Provider Compensation Consultant
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Job Description
Provider compensation consultant designing compliant, market-aligned programs for Providence, a multi-state healthcare organization. Advising leaders and analyzing provider pay plans, acquisitions, and renewals.
Responsibilities:
- Shape and manage provider compensation programs
- Design fair, competitive compensation structures aligned with strategic initiatives, fair market value, and commercial reasonableness
- Develop and implement compensation plans reflecting market benchmarks, organizational sustainability, and legal compliance
- Advise leadership on strategic workforce planning
- Collaborate with HR, Finance, Legal, compliance, and operational leaders
- Guide communication and education efforts for providers and stakeholders
- Manage compliance risk and regulatory adherence
- Support recruitment, retention, and performance initiatives
- Gather and analyze data
- Conduct CPT coding reviews
- Create proformas
- Develop reports
- Perform provider market analysis
- Model plans for newly hired physicians, acquisitions, and contract renewals
- Participate on implementation teams for new acquisitions brought onto the system
Requirements:
- Bachelor's Degree in Healthcare, Human Resources, Business, Finance, or related area
- 3 years of experience in progressively responsible roles
- Demonstrated compensation design experience
- Finance experience
- Physician practice management experience
- Strong project/change management skills
- Experience with Human Resources, Contracting and Business Intelligence Software preferred
- Experience with data reporting and analytics tools preferred
Benefits:
- Retirement 401(k) Savings Plan with employer matching
- Health care benefits (medical, dental, vision)
- Life insurance
- Disability insurance
- Paid parental leave
- Vacations
- Holidays
- Time off for health issues
- Voluntary benefits
- Well-being resources
- Inclusive workplace where diversity is valued
- Additional compensation may be available, such as shift differentials, standby/on-call, overtime, premiums, extra shift incentives, or bonus opportunities
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