GMG - Director, Finance

Opportunity Information POSITION SUMMARY

Gould Medical Group, a Central Valley based multi-specialty medical group that provides primary and specialty care in both ambulatory and hospital settings, is growing and we are seeking an experienced Director of Finance to keep our finances positioned for success. The ideal candidate for this role is an effective team leader with excellent communication and customer service skills who thrives on achieving results in a fast-paced healthcare environment.

This position reports directly to the Chief Executive Officer and is a member of the executive leadership team. The Director of Finance will join a team of high-performing professionals whose mission is to provide integrated, comprehensive, world class, patient centered medical care, while advancing medical knowledge and educating tomorrow’s physician leaders. Goal:
Serve as key Financial Advisor to GMG President/CEO and BOD to strengthen economic efficiency, viability, resilience, and independence of the medical group, assuring compliance inside current regulatory guardrails and corporate practice of medicine doctrine, without negatively impacting patient Safety/Quality or GMG’s Mission/Vision.

RESPONSIBILITIES

• Maintain financial and accounting policies/practices, assuring compliance with GAAP and applicable regulatory standards. Facilitates Finance Committee supporting Finance Chair.
• Tracks Medical Group controllable versus non-controllable costs. Oversight of physician services as related to compensation, benefits, and GMG operating costs. Cost-reduction in non-value-add areas of business.
• Assure Corporate Practice of Medicine separation and compliance with Foundation.
• Indirect, influence-based, collaborative, oversight of Foundation professional/management service agreement assuring services provided are economically reasonable within fair market valuation. Participates in joint financial planning and budgeting.
• Partner with Rev-Cycle for charge capture, coding/documentation, denials, and financial performance.
• Oversight of GMG Administrative budget, assuring reasonableness of cost and value, with external benchmarking annually.
• Internal GMG operational budgeting, and tracking.
• Compliance with IRS, CMS, Stark, Anti-kickback guardrails.
• As needed, financial modeling of current and future clinical practices and service lines.
• Analytics as needed. Transparent reporting and translation of finances to physician leaders and staff.
• Oversight of insurance coverage layers, focusing on reducing organizational risk, and increasing value.
• PSA participation annually. Assures Foundation services are economically reasonable, and do not create “de facto control” over medical decision making and physician compensation.
• Facilitates process for physician/APC compensation, market assessment, and internal equity.
• Participates in value-based care design, capitation, and shared savings. Ensure risk contracts improve physician economics rather than shifting financial burden and risk.

POSITION REQUIREMENTS

Education:

• Bachelor’s degree in accounting, finance, or relevant field required.
• Strong knowledge and experience of corporate practice of medicine, Stark, and Antikickback regulations is required. Experience with Value based payment models is desired.
• CPA or MBA preferred.

Knowledge &

Experience:

• 10+ years of experience in healthcare finance with progressively responsible management experience.
• 5+ years in leadership role in a large, matrixed organization.
• Proven competence and success in financial operations and strategic planning.
• Experience in physician practice operations and demonstrated record of developing and maintaining working partnerships with physicians.
• Experience in mergers and acquisitions and investor relations.
• Experience presenting to a Board of Directors.

Skills:

• Behave Ethically:
  Understand ethical behavior and business practices and ensure that own behavior and the behavior of others is consistent with these standards and aligns with the values of the organization.
• Communicate Effectively:
  Speak, listen, and write in a clear, thorough, and timely manner using appropriate and effective communication tools and…