The Vice President of Medical Group Finance (“VP”) serves as the financial leader and is responsible for supporting Valley Health Medical Group which includes Valley Physician Enterprise, hospital based practices including Rural Health Clinics, leased practices, and other aligned physician practices, in addition to Valley Partners. The VP will lead setting and executing plans to meet or exceed overall financial goals for these business units. Accountable for annual budgetary process and regular analysis of on-going operations relative to budget (particularly with regard to practice variation). Provides onsite support for preparing monthly financial statements and reports, as well as reviewing cost reports and other state required financial reporting. Accountable for strategic business development including active participation in all business planning and oversight of new business analysis, including the ability to translate complicated data into useable information. Extensive experience in successfully managing revenue cycle for a multi-specialty medical group, as well as experience in monitoring daily practice operations, including but not limited to scheduling, staffing, cash collections, etc. Effective development and management of provider compensation plans, to align with organizational priorities. Assurance compliance with all applicable regulatory requirements. Serve on policy making and planning committees. Matrix reporting relationship which includes a direct reporting relationship to the VHS Senior Vice President & CFO and dotted line reporting to the Sr VP, CPE and President of Valley Physician Enterprises; provides day to day operations and support to the VHMG Director of operation and Vice President for Population Health (Valley Partners). Works collaboratively with Director, VHMG Revenue Cycle and Practice Operations Support.
What You Will Bring:
Education Masters Degree in Accounting, Business or Healthcare required Bachelors Degree in Accounting, Finance or Health care required
Experience 5 years - healthcare management required 10 years - business experience (cross-functional) required 5 years - physician practice medical group experience required 5 years - urgent care experience preferred Multispecialty medical group experience required Experience with Rural Health Clinics and/or Federally Qualified Health Centers preferred Experience with Risk based contracts, ACO, population health Progressively responsible accounting/finance positions operating at a senior level in a mid to large healthcare system or medical group required. Requires previous work experience demonstrating an exceptional level of interpersonal skills necessary in order to deal effectively in delicate, sensitive and/or complex situations with a wide variety of influential internal and external personnel and make presentations before groups including regulatory agencies. Requires previous work experience demonstrating a high level of problem-solving skills and strong analytical skills. Requires previous work experience demonstrating strong management and decision-making skills necessary in order to develop and implement new financial systems, techniques and/or procedures; determine needs for capital equipment, personnel, expense and revenue budgets; and prepare special and recurring reports and analyses.
Certification & Licensures CPA preferred
Qualifications Excellent analytical and abstract reasoning skills required Demonstrated experience partnering with key members of leadership to achieve favorable fiscal outcomes required Demonstrated leadership capabilities, including skill in planning, organizing and managing complex functions and projects required Ability to learn unfamiliar concepts quickly required Ability to plan, coordinate and prioritize resources required
Internal Number: 61554
About Valley Health
Valley Health System is a not-for-profit network of hospitals, urgent cares, physician practices, and services. Expanding across Virginia, West Virginia, and Maryland, we are devoted to the health of all who call our 18-county area home. A vital resource for healthcare, we are the region’s largest employer, a dependable community partner, and are at the leading edge of clinical innovations.
We are looking for passionate, innovative, and caring people who will each bring their unique skills and perspectives to our workplace. We celebrate, support, and thrive on our differences for the benefit of our employees, our patients, and the communities we serve. We are neighbors caring for neighbors, and our goal is always to help those we serve get well, feel well, and stay well.