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The Senior Director, HSC Business Affairs in the Department of Orthopedic Surgery will have oversight of the administrative, human resource, financial, and budgetary activities of the department. The position will work with and advise the department Chair in the operations of the department to further the strategic academic and clinical goals of the Chair. The position is dually employed by the academic health system (UofL Physicians/UofL Health).
Essential Duties and Responsibilities:
Direct the administration of the finance and business services of the department's academic, research and clinical components. This will include preparation, analysis and forecasting of the departmental budget and financial statements, accounts receivables, and practice productivity consistent with internal and external compliance in support of the strategic goals of the department.
Assist the Chairman by making recommendations to meet current budgetary commitments and future obligations.
Analyze and audit systems, policies and procedures and initiate changes to provide effective business management and ensure compliance with state and federal regulations as necessary.
Understanding and developing a long-term business vision with a focus on strategic initiatives.
Oversee accounts receivable for the department and faculty practice and make recommendations for hospital and other outside contracts based on pro forma analysis.
Oversee and participate with processes for recruitment, hiring and retention of faculty and staff; to include managing and directing personnel and providing guidance as it relates to staff training, performance, organization structure and compensation practices
Plan, direct, and coordinate the budgeting, accounting, purchasing, financial and human resource processes of the department and faculty practice.
Make recommendations related to organizational structures and establish new positions in relation to departmental needs including clinical operations.
Monitor and track faculty productivity from all sites to be utilized for compensation package.
Assist Chairman with annual review of faculty effort, productivity and guide budgeting and funding sources based on the review.
Oversee and monitor the activities of the central billing office. Oversee audits of billing services to assure compliance for reimbursement of services provided, compile data for evaluation and reporting as necessary.
Oversee administration of facilities including, but not limited to, space needs and solutions, recommendation for maximization of space, administer equipment and space lease agreements, monitor allocation of resources for equipment to ensure quality of service.
Manage and direct research and education activity ensuring departmental compliance.
Required: Bachelor's degree in a related field and eight (8) years of relevant experience or the equivalent combination of education and experience.
Preferred:
Masters’ degree in Business, Public Health, or Healthcare Management 8 years of related experience with at least five years of professional management experience in a high volume, complex academic department or medical school
Demonstrated experience in budgeting, financial analysis, and strategic planning.
Experience with data analytics and displaying key data and trends in an easy-to-understand visual format to help with decision-making.
Experience in managing and billing for surgical practices within a surgical department is valuable.
Proficiency in financial reporting and compliance.
Strong analytical skills with the ability to interpret complex financial data.
Excellent communication and interpersonal skills to collaborate effectively with faculty, staff, and external partners.
Leadership abilities to manage teams and oversee various clinical and academic operational functions.
Professional certifications such as Certified Public Accountant (CPA) or Certified Healthcare Financial Professional (CHFP) can be advantageous.
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