Assistant Vice President, Physician Services Operations

Lifepoint HealthSomerset, NJ
Onsite

About The Position

The Assistant Vice President, Physician Services Operations ensures leadership and coaching to Market Directors for effective management of day-to-day operations of employed physicians. This role advises leaders on physician needs and strategy, identifies and reports on operational challenges and opportunities, and develops operational improvement programs. The position involves conducting on-site practice visits to support strategic direction, maintaining relationships with various leadership teams, and monitoring physician practices for efficiencies and effectiveness to reduce practice investments. Key responsibilities include revenue cycle optimization, provider productivity and accessibility, monthly operating report preparation, and overseeing the on-boarding of new providers and practice start-ups. The role also monitors financial performance, leads development opportunities for Market Directors, and coordinates on priority opportunities in provider productivity optimization. Additionally, it focuses on strategic priorities, monitors key performance metrics, manages quality and reimbursement opportunities, and utilizes staffing optimization tools.

Requirements

  • Minimum Education: Bachelor’s Degree.
  • Minimum of 10 years in physician practice management or similar healthcare setting

Nice To Haves

  • Certifications: Certified Public Accountant (CPA), Certified Medical Practice Executive (CMPE) or FACMPE preferred.

Responsibilities

  • Provide leadership and coaching to Market Directors, ensuring the effective management of day-to-day operations of employed physicians.
  • Ensure standards of communication and information are met, and advise leaders on matters pertaining to physician needs and strategy.
  • Identify, communicate, and report on operational challenges and opportunities.
  • Develop operational improvement programs and conduct on-site practice visits to support the Physician Services’ strategic direction.
  • Maintain relationships with the Market Director teams, hospital leadership and HSC leadership.
  • Monitor physician practices for efficiencies and effectiveness to reduce practice investments to include, but not limited to, revenue cycle optimization, provider productivity, and provider accessibility.
  • Monthly operating report (MOR) preparation, participation and oversight.
  • Oversee and assure effective on-boarding of all new providers.
  • Monitor practice start-ups to aid in building existing practice revenue through provider accessibility, marketing, and outreach.
  • Monitor financial performance for all employed providers and practices in assigned markets and collaborate with Market Directors and other practice leaders to ensure fiscal responsibility and adherence to annual practice budgets.
  • Lead the activities and provide development opportunities to those in the Market Director through weekly development calls, identifying education and training opportunities and resources as appropriate.
  • Identify, oversee and coordinate with local physician services team on priority opportunities in provider productivity optimization.
  • Oversee impactful focus on strategic priorities.
  • Monitor key performance metrics and work with RCM optimization team to assure/oversee necessary work plans.
  • Manage quality, payment for performance, alternative payment model, and value-based reimbursement opportunities.
  • Utilize staffing optimization tool and ensure compliance with tool.
  • Regular and reliable attendance.

Benefits

  • Multiple levels of medical, dental and vision coverage for full-time and part-time employees.
  • Life, accident, critical illness, hospital indemnity insurance, short- and long-term disability, paid family leave and paid time off.
  • Higher education and certification tuition assistance, loan assistance and 401(k) retirement package and company match.
  • Mental, physical, and financial wellness programs (free gym memberships, virtual care appointments, mental health services and discount programs).
  • Ongoing learning and career advancement opportunities.
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