McLean Hospital(MCL)
Location: Belmont,MA, USA
Date: 2024-11-12T06:25:39Z
Job Description:
Description - ExternalJob Summary: The Business Manager plays a crucial role in optimizing and enhancing business processes to drive operational efficiency and support strategic decision-making at McLean Hospital. The Business Manager is responsible for gathering, analyzing, and interpreting complex operational and administrative data. These data relate to the budget pertaining to inpatient and procedural levels of care, managed care denials, oversight of key performance indicator associated with contracted business partners, and EPIC downtime operations. The Business Manager identifies trend and provides actionable insights to clinical leaders, directors, and members of the Administrative Team. This role often includes partnering with internal stakeholders and managing cross-functional work, developing performance metrics, and recommending solutions to improve processes and reduce costs.Essential Functions (Key Roles & Responsibilities)List up to 6 key outcome-based roles and responsibilities of this job.1. Cross-Functional Collaboration. Partner with clinical leaders and Nursing Administration to manage operational budget and maintain favorable variances; primarily within the inpatient and procedural levels of care. Review current busine operational processes, identify inefficiencies, and recommend strategies and tactics to streamline workflows, enhance productivity, and reduce costs. Serve as a principal contact for this scope of work and actively assist in managing the respective budgets throughout the year.2. Epic Downtown Procedures. Work closely with various departments across McLean Hospital to ensure that clinical and ancillary units are informed and prepared to deliver care effectively and safety during times when EPIC, the electronic health record, is offline. Enure that MGB standards and expectations are in place and met with high reliability.3. Key Performance Indicators (KPI) Oversight among contracted business partners. Develop, report, trend, and maintain key performance indicator (KPI) data for the purposes of monitoring business operational effectiveness and making recommendations to the Administrative Team based on quantitative findings.4. Managed Care Denial Oversight. Work closely with departments such as finance, utilization management, social work and operations to make recommendations in how to reduce payer denials and increase operational revenue for services.JOB DESCRIPTIONProposed Job Title: Business Manager I Job Code: 000400Reports to: M4 (Senior Director/Executive Director) Title Job Reports to: Executive Director, Business OperationDepartment: Business Operations Does this job require Patient Care (direct/indirect)?YesNoIndicate the focus/influence of this job:Hospital(s) Does the job manage others? ('Manage' for this purpose relates to hire/fire authority)YesNo If 'Yes,' how many direct reports? 0-2Are any of the direct reports managers? YesNoDoes this role manage multiple teams? YesNoIndicate the level of problem solving required for thijob: Solves complex problems How many indirect reports (estimate)? ZeroIs this job responsible for managing any budget?YesNo If 'Yes,' indicate estimated annual dollars: $Direct Expenses: Estimated $110MillionJOB SUMMARY & ESSENTIAL FUNCTIONS Describe below the primary purpose and function of this job.rendered. Attend selected committee meetings, provide leadership guidance for the production of actionable and accuratereporting, and identify opportunities for reducing denial risk. Suggest solutions to mitigate such risks and improve busineresilience.5. Strategic Planning. Support the development and execution of business operation strategic plans by providing datadriven insights and forecasting future business needs.6. Lead or participate in special projects, ensuring they are completed on time, within scope, and meet busine objectiveQualificationsQualifications - ExternalQUALIFICATIONS:To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirement listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Education: Degree: Bachelor's Degree Field of Study is RequiredDegree: Master's degree Field of Study is PreferredWork Experience:Type of experience: experience in financial reporting and database 2-3 Years of work experience is PreferredEEO StatementMcLean is an Affirmative Action Employer. By embracing diverse skills, perspectives and ideas, we choose to lead. All qualified applicants will receive consideration for employment without regard to race, color, religious creed, national origin, sex, age, gender identity, disability, sexual orientation, military service, genetic information, and/or other status protected under law. We will ensure that all individuals with a disability are provided a reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.
Apply Now!