Compensation Analyst

2 weeks ago

Remote, Singapore LucidHealth Full time

Description:
LucidHealth is a clinically integrated network of community-based radiology practices. We empower radiologists and clinicians so they can focus on what they do best - care for patients. LucidHealth’s collaborative model includes five hospital-based physician practices, two imaging center practices and one teleradiology practice.

***

The Compensation Analyst is responsible for supporting the design, analysis, and administration of compensation programs with a primary focus on clinical and provider compensation. The role helps ensure physician and APP pay structures, including base salary, incentive plans, and total rewards programs, are paid appropriately, remain competitive, equitable, and are aligned with business objectives.

This role requires expertise in healthcare provider compensation, including RVU-based models, shift-based pay structures, and incentive plans. The Compensation Analyst will collaborate with Finance, HR, Physician Recruitment, and Leadership to develop insights for provider pay programs.

**PRIMARY RESPONSIBILITIES**
- Calculate and/or validate payments for provider compensation programs, including base salaries, productivity-based pay, stipends, and incentive plans.
- Support the design and modeling of short
- and long-term incentive plans, ensuring they drive performance and remain financially sustainable.
- Perform budgeting and forecasting for provider compensation.
- Develop and maintain compensation reports, dashboards, and audits to monitor trends and provide insights for leadership.
- Ensure data integrity within HR systems and compensation platforms.
- Assist quarterly compensation processes, including salary adjustments, incentive payouts, and special compensation programs.
- Other duties as assigned.

**Requirements**:
**KNOWLEDGE AND SKILL REQUIREMENTS**
- Bachelor’s degree in Finance or Accounting
- 2 to 5 years of experience in performing relevant analyses in healthcare setting
- Knowledge of CMS, Provider Survey Data (i.e., MGMA and S&C), and practice operations preferred
- Experience with Tableu or Power BI
- High level of understanding of MS Excel, particularly with use of pivot tables and graphics

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