Valley Medical Center ยท 2 days ago
Provider Compensation Administration Analyst (2025-1220)
Renton, WA
Full-time
Onsite
Mid Level
$95K/yr - $142K/yr
3+ years expValley Medical Center is seeking a Provider Compensation Administration Analyst responsible for administering and analyzing the organization's provider compensation program. The role includes incentive calculations, compliance monitoring, and serving as a liaison between various departments to support strategic compensation initiatives.
Hospital & Health Care
Responsibilities
Responsible for the development and analysis of provider compensation plans
Functions as a strategic partner with executive leadership teams, leading compensation design and implementing new programs and best practices
Calculate physician incentives according to plan terms, coordinate review, approval, and payment
Administer provider productivity reporting and benchmark employed and contract-retained providers against market standards
Monitor and ensure compliance with all compensation plans and contracts
Provide overviews of compensation plans for new hires and respond to compensation-related inquiries
Model annual market review updates, ensuring pay aligns with fair market value
Prepare and distribute provider compensation reports with supporting detail
Research variances and explain pay and performance outcomes to stakeholders
Manage the compensation administration shared email inbox, logging each incoming item into a timeline to document and coordinate future system changes
Maintain compensation-related data integrity in physician compensation systems, including tracking of monthly provider clinical FTE reflective of all changes and leaves of absence
Generate standard and ad-hoc compensation reports and dashboards
Audit payroll data to ensure accuracy and compliance
Collaborate with IT, Finance, HRIS and other teams as necessary to improve data workflows, processes, and compensation system functionality
Calculate annual budgets for incentives and related expenses
Ensure compensation practices are consistent with legal, regulatory, and policy requirements
Develop and maintain documentation for compensation processes and system use
Provides input on and implements policies, procedures and processes on a system-wide basis
Identify and implement opportunities to improve compensation administration efficiency
Other duties as assigned
Qualification
Required
Bachelor's Degree required, preferably in Accounting, Finance, or Business, Additional experience may be considered in lieu of degree requirement
Minimum of three (3) years of experience in physician group management and/or compensation administration, required
Microsoft Excel expertise (macros, functions, formulas, pivot tables, lookups)
Attention to detail with a high level of accuracy
Strong analytical and critical thinking skills
Ability to work independently while maintaining confidentiality
Strong people skills to interact with physicians, managers, and colleagues
Ability to manage multiple priorities in a fast-paced environment
Preferred
General knowledge of professional billing rules, RVU usage, and physician production benchmarking strongly preferred
Experience with HRIS systems (Infor/Lawson, Kronos) preferred; experience with Heisenberg Physician Compensation System strongly preferred
Company
Valley Medical Center
Valley Medical Center is the largest nonprofit healthcare provider between Seattle and Tacoma.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Michele Forgues-Lackie MBA, FACHE, FACMPE, CHFP
SVP/CFO, UW Medicine's Valley Medical Center
Liz Nolan
SVP Chief Communications & Marketing Officer
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