The MetroHealth System (Cleveland, OH) · 8 hours ago
Business Analyst - Provider Enterprise
Cleveland, OH
Full-time
Onsite
Mid LevelThe MetroHealth System is redefining health care by going beyond medical treatment to improve the foundations of community health and well-being. The Business Analyst - Provider Enterprise will participate in the evaluation and development of physician compensation strategies, providing analytic support and ensuring financial performance of the provider enterprise.
Health CareHospitalMedical
Responsibilities
Participates in the ongoing evaluation, enhancement and development of physician compensation strategies and models which align with The MetroHealth System organizational goals and financial objectives, and incentivizes physician productivity by:
Analyzing and monitors the effectiveness of existing compensation plans, policies, and administrative procedures
Evaluating and analyzing physician market data to ensure market competitiveness
Assisting with the development of base salaries for new providers
Creating and reviewing corresponding new hire provider offer letters
Determining appropriate incentive structure
Provides analytic and reporting support for the administration of all components of the physician compensation program by:
Maintaining and reviewing the overall CART of providers, incorporating site level reporting
Developing and maintaining physician database incorporating physician productivity and demographic information
Tracking the monthly productivity and site reporting of the providers and creating monthly trends and associated costs
Updating dashboard with related statistics and producing monthly (or as needed) management reports
Implements and maintains systems and procedures necessary for an effective reporting and analysis of all components of the physician compensation plan
Reviewing incentive accruals on monthly basis, identifying variances
Calculating annual, quarterly or off-schedule incentives
Updating and maintaining compensation database
Preparing quarterly and annual statements to departments and physicians
In support of efforts to achieve budget objectives, maximize financial resources, and improve overall financial performance for the provider enterprise, executes accountabilities including but not limited to:
Preparing an annual operating and capital budget in collaboration with appropriate personnel
Maintaining current reports relative to staffing levels, salary levels and incentive calculations
Preparing monthly revenue and expense reports and written financial analyses as required
Establish cost accounting and utilization procedures and systems in conjunction with financial and medical operations management
Performing cost, volume and productivity analyses
Compiling statistics and developing operational reports
Developing ad hoc reporting to facilitate departmental analysis and to satisfy the information requirements of users
Developing, implementing, enhancing, and maintaining systems and processes for electronically distributing and receiving statistical information
Develops and maintains monthly financial, workforce, and statistical analyses including:
Developing and maintaining monthly analyses of institutional and administrative functions, interacting with department directors as needed
Developing and maintaining special analyses to assist in reviewing fiscal performance at the institutional level and for key operational functions
Preparing long range forecasts and financial feasibility analysis of existing and/or proposed services/programs
Develops appropriate financial models for specific projects
Incorporates principles of teamwork with all organizational levels in the resolution, completion and follow-up of various responsibilities
Keeps current with trends, developments and practices by actively pursuing career development opportunities through advanced degrees/certifications, participating in internal/external continuing education courses, professional organizations and seminars; reading current literature and maintaining professional contacts in the community and with various healthcare society memberships
Qualification
Required
Participates in the ongoing evaluation, enhancement and development of physician compensation strategies and models which align with The MetroHealth System organizational goals and financial objectives, and incentivizes physician productivity by analyzing and monitors the effectiveness of existing compensation plans, policies, and administrative procedures
Evaluating and analyzing physician market data to ensure market competitiveness
Assisting with the development of base salaries for new providers
Creating and reviewing corresponding new hire provider offer letters
Determining appropriate incentive structure
Provides analytic and reporting support for the administration of all components of the physician compensation program by maintaining and reviewing the overall CART of providers, incorporating site level reporting
Developing and maintaining physician database incorporating physician productivity and demographic information
Tracking the monthly productivity and site reporting of the providers and creating monthly trends and associated costs
Updating dashboard with related statistics and producing monthly (or as needed) management reports
Implements and maintains systems and procedures necessary for an effective reporting and analysis of all components of the physician compensation plan
Reviewing incentive accruals on monthly basis, identifying variances
Calculating annual, quarterly or off-schedule incentives
Updating and maintaining compensation database
Preparing quarterly and annual statements to departments and physicians
Preparing an annual operating and capital budget in collaboration with appropriate personnel
Maintaining current reports relative to staffing levels, salary levels and incentive calculations
Preparing monthly revenue and expense reports and written financial analyses as required
Establish cost accounting and utilization procedures and systems in conjunction with financial and medical operations management
Performing cost, volume and productivity analyses
Compiling statistics and developing operational reports
Developing ad hoc reporting to facilitate departmental analysis and to satisfy the information requirements of users
Developing, implementing, enhancing, and maintaining systems and processes for electronically distributing and receiving statistical information
Develops and maintains monthly financial, workforce, and statistical analyses including developing and maintaining monthly analyses of institutional and administrative functions, interacting with department directors as needed
Developing and maintaining special analyses to assist in reviewing fiscal performance at the institutional level and for key operational functions
Preparing long range forecasts and financial feasibility analysis of existing and/or proposed services/programs
Develops appropriate financial models for specific projects
Incorporates principles of teamwork with all organizational levels in the resolution, completion and follow-up of various responsibilities
Keeps current with trends, developments and practices by actively pursuing career development opportunities through advanced degrees/certifications, participating in internal/external continuing education courses, professional organizations and seminars; reading current literature and maintaining professional contacts in the community and with various healthcare society memberships
Company
The MetroHealth System (Cleveland, OH)
Founded in 1837, MetroHealth is leading the way to a healthier you and a healthier community through service, teaching, discovery, and teamwork.
Founded in 1837
5001-10000 employees
Funding
Current Stage
Late StageTotal Funding
$4.56MKey Investors
Health Resources and Services AdministrationBank of America
2022-10-11Grant· $3M
2018-11-28Grant· $1M
2016-11-14Grant· $0.56M
Leadership Team
M
Michael Phillips
Chief Legal Officer
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