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Director of Business Operations, Solid Organ Transplant
Stanford Health CarePalo Alto, United Statesfull_timeVerifiedPosted 30 Jan 2025
💰 $228,000/yr($172,000/yr – $228,000/yr)
About the role
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Day - 08 Hour (United States of America)Stanford Health Care is home to one of the largest and most successful transplant programs in the nation performing 450-500 heart, lung, liver, kidney, and pancreas transplants each year. We are renowned for our outstanding outcomes, clinical excellence, cutting edge research, and patient centric approach to care delivery. The Director of Business Operations is an integral member of the leadership team who are all passionate about transforming the lives of our patients through organ transplantation.This is a Stanford Health Care job.
A Brief Overview
The Director - Business Operations, Solid Organ Transplant is responsible for directing, leading, and executing the financial strategy set forth by the executive leadership. This position will collaborate closely with the Vice President, Solid Organ Transplant to recognize financial opportunities and serve as a strategic thought partner to the transplant leadership both SHC and SOM. Additional responsibilities will include financial management, budgeting, contract management, human resource planning, purchasing, workflows, process management, management of department-wide projects, and leadership and oversight for the team of transplant financial and charge coordinators. This individual will serve as the content matter expert in transplant related Medicare cost report reimbursement. This role involves close collaboration with the Managed Care Department related to transplant contracting and financial authorization for transplant services. The position has significant strategic finance and operational aspects to it. This leader will represent the Solid Organ Transplant DSL in cross-functional interactions related to strategy, business development, productivity metrics, and performance improvement objectives. In collaboration with Finance and Decision Support, the Director, Business Operations, Solid Organ Transplant is responsible for formulating and managing capital and operating budget consolidation, financial reporting, forecasting, business plans, and implementation of financial and operational controls. The incumbent is a senior member of the leadership team and will be required to provide strategic insights in addition to the operational responsibilities.
Locations
Stanford Health Care
What you will do
- Establishes financial, business and operating structures for the Solid Organ Transplant business unit to align with the organization’s goals. Provides the direction, method, tools and training to record, measure and track the financial and operating performance of the organization.
- Working in unison with Finance, creates, communicates, and implements the annual budgeting process. Educates (trains) clinical leaders about the process and ensures the process is executed within the parameters defined. Provides on-going oversight of the operations within the final budget.
- Establishes structures to monitor variances and track financial trends including revenue and labor expenses. Provides ad hoc reporting for senior management related to volume, cost, performance and profitability. Initiates operational controls/procedures to ensure tracking, collecting & recovering revenue are in place.
- Supervises the development and production of standard reports that provide senior management with information on financial results and trends by department and segments. Provides impact and feasibility analysis for business planning and program initiatives.
- Provides strategic input to space plan governance document and manages the complete inventory of existing space and space assignment.
- Facilitates cooperation with other entity/department leadership to achieve standardize, integrated and/or consolidated financial planning, budgeting, patient accounting, budget management, patient accounting and contracting.
- Recommends improvements in systems and processes that enhance efficiency and reduce cost within the business unit and throughout the organization. Provides direction and support for cost reduction activities working closely with nurses, physicians, patient care and technical staff.
- Performs other duties as assigned.
Education Qualifications
- Bachelor’s degree in business administration, management, healthcare administration, finance or a related field from an accredited college or university (Master’s degree preferred)
Experience Qualifications
- Eight (8) or more years of financial management experience, preferably in a hospital or healthcare system
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