Avera
Healthcare
PhysicianCompensationManager
Neural analysis suggests this role is
optimal for Mid+ candidates.
“Physician Compensation Manager at Avera. Skills: Physician compensation, Income distribution formulas, Contract analysis, Financial analysis, Practice management. Develops and maintains Income Distribution Formula (IDF) spreadsheets. Ensures data integrity of production data”
What You'll Achieve.
Ensures data integrity of production data for entry into IDF spreadsheets; Verifies completeness and accuracy of data; Responsible to ensure physician IDF payments are made in accordance with contract terms; Assures that CAO and practice administrators have concise practice management information in a timely fashion; The representative is accountable for assuring that the information appropriately matches the current business management needs
Industry & Context.
Analysis of physician production results; Analyzes and interprets the data and statistical information; Provides recommendations on contract language and provider offers; Advises practice administrators and leadership on financial viability of projects and provide recommendations
Visual acuity adequate to perform position duties
What They're Looking For.
Must Have
Bachelor's degree, 4-6 years Related experience
Nice to Have
Bachelor's Health Administration, Bachelor's Business Administration, Bachelor's Accounting
What You'll Do.
Develops and maintains Income Distribution Formula (IDF) spreadsheets
Ensures data integrity of production data
Responsible to ensure physician IDF payments are made in accordance with contract terms
Advises physician recruitment department and practice administrators on physician contract terms and amendment language
Collaborate with leadership to ensure compensation models are competitive
drive and reward a high-performance culture and are aligned with Avera’s current and future strategic direction
Creates and distributes personnel action forms (PAFs)
Consults and supports administration in key product line and clinic planning
Compiles data and statistical information
Analyzes and interprets the data and statistical information for practice administrators
Directly supports Chief Administrative officer (CAO) of AMG and practice administrators
Responsible for maintaining expert knowledge on assigned clinics within AMG and maintaining a working knowledge of all medical specialties
Responsible for maintaining a working knowledge of all flows
and policies within AMG’s practice management
Calculates program break-even levels and provides capital project payback analysis upon request
Advises practice administrators and leadership on financial viability of projects and provide recommendations
How You'll Work.
Team & Collaboration
Be part of a multidisciplinary team; Collaborate with leadership; Consults and supports administration; Directly supports Chief Administrative officer (CAO) of AMG and practice administrators; Work effectively in a team environment, coordinating work flow with other team members
Communication Scope
Ability to communicate effectively with others; Hear, understand and distinguish speech and other sounds; Communication
Process & Methodology
Clinic planning, Product line planning, Special projects
Full Job Description
**Location:** Plaza 3-Sioux Falls **Worker Type:** Regular **Work Shift:** Day Shift (United States of America) **Pay Range:** _The pay range for this position is listed below. Actual pay rate dependent upon experience._ $73,840.00 - $111,800.00 **Position Highlights** **You Belong at Avera** **Be part of a multidisciplinary team built with compassion and the goal of Moving Health Forward for you and our patients. Work where you matter.** **A Brief Overview** Provides support to Clinic Operations by maintaining physician income distribution formula spreadsheets and calculating thresholds. Provides advice and recommendations on physician contract terms, offers and amendment language. Responsible for providing reliable practice management information to Avera Medical Group administration. Responsible for supporting Avera Medical Group administration as they collaborate with providers, partners, and site managers. Responsible for providing a high level of expertise in the areas of 3rd party reimbursement for physician services, clinic business planning, and analysis of physician production results. Also assists in the budget process and reporting. **What you will do ** * Develops and maintains Income Distribution Formula (IDF) spreadsheets, utilizing Microsoft Excel for clinic network providers, including calculation of compensation/production thresholds. Formalizes contract terms into IDF spreadsheets. * Ensures data integrity of production data for entry into IDF spreadsheets. Verifies completeness and accuracy of data. * Responsible to ensure physician IDF payments are made in accordance with contract terms. * Advises physician recruitment department and practice administrators on physician contract terms and amendment language. Provides recommendations on contract language and provider offers. * Collaborate with leadership to ensure compensation models are competitive, cost effective, drive and reward a high-performance culture and are aligned with Avera’s current
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