Manager-Transplant Finance and Performance

SmartRecruiters, Inc.; Chicago (IL); On-site; USD 121,000 - 163,000; Full time

Job summary

Northwestern Medicine is seeking a Manager-Transplant Finance and Performance to lead the financial management of the transplant program. This role develops operating and capital budgets, creates comprehensive financial reports and dashboards, and ensures compliance with CMS, UNOS and other regulators.

You will collaborate with clinicians, managers and finance staff to drive performance and strategic initiatives.

Qualifications

• Degree in finance, business, or related field with health-care knowledge.
• Master's degree with health-care exposure preferred.
• Minimum 3–5 years of finance experience in healthcare; strong analytical skills.
• Ability to summarize complex issues, plan and direct activities.

Responsibilities

• Create annual operating and capital budgets.
• Develop and distribute financial reports and dashboards.
• Monitor and optimize transplant program financial performance.
• Coordinate with CMS/UNOS/regulators to ensure compliance.
• Manage contracts and capital requests.
• Provide analyses to support NM Analytics initiatives.

Skills

Finance experience

Healthcare knowledge

Analytical skills

Communication skills

Education

Bachelor’s degree

Master’s degree

Tools

Microsoft Office

Data dashboards

Job description

Manager-Transplant Finance and Performance

• Full-time
• Salary Range Minimum : $58.09
• Salary Range Maximum: $78.43
• Compensation: USD 58.09 - USD 78.43 - hourly

At Northwestern Medicine, every patient interaction makes a difference in cultivating a positive workplace. This patient-first approach is what sets us apart as a leader in the healthcare industry. As an integral part of our team, you'll have the opportunity to join our quest for better health care, no matter where you work within the Northwestern Medicine system. We pride ourselves on providing competitive benefits: from tuition reimbursement and loan forgiveness to 401(k) matching and lifecycle benefits, our goal is to take care of our employees. Ready to join our quest for better?

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.

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

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.

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.

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 refer to the Benefits Eligibility by Employment Classification to determine benefits eligibility for job postings.

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.

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