Physician Compensation and Contracting Analyst job opportunity at Baptist Health.

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DateMore Than 30 Days Ago bot
Baptist Health Physician Compensation and Contracting Analyst
Experience: 3-years
Pattern: full-time
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loacation Kentucky, United States Of America
loacation Kentucky....United States Of America

Summary Job Description: Baptist Health Medical Group is looking for a Physician Compensation and Contracting Analyst to join their team. This is a remote position that requires residency in KY or IN. The Physician Compensation & Contracting Analyst provides contracting support services for Baptist Health Medical Group (BHMG) to include physician compensation design, benchmarking, financial analysis and recommendations.   The Physician Compensation & Contracting Analyst serves as a liaison between internal and external stakeholders and collaborates with team members on ongoing evaluation and improvement of compensation models. Essential Duties: Perform detailed financial modeling of physician compensation, including base, incentive, and productivity-based components (e.g., wRVU, quality, or call pay). Analyze and recommend enhancements to existing compensation structures to ensure competitiveness, sustainability, and alignment with organizational goals. Prepare compensation audits, investigate anomalies, and provide variance explanations to leadership. Utilize annual market benchmarking and external survey submissions to inform compensation decisions. Ensure provider employment agreements and compensation terms are accurate, timely, and compliant with approved structures. Support development, review, and maintenance of standardized contract templates and compensation models across specialties. Administer and maintain a comprehensive database of provider contracts, amendments, and compensation components. Compile supporting documentation for internal and external fair market value (FMV) reviews and collaborate with Legal and Compliance departments as needed. Document contracting and compensation actions for compliance and audit purposes, maintaining organized and accessible records. Qualifications: Bachelor’s Degree in Business Administration, Finance, Accounting, Healthcare Administration or related field or equivalent combination of education and related experience 3+ years related experience in healthcare administration, physician contracting or related field 1+ year of experience in physician compensation analysis Financial experience in an integrated healthcare environment including medical group operations preferred Project management experience preferred Experience with benchmarking data (MGMA, AMGA, Sullivan Cotter) Knowledge of legal forms and requirements for employed physician contracts and addendums preferred Knowledge of contract law and healthcare regulations (FMV) Strong analytical and research skills Attention to detail and organizational skills Ability to manage multiple priorities and deadlines Excellent written and verbal communication Proficient in Microsoft Office (Particularly Excel) Physician Compensation, Physician Contracting, Provider Compensation, Provider Contracting, Compensation Analysis Work Experience Education If you would like to be part of a growing family focused on supporting clinical excellence, teamwork and innovation, we urge you to apply now! Baptist Health is an Equal Employment Opportunity employer.

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