Senior Business Director - Radiology
About The Position
The Senior Business Director provides strategic business, financial, and administrative leadership for a large, complex, multi-site pediatric radiology department. In partnership with clinical, physician, and administrative leaders, this position is responsible for financial performance and stewardship of significant operating and capital resources. The department has 14 locations, 40 cost centers, approximately 290,000 annual imaging exams, more than 400 staff, including 50 clinical faculty, and a capital portfolio of more than 140 pieces of imaging equipment. The role leads revenue cycle management, revenue and expense management, budgeting and forecasting, financial and productivity reporting, volume analysis, contracting, capital and equipment maintenance planning, and management of external accounts and partnerships. The Senior Business Director serves as a key business advisor to departmental leadership, identifying financial and operational opportunities, anticipating business needs, and supporting sustainable growth and long-term success. The position is accountable for financial administration, business operations, and human resource planning for the organization's largest and most complex divisions, or multiple divisions, in collaboration with division leadership. Responsibilities span financial management and controls, revenue cycle, clinical and research operations, staffing and retention, and faculty affairs.
Requirements
- Bachelor's degree in a related field.
- At least 7 years of work experience in a related job discipline.
- Analytical and critical-thinking skills.
- Attention to detail.
- Ability to interpret complex financial and operational data.
- Advanced financial and business acumen, including budgeting, forecasting, variance reporting, ROI, and financial modeling.
- Proficiency in Excel and experience manipulating and analyzing large data sets.
- Excellent written and verbal communication skills.
- Leadership skills and ability to influence across functions and organizational levels.
- Strong organizational and project management skills.
Nice To Haves
- Master's degree in a related field.
- Healthcare experience.
- Experience with data visualization tools.
Responsibilities
- Lead financial management, including development, implementation, evaluation, and management of annual and capital budgets.
- Establish internal cash-management controls and processes for financial controls and external audits; develop and manage accounts receivable.
- Analyze financial performance, report results to stakeholders, assess variances and their causes, and implement solutions.
- Establish and monitor productivity metrics and ensure compliance with organizational financial policies and procedures.
- Resolve highly complex business problems and collaborate with division leadership to drive business strategy.
- Manage the division's revenue cycle, optimizing revenue and ensuring accurate physician and/or hospital billing, compliant coding, charge capture, denial management, competitive pricing, program development, and monthly revenue reporting.
- Direct and coordinate daily clinical operations, business processes, patient flow, and clinical revenue cycle activities.
- Develop and implement operational policies and procedures; analyze costs and care quality, recommend operational changes, and address staffing, facility, equipment, and funding issues.
- Manage external funded projects, including grant submission procedures, sponsor compliance, award monitoring, expenditure review and forecasting, carry-forward requirements, subawards, invoicing, deliverables, and research staff and space utilization.
- Lead staffing and retention strategy, workforce and succession planning, and hiring and termination activities; provide feedback and support the development of managers and directors.
- Participate in recruiting and selecting clinicians, staff, and faculty.
- Oversee administrative academic and faculty affairs, including faculty records, accreditation data, appointments, budget allocations, and program expenses.
- Partner with leadership to support faculty conduct, performance expectations, and the development of physician and faculty leaders.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
