Location: Louisville, Kentucky
Job ID: 130229
Work Type: Regular Full-Time
Shift: Days
Facility Group: Norton Medical Group Job Description Responsibilities
The Manager - Provider Contracts - NMG works closely with the Director Provider Contracts - NMG to ensure provider employment agreement terms and physician compensation is accurate, timely, and in compliance with contracted expectations.As a Manager – Provider Contracts - NMG, you will have the opportunity to learn about a niche specialty area that is growing in the market place. In this role, you will work closely with other members of the team day-to-day. You will learn about the valuation of physician compensation and healthcare clinical financial operations. Specific tasks include financial modeling of physician compensation, documenting for compliance management purposes, partnering with our academics team to develop effective communication, collaboration and working relationships.This position will interact with all members of the contracts team as well as with other internal/external departments as related to compensation research or regular data sharing. This position performs a variety of project-oriented tasks to support the development and implementation of initiatives and compliance with Stark, Anti-Kickback and FMV regulations.
Key Responsibilities:
- Financial modeling of physician compensation for internal/external fair market reviews including benchmarking analysis to assist with preparation of new physician employment agreements, renewal of physician employment agreements, and professional services agreements. Which includes compilation of all supporting fair market review documentation for Legal/Compliance Department.
- Ensures provider compensation models are effective, compliant with applicable state and federal laws and regulations, and aligned with Norton physician compensation policies and offer terms by performing annual compensation review and Fair Market Value analysis for all employed providers, including production trajectories, analysis of data and preparation of annual renewal notices.
- Supports colleagues and direct reports regarding matters of provider compensation and contracts. Performs other physician analytic duties as assigned from time to time.
- Develop internal policies/best practices guidelines and process documentation and as it relates to provider compensation, Stark and anti-kickback regulations.
- Provides routine reports and support to operations, NCMG academic partners, internal physicians and other relevant stakeholders regarding compensation models, contracts, etc.
Qualifications
Required:
- Three (3) years of experience in physician compensation, accounting, finance or healthcare administration. Strong financial management, analytical ability in data trending, analysis and reporting.
- Bachelor Degree Accounting, Finance or Healthcare Administration or Related field
Desired:
- One (1) year experience administering physician compensation programs including productivity bonuses. One (1) year experience Stark, Anti-Kickback Statute, FMV concepts and competitive market benchmarking.
- Master Degree Accounting, Finance or Healthcare Administration or related field
Screening requirements:
Background check License & education verification Employment reference verification Drug Screen Norton Healthcare offers a competitive benefit package, including:
Paid vacation, sick days and holidays Paid parental leave 403b/401k retirement plan View more: Benefits Guide Medical, Dental, and Vision Insurance Discover meaningful career opportunities at NortonHealthcareCareers.com.Norton Healthcare Careers — Together, We Will.Norton Healthcare is a leader in serving adult and pediatric patients from throughout Greater Louisville, Southern Indiana, the commonwealth of Kentucky and beyond. The not-for-profit hospital and health care system is Louisville's third largest employer, with more than 17,000 employees.All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.Equal Employment Opportunity is the law.Equal Employment Opportunity is the law SupplementPay Transparency Notice
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