Senior Financial Operations Director
2 days ago
Our client, a leading teaching hospital, is seeking an AVP of Financial and Analytical Operations to join their team. This role will oversee the day-to-day operations of financial operations, revenue cycle reports, analysis, project management, and data analytics/dashboard reporting.
Key Responsibilities:- Partner with management, physicians, and staff to identify financial improvement opportunities.
- Develop and implement current and future financial strategies to increase and improve cash flow.
- Develop a consistent and coordinated billing model to sustain or improve financial performance.
- Provide analytical support to the Chief Revenue Officer, overseeing both physician and hospital revenue.
- Lead financial planning process and analytics for business planning, new practice acquisitions, real estate leases, and new clinicians.
- Train staff in financial forecasting, advanced data analytics, and regulatory and policy updates.
- Manage physician reporting for 500+ doctors, meeting and reviewing data with Chairs/Chief and Physicians.
- Work with FGP budget for volume and revenue projections and design monthly budget variance dashboards.
- Work with SVP of Payor Relations to analyze and interpret reimbursement and benchmarking trends on the insurance plan level.
- Provide leadership and direction for the revenue cycle, ensuring the integrity, accuracy, and effectiveness of the professional billing cycle.
- Analysis and report on provider level payor credentialing status.
- Work with SVP of Physician Network Operations to develop, implement, and track physician compensation models.
- Bachelor's Degree in Health Finance, Hospital Administration, or General Finance.
- 10+ years of experience in revenue cycle management and optimization, patient financial, patient access, reimbursement, and other related fields.
- Proven track-record of leading organizations through transformation, significant organizational change, and process improvement.
- Excellent verbal and written communication skills, and exceptional interpersonal skills.
- Ability to create, develop, and implement staff in-service educational programs.
- Possesses strong critical thinking skills, shows initiative, with the ability to problem solve independently.
- Detailed oriented and strong multi-tasking skills.
- Proficient with PowerPoint, Word, Excel, and Outlook in Microsoft Office, and Teams.
- Skilled negotiator with a collaborative approach, ability to handle criticism or challenges, and effectively manages conflict.
- Ability to build positive and effective relationships, and strong physician relations.
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