- Under the direction of surgical & procedural services leaders, supports business owners in the analysis and identification of opportunities for business and performance improvement.
- Assist Surgical Services leadership and administrative leaders in professional and business departments to compile, organize, display, and provide useful operational and financial data in support of operational needs which includes: budget review & development, revenue capture, cost savings, department fiscal responsibility
- Assists in department as needed with improvement initiatives, information systems, business planning and capital budget preparation.
- Works closely with Financial Management, Cost Accounting, Medical Records, Revenue Management, Pharmacy, Business Offices, and Service Line Administrators to find opportunities that will result in surgical cost reduction and/or increased insurance reimbursements while maintaining high quality patient care
- Provides input to Materials Management that identifies pricing opportunities and cost savings relative to specific surgical procedures and surgeons
- Provides requesters with an accurate understanding of financial, clinical, and operational data relative to Surgical Services, identifying appropriate sources for strategic planning, business development, and physician activity
- Understands all available reports and analytical tools to provide financial analysis, reviews, and presentations to other business partners and senior leadership
- Has a working knowledge of medical coding, health insurance requirements and reimbursement, and materials management practices
- Initiates and manages new projects that support key department initiatives that support efficiency and effectiveness, revenue generation, and LEAN/Standard work.
- Analyzes various reports for the impact of the actual and/or proposed operational changes in meeting Surgical Services initiatives/goals.
- Creates, analyzes and presents monthly statistics, including physician and Perioperative dashboards /scorecards.
- Researches, validates, analyzes, and produces actionable data that is accurate and easily understood by the requestor.
- Through the compilation and analysis of relevant financial data, the business manager will help leadership define and support a growth strategy for the surgical services at all sites of service. Strategy will include assisting leadership determine site of service for procedures by providing relevant data about reimbursement and cost at various sites of service
- Analyzes the data related to business and operational performance improvement metrics and consults with stakeholders on opportunities for improvement.
- Investigates statistics to support equipment requests and monitors all contracts within the service line to be sure that the appropriate budgets are forecasted.
- Collaborates with department leadership on ensuring the effective operation of the Department's purchasing activities.
- Assists with inventory management processes to minimize waste and lost revenue.
- Collaborate with physician/vendor management team to ensure products are vetted through Surgical Value Analysis team process to evaluate cost and clinical need
- Ensure vendors are complaint with HHC Standards, holding individuals accountable for timely delivery of services.
- Support cost savings initiatives in collaboration with perioperative team will work on Initiatives and overall cost savings and revenue capture.
- Bachelor's degree in Healthcare Business Management/Administration
- Master's degree
- Familiarity with the day to day functions and processes of procedure based areas, as well as a robust understanding of how ongoing operational decisions affect finances in a healthcare environment
- Experience in a business healthcare environment preferred. Four years of job-related experience in the healthcare industry recommended
- Must be skilled in TEAMS, Microsoft Word, PowerPoint, Adobe Acrobat. Must have high level Excel skills. Experience in EPIC preferred
- I Must be able to sit for long periods of time
- Onsite
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Business Manager- Surgical Services - Ithaca, United States - Cayuga Medical Center
Description
Job Description
Job DescriptionCompany Overview:
Cayuga Health is the region's leading healthcare system, and most trusted driver of integrated health services, together with valued partners. We empower our people and employ our capabilities to equitably improve the well-being of the communities we serve. At Cayuga Health System, our commitment to providing extraordinary health care begins with our team. Our extraordinary professionals are continuously discovering clinical innovations and enhanced access to the most up-to-date facilities, equipment, technologies, and research protocols. We have a commitment to its employees by providing competitive rates and compensation, a comprehensive employee benefits programs, attractive working conditions, and the chance to build and explore a career opportunity by offering professional development.
Nestled in the beautiful Finger Lakes region, Cayuga Health provides an outstanding place to work in a vibrant community. Come discover all that Ithaca, New York and Cayuga Health has to offer
Position Overview:
The Business Manager for Surgical Services helps to oversee business operations for Surgical Services. They coordinate and conduct ongoing analysis (business and operational) and interpretation of program data to identify areas of opportunity. They are expected to communicate key findings and trends to surgical services leadership. Responsible to collaborate on new business plan development and ongoing analysis and interpretation of program data and identifying service related issues as required, providing detailed reports with cost analysis. Coordinates and leads planning sessions to develop the future goals and objectives. Responsible for working with revenue cycle and finance to review revenue cycle health and operating margins as well as to coordinate with surgical teams and leadership to predict future volumes.
What you'll do:
Minimum Qualifications:
Preferred Qualifications:
Physical Requirements:
At this time Cayuga Health System will not sponsor a new applicant for employment authorization for this position.
Travel Requirements:
At this time Cayuga Health System will not sponsor a new applicant for employment authorization for this position.
If you are interested in applying for this position and you require an accommodation, please contact Cayuga Health System at
Cayuga Health System Commitment to Diversity, Equity & Inclusion
Cayuga Health System commits to treating all people with dignity so that everyone who comes to us is safe, cared for, and respected. We will support the growth of our employees and the health of our community by embracing the rich diversity of social and cultural identities, needs, and life circumstances of all people. We strive to recognize and overcome personal biases and systemic policies that marginalize others and contribute to disparities in healthcare access, equitable care, and good health outcomes.
Cayuga Health is dedicated to our vision for diversity, equity, and inclusion. As we strive towards our vision, we welcome the opportunity to work alongside a diverse range of employees.
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