The Transplant Finance Officer is responsible for financial operations oversight of the Transplant Institute, to include insurance compliance, charges, billing, reimbursement and all applicable policies and procedures established by CMS, UNOS, other regulatory agencies, as well as organ procurement organizations. The Transplant Finance Officer maintains a dual reporting relationship to the Keck Medical Center CFO and the Transplant Institute Associate Administrator. The Transplant Finance Officer is responsible for all finance tasks and activities in accordance with applicable regulatory requirements for CMS cost reporting. The Transplant Finance Officer will work directly with the Associate Administrator of Government Reimbursement and Reporting and KMC CFO on all cost report related issues to maintain consistent process and controls. Serves as the primary liaison with the hospital system revenue cycle and finance departments and maintains relationships with those departments that facilitate accurate and complete financial systems for the business of Transplant. In conjunction with the Transplant Administrator and Finance Department leadership oversees financial matters including budget preparation, expense monitoring, productivity monitoring, payor mix, FTE tracking/utilization, revenue tracking, and billing integrity. Works with Clinical Managers to identify, implement, and track progress of cost-savings opportunities. Identifies and pursues operations improvement opportunities especially the application of technology to improve efficiency and effectiveness. The Finance Officer will lead initiatives related to data analysis, process improvement, and strategic/operational project management, and will work closely with managers, directors, clinicians, quality leads, and other team members to develop work plans, metrics and resources to achieve the department’s strategic goals and objectives. Creates and implements models for responsible forecasting of transplant volume, reimbursement, and resource consumption. This includes promoting sound, reasonable business judgment throughout the Transplant Institute. In collaboration with Managed Care Contracting team, provides contract oversight, anticipates and forecasts the financial prospects for the Transplant Institute.The Director of Finance position will work with various fiscal and operational functions within the accounting/finance departments of Keck Medicine of USC to provide strategic and business leadership in building a shared services finance organization and process transformation. This role will create and operate a consolidated, structured, sustainable & efficient shared services model across the hospitals. Specifically, it will include standardization of accounting/fiscal functions, improving business processes and creating efficiencies through innovative solutions, with a focus on standardization, improved governance, cost containment, and revenue maximization.Essential Duties:Creates annual operating and capital budgets. Develops and distributes comprehensive financial reports on a regular basis. Generates department and service line dashboards and other reporting needs. Ensures all finance related accounting functions are performed in a timely manner.Develops and implements procedures to support successful financial performance of the program. Evaluates, develops, and implements monitoring mechanisms for financial performance, within or outside of Strata. Monitors acquisition billing and ensures charges are appropriately dropped and tracked.Works with Government Reimbursement to submit data required for the Medicare Cost Report and ensures compliance with cost report regulations, including monitoring time studies and pre-transplant charge review This will require training and continued education of transplant staff.Manages philanthropic and other funds to ensure appropriate documentation for disbursement.Completes Standard Acquisition Charge (SAC) and clinic RVU review on a regular basis and as needed.Coordinates with the dept’s office management team and Controllers Services to ensure day-to-day financial tasks are completed (i.e. processing invoices, invoicing, creating and monitoring purchase orders, etc.).Manages transplant institute payer contracts and collaborates with appropriate parties for renewal/termination/initiation including appropriateness of rates, for existing or new agreements, as well as single case agreements.Creates and submits capital requests. Monitors timely and accurate billing and collection of transplant accounts.Ensures timely and coordinated responses to UNOS and payor/network RFI requests.Optimizes and monitors the correct registration and maintenance of transplant patient accounts. Ensures compliance with all Medicare Cost Report and Insurance related regulatory requirements. Coordinates department activities with appropriate internal departments and affiliates.Provides effective Level I management/ownership of various cost centers. Coordinates with operational leads to understand relationship between operations and financials. Develops effective relationships with finance, budget, and compensation personnel across the EnterpriseDevelops dashboards to summarize and report on outcomes, volume, engagement, and other metrics. Utilizes data and benchmarks to support goals and objectives. Defines, improves, and monitors productivity standards. Provides support for analytics initiatives designed to optimize transplant outcomes and performance.Partners with leadership to advance improvement initiatives and opportunities. Continually examines ways to improve business relationships with suppliers, community, etc. and proposes ideas for how to implement improvements.Collaborates with Transplant Institute Medical Directors and Keck Medical Leadership in the development and implementation of the Solid Organ Transplant strategic plan.Provides regular, effective feedback and coaching for staff. Identifies and implements development opportunities as needed to improve performance. Collaborates with IT as needed to manage transplant’s needs. Supports departmental based quality committees as needed.Ensures integration with relevant stakeholders from other service lines throughout Keck Medicines. Identifies appropriate resources to mirror trends in patient volumes, identifying and expanding referral sources, and coordinating staffing support by ancillary departments. Maintaining familiarity with hospital strategic plan and assisting in translating elements to the service line levelPerforms other duties as assigned.Required Qualifications:Req Bachelor’s Degree Business, Economics, or Commerce, with major/emphasis in AccountingReq 5 years Professional experience in finance or related health care administration with responsibility for budget management, operations, and staff management, or equivalent.Req Proficiency with Microsoft office (i.e., Excel, Word, PowerPoint).Req Demonstrates ability to utilize effective, appropriate and diplomatic oral and written communication skills.Req Excellent oral and written communication, analytical and collaboration skills. High level of precision and attention to detail. Ability to summarize complex issues into key elementsReq Ability to work efficiently when faced with frequent interruptions.Req Transplant finance and business experience including knowledge of transplant reimbursement and working knowledge of the Medicare Cost Report as it applies to solid organ transplantation.Req Demonstrated project management skills.Preferred Qualifications:Pref Certified Public Accountant – CPARequired Licenses/Certifications: Req Fire Life Safety Training (LA City) If no card upon hire, one must be obtained within 30 days of hire and maintained by renewal before expiration date. (Required within LA City only)The annual base salary range for this position is $145,600.00 – $240,240.00. When extending an offer of employment, the University of Southern California considers factors such as (but not limited to) the scope and responsibilities of the position, the candidate’s work experience, education/training, key skills, internal peer equity, federal, state, and local laws, contractual stipulations, grant funding, as well as external market and organizational considerations.
