Sr. Financial Analyst - Physician Compensation

Reposted 12 Hours Ago
Hiring Remotely in Connecticut
Remote
90K-105K Annually
Junior
Big Data • Healthtech • Software
The Role
The Sr. Financial Analyst will manage physician compensation reconciliations, develop compensation models, analyze payment requests, and ensure compliance with regulations.
Summary Generated by Built In
About Our Company

We’re a physician-led, patient-centric network committed to simplifying health care and bringing a more connected kind of care.

Our primary, multispecialty, and urgent care providers serve millions of patients in traditional practices, patients' homes and virtually through VillageMD and our operating companies Village Medical, Village Medical at Home, Summit Health, CityMD, and Starling Physicians.

When you join our team, you become part of a compassionate community of people who work hard every day to make health care better for all. We are innovating value-based care and leveraging integrated applications, population insights and staffing expertise to ensure all patients have access to high-quality, connected care services that provide better outcomes at a reduced total cost of care.

Please Note: We will only contact candidates regarding your applications from one of the following domains: @summithealth.com, @citymd.net, @villagemd.com, @villagemedical.com, @westmedgroup.com, @starlingphysicians.com, or @bmctotalcare.com.

Job Description

Join VillageMD as a Senior Financial Analyst – Physician Compensation, based remote  

At VillageMD, we're looking for a Sr. Financial Analyst to help us transform the way primary care is delivered and how patients are served. As a national leader on the forefront of healthcare, we've partnered with many of today's best primary care physicians. We're equipping them with the latest digital tools. Empowering them with proven strategies and support. Inspiring them with better practices and consistent results.

We're creating care that's more accessible. Effective. Efficient. With solutions that are value-based, physician-driven and patient-centered. To accomplish this, we're looking for individuals who share our sense of excellence, are ready to embrace change, and never settle for the status quo. Individuals who have the confidence to lead but the humility to never stop learning.

How you can make a difference

  • Support finance leaders by maintaining monthly physician and advanced practice provider compensation reconciliations and accruals.
  • Support compensation model development and implementation efforts across national medical group as needed.
  • Develop and maintain compensation analytics for Manager of Physician Compensation and VP of Finance for the medical group.
  • Validate physician and advanced practice provider payment requests against active employment terms.
  • Run quarterly compensation cap calculations for physicians and advanced practice providers.
  • Maintain physician and advanced practice provider compensation database monthly to capture most recent employment terms and any new hires.
  • Maintain current knowledge of legal and regulatory requirements related to physician arrangements, fair market value and commercial reasonableness testing.
  • Interpret provider contracts and administer compensation in compliance with FLSA, Stark Law, and internal policies.
  • Analyze and process complex compensation components (e.g., call pay, shift pay, quality incentives).
  • Serve as a subject matter expert for providers and leadership on compensation policies and practices.
  • Collaborate with Payroll, Finance, and Medical Group Administration to ensure accurate payments, budgeting, and reporting.
  • Create and present compensation reports and strategic recommendations to leadership.
  • Resolve provider compensation issues using critical thinking and data analysis.
  • Educate providers and leadership on compensation systems and regulatory requirements.
  • Document procedures and support compliance, audits, and special projects.
  • Contribute to special projects and deliver executive-ready presentations as needed.
     

Skills for success

  • Strong analytical experience leveraging Microsoft tools.
  • Experience performing under pressure with a keen sense of urgency, attention to detail, and a commitment to doing what you say you will do.
  • Ensure that all payments made adhere to contracts
  • Provide input to finance for quarterly forecasting and annual budgeting process

Experience to drive change

  • Bachelor’s Degree required.
  • A minimum of 2 years of relevant financial analyst experience.
  • Demonstrated organizational skills and the ability to effectively manage and pivot between competing priorities.
  • Excellent interpersonal communication, a high attention to detail, and critical problem-solving skills to garner credibility and develop strong relationships.

This is an exempt position. The base compensation range for this role is $90,000 - $105,000 per year depending on experience.  At VillageMD, compensation is based on several factors including, but not limited to education, work experience, certifications, location, etc.  The selected candidate will be eligible for a valuable company benefits plan, including health insurance, dental insurance, life insurance, and access to a 401k plan.

Those seeking employment at VillageMD are considered without regard to race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

About Our CommitmentTotal Rewards at VillageMD

Our team members are essential to our mission to reshape healthcare through the power of connection. VillageMD highly values the critical role that health and wellness play in the lives of our team members and their families.  Participation in VillageMD’s benefit platform includes Medical, Dental, Life, Disability, Vision, FSA coverages and a 401k savings plan.

Equal Opportunity Employer

Our Company provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to, and does not discriminate on the basis of, race, color, religion, creed, gender/sex, sexual orientation, gender identity and expression (including transgender status), national origin, ancestry, citizenship status, age, disability, genetic information, marital status, pregnancy, military status, veteran status, or any other characteristic protected by applicable federal, state, and local laws.

Safety Disclaimer

Our Company cares about the safety of our employees and applicants. Our Company does not use chat rooms for job searches or communications. Our Company will never request personal information via informal chat platforms or unsecure email. Our Company will never ask for money or an exchange of money, banking or other personal information prior to the in-person interview. Be aware of potential scams while job seeking. Interviews are conducted at select Our Company locations during regular business hours only. For information on job scams, visit, https://www.consumer.ftc.gov/JobScams or file a complaint at https://www.ftccomplaintassistant.gov/.

Top Skills

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The Company
HQ: Chicago, IL
1,500 Employees
Year Founded: 2013

What We Do

VillageMD helps reach its highest potential, creating a more rewarding experience for patients and physicians. We work with existing practices as well as our own brand, Village , providing state of the art solutions that support data-driven decision making, helping to ensure quality and reduce cost.

Why Work With Us

Imagine the fun, flexibility, and innovativeness of an exciting tech startup, with the impact, accountability, and conscientiousness of a company staffed with experienced, humble, and outcome-driven teammates. At VillageMD, we pursue efficiency and quality while supporting each other in the effort to drive change in .

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