The Advisor, Financial Expert, Physician Compensation creates executive-level physician compensation reporting packages to communicate financial or other information on costs, prices, expenses, revenues, and various clinical and operational measures to make recommendations to senior management. Analyzes diverse sets of data including financial, operational, clinical and economic, to support strategic and operational decisions. Advises business units of financial performance and impact of decisions and thinks broadly to other downstream outcomes from changes to physician compensation plans. Serves as a trusted financial resource to operational leaders of the unit, providing financial reporting and analysis, expense management, operational improvement and the evaluation of growth opportunities. Combines strong relationships, analysis, and risk-conscious planning to ensure that the unit's plan is realized. Interfaces with both leadership and front-line team members to execute organizational development strategy and drive change initiatives across the unit. Partners with leadership team(s) to lead and direct both the long-range financial planning process and the annual budget process, including both operating and capital. Analyze complex financial data to drive operation improvement and/or subject matter expert knowledge in one or more key financial subject areas. Accountable for accurate volume and expense planning as known at the time in assigned areas to support regional leaders in being able to hit goals. Requires the ability to promote teamwork and develop team members without having direct reports - leading through influence.
Bachelor's Degree is required.
Requires 7-10 years of relevant compensation experience.
Requires knowledge of state and national regulatory agency guidelines and/or a working knowledge of Generally Accepted Accounting Principles (GAAP) and/or other industry standard guidelines.
Requires experience successfully interacting with all levels of leadership.
Requires experience implementing large scale process improvement initiatives that drive measurable business results.
Indiana University Health is unlike any other healthcare system and we're looking for team members who share the things that matter most to us. People who are inspired by challenging and meaningful work for the good of every patient. People motivated to do their best every day. People who are always ready to apply themselves. As one of Indiana's largest employers, our vision is to lead the transformation of healthcare through quality, innovation, and education, and make Indiana one of the nation's healthiest states.
IU Health is among the top ten largest single-state nonprofit health systems in the United States. Through its 16 hospitals (a mix of urban, suburban, and rural facilities), IU Health offers a full range of specialty and primary care services for children and adults. Statewide, IU Health has more than 2,600 staffed beds, $6.23 billion in net total operating revenue, and strategic service lines including cancer, cardiovascular, neuroscience, orthopedics, pediatrics and transplant, that have received national recognition for quality patient care over the decades. IU Health has over 34,000 team members.
We are an equal opportunity employer and value diversity and inc...lusion at IU Health. IU Health does not discriminate on the basis of race, color, religion, sex, sexual orientation, age, disability, genetic information, veteran status, national origin, gender identity and/or expression, marital status, or any other characteristic protected by federal, state, or local law. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
