Summary
Job Description:
Baptist Health Medical Group is looking for a Physician Compensation and Contracting Analyst to join their team. This is a remote position that requires residency in KY or IN.
The Physician Compensation & Contracting Analyst provides contracting support services for Baptist Health Medical Group (BHMG) to include physician compensation design, benchmarking, financial analysis and recommendations. The Physician Compensation & Contracting Analyst serves as a liaison between internal and external stakeholders and collaborates with team members on ongoing evaluation and improvement of compensation models.
Essential Duties:
- Perform detailed financial modeling of physician compensation, including base, incentive, and productivity-based components (e.g., wRVU, quality, or call pay).
- Analyze and recommend enhancements to existing compensation structures to ensure competitiveness, sustainability, and alignment with organizational goals.
- Prepare compensation audits, investigate anomalies, and provide variance explanations to leadership.
- Utilize annual market benchmarking and external survey submissions to inform compensation decisions.
- Ensure provider employment agreements and compensation terms are accurate, timely, and compliant with approved structures.
- Support development, review, and maintenance of standardized contract templates and compensation models across specialties.
- Administer and maintain a comprehensive database of provider contracts, amendments, and compensation components.
- Compile supporting documentation for internal and external fair market value (FMV) reviews and collaborate with Legal and Compliance departments as needed.
- Document contracting and compensation actions for compliance and audit purposes, maintaining organized and accessible records.
Qualifications:
- Bachelor’s Degree in Business Administration, Finance, Accounting, Healthcare Administration or related field or equivalent combination of education and related experience
- 3+ years related experience in healthcare administration, physician contracting or related field
- 1+ year of experience in physician compensation analysis
- Financial experience in an integrated healthcare environment including medical group operations preferred
- Project management experience preferred
- Experience with benchmarking data (MGMA, AMGA, Sullivan Cotter)
- Knowledge of legal forms and requirements for employed physician contracts and addendums preferred
- Knowledge of contract law and healthcare regulations (FMV)
- Strong analytical and research skills
- Attention to detail and organizational skills
- Ability to manage multiple priorities and deadlines
- Excellent written and verbal communication
- Proficient in Microsoft Office (Particularly Excel)
Physician Compensation, Physician Contracting, Provider Compensation, Provider Contracting, Compensation Analysis
Work Experience
Education
If you would like to be part of a growing family focused on supporting clinical excellence, teamwork and innovation, we urge you to apply now!
Baptist Health is an Equal Employment Opportunity employer.