Director, Financial Operations

1 month ago

Tulsa, United States Utica Park Clinic Administration Full time

Overview:

Hillcrest HealthCare System (HHS) is a comprehensive health system providing quality healthcare in northeastern Oklahoma, with the systems flagship hospital, Hillcrest Medical Center, located in Tulsa. Additionally, HHS is comprised of Bailey Medical Center, Hillcrest Hospital Claremore, Hillcrest Hospital Cushing, Hillcrest Hospital Henryetta, Hillcrest Hospital Pryor, Hillcrest Hospital South, Tulsa Spine & Specialty Hospital, Oklahoma Heart Institute and Utica Park Clinic. HHS has 1,180 licensed beds and an expansive network of clinics.

Ardent Health Services owns and operates Hillcrest HealthCare System. Based in Nashville, Tennessee, Ardent Health Services includes 30 hospitals and more than 200 sites of care.

Utica Park Clinic

Utica Park Clinic, founded in 1982, is a multi-specialty medical group with 325 employed physicians and advance practice providers representing 30 specialties. They are made up of 55% primary care, 25% surgical specialties and 20% medicine specialties across 70 office sites in Oklahoma, serving 17 communities. Annually, Utica Park Clinic sees approximately 260,000 unique patients with over 700,000 visits.

Oklahoma Heart Institute

From comprehensive diagnostics to open heart surgery and cardiac rehabilitation, Oklahoma Heart Institute combines recognized cardiovascular physicians and advanced practice providers with the regions most advanced technology across 13 clinics. Oklahoma Heart Institute offers critical care, interventional cardiology, noninvasive cardiology, electrophysiology, advanced heart failure treatment, and metabolic studies. Oklahoma Heart Institute is also involved in over 200 cutting edge research studies across the vast amount of specialties within the system.

POSITION SUMMARY

Reporting to the CEO of Utica Park Clinic and Oklahoma Heart Institute, the Director, Financial Operations is a key strategic and tactical management position responsible for serving market administrative and physician leadership and tasked with direct oversight of finance, capitated managed incentive programs, due diligence, credentialing, and revenue cycle management functions for over 400 employed physicians, physician assistants, and nurse practitioners. The Director is responsible for interacting with market, region and corporate finance and operations leadership in developing and maintaining sound financial structures to ensure profitable physician practices.

Responsibilities:
  • Provide oversight of market finance and accounting teams to ensure timely and accurate completion of monthly, quarterly, and annual physician financial accounting (accrual-based) reports, month end financial statements, journal entry review, financial statement variance analysis, contractual and bad debt reserve analysis, balance sheet reconciliations, and quarterly forecasts and annual budgets.
  • Assist with development and communication of annual manpower plan and budgets.
  • Provide finance and operations support for practice acquisitions and de novo practices.
  • Provide support to the region on financial and operational management projections, reporting and analysis, budgetary controls, planning, and improvement initiatives.
  • Facilitate and coordinate ideas for development of strategies for revenue/expense improvements required to fulfill the goals and objectives of each practice entity.
  • Participate in physician onboarding activities related to finance; educate practice management on utilization of MSO chart of accounts, reviewing and understanding practice financials and various operational activities (e.g. daily cash and charge reconciliations and proper controls related to change funds).


Qualifications:

Education and Experience:

  • Bachelor's degree in Finance or Accounting required; Masters degree or CPA preferred.
  • 5+ years of experience of progressive management experience in healthcare finance, accounting or audit required.
  • Sound experience in GAAP, internal accounting controls, research/grant accounting, and patient care regulations.

Knowledge, Skills and Abilities:

  • Expert level knowledge and aptitude in Microsoft Excel and other accounting software.
  • Demonstrable problem-solving, quantitative, and analytical skills; strategic and critical thinking.
  • Excellent written and verbal communications skills including experience developing presentations for senior leaders.

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