Perioperative Director of Clinical Business Services Le Bonheur

If you are looking to make an impact on a meaningful scale, come join us as we embrace the Power of One!
 

We strive to be an employer of choice and establish a reputation for being a talent rich organization where Associates can grow their career caring for others. For over a century, we’ve served the health care needs of the people of Memphis and the Mid-South.
 

Leads and oversees the business management for key clinical service areas at the facility. Works closely with clinical leaders to develop, coordinate and integrate cost management programs into daily operations and planning. Develops financial analyses to identify opportunities for lowering costs, standardizing products, improving utilization, and managing high volume/high dollar inventory. Responsible for charge capture, inventory management and control for assigned clinical functions. Models appropriate behavior as exemplified in MLH Mission, Vision and Values.

 

Working at MLH means carrying the mission forward of caring for our community and impacting the lives of patients in every way through compassion, a deliberate focus on service expectations and a consistent thriving for excellence.

A Brief Overview
Leads and oversees the business management for key clinical service areas at the facility. Works closely with clinical leaders to develop, coordinate and integrate cost management programs into daily operations and planning. Develops financial analyses to identify opportunities for lowering costs, standardizing products, improving utilization, and managing high volume/high dollar inventory. Responsible for charge capture, inventory management and control for assigned clinical functions. Models appropriate behavior as exemplified in MLH Mission, Vision and Values.

What you will do

• FINANCIAL MANAGEMENT: • Responsible for preparing and reviewing various financial models, cost projections, and ad-hoc projects and analyses for key clinical services. Supports the development of department budgets including volume and case mix projections, labor and expense projections, and fiscal targets for the clinical service areas assigned. • Provides input to the short and long term strategic financial outlook by using analytics, tools, and processes. Supports research and analysis in cost accounting, productivity, and management reporting. • Researches and incorporates best practice methodology and comparative benchmarking to drive change and support initiatives for lowering costs and optimizing efficiency. Ensures consistent and effective utilization of analytic and financial management skills to continually monitor performance. • Facilitates cost reduction projects and provides recommendations to clinical department leadership to gain the support needed to get desired outcomes. • Monitors and evaluates performance indicators including: volume, revenue, expenses, activity statistics, efficiency outcomes, financial performance and resource utilization. Identifies areas for operational improvement and implements action plans. • Retrieves data from multiple clinical business systems to report on findings, trends, and key indicators. Formulates conclusions based on data analysis. Utilize cost per case by service and utilization data as a measure of opportunity for cost reductions; presents to management for review and exploration. • Monitor and track physician’s preference products cost savings on monthly basis to ensure a positive financial position. Works closely with vendors on physician’s product preferences and pricing protection to secure a positive financial position. • Serves as a resource and/or consultant to both management and physicians to promote an understanding of services provided from a business perspective. Determines appropriate measures and analysis for the problem/issue. Collaborates with physicians to show cost per case or procedure, resource utilization, and variance in utilization patterns by physician.
• BILLING FUNCTIONS: • Manages the clinical billing functions for assigned clinical areas. • Provides day-to-day monitoring of charge capture for department services; routinely reviews and reports results as measured against targets. • Responsible for the identification, analysis and recommendations for resolution of issues and outstanding problems pertaining to charge capture and reimbursement. • Assists in cost accounting and in maintaining charge master information. Monitors supply usage and charge entry system; ensures charge and revenue balance and match.
• INVENTORY & SUPPLY MANAGEMENT: • Monitors, verifies, and reconciles monthly expenditures for supplies and equipment and provides status reports to department leaders. • Directs the periodic and annual review of inventory levels, recording quantity, type, and value of materials on hand. Prepare orders to replenish materials, equipment, and stock. M