Director, Laboratory Business Operations

Atlantic Health System • Morristown, NJ

75d • $139,308 - $245,193

About The Position

The position involves leading and developing a high-performing team of financial and operational leaders supporting Laboratory Services. The role includes overseeing financial planning, budgeting, and forecasting processes, providing detailed financial analysis to support strategic decision-making, and ensuring accuracy and timeliness in financial reporting. The candidate will audit and monitor billing processes, collaborate with various teams to resolve payment issues, and maintain the laboratory chargemaster. Additionally, the role requires identifying process improvements, ensuring compliance with regulations, and serving as a strategic advisor to Laboratory leadership on financial matters.

Responsibilities

• Lead and develop a high-performing team of financial and operational leaders supporting Laboratory Services.
• Lead financial planning, budgeting, and forecasting processes for Laboratory Services.
• Provide detailed financial analysis to support strategic decision-making and operational performance.
• Oversee monthly, quarterly, and annual financial reporting, ensuring accuracy and timeliness.
• Audit and monitor billing processes to ensure completeness, accuracy, and timely reimbursement.
• Collaborate with Hospital Billing, Outreach Billing, and Managed Care teams to resolve payment issues and optimize revenue cycle performance.
• Partner with Finance Leaders within Atlantic Health to align laboratory financial goals with broader organizational objectives.
• Maintain and optimize the laboratory chargemaster in coordination with relevant departments.
• Identify and implement process improvements to enhance financial operations and cost efficiency.
• Ensure compliance with internal policies and external regulations related to billing and financial reporting.
• Serve as a strategic advisor to Laboratory leadership on financial matters and business operations.

Benefits

• Medical, Dental, Vision, Prescription Coverage (22.5 hours per week or above for full-time and part-time team members)
• Life & AD&D Insurance.
• Short-Term and Long-Term Disability (with options to supplement)
• 403(b) Retirement Plan: Employer match, additional non-elective contribution
• PTO & Paid Sick Leave
• Tuition Assistance, Advancement & Academic Advising
• Parental, Adoption, Surrogacy Leave
• Backup and On-Site Childcare
• Well-Being Rewards
• Employee Assistance Program (EAP)
• Fertility Benefits, Healthy Pregnancy Program
• Flexible Spending & Commuter Accounts
• Pet, Home & Auto, Identity Theft and Legal Insurance

What This Job Offers

• Job Type: Full-time
• Industry: Hospitals
• Number of Employees: 5,001-10,000 employees