Institute Finance Director

Highmark Health•Pittsburgh, PA

About The Position

This leadership role supports and enables the financial success of multiple Allegheny Health Network institutes. The director leads a finance unit and partners with AHN finance departments, institute and physician leaders, hospital-related teams, and AHN leadership. The role guides the unit’s development, aligns its work with cross-functional teams, and conducts strategic evaluations to support the financial viability of new programs, physician hires, and market expansion initiatives. The director oversees financial reporting, budgeting, strategic and operational planning, physician contracting support, and business-case development. The position also works with revenue cycle and workforce management partners to review performance, identify improvement opportunities, and support professional development within the unit. The role includes department management responsibilities and requires compliance with company policies, applicable laws, HIPAA, and information-security requirements.

Requirements

Bachelor’s degree in Finance or a business-related field, or relevant experience and/or education as determined by the company in lieu of a bachelor’s degree.
7 years of experience in Finance or a related area.
5 years of experience in a management or leadership role.
Advanced Excel skills.
Critical-thinking skills, decisive judgment, and ability to work with minimal supervision in a stressful environment and take appropriate action.
Understanding of key healthcare regulatory and compliance requirements.
Knowledge of benchmarking processes and information sources.
Knowledge of physician contracting processes, techniques, and requirements.
Knowledge of healthcare management and financial accounting concepts, including gross and net revenue, accrual accounting, FTE and productivity, income statements, cash flow, balance sheets, performance reporting, and professional-practice revenue-cycle methods.
Ability to learn PEARs and ARTS (AS&T).
Comply with the company’s Code of Business Conduct, policies, applicable laws and regulations, HIPAA privacy requirements, and information-security requirements.

Nice To Haves

Master’s degree in Finance or a business-related field.
Certified Public Accountant (CPA), Certified Management Accountant (CMA), or Healthcare Financial Management Association (HFMA) credential.

Responsibilities

Make hiring and termination decisions; coach and develop staff; manage rewards and recognition, performance, and productivity.
Plan, organize, staff, direct, and control department operations; develop and implement policies and programs; and exercise budgetary responsibility and authority as applicable.
Oversee comprehensive performance reporting for leadership, including weekly and monthly service-line profit-and-loss updates, monthly operating reviews, and ad hoc analyses.
Communicate findings and recommendations to stakeholders and coordinate and allocate resources with institutes to align hospitals, the physician organization, and corporate departments.
Support operating and capital budget development and institute growth and strategic plans, including institute labor management with AHN’s workforce management team.
Facilitate financial reviews of new business opportunities, capital requests, market-share analytics, and strategic plans.
Conduct strategic evaluations, including real estate reviews, managed-care contracting opportunities, operating expense reductions, and value-based programming, in coordination with analytics partners.
Support physician contracting through economic modeling, contract proposals, annual compensation program reviews, and compensation redesign efforts.
Develop business cases and strategic proposals for new programs, physician hires, market expansion, and capital investments.
Maintain an interaction model with the revenue cycle team; review key metrics and develop institute action plans, including improvements in slot utilization, productivity, and operational efficiency.
Lead the unit’s education and professional development efforts.
Perform other duties as assigned or requested.