Physician Compensation Valuation-Compliance Analyst

$60,653 - $87,942/Yr

CommonSpirit Health - Englewood, CO

Full-time

Englewood, CO

Hospitals

About the position

The Physician Compensation Valuation-Compliance Analyst role at CommonSpirit Health involves providing in-house fair market value analysis services for physician compensation. The position ensures compliance with applicable state and federal laws and regulations, focusing on continuous improvement of the compliance program. The analyst will participate in compliance investigations and monitoring activities, while also understanding various compensation models related to employed and non-employed physicians. This role requires financial literacy and a solid understanding of healthcare operations, particularly in relation to physician self-referral laws and anti-kickback statutes.

Responsibilities

• Provides in-house physician compensation fair market value analysis services.
• Performs fair market value analysis for due diligence and organizational integration work efforts involving both growth and divestiture activities.
• Serves as a consultant when fair market value guidance is required.
• Assists to develop tools and assists operators through the fair market value analysis process.
• As requested, provide education.
• Participates in compliance investigations, monitoring activities, and other projects as necessary.
• As requested, represents corporate responsibility on workgroups.
• Works closely with internal and external legal counsel to ensure proper interpretation of the applicable laws and regulations.

Requirements

• Bachelor's Degree required.
• Master's Degree in Finance/Accounting, Health Care Administration, Business or other related field preferred.
• Minimum of one (1) year of physician compensation valuation and/or healthcare, finance, or related field experience required.
• Certification in Provider Compensation Valuation (CPCV) or Certified Valuation Analyst (CVA) preferred.
• Familiarity with provider compensation valuation and provider compensation models.
• Basic understanding of healthcare operations, specifically hospital and physician practice, and revenue cycle.
• Basic understanding of the Federal and State laws and regulations regarding physician self-referral (Stark law), Anti-kickback statute, fraud and abuse, and tax exemption.
• Financially literate, strong analytical and planning skills.
• Success working collaboratively with key stakeholders to accomplish goals.
• Ability to facilitate work groups and develop new processes.
• Demonstrates strong verbal and written communication skills with the ability to communicate effectively.