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Division VP Operational Finance-Physician Enterprise - Omaha, NE (FT) - Full-time / Part-time
•30 days ago
| Hours | Full-time, Part-time |
|---|---|
| Location | Omaha, NE Omaha, Nebraska |
About this job
CHI Health is a regional health network with a unified mission: nurturing the healing ministry of the Church while creating healthier communities. Headquartered in Omaha, the combined organization consists of 15 hospitals, two stand-alone behavioral health facilities and more than 150 employed physician practice locations in Nebraska and southwestern Iowa. More than 12,000 employees comprise the workforce of this network that includes 2,820 licensed beds and serves as the primary teaching partner of Creighton University's health sciences schools. In fiscal year 2014, the organization provided a combined $149.3 million in quantified community benefit including services for the poor, free clinics, education and research. With locations stretching from Kearney, Neb. to Missouri Valley, Iowa, the health network is the largest in Nebraska and serves residents of Nebraska and southwest Iowa. For more information, visit online at CHIhealth.com.
Job Summary:
The Division VP Finance-Physician Enterprise, CHI Health Clinic, contributes to the CHI Health vision and mission by providing guidance and direction of the accounting, finance and billing support for CHI Health Clinic and other employed physicians within the organization. Serves as a role model for ethical management behavior and promotes an awareness and understanding of positive ethical and moral principles consistent with the Mission, Vision, and Values of CHI Health.
Essential Duties:
The incumbent reports directly to the Senior Vice President & Chief Financial Officer and is responsible for a staff of approximately 86 FTE's. The incumbent works collaboratively with all members of the Accounting and Finance Management Team and all other levels of the CHI management team, as needed, to assist in the achievement of system objectives. Special focus will be added to meeting the needs of and working closely with the Chief Executive Officer, CHI Health Clinic, the CHI Health Clinic Finance Committee and CHI Health Clinic Administrators. In addition, the incumbent assists other members of the organization in all areas of accounting, financial reporting and related activities in support of the operational aspects of all strategies, initiatives and operational elements on a system-wide basis. Provides general direction, technical assistance and support to all elements of CHI Health in the planning, implementation and execution for areas of responsibility. Will work with external auditors and consultants as well as other health-related professionals.
The incumbent is responsible for planning, organizing, implementing and maintaining operational plans, systems and initiatives in the following key areas:
CHI Health Clinic- Responsible for the oversight of the financial operations of CHI Health Clinic. Provide guidance and direction in the strategic and operational decision making as it relates to the financial reporting, tax and audit, accounting functions and the integration of strategic/operational/financial planning.
Physician Compensation Plan Administration - Responsible for administration of the CHI Health Clinic physician compensation plan at the direction of the CHI Health Clinic Board of Directors. Provides guidance and direction to system leadership in plan design and modification. Responsible for all payroll functions related to employed CHI Health Clinic physicians.
Physician Billing - Responsible for the creation, implementation and maintenance of an effective centralized billing and collection system for system-wide physician revenues as they are generated. Additionally, input and impact will be through creative, fiscally prudent and appropriate counsel, advice and monitoring of all aspects of governmental, commercial insurance, managed care, and worker's compensation payors.
Collection Agencies - Coordination of a supporting cast of collection agencies and attorneys for an effective collection effort of those receivables not successfully collected through internal efforts.
General Accounting - Responsible for the developing and maintenance of an accounting system which captures all financial information in a way to facilitate and provide assistance to operational elements at all levels and parts of CHI Health Clinic.
Financial Reporting - Preparation of timely and accurate financial statements for each of the identifiable operating entities within CHI Health Clinic.
Coding and Documentation Auditing -- Responsible for the creation, implementation and maintenance of an effective coding and documentation compliance program and associated educational offerings for CHI Health Clinic providers and staff and other employed physicians as needed.
PRINCIPLE ACCOUNTABILITIES:
1. Implementation of an approach, and development of a capability, to provide consultative support in the areas of financial analysis and planning for the separate operational elements constituting CHI Health Clinic.
2. Provides advice, counsel, support and accountability of financial operations to system leadership and CHI Health Clinic physician and administrative leadership.
3. Responsible for the monthly processing of physician compensation for the clinic system,including monitoring those amounts for guarantee purposes in accordance with applicable agreements, and monitoring physician productivity.
4. Responsible for a system to coordinate financial data for physician practice acquisitions, including but not limited to setting up productivity reports, internal controls, establishing banking relationships and coordinating the conversion of accounting functions.
5. Develops, implements, communicates and maintains a set of financial benchmarks to achieve approved strategic and operational objectives for CHI Health Clinic.
6. Provides support and assistance to the efforts of the System Accounting and System Financial Services division.
7. Manages and provides leadership to all aspects of physician/clinic billing and collection activities in order to maximize cash flow in coordination with clinic personnel and processes under the direction of the Chief Executive Officer, CHI Health Clinic and the Vice President of Behavioral Services, and in accordance with the underlying physician contracts.
8. Selects and monitors the performance of all external collection agencies and attorneys for CHI Health Clinic and CHI Psychiatric Associates to maximize the return to the system and minimize the associated costs.
9. Establishes, implements, and maintains system-wide policies and procedures for the administration of bad debts and charity which meets the mission of CHI Health in coordination with financial counseling and entitlement programs at all physician and clinic sites.
Experience
A minimum of five (7) years of progressive experience within accounting and finance areas with at least three (3) years of significant experience in physician practices in larger, integrated delivery system is preferred.
Education/Licensure
* A minimum of a Master's Degree in Business, Accounting or Finance is required or a CPA degree in lieu of a Master's.
Knowledge/Skills/Abilities
Must possess a strong knowledge of Financial Management and Accounting Theory and Practice; with a thorough knowledge of applicable laws, guidelines and professional standards; a keen understanding of physician practices and other general health care operations; excellent management skills; good computer understanding and skills; excellent communication skills; strong change management skills; must demonstrate personal traits of a high-level of commitment, motivation and energy; team orientation; professionalism; trust; personal honesty and integrity; and a demonstration of placing others in a place of high value and treating them with dignity and respect.
Consistently adheres to and demonstrates our Core Values of Reverence, Integrity, Compassion and Excellence.
Catholic Health Initiatives and its organizations are Equal Opportunity Employers. CB
Job Summary:
The Division VP Finance-Physician Enterprise, CHI Health Clinic, contributes to the CHI Health vision and mission by providing guidance and direction of the accounting, finance and billing support for CHI Health Clinic and other employed physicians within the organization. Serves as a role model for ethical management behavior and promotes an awareness and understanding of positive ethical and moral principles consistent with the Mission, Vision, and Values of CHI Health.
Essential Duties:
The incumbent reports directly to the Senior Vice President & Chief Financial Officer and is responsible for a staff of approximately 86 FTE's. The incumbent works collaboratively with all members of the Accounting and Finance Management Team and all other levels of the CHI management team, as needed, to assist in the achievement of system objectives. Special focus will be added to meeting the needs of and working closely with the Chief Executive Officer, CHI Health Clinic, the CHI Health Clinic Finance Committee and CHI Health Clinic Administrators. In addition, the incumbent assists other members of the organization in all areas of accounting, financial reporting and related activities in support of the operational aspects of all strategies, initiatives and operational elements on a system-wide basis. Provides general direction, technical assistance and support to all elements of CHI Health in the planning, implementation and execution for areas of responsibility. Will work with external auditors and consultants as well as other health-related professionals.
The incumbent is responsible for planning, organizing, implementing and maintaining operational plans, systems and initiatives in the following key areas:
CHI Health Clinic- Responsible for the oversight of the financial operations of CHI Health Clinic. Provide guidance and direction in the strategic and operational decision making as it relates to the financial reporting, tax and audit, accounting functions and the integration of strategic/operational/financial planning.
Physician Compensation Plan Administration - Responsible for administration of the CHI Health Clinic physician compensation plan at the direction of the CHI Health Clinic Board of Directors. Provides guidance and direction to system leadership in plan design and modification. Responsible for all payroll functions related to employed CHI Health Clinic physicians.
Physician Billing - Responsible for the creation, implementation and maintenance of an effective centralized billing and collection system for system-wide physician revenues as they are generated. Additionally, input and impact will be through creative, fiscally prudent and appropriate counsel, advice and monitoring of all aspects of governmental, commercial insurance, managed care, and worker's compensation payors.
Collection Agencies - Coordination of a supporting cast of collection agencies and attorneys for an effective collection effort of those receivables not successfully collected through internal efforts.
General Accounting - Responsible for the developing and maintenance of an accounting system which captures all financial information in a way to facilitate and provide assistance to operational elements at all levels and parts of CHI Health Clinic.
Financial Reporting - Preparation of timely and accurate financial statements for each of the identifiable operating entities within CHI Health Clinic.
Coding and Documentation Auditing -- Responsible for the creation, implementation and maintenance of an effective coding and documentation compliance program and associated educational offerings for CHI Health Clinic providers and staff and other employed physicians as needed.
PRINCIPLE ACCOUNTABILITIES:
1. Implementation of an approach, and development of a capability, to provide consultative support in the areas of financial analysis and planning for the separate operational elements constituting CHI Health Clinic.
2. Provides advice, counsel, support and accountability of financial operations to system leadership and CHI Health Clinic physician and administrative leadership.
3. Responsible for the monthly processing of physician compensation for the clinic system,including monitoring those amounts for guarantee purposes in accordance with applicable agreements, and monitoring physician productivity.
4. Responsible for a system to coordinate financial data for physician practice acquisitions, including but not limited to setting up productivity reports, internal controls, establishing banking relationships and coordinating the conversion of accounting functions.
5. Develops, implements, communicates and maintains a set of financial benchmarks to achieve approved strategic and operational objectives for CHI Health Clinic.
6. Provides support and assistance to the efforts of the System Accounting and System Financial Services division.
7. Manages and provides leadership to all aspects of physician/clinic billing and collection activities in order to maximize cash flow in coordination with clinic personnel and processes under the direction of the Chief Executive Officer, CHI Health Clinic and the Vice President of Behavioral Services, and in accordance with the underlying physician contracts.
8. Selects and monitors the performance of all external collection agencies and attorneys for CHI Health Clinic and CHI Psychiatric Associates to maximize the return to the system and minimize the associated costs.
9. Establishes, implements, and maintains system-wide policies and procedures for the administration of bad debts and charity which meets the mission of CHI Health in coordination with financial counseling and entitlement programs at all physician and clinic sites.
Experience
A minimum of five (7) years of progressive experience within accounting and finance areas with at least three (3) years of significant experience in physician practices in larger, integrated delivery system is preferred.
Education/Licensure
* A minimum of a Master's Degree in Business, Accounting or Finance is required or a CPA degree in lieu of a Master's.
Knowledge/Skills/Abilities
Must possess a strong knowledge of Financial Management and Accounting Theory and Practice; with a thorough knowledge of applicable laws, guidelines and professional standards; a keen understanding of physician practices and other general health care operations; excellent management skills; good computer understanding and skills; excellent communication skills; strong change management skills; must demonstrate personal traits of a high-level of commitment, motivation and energy; team orientation; professionalism; trust; personal honesty and integrity; and a demonstration of placing others in a place of high value and treating them with dignity and respect.
Consistently adheres to and demonstrates our Core Values of Reverence, Integrity, Compassion and Excellence.
Catholic Health Initiatives and its organizations are Equal Opportunity Employers. CB