Service Line Business Leader - Heart & Vascular Center at AtlantiCare

Atlantic City, New Jersey, United States -

Full Time

Start Date

Immediate

Expiry Date

08 Feb, 26

Salary

0.0

Posted On

10 Nov, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Business Management, Financial Operations, Analytical Skills, Budgeting, Performance Metrics, Communication, Time Management, Microsoft Office, Healthcare Operations, Staffing, Procurement, Revenue Cycle, Charge Capture, Process Optimization, Customer Service, Teamwork

Industry

Hospitals and Health Care

Description

POSITION SUMMARY The Business Leader supports the service line in business management for all departments within their scope. This role collaborates closely with Corporate Finance to ensure alignment with financial operations, planning, and performance metrics, while simultaneously partnering with the Service Line Operational Leader to drive business performance, growth initiatives, and service line objectives. The incumbent must navigate cross-functional priorities and maintain strong communication across both reporting lines to ensure cohesive decision-making and execution. Financial Information & Reporting Partner with leadership to review operational improvement opportunities and financial performance in areas such as staffing, procurement, patient access and charge capture/ revenue cycle. Collaborate with the operational and financial leadership to develop and implement standard financial reporting and analytics. Provide analysis to leadership including business planning and modeling for department initiatives or business ventures. Development and implementation of capital and operating budgets using system wide standards and processes Partner with Department Leadership team in developing performance targets, reporting variances and creating remediation plans for items such as volumes, staffing, expenses and charging & reimbursement initiatives. Maintain accountability for financial performance at all levels of the Department. Financial Operations & Processes: Accountable for annual budget and current year projections including; department P&L, Develop in a manner to project sufficient detail at a physician level. Presents operational data, provides explanations, communicates data and leads discussion with relevant stakeholders on a routine basis. Provide analytics to the operations team to efficiently manage productivity of staff throughout the department. Develop and provide physician reporting of work RVU's for new and existing practices and clinicians. Oversee modeling, tracking, and analyzing of provider RVU's as needed. Manage and distribute Provider Scorecards routinely Optimize Processes to ensure efficiencies in charge capture, billing edits and certain areas of denials management. Ensure appropriate feedback is given to key stakeholders. Work closely with the department to prepare business plans for new business ventures, including financial accountability, resource management, costs and return on investment. Accountable to maintain a system of internal/business controls which are designed to provide reasonable assurance to leadership that the information for the department is accurate, timely and reliable This position supports organizational goals by providing quality customer service, participating in performance improvement efforts and demonstrating a commitment to teamwork and cooperation. QUALIFICATIONS EDUCATION: Bachelor's degree in business administration, Finance or related field required; Master's degree required MBA and/or MHA preferred, or working towards with completion within 1 year. LICENSE/CERTIFICATION: EXPERIENCE: 7+ years work experience within healthcare operations, with direct involvement with business or clinical operations. Strong financial and analytic skills. Proficiency in Clinical and Financial Applications preferred at time of hire; incumbents within position will be trained appropriately and then skill will be required for this position within 30-60 days from date of hire. PERFORMANCE EXPECTATIONS Demonstrates the competencies as established on the Assessment and Evaluation Tool for this position. Advanced written and verbal communication is necessary. Ability to organize and communicate information effectively with staff, peers, surgeons and senior leadership. Possess skills to multitask and prioritize work appropriately. Display ability to effectively use Microsoft Office -- Excel, Word, and PowerPoint. Must be organized and have advanced time management skills to succeed in a fast paced and ever-changing work environment. WORK ENVIRONMENT This position requires long periods of reading, hearing, sitting, standing, walking, stooping and crouching a majority of the workday. This position requires eye and hearing strain at times. Works with equipment such as computer terminal, fax machine, printer and copier. REPORTING RELATIONSHIP The Service Line Business Leader operates within a matrixed reporting structure, with dual accountability to both the Corporate Finance Office and the Business Unit Operational Leader. The above statement reflect the general details considered necessary to describe the principle functions of the job as identified and shall not be considered as a detailed description of all work requirements that may be inherent in the position. AtlantiCare offers eligible Full-time and Part-time team members the ability to participate in Medical, Dental, Vision, 401(k)/403(b), Life Insurance, Disability and other supplemental benefit programs. Qualifications QUALIFICATIONS EDUCATION: Bachelor's degree in business administration, Finance or related field required; Master's degree required MBA and/or MHA preferred, or working towards with completion within 1 year. EXPERIENCE: 7+ years work experience within healthcare operations, with direct involvement with business or clinical operations. Strong financial and analytic skills. Proficiency in Clinical and Financial Applications preferred at time of hire; incumbents within position will be trained appropriately and then skill will be required for this position within 30-60 days from date of hire.

Responsibilities

The Service Line Business Leader supports business management for all departments within the Heart & Vascular Center, collaborating with Corporate Finance and the Service Line Operational Leader to drive performance and growth initiatives. This role involves financial reporting, operational improvement, and maintaining accountability for financial performance.