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VP of Finance Operations and Analytics

UC Health

UC Health

Accounting & Finance, Operations, Data Science
Cincinnati, OH, USA
Posted on Oct 21, 2024

Job Description

UC Health is hiring a VP of Finance Operations and Ambulatory Services.

The Vice President of Finance Operations & Analytics reports directly to the Chief Financial Officer and plays a crucial role in promoting the financial sustainability of our healthcare organization. This senior leadership position will be responsible for advanced financial analytics, overseeing service line performance, and ensuring the financial integrity of new and expanded services. The ideal candidate will possess a strong background in healthcare financial analytics and clinical operations and will work closely with various stakeholders to enhance profitability and drive value-based care initiatives.

About UC Health

UC Health is an integrated academic health system serving Greater Cincinnati and Northern Kentucky. In partnership with the University of Cincinnati, UC Health combines clinical expertise and compassion with research and teaching—a combination that provides patients with options for even the most complex situations. Members of UC Health include: UC Medical Center, West Chester Hospital, Daniel Drake Center for Post-Acute Care, Bridgeway Pointe Assisted Living, University of Cincinnati Physicians and UC Health Ambulatory Services (with more than 900 board-certified clinicians and surgeons), Lindner Center of HOPE and several specialized institutes including: UC Gardner Neuroscience Institute and the University of Cincinnati Cancer Center. Many UC Health locations have received national recognition for outstanding quality and patient satisfaction. Learn more at uchealth.com.

Responsibilities

Advanced Financial and Profitability Analytics:

  • Develops and implements comprehensive financial models to analyze profitability across various service lines.
  • Utilizes advanced data analytics tools to support decision-making and strategic planning.

Service Line Performance and Oversight:

  • Monitors and evaluates financial performance of service lines, identifying areas for improvement and optimization.
  • Collaborates with clinical and operational leaders to enhance service line profitability.

Pro-formas for New/Expanded Services:

  • Prepares detailed financial projections and pro-formas for potential new services or expansions.
  • Assesses market trends and financial implications to provide strategic recommendations.

Finance Operations:

  • Oversees all finance operational functions, ensuring accuracy and compliance with accounting standards and regulations.
  • Leads efforts in optimizing financial processes and systems for increased efficiency.

Cost Accounting and Cost per Case Analysis:

  • Develops and maintains comprehensive cost accounting systems to monitor cost per case across various departments.
  • Provides insights and recommendations for cost containment and efficiency improvements.

Liaison with EDBAs:

  • Serves as the primary liaison with Executive Directors of Business Administration (EDBAs) to align financial strategies with business objectives.

Value-Based Care & Quality Initiatives:

  • Collaborates with clinical leadership to integrate financial strategies with value-based care and quality improvement initiatives.
  • Monitors performance metrics and financial outcomes related to value-based programs.

Medicare Cost Report Preparation and Filing:

  • Prepares and ensures timely filing of Medicare cost reports in compliance with federal regulations.

Medicare/Medicaid Enrollments

  • Ensures complete and accurate governmental enrollments and PECOS filings

Qualifications

EDUCATION:

  • Minimum Required: Bachelor's Degree in Finance or related field

YEARS OF EXPERIENCE:

  • Minimum Required: 6 - 10 years of equivalent experience

Join our team to BE UC Health. Be Extraordinary. Be Supported. Be Hope. Apply Today!

At UC Health, we're proud to have the best and brightest teams and clinicians collaborating toward our common purpose: to advance healing and reduce suffering.
As the region's adult academic health system, we strive for innovation and provide world-class care for not only our community, but patients from all over the world. Join our team and you'll be able to develop your skills, grow your career, build relationships with your peers and patients, and help us be a source of hope for our friends and neighbors. UC Health is committed to providing an inclusive, equitable, and diverse place of employment.

Job Info

  • Job Identification 16045
  • Job Category Executive
  • Posting Date 10/21/2024, 09:27 AM
  • Locations 3200 Burnet Ave, Cincinnati, OH, 45229, US
  • Employer UC Health, LLC
  • Remote/Hybrid/Onsite Hybrid Location
  • On Call Required? No
  • Shift First Shift
  • Standard Working Hours 40
  • Working Hours 40
  • FTE 1.0