Job description
Texas Health Physicians Group features an extensive network of primary care physicians and support staff united in a common goal: keeping you healthy, happy and fully immersed in life. We practice evidence-based medicine, with an emphasis on prevention and education to empower you to take charge of your health. With more than 1,000 providers and other medical professionals in over 300 locations, our highly skilled team covers the full range of health needs you may face. From primary care medicine to OB/GYN, cardiology and hospice care, we are dedicated to serving you and your family throughout a lifetime of changing medical needs.
The Entity Finance Officer THPG reports directly to the SVP Financial Planning & Analysis and Ambulatory Operations and has a dual reporting relationship to the President of THPG. The role serves as the financial officer for the physician enterprise and routinely interfaces with members at the highest management level. The position participates in strategic and operational planning and new business development. The position is responsible for the selection of and leading of the financial analysis, budgeting and forecasting, and time keeping staff for THPG as well as provider compensation and data analytics.
Essential Functions:
- Develop, implement, and report on provider compensation. Create provider compensation policies and will monitor and track provider minimum work standards and quality measures. Develop new comp models based upon changing market dynamics.
- Complete annual 3-year plan and budget as well as quarterly forecasts for THPG and THBC operations.
- Responsible for the Annual Capital Budget as well as tracking and monitoring of the spend.
- Development, installation, and operation of appropriate financial systems and internal control to assure the assets of the business unit are properly protected.
- Ability to anticipate and model what changes in reimbursement will mean for the organization.
- Matrix relationships with centralized accounting, central business office, and compliance and privacy.
- Responsible for monthly revenue analysis and recognition utilizing the Crowe RCA tool.
- Responsible for monthly review of revenue cycle activities with Professional Billing team.
- Oversight of the THPG timekeeping function.
- Work with SWHR on ACO and other non-fee-for-service reimbursement arrangements.
- Oversees preparation and is responsible for the review of pro forma work related to physician recruitment.
- Protecting the tax-exempt status of the organization and assuring operations are conducted with the limits of all local, state, and federal statutory requirements and limitations.
- Assist Operations in identifying opportunities to improve financial performance.
- Key member of the THPG leadership team.
- Presents financial results at the THPG Board of Trustee meetings.
Individuals must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This role requires the ability to solve problems, think outside the box, and be resourceful; must be result-oriented, a quick learner and a self-starter. The requirements listed below are representative of the knowledge, skill, and/or ability required to build THR's culture for action.
Background, Qualifications and Experience:
- Bachelor’s degree in Accounting or Finance required.
- Master’s degree in Business Administration preferred.
- Minimum 10 years financial management experience required.
- CPA upon hire preferred.
- Possess excellent financial and analytical skills; experience in multi-specialty physician practice operations including design of provider compensation programs; experience with ACO arrangements; ability to communicate and partner across the organization
Desired Personal Characteristics:
- Strong relationship builder, communicator and negotiator with experience leading successful diverse teams; ability to foster an environment of shared accountability
- A thoughtful change agent. Keeps a level head and can forge agreements or compromises with others to get decisions made and keep critical initiatives moving forward.
- Anticipates and pushes change through the organization, equipping staff to adapt quickly. Facilitates holistic thinking/problem solving and integrates efforts and results.
- An exceptional orientation to action and results without an overbearing or overly aggressive personal style
- Highly analytic with the ability to integrate efforts to achieve goals
- Outstanding intellectual and emotional capabilities, as well as maturity and judgment with excellent communication skills.
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