Senior Financial Analyst - Medical Group
Holy Cross

Job Info

Employment Type:
Full time
Shift:

Description:
Reporting to the VP of Finance, 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.
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.

Our Commitment to Diversity and Inclusion

Trinity Health is a family of 115,000 colleagues and nearly 26,000 physicians and clinicians across 25 states. Because we serve diverse populations, our colleagues are trained to recognize the cultural beliefs, values, traditions, language preferences, and health practices of the communities that we serve and to apply that knowledge to produce positive health outcomes. We also recognize that each of us has a different way of thinking and perceiving our world and that these differences often lead to innovative solutions.

Our dedication to diversity includes a unified workforce (through training and education, recruitment, retention, and development), commitment and accountability, communication, community partnerships, and supplier diversity.