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Company :

Allegheny Health Network

Job Description :

GENERAL OVERVIEW:

This job contributes to the success of Allegheny Health Network's (AHN) insitutes through providing financial support to the leadership of the insitute to achieve the financial and operational objectives of the organization. This job is responsible for ensuring there is a comprehensive understanding of the institute's performance across the hospital's, physician organization, and outpatient locations. This individual collaborates with other finance and operational leaders including the hospital Chief Finance Officer's, finance shared services, and other resources to ensure shared success.

ESSENTIAL RESPONSIBILITIES

+ Review of monthly performance including the monthly Profit & Loss Statement by Institute and Program-identifying opportunities, participate in monthly operating reviews. (20%)

+ Communicate and collaborate with key stakeholders. Coordinate performance with the respective Institute to ensure alignment between system resources, the hospitals, physician organization and Institutes. (20%)

+ Support the development of an institute growth plan and medical staff plan.Facilitate business planning and analysis including new business opportunities, capital request, market share analytics and strategic planning. (20%)

+ Economic modeling of physician contract terms and proposals including compensation plans. (15%)

+ Review revenue cycle metrics and develop respective action plans for improvement with Institutes, including but not limited to; driving improvements in slot utilization, productivity and other operational efficiencies. (5%)

+ Identify improvement opportunities for operating expenses including but not limited to, labor, supply and drug utilization, and real estate. (5%)

+ Participate in evaluation and measurement of value based programs in coordination with Clinical Integrated Network and Managed Care Contracting. (5%)

+ Provide education and training to managers within the respective institute regardingfinancial processes and improvement opportunities. (5%)

+ Provide high level support and follow up for questions and ad-hoc analyses within the institute. (5%)

+ Performs other duties as assigned or required.

QUALIFICATIONS:

Minimum

+ Bachelor's Degree in Finance or business related field **OR** 6 years of related and progressive experience in lieu of Bachelor's degree

+ 7 years with Finance or Related Experience

+ 1 year in a supervisory and/or project management role

+ Requires critical thinking skills, decisive judgment and the ability to work with minimal supervision. Must be able to work in a stressful environment and take appropriate action.

+ Advanced Excel

Preferred

+ Master's Degree in Finance or business related field

+ Certified Public Accountant (CPA) **OR** Certified Management Accountant (CMA) **OR** Healthcare Financial Management Association (HFMA)

+ Understanding of key healthcare regulatory and compliance requirements

+ Benchmarking processes and sources of information.

+ Physician contracting processes, techniques and requirements.

+ Management and Financial Accounting concepts related to healthcare: gross revenue, net revenue,accrual accounting, FTE & productivity; income statement, cashflow, balance-sheet, performance reporting and professional practice revenue cycle methods. Need to be able to learn PEARs & ARTS (AS&T).

**_Disclaimer:_** _The job description has been designed to indicate the general nature and essential duties and responsibilities of work performed by employees within this job title. It may not contain a comprehensive inventory of all duties, responsibilities, and qualifications required of employees to do this job._

**_Compliance Requirement_** _: This job adheres to the ethical and legal standards and behavioral expectations as set forth in the code of business conduct and company policies._

_As a component of job responsibilities, employees may have access to covered information, cardholder data, or other confidential customer information that must be protected at all times. In connection with this, all employees must comply with both the Health Insurance Portability Accountability Act of 1996 (HIPAA) as described in the Notice of Privacy Practices and Privacy Policies and Procedures as well as all data security guidelines established within the Company’s Handbook of Privacy Policies and Practices and Information Security Policy._

_Furthermore, it is every employee’s responsibility to comply with the company’s Code of Business Conduct. This includes but is not limited to adherence to applicable federal and state laws, rules, and regulations as well as company policies and trai_

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Req ID: J264833