Lucile Salter Packard Children's Hospital at Stanford
Business Manager, Cost Accounting
Lucile Salter Packard Children's Hospital at Stanford, Palo Alto, California, United States, 94306
At Lucile Packard Children's Hospital Stanford, we know world-renowned care begins with world-class caring. That's why we combine advanced technologies and breakthrough discoveries with family-centered care.
The Business Manager manages the day-to-day financial and business operational activities of the departments/service lines. The Business Manager partners closely with Financial Planning, Strategic Planning and Business Development, Decision Support Services, Purchasing and Managed Care Contracting.
Responsibilities include working with the Service Line Director on budgeting, forecasting, accounting, long range planning, pricing, negotiation, generation of contracts with outside parties, and submission of patient charges for services. The Business Manager works closely with senior management to ensure adherence to budgets.
Essential Functions
The essential functions listed are typical examples of work performed by positions in this job classification. They are not designed to contain or be interpreted as a comprehensive inventory of all duties, tasks, and responsibilities. Employees must abide by all Joint Commission Requirements including but not limited to sensitivity to cultural diversity, patient care, patient rights and ethical treatment, safety and security of physical environments, emergency management, teamwork, respect for others, participation in ongoing education and training, communication and adherence to safety and quality programs. Must perform all duties and responsibilities in accordance with the hospital's policies and procedures, including its Service Standards and its Code of Conduct. Key Responsibilities
Financial Management: Work closely with senior management to ensure adherence to budget. Collaborates to improve efficiency and cost-effectiveness of operations. Budget Development: Responsible for working with the Service Line Director to ensure the accurate development of operating and capital budgets of the department. Revenue Management: Responsible for overseeing hospital and professional fee patient billing and coding processes of the department. Business Management and Planning: In conjunction with Strategic Planning and Business Development, conducts market, financial, demographic and clinical utilization research from various software resources to support business development initiatives and strategic planning projects. Human Resources Management: Manages human resources effectively. Communicates staff and management staff performance expectations. Qualifications
Any combination of education and experience that would likely provide the required knowledge, skills and abilities as well as possession of any required licenses or certifications is qualifying. Master's degree in a work related field/discipline from an accredited college or university Five (5) years experience of progressively responsible and directly related work experience Knowledge Knowledge of financial systems, including operations, budgeting and analysis, statistics, and forecasting and modeling. Knowledge of principles and practices of organization, administration, fiscal and personnel management. Ability to develop and administer departmental budgets. Ability to develop, write, analyze and present business plans, proposals, contracts and financial analysis reports. Stanford Medicine Children's Health (SMCH) strongly values diversity and is committed to equal opportunity and non-discrimination in all of its policies and practices, including the area of employment.
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The essential functions listed are typical examples of work performed by positions in this job classification. They are not designed to contain or be interpreted as a comprehensive inventory of all duties, tasks, and responsibilities. Employees must abide by all Joint Commission Requirements including but not limited to sensitivity to cultural diversity, patient care, patient rights and ethical treatment, safety and security of physical environments, emergency management, teamwork, respect for others, participation in ongoing education and training, communication and adherence to safety and quality programs. Must perform all duties and responsibilities in accordance with the hospital's policies and procedures, including its Service Standards and its Code of Conduct. Key Responsibilities
Financial Management: Work closely with senior management to ensure adherence to budget. Collaborates to improve efficiency and cost-effectiveness of operations. Budget Development: Responsible for working with the Service Line Director to ensure the accurate development of operating and capital budgets of the department. Revenue Management: Responsible for overseeing hospital and professional fee patient billing and coding processes of the department. Business Management and Planning: In conjunction with Strategic Planning and Business Development, conducts market, financial, demographic and clinical utilization research from various software resources to support business development initiatives and strategic planning projects. Human Resources Management: Manages human resources effectively. Communicates staff and management staff performance expectations. Qualifications
Any combination of education and experience that would likely provide the required knowledge, skills and abilities as well as possession of any required licenses or certifications is qualifying. Master's degree in a work related field/discipline from an accredited college or university Five (5) years experience of progressively responsible and directly related work experience Knowledge Knowledge of financial systems, including operations, budgeting and analysis, statistics, and forecasting and modeling. Knowledge of principles and practices of organization, administration, fiscal and personnel management. Ability to develop and administer departmental budgets. Ability to develop, write, analyze and present business plans, proposals, contracts and financial analysis reports. Stanford Medicine Children's Health (SMCH) strongly values diversity and is committed to equal opportunity and non-discrimination in all of its policies and practices, including the area of employment.
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