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Manager Business Analyst & Physician Compensation

Company: Cooper University Health Care
Location: Camden
Posted on: March 18, 2023

Job Description:

About us

At Cooper University Health Care, our commitment to providing extraordinary health care begins with our team. Our extraordinary professionals are continuously discovering clinical innovations and enhanced access to the most up-to-date facilities, equipment, technologies and research protocols. We have a commitment to its employees by providing competitive rates and compensation, a comprehensive employee benefits programs, attractive working conditions, and the chance to build and explore a career opportunity by offering professional development.

Discover why Cooper University Health Care is the employer of choice in South Jersey

Short Description

The MGR BUS ANALY & PHYSICIAN COMP supports strategic workforce management including planning, monitoring, and analyzing for Cooper Healthcare. This position will maintain key software and analytic tools aligned with the corporate strategic initiatives, maximizing the use of technology and organizational resources to achieve goals. Additionally, this position will partner with senior leaders to deploy solutions that maximize productivity.

The MGR BUS ANALY & PHYSICIAN COMP administers, coordinates and evaluates the Physician Compensation Program for Cooper Healthcare. Aligns Sr. Physician Leadership strategy with the core operations of the Physician Compensation program.

Physician Compensation Management:

  • Provide analytical support to various Provider Compensation committees
  • Manage and prepare monthly Physician flow of funds summaries
  • Manage Hospital based compensation increases, decreases, and incentives.
  • Prepare annual base salaries
  • Prepare annual and semi-annual incentive calculations, obtain the necessary administrator approvals and execute payment through payroll process
  • Prepare compensation related analytics and compensation related variance summaries
  • Calculate and validate physician leadership incentive grids
  • Support other non-physician provider incentives and future compensation plans (Nurse Practitioners, CRNAs, etc.)
  • Manage physician contracting process
  • Track physician "open" and vacant positions
  • Prepare annual Physician salary budgets
  • Prepare monthly compensation related expense accruals and incentive liability analysis
  • Maintain an annual compensation calendar and update Physician Compensation Guidelines Experience Required

    Minimum of 5 years' experience in highly quantitative role with direct analytics or finance experience. Experience with design and implementation of business processes or project management experience preferred.

    Management experience required or demonstrated through previous job experience and responsibilities.

    Education Requirements

    Bachelors of Science in quantitative field required

    Special Requirements

    Scheduled Days / Hours: M-F

Keywords: Cooper University Health Care, Camden , Manager Business Analyst & Physician Compensation, Human Resources , Camden, New Jersey

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