Senior Business Director

Senior Business Director

Oversight of all Heart Institute hospital and CTS operations and financial management, revenue, expense, billing and coding, human resource business justifications. Responsible for development, implementation and oversight of gross revenue operating budget. Oversees Heart Institute Capital budget and management. Oversees all space needs for the Heart Institute. Oversees entire Heart Institute fiscal year budget roll up. Oversee the operational and financial management of the Heart Network, a strategic initiative to deliver incremental revenue to CCHMC. Instrumental in shaping and executing Heart Institute and Institution-wide strategies. Leads 60+ indirect reports.

Financial Management : Overall accountability for the financial management functions for the organization's largest, most complex divisions or over multiple divisions. Develop, implement, evaluate and manage the department's annual and capital budget to achieve the Divisional and Departmental objectives; establish internal controls for cash management; implement and maintain a process for financial controls and external financial audits; develop and implement accounts receivable management; analyze and monitor financial performance and report financial results to stakeholders; evaluate variances, determine underlying causes and identify, present, and implement proposed solutions; establish and monitor productivity metrics; ultimate accountability for compliance with organizational financial policies and procedures. Directs the resolution of highly complex or unusual business problems applying advanced critical thinking. Collaborates with division leadership to drive business strategy.

Revenue Cycle : Overall accountability for the Division's revenue cycle management, including optimizing revenue, ensuring complete and accurate physician and / or hospital billing and compliant coding, monitoring associated charge capture; creating competitive pricing, developing / expanding programs; effective denial management; and monthly revenue reporting.

Business Operations (Clinical) : Direct and coordinate the daily clinical operations of the Division; direct, establish and monitor business processes to ensure effective and efficient clinical operations; direct clinical revenue cycle activities within the Division; direct, design and monitor efficient patient flow patterns to maximize clinical and staff efficiency; develop and implement policies and procedures for improved utilization and operations; identify opportunities for improving cost and quality of care through in-depth process and cost of care analysis and develop and offer recommendations to drive significant operational change; resolve issues directly, or in consultation with the Division Director / Vice President concerning staffing, utilization of facilities, equipment and funds; develop and interpret policies and procedures for faculty and staff; and ensure that all policies are in conformance with Medical Center guidelines.

Business Operations (Research) : Direct activities associated with the management of external funded projects, including but not limited to developing and executing Divisional operating procedures for timely and compliant submissions of grant proposals; work with Sponsored Programs and other institutional regulatory offices to interpret and ensure compliance with NIH and other external sponsor guidelines for the application and management of awards; develop and execute operational procedures to monitor and disseminate revenue and expense information with PIs to ensure appropriate expenditures; based on monthly and quarterly reports of expenditures, identify and correct errors, proj