Business Operations Strategist

Socket.dev; Detroit (MI); On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) with match

Generous PTO

Career Development

HSA & FSA

Job summary

Tenet Healthcare's Children’s Hospital of Michigan seeks a healthcare financial analyst to support clinical programs, budgeting, and long-range financial planning. The role includes developing pro formas, analyzing reimbursement and budgets, and coordinating grant activities across ambulatory services.

The position requires 3–5 years in operations/finance, a Health Admin or related degree, and Lean/Six Sigma certification where possible. On-site in Detroit with comprehensive benefits.

Qualifications

• Bachelor's in Health Admin, Business Admin or related field.
• 3–5 years in operations, finance or process improvement.
• LEAN/Six Sigma certification preferred.

Responsibilities

• Provide analytic support for clinical business programs and budgeting.
• Develop pro formas and budgets; analyze financial performance.
• Support revenue cycle reviews and operational problem solving.
• Coordinate tracking and administration of grants.

Skills

Financial analysis

Budgeting & forecasting

Data interpretation

Cross-functional collaboration

Education

Bachelor's degree in Health Administration, Business Administration or related field

3–5 years of operations, finance or process improvement experience

LEAN/Six Sigma certification

Tools

ERP systems

EMR/clinical information systems

Job description

Embark on a rewarding career with DMC Children's Hospital of Michigan. If you are a compassionate healthcare professional eager to contribute to patient care, this is your opportunity where your skills make a difference every day. Join us in delivering exceptional healthcare with a personal touch.

Benefits Statement

At Tenet Healthcare, we understand that our greatest asset is our dedicated team of professionals. That’s why we offer more than a job – we provide a comprehensive benefit package that prioritizes your health, professional development, and work-life balance. The available plans and programs include:

• Medical, dental, vision, and life insurance
• 401(k) retirement savings plan with employer match
• Generous paid time off (PTO)
• Career development and continuing education opportunities
• Health savings accounts, healthcare & dependent flexible spending accounts
• Employee Assistance program, Employee discount program
• Voluntary benefits include pet insurance, legal insurance, accident and critical illness insurance, long term care, elder & childcare, auto & home insurance.

Note: Eligibility for benefits may vary by location and is determined by employment status

Job Summary:

Provides analytic support for current and conceptual clinical business programs, to include providing support in the development, implementation, analysis, decision-making and evaluation of the programs. Correlates and communicates the effectiveness of financial impact on patient services strategic planning initiatives, new programs and related technology acquisition, patient care delivery models, facility needs, contracts and consultative services. This will include the development of business Pro formas for clinical programs, collaborating with managed care/finance, etc. to ascertain reimbursement for new service lines. Responsible for the tracking and administration of grants.

Provides facilitation and direction for new technology acquisition and planning. Creates and oversees business and financial implementation of short and long term clinical program development and strategies for Ambulatory Services, including budgeting, internal controls, timely reporting and process improvement. Provides analytic and strategic support in consulting with Ambulatory Services administrative team regarding the selection, implementation, maintenance and evaluation of systems that support patient care processes.

Provides consultative strategic analysis in collaboration with Ambulatory Services administrative team and finance, in the budget planning/forecasting process. Provides insight in development, organization and implementation of the annual operating and capital budgets. This includes providing prepared budget documents and other required reports in analyzing actual vs. budget variances throughout the year. Provides support in designing, implementing strategies, analyzing and evaluating financial monitoring activities and tools to identify and resolve financial performance improvement issues. Serves as an expert with clinical information systems (i.e. NACHRI, PACT, EMR), providing direction in the correlation/analysis of clinical and financial data (i.e. productivity), producing required reports and participating in related patient care system reviews. Assists and facilitates the Ambulatory Services administrative team in identifying and resolving operational problems related to clinical/non-clinical activities, and providing related financial reports to assist in the decision‑making/resolution process.

Serves as a liaison to other hospital departments/divisions for financial problem-solving activities of mutual concerns with Ambulatory Services. Reviews and analyzes revenue cycle utilization of ambulatory information systems and business practices. Reviews and coordinates the development and implementation of ambulatory revenue enhancement activities. Identifies and assists in the resolution of weaknesses that impact the revenue cycle.

1. Bachelor's degree in Health Administration, Business Administration or related field, or the equivalent combination of education and/or experience.

2. Three to five years of related operations, finance or process improvement experience.

3. Certification in LEAN, SIX SIGMA or other process improvement methodology strongly preferred.

Facility Description:

Children’s Hospital of Michigan is an international leader in pediatric and adolescent medicine. Surgical services include general, thoracic, reconstructive and cardiovascular. Imaging technology designed specifically for children provides advanced diagnostic services including Positron Emission Tomography (PET) and MRI. The Children’s Hospital of Michigan Emergency Department is a verified Level 1 Pediatric Trauma Center and dedicated pediatric burn center. Experts in pediatric critical care, rehabilitation, and neonatal and perinatal medicine provide care for thousands of children every year at Children’s Hospital of Michigan, Children’s Hospital of Michigan - Troy and six ambulatory sites.

EEO Statement

Employment practices will not be influenced or affected by an applicant’s or employee’s race, color, religion, sex (including pregnancy), national origin, age, disability, genetic information, sexual orientation, gender identity or expression, veteran status or any other legally protected status.

Tenet will make reasonable accommodations for qualified individuals with disabilities unless doing so would result in an undue hardship.

Tenet participates in the E-Verify program. Follow the link below for additional information.

E-Verify: http://www.uscis.gov/e-verify

The employment practices of Tenet Healthcare and its companies comply with all applicable laws and regulations