Assistant Vice President, Hospital FinanceWellstar Health Systems, Inc. • Augusta, Georgia, United States

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Assistant Vice President, Hospital Finance

Wellstar Health Systems, Inc.

Augusta, Georgia, United States

Augusta, Georgia, United States

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A place where you can serve with compassion, pursue excellence and honor every voice? At Wellstar, our mission is simple, yet powerful: to enhance the health and well-being of every person we serve. We are proud to have become a shining example of what's possible when the brightest professionals dedicate themselves to making a difference in the healthcare industry, and in people's lives. Work Shift The Assistant Vice President (AVP) of Finance & Hospital Operations is based in Augusta, Georiga and functions as an on-site financial resource focusing on the fiscal responsibilities of the entity including, revenue growth and bottom line performance from the Hospital perspective. Coordinates with the on-site managers and directors in budget development by functioning in a lead capacity while complimenting the WellStar System Accounting and Finance departments, as well as Service Line leaders. Responsible for reviewing monthly cost center performance against budget. Working with cost center management, provide reasonable, rational explanations for variances. Demonstrate an inquisitive nature by analyzing and investigating operational performance on a prospective, rather than reactive, basis. Assist Hospital Administration and department managers with implementing corrective actions for unapproved budget variances. Responsible for reviewing and assisting Corporate Accounting with the monthly closing of the general ledger for the entity. Other fiscal responsibilities include the analysis and creation of business plans and pro formas for initiatives and endeavors taken by the hospital/entity. Included is the follow-up and review of actual performance to implemented business plans. Capital planning and management of the budgets/plans for capital projects for the hospital/entity will be the responsibility of the AVP Finance and Operations. Provides leadership and management for operational areas as assigned/designated. Responsible for the successful growth, financial, clinical quality, engagement and customer service performance of the Departments that report to the AVP Finance & Hospital Operations (to be specified by each entity/facility which departments are included but should include no less than 2 operational departments, either direct or matrix responsibility). Maintains positive interactions with employees, medical staff, patients and public. Provide financial education programs for facility management staff to ensure understanding and compliance with WellStar's stated budget and financial goals and objectives. Assist on-site management in development of reasonable budgets both operating and capital Review and assist in development of monthly financial statements and to determine significant variances and means to correct Review monthly department budgets for expense management and opportunities for cost reductions Operations Department(s)s Oversight Oversee Hospital Outpatient Department (HOD) operations as assigned in addendum, including regulatory and compliance leadership, in partnership with System-level resources Provide feedback regarding department processes and procedures including maintaining awareness of changing regulatory and compliance requirements monitors performance to expectations Maintains expert knowledge of multiple regulatory and reimbursement structures Facility Strategic Leadership Maintains detailed knowledge of Hospital strategies and objectives; identifies opportunities for improvement and ensures Hospital initiatives are consistent with and contributing to System objectives. communicates internally as appropriate and incorporates into planning process. Actively participates with the Operations Group, and other teams that support Hospital goal achievement. Review denied claims trends for facility and work with Revenue Management to examine ways to reduce Analyze percentage variances in net-to-gross by payor. Review issues that may impact reimbursement in Managed Care contracts and Governmental Programs (Medicare, Medicaid, etc) Work with Revenue Management to ensure charge-master accuracy. Work with Revenue Management, Patient Access Services, and cost center managers/directors to ensure optimal charge capture (including accuracy of patient type). Review daily revenue trends for facility cost centers and investigate significant variances Provide financial support to the Directors responsible for Pro Formas for new programs. Support CON development by acting as a liaison to the Director of Strategic Planning. Coordinate and direct new program and business plan development in adherence to policy and procedures Follow-up on actual performance for implemented business plans/ new programs Reporting and Analysis Direct the preparation of reports and the analytics of information as requested by Senior Leadership and others including the coordination of work with Decision Support and other depts/areas as needed (for strategic initiatives, performance improvement opportunities and other needs) Lead Financial Planning performance and work teams on initiatives and enhancements to processes and projects Provide direction, training and development opportunities to team members Remain flexible with other duties as assigned Complies with all Wellstar Health System policies, standards of work, and code of conduct. Bachelors degree in Accounting, Finance or related field is required. Minimum 10 years direct finance experience is required. Minimum 5 years in healthcare field is required. Minimum 7 years of progressive finance or accounting leadership experience is required. Experience in an integrated health system preferred with acute care operations. Demonstrated impact on positive cash flow and cost reduction. regulatory, reimbursement, financial analysis and business planning skills. Insert specialize healthcare accounting principles including reimbursements, indigent coverage, managed care contracts, etc.

Augusta, Georgia, United States

Sprachkenntnisse

English

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