Job Summary
With limited supervision, supports the timely and accurate administration of provider compensation plans for Corewell Health Medical Group West (CHMGW).
Essential Functions
Partners with departmental leaders, finance, legal, and HR customers to address issues and conduct collaborative problem-solving.
Performs financial modeling & benchmark analyses to advise decision-making for clinical and operational leadership to maintain market competitiveness and alignment with budgetary and regulatory requirements.
Advises upon and supports the implementation of special initiatives, including addressing changing market demands for compensation and the communication of various compensation programs / practices with a focus on change management.
Partners with Manager and team members to develop standard deliverables related to internal & external processes.
Supports internal process improvement efforts, including technological capabilities and efficiencies.
Supports regulatory review process (including Fair Market Value) for clinical service lines, as needed.
Qualifications
Required
Bachelor's Degree or equivalent accounting, finance, business, health care administration or related field
5 years of relevant experience. Progressively responsible work experience in finance with heavy emphasis on financial modeling and analytics, preferably related to compensation.
Preferred
Preferred Master's Degree or equivalent
Familiarity with provider compensation plans, compensation and productivity (e.g., wRVUs) benchmarking, and regulatory requirements (such as Fair Market Value and Stark Law).
Healthcare industry experience, including but not limited to, hospitals and physician practices.
Physical Demands
- Pallet to Waist (6" from floor) > 5 lbs: Seldom up to 10 lbs
- Waist to Waist > 5 lbs: Seldom up to 10 lbs
- Waist to Chest (below shoulder) > 5 lbs: Seldom up to 10 lbs
- Waist to Overhead > 5 lbs: Seldom up to 10 lbs
- Bilateral Carry > 5 lbs: Seldom up to 10 lbs
- Unilateral Carry > 5 lbs: Seldom up to 10 lbs
- Pushing Force > 5 lbs: Seldom up to 10 lbs
- Pulling Force > 5 lbs: Seldom up to 10 lbs
- Sitting: Frequently
- Standing: Occasionally
- Walking: Occasionally
- Forward Bend - Standing: Seldom
- Forward Bend - Sitting: Occasionally
- Trunk Rotation - Standing: Seldom
- Trunk Rotation - Sitting: Occasionally
- Reach - Above Shoulder: Seldom
- Reach - at Shoulder or Below: Seldom
- Handling: Occasionally
- Forceful Grip > 5 lbs: Seldom
- Forceful Pinch > 2 lbs: Seldom
- Finger/Hand Dexterity: Frequently
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Primary Location
SITE - 515 Michigan St NE - Grand Rapids
Department Name
Physician Compensation
Employment Type
Full time
Shift
Day (United States of America)
Weekly Scheduled Hours
40
Hours of Work
8:00 am to 5:00 pm
Days Worked
Monday to Friday
Weekend Frequency
N/A
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Corewell Health is committed to providing a safe environment for our team members, patients, visitors, and community. We require a drug-free workplace and require team members to comply with the MMR, Varicella, Tdap, and Influenza vaccine requirement if in an on-site or hybrid workplace category. We are committed to supporting prospective team members who require reasonable accommodations to participate in the job application process, to perform the essential functions of a job, or to enjoy equal benefits and privileges of employment due to a disability, pregnancy, or sincerely held religious belief.
Corewell Health grants equal employment opportunity to all qualified persons without regard to race, color, national origin, sex, disability, age, religion, genetic information, marital status, height, weight, gender, pregnancy, sexual orientation, gender identity or expression, veteran status, or any other legally protected category.
An interconnected, collaborative culture where all are encouraged to bring their whole selves to work, is vital to the health of our organization. As a health system, we advocate for equity as we care for our patients, our communities, and each other. From workshops that develop cultural intelligence, to our inclusion resource groups for people to find community and empowerment at work, we are dedicated to ongoing resources that advance our values of diversity, equity, and inclusion in all that we do. We invite those that share in our commitment to join our team.
You may request assistance in completing the application process by calling 616.486.7447.