Director Finance Massachusetts Region

The Director Finance of the Massachusetts Region provides overall leadership and oversight of hospital financial operations for Saint Anne’s Hospital and Morton Hospital. Reporting to the Vice President of Finance, the Director partners closely with the hospital President and senior leadership team as a key advisor to achieve the hospitals’ strategic, financial, and operational objectives.

The Director of Finance is accountable for operating and capital budgets, financial planning and analysis, business plan development, and the financial strategic plan and its implementation. The role works collaboratively with Brown University Health system finance, the Brown University Health Medical Group, and Revenue Cycle Management to drive positive financial results for the hospitals and the health system.

Brown University Health employees are expected to successfully role model the organization’s values of Compassion, Accountability, Respect and Excellence, as these values guide our everyday actions with patients, customers and one another.

In addition to our values, all employees are expected to demonstrate the core Success Factors which tell us how we work together and how we get things done. The core Success Factors include:
Instill Trust and Value Differences
Patient and Community Focus and Collaborate
In addition, our leaders will demonstrate an aptitude for:
Ensure Accountability and Build Effective Teams
Drive Vision and Purpose and Optimize Work Processes
By applying core and leadership competencies, leaders help Brown University Health achieve its strategic goals.

• Establish an integrated short- and long-term financial plan aligned with the hospitals’ strategic plan.
• Participate in strategic planning that supports market growth, revenue enhancement, cost containment, and productivity.
• Conduct ongoing financial assessments to anticipate challenges and identify improvement opportunities through service-line growth, revenue cycle improvement, and expense reduction.
• Lead business plan development, cost/benefit analysis, and financial projections for new programs, services, and capital investments.
• Participate with senior management in decisions on equipment purchases, lease arrangements, and facility construction.

• Lead development of the hospitals’ annual operating and capital budgets and ensure compliance with the budget process.
• Monitor and report performance to budget, explain variances, and ensure accuracy of financial information.
• Oversee volume reporting and monitor labor productivity, staffing metrics, and volume trends.
• Identify revenue and expense variances with senior leaders and guide development of corrective action plans.
• Evaluate procedures and processes to reduce operating costs and improve efficiency.

• Ensure effective revenue capture processes, systems, and documentation for chargeable services, in partnership with Revenue Cycle Management.
• Oversee reconciliation procedures in revenue-generating departments and the evaluation and approval of new revenue-generating programs.
• Partner with Quality leadership on initiatives affecting reimbursement and documentation.

• Serve as a member of the hospital senior leadership team and key financial advisor to the President of Saint Anne’s and Morton Hospital.
• Present to management and board committees, providing financial analysis and guidance; provide direct or indirect staff support to board committees.
• Keep hospital senior leadership informed of financial issues, risks, and opportunities.
• Collaborate with the Brown University Health Medical Group and bring system finance resources to bear on…