Description
JOB SUMMARY: Provides leadership in developing, analyzing, and conducting complex financial analyses to assess the viability of strategic and financial plans or support the institution's opinion on compliance matters. Maintains the established goals of the organization with an emphasis on the independent analysis and reporting of financial information. Mentors and coaches staff.
Department/Unit Summary:
Vanderbilt's Section of Surgical Sciences combines many of our surgical departments at Vanderbilt into one framework with the commitment to providing the best in patient care. Our specialty teams of surgeons and researchers work closely with one another to discover and reveal the latest medical and surgical innovations, while teaching our residents the many facets of surgery. This collaboration of disciplines allows us to provide an array of conventional and unique surgical services to the entire mid-south region resulting in outstanding patient outcomes.
Position Shift:
Day Shift/ Exempt Position
Click here to view how Vanderbilt Health employees celebrate the difference they make every day:
Celebrate 2019
Discover Vanderbilt University Medical Center:
Located in Nashville, Tennessee, and operating at a global crossroads of teaching, discovery and patient care, VUMC is a community of individuals who come to work each day with the simple aim of changing the world. It is a place where your expertise will be valued, your knowledge expanded and your abilities challenged. It is a place where your diversity -- of culture, thinking, learning and leading -- is sought and celebrated. It is a place where employees know they are part of something that is bigger than themselves, take exceptional pride in their work and never settle for what was good enough yesterday. Vanderbilt's mission is to advance health and wellness through preeminent programs in patient care, education, and research.
VUMC Recent Accomplishments
Because we are committed to providing the best in patient care, education and research, we are proud of our recent accomplishments:
* US News & World Report: #1 Adult Hospital in Tennessee and metropolitan Nashville, named to the Best Hospitals Honor Roll of the top 20 adult hospitals, 10 nationally ranked adult specialty programs, with 3 specialties rated in the top 10 nationally, Monroe Carell Jr. Children's Hospital at Vanderbilt named as one of the Best Children's Hospital in the nation, with 10 out of 10 pediatric specialties nationally ranked.
* Healthcare's Most Wired: Among the nation's 100 "most-wired" hospitals and health systems for its efforts in innovative medical technology.
* Becker's Hospital Review: named as one of the "100 Great Hospitals in America", in the roster of 100 Hospitals and Health Systems with Great Oncology Programs and to its list of the 100 Hospitals with Great Heart Programs.
* The Leapfrog Group: One of only 10 children's hospitals in the to be named at Leapfrog Top Hospital.
* American Association for the Advancement of Science: The School of Medicine has 112 elected fellows
* Magnet Recognition Program: Received our third consecutive Magnet designations.
* National Academy of Medicine: 22 members, elected by their peers in recognition of outstanding achievement
* Human Rights Campaign Healthcare Equality Index: 6 th year in a row that Vanderbilt University Medical Center was a Leader in LGBTQ Healthcare Equality.
Additional Key Elements/ Responsibilities:
KEY RESPONSIBILITIES:
- Independently monitors performance of operations and financial reporting. Evaluates programs or reimbursement through the use, development, and modification of financial reports and/or models. Designs and implements strategies to generate compliant and accurate payment.
- Leads operating and capital budget development efforts. Manages the annual operating and capital budget processes.
- Provides advice and direction in the development of business plans, regulatory changes, and compliance matters.
- Provides leadership in developing processes for enhancing quality, reimbursement, customer satisfaction, and financial performance goals.
- Participates in process improvement reviews of a variety of financial systems.
- Analyzes and reports on the effects of proposed federal and state statutes and regulatory actions which may impact financial planning.
- Analyzes future trends and indicators in related areas of interest. Reviews data to analyze trends affecting budget needs or compliance risks.
- The responsibilities listed are a general overview of the position and additional duties may be assigned.
- Collaborates with Section leadership to support the management of budgets, resource allocation, and financial plans, for the Section of Surgical Sciences
- Assist in developing business plans and scenario modeling to understand the financial impact of decisions and various strategies.
- Develop proformas with Section leadership to evaluate new programs or other strategic investments for (e.g. expansion analysis, new clinic programs, ancillary service offerings) in an efficient manner.
- Oversee the preparation of the annual operating budget for Section. Requires evaluation of budget to ensure related volume data is consistent across business unit. Coordinate budget presentations by leadership, maintaining documentation for decisions and performing necessary follow-up.
- Facilitate reconciliation of actual performance to budget expectations and reporting significant variances from budget. Work with Section and Finance leaders to analyze performance to budget and make recommendations to improve financial performance.
- Prepare and deliver financial reports to executive management regarding Section operations, budgets and strategic planning efforts.
- Position requires analyzing unit operations to determine quality and value added opportunities (review of revenue cycle, cost accounting information, training, monthly slides, margin analysis) along with review of the programs/service lines in terms of efficiency or productivity.
- Oversee capital submissions, tracking and reporting process for the Section and related areas.
- Other duties as assigned.
CORE ACCOUNTABILITIES:
- Organizational Impact: Delivers projects/assignments that have a direct impact on goals/objectives of the unit/department that the job is in.
- Problem Solving/ Complexity of work: Conducts extensive analysis of situations or data to resolve numerous, complex issues; may involve the input/work of others.
- Breadth of Knowledge: Has in-depth level of knowledge within a professional area and working knowledge of other areas.
- Team Interaction: May lead mid-sized projects; coaches and guides team members.
Position Qualifications:
* Bachelors Degree (or equivalent experience) and 5 years experience required.
**( MBA preferred,CPA preferred,7-10 years of experience strongly preferred, Medical group practice experience preferred, Prior Healthcare experience preferred)**
*CA
*IND000
*NHCN
