Compensation & Data Analyst

One City Center - Allentown, PA

Full-time

Allentown, PA

10,001+ employees

Real Estate

About the position

The Compensation & Data Analyst position at Lehigh Valley Health Network (LVHN) involves analyzing and communicating sensitive compensation, healthcare productivity, and performance-feedback data to executive management and over 1100 physicians and Advanced Practice Clinicians (APCs). The role is crucial in supporting the financial and operational aspects of physician compensation and productivity within the organization, contributing to the overall excellence in healthcare delivery.

Responsibilities

• Prepares monthly compensation variance analysis and reconciliation against LVH/LVPG payroll systems and finance systems.
• Prepares presentations to the practitioner compensation committee, Board of Governors, LVPG Finance, LVHN Board as needed.
• Develops the compensation budgeting and projection process for LVPG physicians and APCs.
• Provides analysis of salary and productivity for recruiting new physicians and APCs.
• Communicates budgeted physician salaries to LVPG Accounting office and LVPG Finance.
• Creates a system to track and update data that can be incorporated into existing Professional Services databases.
• Develops compensation models for physicians and advanced practice clinicians to include ongoing changes to models and communication.
• Maintains demographic information, beneficiary designation, and fund direction information for all eligible SERP participants.
• Provides budgeted compensation and actual compensation information.
• Provides comp and productivity analyses for LVPG-Hazleton and LVPG-Schuylkill leadership.
• Executes physician and APC data analysis to benchmark data used for market adjustments to compensation models and recruiting.
• Investigates to find current contact information for any providers whose distributions are returned undeliverable and ensures new distribution is made.

Requirements

• Bachelor's Degree in Health Care-related or Business.
• 5 years communication and service to or with physicians, APCs, or other high-level professionals within health care (i.e. executive management).
• Proficiency in Microsoft Access, Excel, and Word.

Nice-to-haves

• Master's Degree in Health Care-related or Business.