Business Manager, OR - Full Time - Day

Hackensack Meridian Health•Holmdel Township, NJ

About The Position

Our team members are the heart of what makes us better. At Hackensack Meridian Health we help our patients live better, healthier lives — and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. It’s also about how we support one another and how we show up for our community. Together, we keep getting better - advancing our mission to transform healthcare and serve as a leader of positive change. The Business Manager, OR is responsible for the overall business operations of the Surgical Services Departments including the Operating Room and perioperative services, SPD and the Ambulatory Care Center. Responsible for information and fiscal management including data analysis and utilization, fiscal forecasting and day to day management of business operations and scheduling. Responsible for developing and managing the budget for assigned areas, including monitoring and analyzing key financial indicators and performance metrics. This includes modifying business activities as needed in response to changing financial situations.

Requirements

Bachelor's degree.
Four (4) or more years of business management experience.
Ability to manage division budgets.
Knowledge of surgeon and/or general physician practice operations.
Excellent interpersonal, leadership, and motivational skills including group facilitation and team building skills.
Critical thinking, program development, and project management skills.
Demonstrates customer service skills.
Demonstrates emotional maturity and ability to function effectively when under stress.
Excellent written and verbal communication skills.
Proficient computer skills that include but are not limited to Microsoft Office and/or Google Suite platforms.

Nice To Haves

MBA.

Responsibilities

Reporting to the Director of Surgical Services and working closely as a member of the management team, facilitates the integration, management, and data needs for all of Perioperative Services for the hospital campus.
Takes a leadership role, working with the physicians, supervisory, and non-supervisory staff to integrate the organizational perspective in local operating areas to achieve high levels of patient, physician, and team member satisfaction.
Ensures the appropriateness of expenditures and all contract agreements. Provides on-going interpretation of financial and clinical data for service and medical staff to facilitate understanding the impact of their clinical/service practice to the financial goals of the organization.
Reports trends in data which reflect systems issues. Prepare complex independent analytical studies and projects and advise senior management regarding finances, reports and other business activities.
Develops information tracking systems, preparing and displaying data concerning operations, improvement initiatives, and system changes
Monitors divisional and departmental charge masters, billing, budget and variance reports, providing recommendations for improvement, simplification, compliance, etc
Works with coders and financial resources to ensure accurate billing, rapid turn-around, and tracking of volume, expenses and quality service delivery.
Prepares financial analyses for daily operations as well as special projects as required
Involved in the development and/or management of budget for assigned areas. Regularly monitors relevant key financial indicators and performance metrics, modifying business activities where needed in response to changing financial situations.
Responsible for overseeing the day-to-day business operations including budget, contracts, charge master, analysis for program development, reimbursement changes, and informatics support of the current electronic documentation program for the perioperative areas
Participates in preparing and evaluating current financial and inventory practices, charge audits, and statistical analysis of procedure costs and OR utilization
Manages and/or assists in the recruitment, development and supervision of team members. Creates and sustains an environment that fosters team member engagement. Establishes clear objectives tied to department and/or organizational strategic goals. Coaches, counsels and evaluates performance of direct reports.
Other duties and/or projects as assigned.
Adheres to HMH Organizational competencies and standards of behavior.