Director, Finance Transplant - Transplant Admin Exempt; Non-Union

Director, Finance Transplant - Transplant Admin - Full Time 8 Hour Days (Exempt) (Non-Union) page is loaded

Director, Finance Transplant - Transplant Admin - Full Time 8 Hour Days (Exempt) (Non-Union)
Apply locations Los Angeles, CA - Health Sciences Campus time type Full time posted on Posted 30+ Days Ago job requisition

The Transplant Finance Officer is responsible for financial operations oversight of the Transplant Institute, to include insurance compliance, charges, billing, reimbursement and all applicable policies and procedures established by CMS, UNOS, other regulatory agencies, as well as organ procurement organizations. The Transplant Finance Officer maintains a dual reporting relationship to the Keck Medical Center CFO and the Transplant Institute Associate Administrator.

The Transplant Finance Officer is responsible for all finance tasks and activities in accordance with applicable regulatory requirements for CMS cost reporting. The Transplant Finance Officer will work directly with the Associate Administrator of Government Reimbursement and Reporting and KMC CFO on all cost report related issues to maintain consistent process and controls. Serves as the primary liaison with the hospital system revenue cycle and finance departments and maintains relationships with those departments that facilitate accurate and complete financial systems for the business of Transplant.

In conjunction with the Transplant Administrator and Finance Department leadership oversees financial matters including budget preparation, expense monitoring, productivity monitoring, payor mix, FTE tracking/utilization, revenue tracking, and billing integrity. Works with Clinical Managers to identify, implement, and track progress of cost-savings opportunities. Identifies and pursues operations improvement opportunities especially the application of technology to improve efficiency and effectiveness. The Finance Officer will lead initiatives related to data analysis, process improvement, and strategic/operational project management, and will work closely with managers, directors, clinicians, quality leads, and other team members to develop work plans, metrics and resources to achieve the department's strategic goals and objectives.

Creates and implements models for responsible forecasting of transplant volume, reimbursement, and resource consumption. This includes promoting sound, reasonable business judgment throughout the Transplant Institute. In collaboration with Managed Care Contracting team, provides contract oversight, anticipates and forecasts the financial prospects for the Transplant Institute.

The Director of Finance position will work with various fiscal and operational functions within the accounting/finance departments of Keck Medicine of USC to provide strategic and business leadership in building a shared services finance organization and process transformation. This role will create and operate a consolidated, structured, sustainable & efficient shared services model across the hospitals. Specifically, it will include standardization of accounting/fiscal functions, improving business processes and creating efficiencies through innovative solutions, with a focus on standardization, improved governance, cost containment, and revenue maximization.

Essential Duties:

• Creates annual operating and capital budgets. Develops and distributes comprehensive financial reports on a regular basis. Generates department and service line dashboards and other reporting needs. Ensures all finance related accounting functions are performed in a timely manner.
• Develops and implements procedures to support successful financial performance of the program. Evaluates, develops, and implements monitoring mechanisms for financial performance, within or outside of Strata. Monitors acquisition billing and ensures charges are appropriately dropped and tracked.
• Works with Government Reimbursement to submit data required for the Medicare Cost Report and ensures compliance with cost report regulations, including monitoring time studies and pre-transplant charge review This will require training and continued education of transplant…