Executive Director of Finance GBMC Health Partners

Education:

• Master's Degree in Accounting, Finance, Business Administration, Public Health, or another closely related field

Experience:

• Minimum of ten (10) years of professional-level administration and/or operations experience, including at least five (5) years of fiscal responsibilities, or five (5) years of broad and diversified professional-level management experience that included fiscal management responsibilities within a complex health care system, center, or Physician enterprise.

Skills:

• As the Senior Finance Executive for Health Partners, the Executive Director of Finance will hold a highly visible role and be included in strategic decisions for the Physician Enterprise of GBMC Healthcare
• Key priorities include overseeing the financial operations for Health Partners' Physician practices with a focus on optimizing efficiency, access, throughput, and Provider productivity that's highly aligned with best practice and industry benchmarks
• Serves as Finance lead for the development of Health Partners' operating and capital budget, long-range strategic plan, and in the development of actionable executive-level analysis and reporting
• Strong written, communication, and presentation skills
• Strong financial expertise
• Strategic mindset
• Passion for continuous learning
• Proficiency with EPIC and Strata Decision Technology platforms preferred

Principal Duties and Responsibilities

• Directs daily financial operations for GBMC Health Partners and implements financial policies, best practices, internal controls, accounting processes, and cost controls.
• Develops and executes financial strategies aligned with GBMC Healthcare's mission, growth goals, and Physician enterprise priorities
• Monitors and improves financial performance through ongoing productivity analysis, cost containment, and benchmarking of Physicians and Staff.
• Participates in strategic and operational planning as a member of the GBMC Health Partners senior management team.
• Leads the development of operating and capital budgets for the GBMC Health Partners, ensuring alignment with system-wide financial targets.
• Designs and manages providers' compensation models that support value-based care, access, and productivity goals
• Advises, counsels, and educates Executives, Physicians, and Management on the financial impact of their decisions through analysis and data-driven persuasiveness
• Meets with Providers as needed to educate, clarify, and explain financial concerns that may impact them.
• Builds strong relationships with Physician leaders, System Executives, and external partners to align financial goals, strategy, and drive collaboration.
• Collaborates with revenue cycle leaders to improve collections, payer enrollments, credentialing, and billing efficiency to the highest possible levels of performance.
• Identify and implement operational improvements, including labor and FTE optimization, to close financial gaps.
• Analyze the fiscal implications of outside practices joining GBMC Health Partners.
• Coordinates with the Managed Care Office to help negotiate and analyze third-party fee schedules.
• Oversees all aspects of Provider compensation modeling, benchmarking, plan development, plan administration, and processes for current and future employment contracts.
• Ensures accurate financial reporting, internal controls, and compliance with regulatory and audit requirements in accordance with generally accepted accounting principles (GAAP).
• Plans, coordinates, and prepares for the year-end audit and tax and/or regulatory filings. Ensures regulatory filings, including Medicare cost reports, are completed accurately and on time.
• Serves as a liaison between the managers and the Departments of Finance, Human Resources, and other hospital departments to facilitate problem solving and identify areas for efficiency and/or /process improvements.
• Prepares financial analysis, cost analysis and accounting support, including the preparation of financial statements and projects. Coordinates financial reporting required with GBMC Healthcare. Compiles, maintains, and analyzes statistical, volume, referral, leakage, practice economics, market information, and benchmarks.
• Provides support to GBMC Healthcare General Accounting, Budget & Finance, as it relates to GBMC Health Partners.
• Special projects on an ad-hoc basis for various financial analyses as requested.

All roles must demonstrate GBMC Values:

Respect

I will treat everyone with courtesy. I will foster a healing environment.

• Treats others with fairness, kindness, and respect for personal dignity and privacy

• Listens and responds appropriately to others' needs, feelings, and capabilities

Excellence

I will strive for superior performance in every aspect of my work. I will recognize and celebrate the accomplishments of others.

• Meets and/or exceeds customer expectations
• Actively pursues learning and self-development
• Pays attention to detail; follows through

Accountability

I will be professional in the way I act, look and speak. I will take ownership to solve problems.

• Sets a positive, professional example for others
• Takes ownership of problems and does what is needed to solve them
• Appropriately plans and utilizes required resources for various job duties
• Reports to work regularly and on time

Teamwork

I will be engaged and collaborative. I will keep people informed.

• Works cooperatively and collaboratively with others for the success of the team
• Addresses and resolves conflict in a positive way
• Seeks out the ideas of others to reach the best solutions
• Acknowledges and celebrates the contribution of others

Ethical Behavior

I will always act with honesty and integrity. I will protect the patient.

• Demonstrates honesty, integrity and good judgment
• Respects the cultural, psychosocial, and spiritual needs of patients/families/coworkers

Results

I will set goals and measure outcomes that support organizational goals. I will give and accept help to achieve goals.

• Embraces change and improvement in the work environment
• Continuously seeks to improve the quality of products/services
• Displays flexibility in dealing with new situations or obstacles
• Achieves results on time by focusing on priorities and manages time efficiently

Pay Range

Final salary offer will be based on the candidate's qualifications, education, experience and alignment with our organizational needs.

Equal Employment Opportunity

GBMC HealthCare and its affiliates are Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, mental or physical disability, genetic information, veteran status, or any other status protected by federal, state, or local law.