strategic goals
• Support regular base salary review and adjustment process
• Primary contact for Senior Leaders and Service Line leaders on compensation program
• Staff and manage agenda for Management Provider Compensation Committee
• Develop staff and manage team through all provider compensation analytics
• Manage payments of leadership allocations and other variable compensation
• Develop guidelines and formulas for offsite provider payments or FMV related to provision of provider services to other entities
• Be a resource to Human Resources colleagues as it relates to their management of advanced practitioner compensation plans
• Maintain strict adherence to the Beth Israel Lahey Health Confidentiality policy
• Incorporate Beth Israel Lahey Health Standards of Behavior and Guiding Principles into daily activities
• Comply with all Corporate Health Policies
• Comply with behavioral expectations of the department and Beth Israel Lahey Health
• Maintain courteous and effective interactions with colleagues and patients
• Demonstrate an understanding of the job description, performance expectations, and competency assessment
• Demonstrate a commitment toward meeting and exceeding the needs of our customers and consistently adheres to Customer Service standards
• Participate in departmental and/or interdepartmental quality improvement activities
• Participate in and successfully completes Mandatory Education
• Perform all other duties as needed or directed to meet the needs of the department

Requirements:

• Bachelor's degree
• 5+ years' leadership experience in a hospital, health system or physician practice with exposure to provider compensation plans
• Physician practice operations background
• Good computer and excellent communication skills are a must
• A general understanding of healthcare reimbursement and physician compensation are important as well
• Well developed business and financial skills/acumen along with strong analytical orientation