Description
The Population Health Management (PHM) team works with the health system and community partners to develop, implement, and manage value-based care strategies that improve patient outcomes and reduce the cost of care. Our goal is to make care more affordable while addressing the health needs of our patients and communities.
Our multi-disciplinary team comprises of forward-thinking individuals that can reimagine care models that meet the needs of the communities we serve. When you join the PHM team you become a part of a team that strives to reinvent how care is delivered.The Director is a critical leader and thought partner achieving growth in value-based care.
This leader develops the strategy to achieve value-based care lines of business short/long-term financial goals. The Director has Profit & Loss accountability for a risk-based contract, driving and leading Quarterly Business Reviews to inform business strategic planning. ? This leader will be responsible for developing a deep understanding of the contract details under their line of business and financial flows then directing and leading the rest of the department to achieve success.
Single accountability for a contract P&L including specific revenue and cost target delivery; success is measured by delivery of these numbers to the systemDrives and leads QBR to inform business strategic planning Develops a deep understanding of the contract details under their LOB and financial flows ie, how win in our contracts financially as well as revenue and shared savings targets Tracks how the line of business is performing at a detailed level and communicates this to leadership and the PHM teamSeeks out ideas internally and externally for how to generate revenue, cost costs, and optimize resource allocation Leads data modeling & strategic planning to understand gaps in performance and identify performance opportunitiesIs accountable to line of business performance and directs operational, product, and analytics teams to focus keenly on areas that improve performance improvementHold other teams accountable for delivering on their contribution to LOB performanceIs data driven to identify improvement opportunitiesDevelop clear, concise performance reporting deliverables that cogently narrates the what and why of the trends and problem solve to develop the how to close improvement gaps Manages to P&L targets (ie, revenue and cost targets) Qualifications Maintains deep understanding of contract structure and financial flows ie, how we make money/revenue targets Financial & financial modeling and strategic planning Business performance reporting and synthesis to executive level, department level, and operation level leaders and front lines Performance management leadership - Accountability, problem-solving, analytical thinking, attention to detail, industry knowledge, growth mindset, People and organizational leadership - interpersonal skills, independence, collaborative skills, persuasion, communication, flexibility Advanced influencing skills and strong emotional intelligence with stakeholder management and relationships 8+ years relevant experience in healthcare, business, or a related environment with experience in financial planning or strategic finance or performance management Advanced understanding of and experience in managing finances and budgets 5 years of experience in directly creating and delivering strategic financial modeling used to inform critical business decisions Advanced Microsoft Office experience with strong skills in Excel & PowerPoint Bachelor's degree required; Master's or CPA degree preferred Healthcare experience preferred Business background preferred SKILLS: Leadership: Capable of leading strategic financial planning efforts and teams including both leading complex projects & planning efforts, and cross-functional teams to inform PHM financial decisions. Strategic problem solving: Able to take initiative to solve problems and resolve issues; is resourceful in finding required data and recommending solutions. Financial analytical skills: highly proficient in budgetary, financial, and accounting principles and practices, including the ability to prepare, interpret and analyze financial statements, forecasts, and cash flow analyses.
Interpersonal/communication: strong interpersonal skills, including customer service orientation. The ability to interact with faculty, Medical Directors, senior Department leadership, trainees, and others in a knowledgeable, confident and professional manner. Attention to detail: Commitment to accuracy and integrity of all data, reports, and communications.
Discretion and confidentiality: Ability to handle sensitive and confidential matters discreetly; ability to skillfully handle issues of sensitive nature with respect to confidentiality. Organization. Exceptional organizational skills and ability to prioritize effectively, asking for direction when appropriate. Capable of working cross-functionally.
Ability to thrive and lead in a highly matrixed, collaborative, team-oriented environment. Ability to build consensus through negotiation and diplomacy and get work done through others Communication. Comfortable interacting with senior leaders and facilitating teams of clinical leaders and senior managers Flexibility.
Flexible and adaptable within a complex, multi-site environment with changing requirementsWorking Conditions:Split of office and remote working settingJob responsibilities include heavy computer work and occasional work outside of regular business hours.Job Field: Finance/Accounting/Billing-OtherOrganization: Mass General BrighamSchedule: Full-timeShift: Day JobEmployee Status: Regular.
