Henry Ford Health System
Location
Troy, MI | United States
Job description
GENERAL SUMMARY:
Assists finance leadership with the daily operations of the Medical Education Departments within HF Health. Is responsible for the facilitation of month end financial statements, business plans and forecasting / budgeting for the departments, in addition to a broad-based knowledge of Medicare Cost Reporting, Provider Contracting as well as Faculty and Trainee effort reporting. Reports to the Vice President Finance & CFO Henry Ford Medical Group with a dotted line to the Vice President of Research & Medical Education and System Hospital Leadership.
Responsible for preparing, validating, and analyzing detailed financial information; facilitating monthly close, forecasting / budgeting and development of financial business plans, and ad-hoc analysis, within the Medical Education Departments. Performing all management functions for employee(s) directly reporting up to this position. managing cap, preparing the CMS cost report, working in association with the DIO to identify opportunities both internal and external for cap optimization across HFH.
PRINCIPAL DUTIES AND RESPONSIBILITIES:
Provide leadership and analytical support to the department.
Facilitate monthly close process, including identifying and investigating significant or unusual variances.
Identify improvements to current processes.
Facilitate forecast process for all departments and supporting initiatives within each operating unit.
Provide direction / leadership and back up to financial positions reporting directly to operational departments.
Maintain and prepare data for Medicare cost reports related to GME and IME FTEs, caps, affiliation agreements, etc.
Provide support during cost report audits for all GME and IME issues.
Educate team on CMS GME and IME regulations, proposed changeschanges, and reimbursement impacts.
Recommend changes to resident tracking system and resident rotations that will maximize CMS reimbursement.
Manage centralized allocations and make recommendations where needed.
Involvement with the System DIO to inform and strategize system finances.
Effectively multitask and manage multiple projects/assignments occurring at the same time.
Perform all management functions for an employee including formal (mid-year and year-end) evaluations and informal feedback / answering questions.
Support other analysts and directors of departments as required.
Perform other responsibilities or assignments as required.
EDUCATION/EXPERIENCE REQUIRED:
Bachelor’s Degree in Accounting, Finance or related field required
Master’s Degree and/or CPA preferred.
7 years in Finance, Accounting, or related field required.
Proficient knowledge of CMS medical education regulations.
Progressively responsible experience is preferred.
Previous supervisory and/or consulting experience is preferred.
Minimum 3 years of healthcare experience preferred.
Proficient with databases and large sets of data
In depth analytical skills
Additional Information
Organization: Henry Ford Medical Group
Department: HFMG Finance
Additional DetailsThis posting represents the major duties, responsibilities, and authorities of this job, and is not intended to be a complete list of all tasks and functions. It should be understood, therefore, that incumbents may be asked to perform job-related duties beyond those explicitly described above.
Overview
Under the leadership of President and CEO Robert G. Riney, Henry Ford Health is a $6 billion integrated health system comprised of six hospitals, a health plan, and 250+ sites including medical centers, walk-in and urgent care clinics, pharmacy, eye care facilities and other healthcare retail. Established in 1915 by auto industry pioneer Henry Ford, the health system now has 32,000 employees and remains home to the 1,900-member Henry Ford Medical Group, one of the nation’s oldest physician groups. An additional 2,200 physicians are also affiliated with the health system through the Henry Ford Physician Network. Henry Ford is also one of the region’s major academic medical centers, receiving between $90-$100 million in annual research funding and remaining Michigan’s fourth largest NIH-funded institution. Also an active participant in medical education and training, the health system has trained nearly 40% of physicians currently practicing in the state and also provides education and training for other health professionals including nurses, pharmacists, radiology and respiratory technicians. visitHenryFord.com.Benefits
Whether it's offering a new medical option, helping you make healthier lifestyle choices or making the employee enrollment selection experience easier, it's all about choice. Henry Ford Health has a new approach for its employee benefits program - My Choice Rewards. My Choice Rewards is a program as diverse as the people it serves. There are dozens of options for all of our employees including compensation, benefits, work/life balance and learning - options that enhance your career and add value to your personal life. As an employee you are provided access to Retirement Programs, an Employee Assistance Program (Henry Ford Enhanced), Tuition Reimbursement, Paid Time Off, Employee Health and Wellness, and a whole host of other benefits and services. Employee's classified as contingent status are not eligible for benefits.Equal Employment Opportunity/Affirmative Action Employer
Equal Employment Opportunity / Affirmative Action Employer Henry Ford Health is committed to the hiring, advancement and fair treatment of all individuals without regard to race, color, creed, religion, age, sex, national origin, disability, veteran status, size, height, weight, marital status, family status, gender identity, sexual orientation, and genetic information, or any other protected status in accordance with applicable federal and state laws.Job tags
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