CommonSpirit Health - Englewood, CO

posted 7 days ago

Full-time
Englewood, CO
Hospitals

About the position

The position at CommonSpirit Health involves providing in-house physician compensation fair market value analysis services. The role is crucial for ensuring compliance with applicable state and federal laws and regulations regarding physician compensation. The individual will contribute to the continuous improvement of the compliance program and participate in various compliance investigations and monitoring activities. A strong understanding of compensation models, financial literacy, and relevant healthcare laws is essential for success in this role.

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 in developing tools and assists operators through the fair market value analysis process.
  • Provides education as requested.
  • Participates in compliance investigations, monitoring activities, and other projects as necessary.
  • Represents corporate responsibility on workgroups as requested.
  • Works closely with internal and external legal counsel to ensure proper interpretation of applicable laws and regulations.

Requirements

  • Bachelor's Degree required.
  • Minimum of one (1) year of physician compensation valuation and/or healthcare, finance, or related field experience required.
  • 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.
  • Demonstrates strong verbal and written communication skills with the ability to communicate effectively.

Nice-to-haves

  • Master's Degree in Finance/Accounting, Health Care Administration, Business or other related field preferred.
  • Certification in Provider Compensation Valuation (CPCV) or Certified Valuation Analyst (CVA) preferred.
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