The Physician Compensation/Financial Analyst is responsible for assisting with the development, design, maintenance, coordination and implementation of reporting systems for business operations and management related to physician compensation and efficiency. Responsibilities include accessing data through a variety of databases and the creation of accurate, meaningful and relevant reports for diverse audiences.
Job Duties and Responsibilities:
Will assist the Physician Compensation Manager in conducting physician compensation analyses, reviewing physicians' incentive agreements and calculations, analyzing benchmarking data on salary and productivity and providing data for any physician compensation surveys
Assists with the administration and implementation of pay practices for CSMCF medical groups
Maintains physician compensation, FTE and contract details database
Assists in the interpretation of pay practices as stipulated in the physician employment agreements and medical group professional services agreements
Assists Physician Compensation Manager in data gathering to complete physician compensation and productivity surveys
Analyzes physician salary survey data
Works with Medical Foundation HR & Payroll to ensure timely and accurate implementation of salary and FTE changes
Responsible for the preparation and development of physician employment PL's, ad hoc analysis and other financial reports as needed.
Assist with the reporting of monthly RVU, Revenue and MGMA statistics for each CSMCF affiliated group
Assist with the reporting of RVU vs PSA targets for each CSMCF Affiliated Group
Assist with the coordination and development of financial modeling of organizational strategic goals and initiatives.
Assist with the evaluation of the reliability, consistency and integrity of financial information.
Provides management with information from a variety of internal and external sources regarding programmatic proposals, prepares financial analyses and management level interpretation of sophisticated data sets.
Works with management in all matters pertaining to financial analysis, program proposals and project management.
Bachelor's degree in Accounting or Finance required.
Three to five (3 - 5) years of experience in Finance or Accounting.
Healthcare financial management experience is highly preferred.
Must have a broad understanding of healthcare financial reporting. Ability to provide financial data for analytical evaluation of business operations.
Knowledge of PC applications including advance Excel skills is required.
Working Title: Physician Compensation/Financial Analyst - Accounting
Providing healthcare for more than 100 years, Cedars-Sinai has evolved into one of the most dynamic and highly renowned medical centers in the world. Along with caring for patients, Cedars-Sinai is a hub for biomedical research and a training center for future physicians and other healthcare professionals. This attracts exceptional talent to Cedars-Sinai, including world-renowned physician-scientists who seek a place where they can both conduct research and see patients--the ideal formula for discovery and its translation into cures. Our patients benefit from access to doctors at the top of their fields, and our researchers have an ideal community in which to study the impact of healthcare challenges, and reflect that knowledge in their research. The greater Los Angeles area in which Cedars-Sinai resides possesses unparalleled cultural and ethnic diversity which offers outstanding opportunities for translational and clinical research and a dynamic environment for medical education.Although community based, Cedars-Sinai is a major t...eaching hospital affiliated with the David Geffen School of Medicine at the University of California, Los Angeles (UCLA). Cedars-Sinai has highly competitive graduate medical education programs in more than 50 specialty and subspecialty areas, a graduate program in biomedical sciences and translational medicine, a clinical scholars program directed towards junior physicians with aspirations to become clinical scientists, and post graduate training opportunities.There are more than 250 full-time faculty members at Cedars-Sinai. The voluntary medical staff, comprised of more than 2,200 specialty board-certified or board-qualified physicians, represent all of the specialties and subspecialties and collaborate with full-time medical staff in the teaching responsibilities of the graduate medical education programs.