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Job Description
Location: Chicago, IL
Hospital: RUSH University Medical Center
Department: RUMG Administration MSP
Work Type: Full Time (Total FTE between 0.9 and 1.0)
Shift: Shift 1
Work Schedule: 8 Hr (8:00:00 AM - 5:00:00 PM)
Summary:
Job Summary:
The Manager, Finance is responsible for various financial tasks related to Rush University Medical Group including the financial analysis needed for proformas, lookbacks, and strategic support/funds flow. The Manager serves as an expert for the complex financial and analytical needs related to ongoing department and provider financial reviews. The Manager partners with RUMG Finance leadership and departmental financial contacts to implement changes that improve financial outcomes. The Manager formulates recommendations based upon data analysis and provides guidance and education. The position requires the development of a highly collaborative relationship with faculty recruitment, hospital finance, RUMG departments, budget office and decision support. The individual who holds this position exemplifies the Rush mission, vision and ICARE values and acts in accordance with Rush policies and procedures.
Other information:
Required Job Qualifications:
• Bachelor's degree or higher in business, accounting, or a related field required.
• At least five years of healthcare experience in practice management, finance, or decision support required.
• Financial analysis and modeling experience required.
• Demonstrated advanced proficiency in the Microsoft Office Suite, with advanced knowledge of Excel, Access, and data reporting systems.
• Demonstrated ability to analyze complex data and communicate issues, findings, and recommendations to leadership and other constituents.
• Excellent interpersonal and organizational skills.
• Excellent verbal and written communication skills.
• Excellent presentation skills.
• Ability to work with others in a team environment.
• Professionalism and a customer-focused orientation in order to interface with both internal and external individuals.
Preferred Job Qualifications:
• Master's degree in business, healthcare administration, or related field preferred.
• Familiarity with Axiom, Epic, Link, Cube, SQKM Mastro, or CPSC data preferred.
• Prior supervisor experience preferred.
• Basic understanding of interpreting billing data including gross charges, net revenue, RVUs, and CPTs preferred.
Responsibilities:
Job Responsibilities:
• Responsible for the development and management of the business plan proformas for new faculty, other clinicians, new services, new sites/opportunities, working collaboratively with the departments, service lines, faculty recruitment, and faculty compensation.
• Oversees the preparation of RUMG quarterly department financial reviews.
• Maintains RUMG funds flow, strategic and program support data, and makes recommendations for changes based on financial performance.
• Completes various analyses and develops analytics related to the financial sustainability of the medical group.
• Plays a key role in the development of annual budget process in collaboration with department finance managers, Budget Office, and other members of the RUMG team.
• Incorporates pro forma data into the budgeting and projection process.
• Completes annual lookback analysis for faculty hires, capital, and new program development.
• In collaboration with the clinical departments, develops scenarios to improve financial performance.
• Provides long-range financial planning on issues as alternative methods of health care delivery, program development, and other issues that impact the clinical practice and faculty practice plan.
• Assists with special projects as assigned by the CFO or AVP for RUMG.
• Develops and analyzes the financial impact of new and existing strategies and determines the impact on the RUMG’s financial performance.
• Coordinates regular education and training sessions with RUMG departments in order to broaden the understanding and accountability of pro forma development.
• Designs and develops standard and ad hoc reports to effectively translate complex data into decision support tools for management.
• Identifies and presents options and alternatives to improve operational and data management efficiency.
Rush is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.
Position Manager, Finance - RUMG Administration
Location US:IL:Chicago
Req ID 8255