Description
Job Summary
Responsible for all business and financial operations of the employed Group Practice (GP) at NCHS. Advises the Leader regarding overall plans, business-related policies, and programs across all clinical departments and divisions related to the group practice.
Develops, plans, directs, and controls broad administrative activities toward achieving the GP's business objectives consistent with the mission of NCHS in accordance with applicable laws and policies.
Identifies opportunities for business and financial improvement and recommends specific initiatives to ensure financial viability through short- and long-range planning in order to achieve and maintain growth.
Continually evaluates and makes timely adjustments to strategies and plans. Works closely and collaboratively with the Group Practice Medical Directors to manage the clinical operations of the GP and ensure premier customer service and high-quality care.
Works closely with the employed physician directors and administrative directors. Directs the work of staff, leads the decision-making process, provides consistent leadership, and maintains excellent interpersonal relations with all clinical faculty and staff.
Job Specific Duties
Assists in establishing financial goals and priorities for the group practice that are aligned with NCHS priorities. Oversees and is accountable for the development and management of the annual operating budget for the GP.
Assists in the development and execution of the GP’s strategic plan in collaboration with leadership and under the direction of the Vice President.
Determines and makes recommendations regarding human resource needs for GP operations, including recommendations for probationary actions and / or terminations.
Works collaboratively with GP Medical Directors and the Vice President to develop short- and long-term recruitment plans consistent with the strategic plan and within defined business and financial boundaries.
Ensures all professional service contracts are current and market-competitive.
Leads efforts to develop and deploy program-specific and practice-wide marketing efforts to promote a common and consistent brand for the GP.
Leads practice-wide strategic and business efforts in consultation with employed physicians and administrators.
Oversees all healthcare facility-planning functions for the GP, including proposed use of space in consultation with GP Medical Directors and Vice President.
Oversees the preparation of financial, operational, and management reports to support the clinical practices.
Participates and plays a lead role when appropriate in negotiations regarding financial relationships, consistent with the GP’s, and NCHS mission and applicable laws and regulations.
Plays a lead role in the development of multidisciplinary programs and clinical ventures with affiliated entities in collaboration with leadership and employed physicians.
Provides administrative leadership to administrative directors, practice managers, and physician leadership to promote a collaborative and productive environment that is working toward common practice and NCHS wide strategic goals.
Serves as a business liaison among departments, private physicians, leadership, and the GP. Serves as the primary representative of the GP to NCHS and other internal and external entities, agencies, and organizations.
Develop, utilize, and maintain monitoring and reporting systems to ensure physicians, providers, and staffing ratios are at best practice.
Develop and manage providers compensation database to ensure accurate calculation aligned with contracts and assist in physicians and providers compensation modeling.
Develop, utilize, and maintain monitoring and reporting systems to ensure revenue cycle activities are meeting stated goals.
Communicate issues as necessary.
Monitors, assess, and interpret all daily / weekly / monthly billing, collections, and financial reports to determine performance metrics and intervene when necessary.
Evaluates and identify leading trends and best practice for developing strategies and revenue optimization. Identifying root cause opportunities to engage key stakeholders in the Revenue Cycle and Clinical operational areas to validate root cause, craft solution, implement improvement, and monitor outcome.
Collaborate with IT, HIM, Operations, Practice Leaders, and Finance for Revenue Cycle processes and systems. Ensure consistent communication regarding the status of problems, enhancements, and development projects occur on a regular basis.
Manage the analysis and identification of opportunities to improve cash flow, net revenue, and cost containment through effective business improvement initiatives.
Strategic oversight of vendor partners to promote synergy, economy of scale, and leverage.
Ensure and monitor a continuous performance improvement cycle that leads to a positive and measurable impact on net revenue outcomes for the health system.
Reports progress, risks, and requests for escalation to leadership for Revenue Cycle and ensures continuous improvement projects and findings.
Ensure timely and accurate data reporting regarding revenue cycle activity.
Qualifications
Minimum Job Requirements
Bachelor's Degree in Business Administration, Healthcare Administration, or related field
4-7 years of p rogressively responsible direct healthcare administration experience
Experienced healthcare director in physician practice management and ambulatory clinic operations
Experience with national and local physician practice trends, policies, and issues affecting pediatric group practices and faculty practice plans
Knowledge, Skills, and Abilities
Ability to organize, direct, and coordinate staff of professional and administrative personnel.
Effective business intelligence.
Ability to work with senior executives while engendering the trust of the employed physician leaders.
Interpersonal skills necessary to establish and maintain effective working relationships with physicians and all levels of personnel, both internal and external.
Knowledge of healthcare business planning, marketing, financial management, and facilities management is essential.
Self-confident, creative, and aggressive in identifying new ways to improve the efficiency and effectiveness of group practice operations.
Ability to communicate effectively both verbally and in writing,
Sound judgment in applying and interpreting policies and procedures.
Superior analytical ability.
Vision, commitment, and fortitude to identify and bring important issues to the forefront while facilitating involvement and action from the staff, physicians, and senior leadership.
Job : Management
Management
Primary Location :
Florida-Miami-NCHS Corporate Headquarters
Department :
NCHS-NCPS FINANCE-1000-900903
Job Status
Full Time
Full-time