Senior Director, Finance Clinical Services and Carelines

University of Utah Health•Salt Lake City, UT

20d

About The Position

University of Utah Health seeks a senior finance leader to provide financial leadership for ancillary and allied services and care-line financial performance. The role owns the operating budgets and forecasts for ancillary departments, which are incorporated into hospital, facility, and entity budgets consolidated by Hospital and Ambulatory Finance. It leads care-line modeling and contribution analysis and serves as the enterprise’s lead operational user of patient-level cost data to improve financial performance. The position oversees financial planning for Pharmacy, Radiology, Lab, and Surgical/Procedural Services; leads long-range financial modeling; and works with ancillary leaders to prioritize capital needs. It also provides care-line modeling, performance reporting, contribution analysis, benchmarking, and insights for consideration in facility budgets. Care-line views inform, but do not define, the budget of record. The Senior Director operationalizes patient-level financial data to identify variation, improve margins, and guide operational decisions, partnering with the Director of Financial Modeling on user needs and data usefulness. The role also partners with the Chief Supply Chain Officer on costs, contract compliance, and standardization, and leads, develops, and evaluates ancillary finance directors. University of Utah Health is an integrated academic healthcare system with five hospitals, eleven community health centers, over 1,600 providers, and a health plan serving over 200,000 members.

Requirements

Bachelor's degree in finance, accounting, business, or a related field.
Eight or more years of healthcare finance experience, with experience in ancillary, service line, or care-line finance.
Working expertise in patient-level costing, contribution margin analysis, and benchmarking.
Knowledge of finance, financial methods, tools, and strategies employed by private and public corporations.
Ability to read, interpret, and draw accurate conclusions from financial and numerical material.
Knowledge of and ability to use processes, tools, and techniques for exploring and evaluating alternative financial scenarios and results.
Knowledge of the functions, tools, and processes needed to manage financial assets and liabilities throughout an organization.
Knowledge of the methods, processes, and tools for maintaining organizational books and preparing financial statements and reports.
Knowledge of financial and accounting applications specific to the organization.
Demonstrated leadership, human relations, and effective communication skills.
Demonstrated ability to lead finance leaders and influence clinical and operational leaders.

Nice To Haves

Master's degree.
Knowledge of pharmacy economics, including 340B, and procedural and device cost structures.
CPA or equivalent professional credential.

Responsibilities

Own the operating budget and forecast for Pharmacy, Radiology, Lab, and Surgical/Procedural Services, mapped to the hospital, facility, or entity into which each rolls.
Lead long-range financial modeling for ancillary services.
Build ancillary budgets from the volume forecast owned by Hospital and Ambulatory Finance and deliver them on the budget calendar for facility consolidation.
Work with ancillary leaders to determine and prioritize capital needs and submit them through the process owned by the Director of Capital Budgeting.
Provide pharmacy financial leadership on drug cost and pricing trends, 340B program economics, and specialty and infusion margin.
Provide Radiology and Lab financial leadership on volume, productivity, and equipment and automation investments.
Provide Surgical/Procedural financial leadership on case volume, supply and implant cost, and throughput impact on margin.
Provide financial leadership for care-lines, including financial modeling and performance reporting.
Lead contribution analysis, benchmarking, and peer comparisons.
Provide care-line insights and targets to Hospital and Ambulatory Finance for consideration in facility budgets.
Operationalize patient-level financial data to identify variation, drive margin improvement, and guide operational decisions.
Partner with the Director of Financial Modeling, who owns costing methodology and data, to define user needs and improve the usefulness of the data.
Partner with the Chief Supply Chain Officer on drug, supply, and device costs, contract compliance, and standardization, building committed savings into ancillary budgets.
Lead, develop, and evaluate the ancillary finance directors.
Partner with the Sr. Director of Hospital and Ambulatory Finance to manage the roll-up, agree on attribution of ancillary revenue and cost to facilities, and resolve conflicts.