Job Description

Senior Director Practice Development and Chief Financial Officer TriHealth Physician Practices and Physician Compensation

Requisition ID: 310377
Location: Baldwin Corporate Office - 625 Eden Park Drive, Cincinnati, OH 45202
Job Type: Full -Time Days

Qualifications

Required

Bachelor's Degree in Business; Business Administration, Finance, or related field

7-10 years' experience in Management in a related field

CPA - Certified Public Accountant- Preferred

Schedule & Work Location

• FTE: Full-Time - 40 Hours Weekly
• Shift: Days
• Location:Baldwin Corporate Office
• In Office role

Benefits Snapshot

TriHealth offers a comprehensive benefits suite including medical, dental, vision, retirement contributions, paid time off, tuition assistance, and wellness resources.
Learn more: https://careers.trihealth.com/what-we-offer/benefits

Job Overview:

This position administers and coordinates all TriHealth Physician Partners (TPP) budgeting assumptions, provider and physician-based facility performance, month end and year-end financial reporting, financial analysis modeling, financial planning and business planning assumptions and reporting, and all daily functions as it relates to finance procedures and operations. This includes the monitoring, reporting, and improving of all revenue, expenses, and productivity through internal and external benchmark metrics in monthly operating reviews. This position also administers, coordinates, and recommends Provider compensation development, implementation, communication, compliance, and oversight related to provider contracting, internal controls and adequately safeguarding TriHealth assets and adequate prevention for TriHealth liabilities.

Under the administrative direction of the System CFO and in collaboration with the President TriHealth Physician Practices, and in daily team collaboration and communication with the (TPP) physicians and advanced practice practitioners (Providers) and administrative teams, this position also works significantly with System Legal, System Finance and System Operations to align and deliver the mission and vision of TriHealth. This position also collaborates closely with System Human Resources, System Revenue Cycle, System Supply Chain, System Information Technology, and all system wide departments and resources to integrate, improve, refine and deliver world class Providers and Provider performance.

This position is aligned with system service lines to project financial investments in new and existing physician activities and requirements of hospital and ancillary based departments in current and future investments in physician total rewards, performance, capital requirements, timing, implementation and integration. This position is also responsible for effective and timely communication as it relates to the finance and physician compensation function(s) to both internal and external teams.

Job Requirements:

Bachelor's Degree in Business; Business Administration, Finance, or related field

7-10 years' experience in Management in a related field

CPA - Certified Public Accountant- Preferred

Job Responsibilities:

Total Rewards: Engineers unification of the physician and advanced practice clinicians compensation and benefits platform through a committee-led, data and parameter driven methodology that enables market competitiveness, ensures the recruitment and retention of Provider and TPP team members.

Physician Contract Management: Leads the development and maintenance of the physician contract function and system with a standard approach to contracting in collaboration with System Finance, System Legal and System Service Lines.

System Goals: Integrates in the system finance department through shared projects, collaborations and subject matter experts to maintain one TriHealth finance division with increased competencies in physician and hospital/ancillary operations.

Revenue Sources: Drives to optimize revenue through all avenues including support of managed care negotiations, estimates and allowable, cash collection, and works in partnership with MCO, TPHO, Population health, SBO executives. Work collaboratively with VP - Revenue Cycle and VP - Finance.

Team Building and Staff Development: Responsible for collaborating with staff to develop job performance standards which contribute to departmental and organizational success; recruiting and selecting staff based on position requirements and competencies.

Budget/Financial Accountability: Works with System Budget Lead and Collaborates with director/manager of Physician Finance and has joint responsibility for establishing operating budget for area of responsibility including physician wage and salary, all expenses, volume and revenue projections, FTE, capital, and budget assumptions.

Change Leadership: Focus and energize a group, be adaptable/flexible, look from another point of view, support change.

Financial Analysis/Metrics: Oversees standard monthly statistical and financial reporting especially related to provider side data that is accessible on line and distributed to individual physicians and TPP Leadership. Benchmarks physician productivity to budget, internal and external benchmarks. This includes the monitoring, reporting, and improving of all revenue, expenses, and productivity through internal and benchmark metrics in monthly operating reviews.

Other job-related information:

Direct Report FTEs = 3-9

Indirect Report FTEs = 10-19

Working Conditions:
Bending - Occasionally

Climbing - Rarely

Concentrating - Consistently

Continuous Learning - Consistently

Hearing: Conversation - Consistently

Hearing: Other Sounds - Occasionally

Interpersonal Communication - Consistently

Kneeling - Rarely

Lifting
Lifting 50+ Lbs. - Rarely

Lifting
Pulling - Rarely

Pushing - Rarely

Reaching - Consistently

Reading - Consistently

Sitting - Frequently

Standing - Frequently

Stooping - Rarely

Talking - Frequently

Thinking/Reasoning - Consistently

Use of Hands - Consistently

Color Vision - Frequently

Visual Acuity: Far - Occasionally

Visual Acuity: Near - Frequently

Walking - Frequently

Leadership Performance Standards

TriHealth leaders create a culture of engagement, safety & reliability and high performance by consistently modeling and utilizing the following TriHealth Way leadership competencies, tactics and ALWAYS Behaviors to drive strategic pillar results:

Achievement of Annual Pillar Goals:

1) Safety/Quality, 2) Service, 3) Growth, 4) Culture/People, 5) Finance

Leadership Competencies:

TriHealth Way of Leading

TriHealth Way of Serving

Transformation Change

Drive for Results

Build Organizational Talent

Leadership Tactics:

Conduct department huddles. Generally, clinical departments hold daily huddles, non-clinical hold weekly huddles.

Regularly Round on Team Members, using questions from the rounding log.

- 25 or fewer team members = monthly

- 26-50 team members = every other month

- 51+ (and optional team members) = quarterly

Lead monthly team meetings using meeting agenda template; review stoplight report; cascade key leadership messages.

Model, coach and validate team members' use of TriHealth Way behaviors (AIDET + Promise, Always Behaviors and Always HEARD).

Recognize team members for safety wins, positive performance and demonstrating SERVE and ALWAYS behaviors, TriHealth Way of Leading, Serving and Delivering Care.

Keywords

CFO, Management, TriHealth, Senior Director