Physician Compensation Specialist

ID 2024-23219
Location
Cone Health Medical Group HeartCare at Northline
Work Location
US-NC-Greensboro
Division : Name
Hospital Clinic Operations
Department : Name
HCO-CV ADMIN SUMMARY
Category
FINANCE
Position Sub-Category
FINANCE
Position Type
Full Time (40 hours/week)
Employment Type
Employee
Exempt/NonExempt
Exempt
FTE
1.00
Workforce Status
Onsite
Work Hours
40.00
Provider Schedule (specific schedule)
Mon - Fri, 8a-5p or as operationally needed
On call Required
No
Sub Category
Finance

Overview

This position is responsible for supporting CHMG physician related activities such as month end close, budgeting, productivity reporting, compensation and payroll processing, managerial finance needs, and benefit enrollment support.

Talent Pool: Corporate Services/Professional

Responsibilities


Completes reconciliations for physician related activities and provide support for other non-physician financial tasks as needed.
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Completes routine/monthly tasks as assigned for accurate financial decision making, including but not limited to traditional financial analysis and variance analysis. Completes special projects as it relates to the analysis of changes in physician compensation issues and work directly with physicians, Directors, and other Senior Leaders to resolve issues. Responsible for the administration of select physician CME activities and license renewals.
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Participate in annual budget process by supporting divisional leaders and other finance personnel by preparing summaries and schedules as needed.
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Responsible for the administration of select CHMG physician compensation activities to include compensation plan updates, bi-annual physician bonus payout processing, productivity reporting (including charge posting edit and review) and benefit enrollment oversight. Work directly with select physicians, Directors, CFO, and other CHMG Senior Leadership regarding physician issues. Maintains advance knowledge of the financial computer systems and serves as a resource to others (Hospital/Division leadership and Accountants) in their understanding of physician transaction processing and reporting.
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Supports monthly financial close process by preparing supporting schedules and documentation. Assist in reviewing and analyzing actual to budget variances such that accurate financial statements can be prepared.
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Qualifications


EDUCATION:
Required:
HS degree or equivalent, and a minimum of 15 credit hours in accounting or closely related coursework at an accredited institution
Preferred:
Bachelors degree in Accounting, Finance or related field

EXPERIENCE:
Required:
Minimum 4 years? experience in directly related role. Candidates with preferred education (Bachelors degree or higher in related field).
Preferred:
Experience in hospital/healthcare industry

LICENSURE/CERTIFICATION/REGISTRY/LISTING:
REQUIRED
PREFERRED

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