Manager-Transplant Finance and Performance

Northwestern Memorial Hospital; Chicago (IL); On-site; USD 80,000 - 107,000; Full time

Benefits offered by this job

Tuition Reimbursement

Student Loan Repayment

Professional Development

Wellbeing Fund

401(k) Matching

Medical, Dental, Vision Insurance

Life Insurance

Annual Salary Increase and Incentive

Job summary

Northwestern Medicine seeks a Manager-Transplant Finance and Performance to lead the financial management of the transplant program, ensuring compliance with CMS, UNOS, and other regulatory bodies. You will develop budgets, analyses, and dashboards to support informed decision-making.

You will collaborate with finance, clinical leaders and operations to drive performance, reporting, and strategic projects across the transplant service line.

Qualifications

• Bachelor’s degree with 5+ years in finance, or Master’s with 3+ years in health care finance.
• Progressive experience in finance or a related field.
• Excellent communication, analytical and collaboration skills.
• High precision and attention to detail.
• Proficient in Microsoft Office and financial dashboards.
• Experience with analytic software.

Responsibilities

• Create annual operating and capital budgets.
• Develop financial reports and dashboards on a regular basis.
• Monitor billing, cost reporting and reimbursement processes.
• Coordinate with Finance to ensure timely accounting and compliance.

Skills

Financial analysis

Budgeting

Communication

Education

Bachelor’s degree in Finance or related field

Master’s degree in Business Administration or related field

Tools

Microsoft Excel

Financial dashboards

Job description

The salary range for this position is $58.09 - $78.43 (Hourly Rate)

Placement within the salary range is dependent on several factors such as relevant work experience and internal equity. For positions represented by a labor union, placement within the salary range is guided by the rules outlined in the collective bargaining agreement.

We offer a wide range of benefits that provide employees with tools and resources to improve their physical, emotional, and financial well-being while providing protection for unexpected life events. Please visit our Benefits section located at jobs.nm.org/benefits to learn more.

Northwestern Medicine is powered by a community of colleagues who are purpose-driven and committed to our mission to deliver world-class care. Here, you'll work alongside some of the best clinical talent in the nation leading the way in medical innovation and breakthrough research with Northwestern University Feinberg School of Medicine.

We recognize where you've been, and we support where you're headed. We celebrate diverse perspectives and experiences, which fuel our commitment to equity and culture of service.

Grow your career with comprehensive training and development opportunities, mentorship programs, educational support and student loan repayment.

Create the life you envision for yourself with flexible work options, a Reimbursable Well-Being Fund and a Total Rewards package that support your physical, mental, emotional, and financial well-being.

Make a difference through volunteer opportunities we offer in local communities and drive inclusive change through our workforce-led resource groups.

From discovery to delivery, come help us shape the future of medicine.

Benefits

• $10,000 Tuition Reimbursement per year ($5,700 part-time)
• $10,000 Student Loan Repayment ($5,000 part-time)
• $1,000 Professional Development per year ($500 part-time)
• $250 Wellbeing Fund per year ($125 for part-time)
• Matching 401(k)
• Excellent medical, dental and vision coverage
• Life insurance
• Annual Employee Salary Increase and Incentive Bonus
• Paid time off and Holiday pay

Description

The Manager-Transplant Finance and Performance reflects the mission, vision, and values of NM, adheres to the organization’s Code of Ethics and Corporate Compliance Program, and complies with all relevant policies, procedures, guidelines and all other regulatory and accreditation standards.

The Manager Transplant Finance and Performance is responsible for the financial management of the transplant program in compliance with policies and procedures established by CMS, UNOS, other regulatory agencies and organ procurement organizations.

The Manager, Transplant Finance and Performance will also 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.

Responsibilities

• 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.
• Develops and implements procedures to support successful financial performance of the program. Evaluates, develops, and implements monitoring mechanisms for financial performance.
• Monitors acquisition billing and ensures charges are appropriately dropped and tracked.
• Works with Finance to submit data required for the Medicare Cost Report and ensures compliance with cost report regulations, including monitoring time studies.
• Manages philanthropic and other funds to ensure appropriate documentation for disbursement.
• Completes Standard Acquisition Charge (SAC) review on a regular basis.
• Ensures all finance related accounting functions are performed in a timely manner.
• Coordinates with Financial Analyst to ensure day-to-day financial tasks are completed (i.e. processing invoices, invoicing, creating and monitoring purchase orders, etc.).
• Manages Transplant Center contracts and collaborates with appropriate parties for renewal/termination/initiation of new agreements as well as single case agreements.
• Tracks patient hotel usage and monitors for compliance with policy.
• Creates and submits capital requests.
• Monitors and maintains charge master.
• Ensures timely and accurate billing and collection of transplant accounts.
• Ensures timely and coordinated responses to UNOS, ASBMT, and payor/network RFI requests.
• Optimizes and monitors usage of living donor assistance funds, both internal and external (e.g. NLDAC).
• Supports charity care requests in partnership with Finance, Managed Care, and other NM departments.
• Ensures compliance with all legal and regulatory requirements.
• Coordinates department activities with appropriate internal departments and affiliates.
• Coordinates with the Office of Research and other entities to submit research protocols for fiscal intermediary approval.
• Provides effective Level I management/ownership of various cost centers. Coordinates with operational leads to understand relationship between operations and financials.
• Develops effective relationships with finance, budget, and compensation personnel across NMH, NMG, and Feinberg School of Medicine.

Data Analysis And Reporting

• Develops dashboards to summarize and report on outcomes, volume, engagement, and other metrics.
• Utilizes data and benchmarks to support goals and objectives. Defines, develops and implements productivity standards.
• Provides support for NM Analytics initiatives designed to optimize transplant outcomes and performance.

Strategic/Operational Project Management And Process Improvement

• Partners with leadership to advance improvement initiatives and opportunities.
• Continually examines ways to improve business relationships with customers, suppliers, community, etc. and proposes ideas for how to implement improvements.
• Facilitates annual goal development for the department in collaboration with leadership.
• Manages efforts related to space planning for the program.

Additional Responsibilities

• Provides regular, effective feedback and coaching for staff. Identifies and implements development opportunities as needed to improve performance.
• Collaborates with IT as needed to manage transplant’s needs.
• Supports departmental based quality committees as needed.
• Attends daily huddles and covers other shared management responsibilities as needed.
• Performs other duties as assigned.

Qualifications

Required

• Bachelor’s degree AND minimum 5 years of experience in related field (i.e. Finance) with substantial health care knowledge OR Master’s degree AND minimum 3 years of experience in related field with substantial health care knowledge.
• Progressive relevant experience in finance or similar field.
• Excellent oral and written communication, analytical and collaboration skills
• High level of precision and attention to detail
• Ability to summarize complex issues into key elements
• Ability to plan, organize, and direct the activities of others
• Knowledge of Microsoft Office applications
• Experience with financial dashboards and analytic software

Preferred

• Master’s degree in business administration or related field
• Transplant business experience including knowledge of transplant reimbursement, and working knowledge of the Medicare Cost Report as it applies to organ transplantation
• Demonstrated project management skills

Equal Opportunity

Northwestern Medicine is an equal opportunity employer (disability, VETS) and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national origin, gender identity, veteran status, disability, sexual orientation or any other protected status.

Background Check

Northwestern Medicine conducts a background check that includes criminal history on newly hired team members and, at times, internal transfers. If you are offered a position with us, you will be required to complete an authorization and disclosure form that gives Northwestern Medicine permission to run the background check. Results are evaluated on a case-by-case basis, and we follow all local, state, and federal laws, including the Illinois Health Care Worker Background Check Act.

Artificial Intelligence Disclosure

Artificial Intelligence (AI) tools may be used in some portions of the candidate review process for this position, however, all employment decisions will be made by a person.

Benefits

We offer a wide range of benefits that provide employees with tools and resources to improve their physical, emotional, and financial well-being while providing protection for unexpected life events.

NorthwesternMedicine Career Page

https://jobs.nm.org/benefits

If sign-on bonus is included in a job posting eligibility is as followed: Internal employees and rehires who left Northwestern Medicine within 1 year are not eligible for the sign-on bonus. Exception: New graduate internal employees seeking their first licensed clinical position as a Registered Nurse at NM may be eligible.