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Community Health Systems

Physician Compensation Analyst

Career Insights for Compensation / Benefits Analyst

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What they do

A Compensation or Benefits Analyst evaluates and works to maintain the pay structure and benefits program at an organization. Analyzes wage and salary data and trends, monitors market conditions; works with benefits vendors, processes benefit claims for employees; monitors government employment regulations. May focus specifically on job classifications and compensation or on benefits programs such as pensions.

$87,221 / year median in Tennessee

+11% projected growth

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Job Description

  • Job Summary
  • The Physician Compensation Analyst supports the development, analysis, and administration of physician and advanced practice provider (APP) compensation programs.
This role performs compensation modeling, fair market value (FMV) analysis, provider benchmarking, and compliance review activities to support compensation recommendations and operational decision-making. The Physician Compensation Analyst collaborates with internal stakeholders, operational leadership, and external valuation partners to support provider compensation arrangements, contract renewals, acquisitions, and related compensation initiatives in alignment with organizational standards and federal healthcare regulations.
  • This role is considered FT but consists of 32 hours, working 4 days a week
  • Essential Functions
  • + Performs fair market value (FMV) analyses and reviews proposed compensation arrangements to ensure alignment with organizational standards and regulatory requirements.
+ Collaborates with external valuation vendors and maintains tracking tools and project status documentation related to FMV reviews and compensation requests. + Analyzes provider compensation structures, survey data, productivity metrics, and operational reports to support compensation recommendations and modeling activities. + Supports compensation analysis and FMV review activities for hospital-based specialties, including hospital medicine, emergency medicine, and anesthesia services. + Communicates compensation recommendations and modeling approaches to facility and operational stakeholders and participates in meetings to explain compensation methodologies and structures. + Reviews and analyzes operational and financial data associated with acquisitions, provider recruitment, and compensation-related initiatives. + Calculates provider compensation components, including base salary, incentives, bonuses, and productivity-based compensation using metrics such as wRVUs, collections, charges, and patient encounters. + Supports compliance with applicable federal healthcare regulations, including Stark Law and Anti-Kickback Statute requirements, related to provider compensation arrangements. + Assists with provider compensation contract renewals, amendments, and related compensation administration activities. + Performs other duties as assigned. + Maintains regular and reliable attendance. + Complies with all policies and standards.
  • Qualifications
  • + Bachelor's Degree in Accounting, Finance, Human Resources, Healthcare Administration, Business Analytics, or a related field required + 2-4 years of experience performing financial, compensation, or operational analysis in a healthcare environment required + Experience with provider compensation, FMV analysis, physician survey data, or healthcare operations preferred
  • Knowledge, Skills and Abilities
  • + Knowledge of provider compensation methodologies, financial analysis principles, and healthcare operational metrics.
+ Knowledge of provider compensation survey data sources such as MGMA, SullivanCotter, or similar benchmarking resources. + Understanding of federal healthcare regulations related to provider compensation arrangements, including Stark Law and Anti-Kickback Statute requirements. + Strong analytical and problem-solving skills with the ability to interpret financial and operational data. + Advanced proficiency in Microsoft Excel or Google Sheets, including pivot tables, formulas, and data analysis functions. + Effective written and verbal communication skills. + Ability to manage multiple priorities and maintain attention to detail in a fast-paced environment.

Equal Employment Opportunity This organization does not discriminate in any way to deprive any person of employment opportunities or otherwise adversely affect the status of any employee because of race, color, religion, sex, sexual orientation, genetic information, gender identity, national origin, age, disability, citizenship, veteran status, or military or uniformed services, in accordance with all applicable governmental laws and regulations. In addition, the facility complies with all applicable federal, state and local laws governing nondiscrimination in employment. This applies to all terms and conditions of employment including, but not limited to: hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. If you are an applicant with a mental or physical disability who needs a reasonable accommodation for any part of the application or hiring process, contact the director of Human Resources at the facility to which you are seeking employment; Simply go to http://www.chs.net/serving-communities/locations/ to obtain the main telephone number of the facility and ask for Human Resources.