Assistant Vice President Healthcare Economics Job in Nashville 37201, Tennessee US
The Associate Vice President of Healthcare Economics will analyze and develop strategies to improve facility contract performance, review and develop alternative payment methodologies to maximize reimbursement for services provided, and develop strategies to maximize product line profitability in a manner compliant with all applicable regulations. The position researches economic progressions to assist with the organization's contracting strategy, planning and operational performance; presents periodic trend and contract performance results with findings and recommendations to internal stakeholders; and prepares related ad hoc analysis in conjunction with centralized support areas. Impact of work is most often at the national (e.g., multi-state) level, or is responsible for a major portion of a business segment, functional area or line of business.
Essential Duties:
- Provides comprehensive balanced advice on managed care contracting policies.
- Frequently interacts with senior leaders within the organization to influence those leaders to adopt new ideas, products, strategies, and/or approaches.
- Manages and thoroughly monitors strategic projects that have an impact inside and outside of the organization.
- Entrepreneurial approach to developing innovative solutions to meet customer/business needs.
- Provides leadership to and is accountable for the performance and direction through multiple layers of management and senior level professional staff; work most often impacts a large business unit, or multiple markets/sites.
- Directs others to resolve business problems that affect multiple functions or disciplines.
- Product, service or process decisions are most likely to impact multiple functions and/or customer accounts (internal or external).
- Contributes to the development of business strategy.
- Strong executive presence, communication and influencing skills with internal and external stakeholders.
- Open and transparent communication with business leadership and the broader finance organization.
Qualifications:
- 10+ years of relevant financial, analytical and operational management experience.
- Advanced degree in business, finance, economics or equivalent experience; MBA preferred.
- Ability to analyze and assess the impact of alternative reimbursement models and to develop and implement an appropriate action plan.
- Strong familiarity with claims-based analytics.
- Professional maturity as evidenced by demonstrated success in various business cycles and conditions, complex business models, and vast array of disparate PL's and financial constructs.
- Strong executor. Establishes aggressive goals and delivers results. Structures business disciplines to facilitate quick and data based decisions and ensure accountability for execution. Desire and ability to "roll up your sleeves" to learn the business and drive business results.
- Strong ability to work collaboratively and influence across a matrix environment to drive revenue enhancement and expense management initiatives.
- Exceptional financial acumen and PL management skills.
- Proven experience driving business performance in a high growth environment. Entrepreneurial spirit. Always looking for opportunities to improve and grow the business. Establishes and cultivates a strong relationship with the executive leadership team and all constituents.
- Exceptional leadership skills. Demonstrated ability to recruit, develop and retain top financial talent. Strong coach and mentor within the Healthcare Economics team and across the organization.
Founded in 1998, privately-held IASIS Healthcare is a leading owner and operator of community-focused hospitals in high-growth markets. IASIS Healthcare began principal operations in October of 1999, in transactions arranged by the management team and Joseph Littlejohn Levy. In 2004, Texas Pacific Group, a private equity firm managing over $13 billion in assets, led a group of investors to acquire IASIS. Today, TPG is the single largest stockholder in IASIS.
IASIS Healthcare is dedicated to providing high-quality, cost-effective healthcare. Fundamental to the company's business strategy is the development of strong relationships and partnerships with physicians, employees, and payors. Together, the people of IASIS Healthcare share a common vision of quality care, customer service, an appropriate mix of services, cost control, and capital investments designed to meet the healthcare needs of the communities served by IASIS hospitals.