VP of Finance Operations and Analytics

UCHealth - Cincinnati, OH

Full-time - Senior

Cincinnati, OH

Hospitals

About the position

The Vice President of Finance Operations & Analytics at UC Health is a senior leadership role that reports directly to the Chief Financial Officer. This position is crucial for promoting the financial sustainability of the healthcare organization by overseeing advanced financial analytics, service line performance, and ensuring the financial integrity of new and expanded services. The ideal candidate will leverage their strong background in healthcare financial analytics and clinical operations to enhance profitability and drive value-based care initiatives.

Responsibilities

• Develop and implement comprehensive financial models to analyze profitability across various service lines.
• Utilize advanced data analytics tools to support decision-making and strategic planning.
• Monitor and evaluate financial performance of service lines, identifying areas for improvement and optimization.
• Collaborate with clinical and operational leaders to enhance service line profitability.
• Prepare detailed financial projections and pro-formas for potential new services or expansions.
• Assess market trends and financial implications to provide strategic recommendations.
• Oversee all finance operational functions, ensuring accuracy and compliance with accounting standards and regulations.
• Lead efforts in optimizing financial processes and systems for increased efficiency.
• Develop and maintain comprehensive cost accounting systems to monitor cost per case across various departments.
• Provide insights and recommendations for cost containment and efficiency improvements.
• Serve as the primary liaison with Executive Directors of Business Administration (EDBAs) to align financial strategies with business objectives.
• Collaborate with clinical leadership to integrate financial strategies with value-based care and quality improvement initiatives.
• Monitor performance metrics and financial outcomes related to value-based programs.
• Prepare and ensure timely filing of Medicare cost reports in compliance with federal regulations.
• Ensure complete and accurate governmental enrollments and PECOS filings.

Requirements

• Bachelor's Degree in Finance or related field.
• 6 - 10 years of equivalent experience in healthcare financial analytics and clinical operations.

Benefits

• Opportunities for professional development and career growth.
• Collaborative work environment with a focus on innovation and quality care.