VP Operations and Budget R37847

Overview

Req#: R37847

Category(s): Executive Leadership, Vice President

Full Time / Part Time: Full-Time

Location: Baystate Health | Springfield, Massachusetts (Onsite)

Vice President, Budget & Operations

Are you a strategic healthcare finance leader who thrives at the intersection of operations, analytics, and mission-driven care? Baystate Health is seeking a dynamic Vice President, Budget & Operations to partner with executive, clinical, and operational leadership in driving financial performance, operational excellence, and sustainable growth across our system.

This is a highly visible role for a collaborative leader who can translate complex financial data into actionable insights, influence senior stakeholders, and support hospital and physician operations in a complex, matrixed health system.

• Direct partnership with senior system and hospital leadership
• High-impact influence on budgeting, volume planning, and operational strategy
• Opportunity to shape financial transformation in a large integrated health system
• Leadership of a talented team of financial support analysts (~15 FTEs)
• Central role in aligning hospital priorities with system initiatives.

The Vice President, Budget & Operations serves as a senior financial leader responsible for budgeting, financial performance analysis, and operational financial strategy. This role interprets financial data and collaborates with service line leaders, physicians, and administrative leaders to drive accountability, margin improvement, and operational efficiency.

The VP plays a critical role in financial projections, business plan development, capital prioritization, and financial decision support, ensuring alignment between hospital operations and system-wide strategic initiatives.

• Provide expert financial guidance to hospital and system leadership
• Support data-driven decision-making and financial discipline across operations
• Lead financial transformation initiatives and operational reviews

• Lead development and execution of the consolidated annual operating and capital budget
• Partner with clinical, service line, and medical group leadership on volume planning
• Align expense budgets with productivity, volume, and strategic priorities
• Monitor forecasts, projections, and remediation plans

• Interpret monthly financial results, KPIs, and variance analysis
• Conduct root cause analysis and present insights to executive leadership
• Utilize tools such as Strata, Syntellis, and Axiom for financial performance management

• Collaborate with physicians and clinical leaders to improve financial and operational performance
• Support service line growth, care delivery models, and productivity optimization
• Apply knowledge of RVUs, cost accounting, and healthcare reimbursement methodologies

• Serve as a liaison between hospital operations and finance shared services

• Prioritize and review capital requests aligned with strategic and financial goals
• Support business plans for new initiatives and service line expansion

• Lead and develop a high-performing finance team (approximately 15 FTEs)
• Foster a culture of accountability, collaboration, and continuous improvement
• Drive engagement in productivity and position control meetings

• Bachelor’s degree in finance, Accounting, or related field
• 10+ years of progressive financial leadership experience in healthcare
• 5+ years in a senior finance role within a hospital or integrated health system
• Strong expertise in:
  • Healthcare budgeting
  • Cost accounting
  • Productivity management
  • Decision support
  • Financial analytics in a clinical environment

• MBA, MHA, or related advanced degree preferred
• Experience with Strata, Syntellis, Axiom, or similar financial systems
• Experience supporting physician and hospital budgets

• A strong communicator who can present complex financial data to diverse stakeholders
• Highly analytical with exceptional presentation and…