Physician Compensation Associate

Overview

Today, SCA Health has grown to 11,000 teammates who care for 1 million patients each year and support physician specialists holistically in many aspects of patient care. Together, our teammates create value in specialty care by aligning physicians, health plans and health systems around a common goal: delivering on the quadruple aim of high-quality outcomes and a better experience for patients and providers, all at a lower total cost of care.

As part of Optum, we participate in an integrated care delivery system that enables us to support our partners as they navigate a complex healthcare environment, Only SCA Health has a dynamic group of physician-driven, specialty care businesses that allows us to customize solutions, no matter the need or challenge:

• We connect patients to physicians in new and differentiated ways as part of Optum and with our new Specialty Management Solutions business.
• We have pioneered a physician-led, multi-site model of practice solutions that restores physician agency by aligning incentives to support growth and transition to value-based care.
• We lead the industry in value-based payment solutions through our Global 1 bundled payment convener, that provides easy predictable billing to patients.
• We help physicians address everything beyond surgical procedures, including anesthesia and ancillary service lines.
  
  

The new SCA Health represents who we are today and where we are going—and the growing career opportunities for YOU.

Responsibilities

Reporting to the Director of Physician Compensation, this position will have responsibility to centralize the day-to-day physician compensation calculation function. This associate level position will require a deep understanding of developing workflows (people, process, and technology) required to successfully administer the monthly calculation of physician compensation. To be successful, routine interaction across multiple lanes (finance, accounting, operations, compliance, and legal) is a must with the main customers of this service being the finance and operations lanes.



Responsibility Description:



To be a successful candidate, the candidate will need to have familiarity with multiple compensation models (private practice, wRVUs, percent of collections, compensation pools, and Earnings Before Physician Compensation (EPBC)). This role will be responsible for centralizing the physician compensation calculations and standardizing the workflow process for all relevant OSP partnerships. This will require the following:

Initial Focus

• Learning and becoming an expert on the legal structure and economic model of each partnership
• Ability to analyze monthly and quarterly results of a partnership; and demonstrate an understanding of how actual results impact provider compensation and overall business results
• Drive decision making using analytics (e.g. contribution margin, cash generation, benchmarking, other ad hoc requests) to support initiatives of the Physician Compensation and Operations teams
• Assist in centralizing the compensation administration and calculation functions, including but not limited to the following:
• • Contract Management - Work with legal and compliance to ensure contracts are managed appropriately within the contract management system
  • Calculations - Assess the ability to centralize compensation calculation functions across practice types (independent, employed) and need for additional resources and automation tools
  • FMV Process - Help standardize the FMV process with the compensation function; learn and guide stakeholders through the parent company compensation/FMV approval process
• Work with operations and finance lanes to build a reporting cadence to ensure that they understand the monthly compensation results and key drivers of those results
  
  

Routine Responsibilities

• Generate standard monthly operating/financial reports and actively participate on monthly review calls with VP Operations, Finance Lead and Group President
• Assemble presentations for monthly financial reviews and client management meetings as needed
• Ensure that all payments made adhere to contracts
• Build financial models and projections for transactions with new physician investors and potential mergers
• Provide input to finance for quarterly forecasting and annual budgeting process
• Liaise between department lanes, physicians, and partnerships ensuring all questions are answered in a timely manner
• Communicate effectively and engage with senior leadership of various external stakeholders to drive efficient processes that deliver optimum results
  
  

Qualifications

• Bachelor’s degree in business field required - Finance/Economics/Accounting/Business Administration
• 3-5 years of experience preferred
• Qualified candidate will be highly analytical, a critical thinker, intellectually curious, with decision making skills
• Experience with large multisite and multimarket medical groups is required
• Working knowledge of regulatory landscape related to physician compensation
• Ability to collaborate with other departments and organizations
• Working knowledge of the latest technology solutions
• Strong written and verbal communication skills including the ability to communicate with physicians
• Understanding of basic accounting principles and familiarity with financial statements/reporting
• Ability to digest financial information, render judgment, create context, and recognize patterns
• Consistently meets deadlines, maintain attention to detail, and manage conflicting priorities
• Ability to self-start, problem solve and present opportunities for continuous improvement
• Knowledge of Microsoft office suite (Excel, Access, PowerBI) is a must, experience with SQL is a bonus
• Motivation to achieve individual and team goals, must be able to work independently and in a team environment
• Travel requirements: minimal travel is required in this role, most travel will be for internal meetings (estimate about 10%)
• Experience working with multiple practice management systems like Athena, Aprima, NextGen, EPIC, Athena, Modernizing Medicine, and AllScripts is highly desired
  
  

USD $88,000.00/Yr. USD $110,000.00/Yr.