Senior Director Practice Development and Chief Financial Officer TriHealth Physician Practices and Physician Compensation

TriHealth•Cincinnati, OH

13d•Onsite

About The Position

This position is aligned with system service lines to project financial investments in new and existing physician activities and requirements of hospital and ancillary based departments in current and future investments in physician total rewards, performance, capital requirements, timing, implementation and integration. This position is also responsible for effective and timely communication as it relates to the finance and physician compensation function(s) to both internal and external teams. This position administers and coordinates all TriHealth Physician Partners (TPP) budgeting assumptions, provider and physician-based facility performance, month end and year-end financial reporting, financial analysis modeling, financial planning and business planning assumptions and reporting, and all daily functions as it relates to finance procedures and operations. This includes the monitoring, reporting, and improving of all revenue, expenses, and productivity through internal and external benchmark metrics in monthly operating reviews. This position also administers, coordinates, and recommends Provider compensation development, implementation, communication, compliance, and oversight related to provider contracting, internal controls and adequately safeguarding TriHealth assets and adequate prevention for TriHealth liabilities. Under the administrative direction of the System CFO and in collaboration with the President TriHealth Physician Practices, and in daily team collaboration and communication with the (TPP) physicians and advanced practice practitioners (Providers) and administrative teams, this position also works significantly with System Legal, System Finance and System Operations to align and deliver the mission and vision of TriHealth. This position also collaborates closely with System Human Resources, System Revenue Cycle, System Supply Chain, System Information Technology, and all system wide departments and resources to integrate, improve, refine and deliver world class Providers and Provider performance.

Requirements

Bachelor's Degree in Business; Business Administration, Finance, or related field
7-10 years’ experience in Management in a related field

Nice To Haves

CPA - Certified Public Accountant- Preferred

Responsibilities

Engineers unification of the physician and advanced practice clinicians compensation and benefits platform through a committee-led, data and parameter driven methodology that enables market competitiveness, ensures the recruitment and retention of Provider and TPP team members.
Leads the development and maintenance of the physician contract function and system with a standard approach to contracting in collaboration with System Finance, System Legal and System Service Lines.
Integrates in the system finance department through shared projects, collaborations and subject matter experts to maintain one TriHealth finance division with increased competencies in physician and hospital/ancillary operations.
Drives to optimize revenue through all avenues including support of managed care negotiations, estimates and allowable, cash collection, and works in partnership with MCO, TPHO, Population health, SBO executives. Work collaboratively with VP – Revenue Cycle and VP – Finance.
Responsible for collaborating with staff to develop job performance standards which contribute to departmental and organizational success; recruiting and selecting staff based on position requirements and competencies.
Works with System Budget Lead and Collaborates with director/manager of Physician Finance and has joint responsibility for establishing operating budget for area of responsibility including physician wage and salary, all expenses, volume and revenue projections, FTE, capital, and budget assumptions.
Focus and energize a group, be adaptable/flexible, look from another point of view, support change.
Oversees standard monthly statistical and financial reporting especially related to provider side data that is accessible on line and distributed to individual physicians and TPP Leadership. Benchmarks physician productivity to budget, internal and external benchmarks. This includes the monitoring, reporting, and improving of all revenue, expenses, and productivity through internal and benchmark metrics in monthly operating reviews.