Special Selection Applicants: Apply by 02/15/2019. Eligible Special Selection clients should contact their Disability Counselor for assistance.
As a key member of the UC San Diego Health Population Health Services Organization (PHSO) leadership team the Chief Financial Officer, Population Health (CFO) directs financial operations and collaborates in the development and execution of the PHSO strategy. The CFO is responsible for consolidated financial reporting and forecasting including ACO and CIN
Additional responsibilities include Board and Committee reporting, financial relationships with community-based networks, financial support of other population health strategic initiatives. All duties and responsibilities are carried out in conformance with Generally Accepted Accounting Principles and University policies. The CFO ensures effective utilization of PHSO resources and works with operational teams to implement plans to improve operational and financial performance.
Duties and Responsibilities: Directs the financial services including consolidated budgeting, reporting, forecasting and analysis for the Population Health Services Organization of UCSD. Ensures financial statements and operational reports are prepared in a timely, accurate fashion. Identifies medical cost trends and develops and supports the implementation of medical cost improvement initiatives. Oversees and validates pricing models and lead initiatives to identify inefficiencies and areas of development and improvement. Directs health plan analytical needs and coordinates a reporting strategy. Acts as the financial liaison to the ACO and CIN Boards. Evaluates and makes recommendation regarding health system payor contracts, recommends health system contracting strategies.
Collaborates with and advises the Chief Contracting Officer on setting rates and Division of Financial Responsibility for risk based contracting activities and coordinates actuarial analysis. Identifies financial/operational problems and performance improvement opportunities, as well as new program needs, and prepares and implements solutions. Develops and utilizes staff to effectively support new and ongoing programs and collaborates with the Health System support departments. Jointly with UCSD Compliance Officer, ensures financial and accounting compliance with state and federal regulations and system policies and procedures.
Consolidate budgets, forecasts and operating plans and evaluates performance against same. Plans, coordinates and maintains integrated business and financial plans and analyzes the PHSO's s short and long-term financial position as a standalone entity and as part of the Health System. Makes recommendations regarding the ongoing organization, integration and effectiveness of the various business functions within the organization. Maintains an in-depth knowledge of the changing health plan and managed care environments, payment practices/regulations and their impact on the organization. Provides leadership, education, advice and counsel to management, faculty and staff as relates to health plan/managed care financial management and performance.
Works with the Health System CFO to develop and implement business plans, system financial policies, systems and controls that protect corporate assets and ensures the division achieves its business and financial goals. Develops, implements and maintains performance standards, measurements and instruments that effectively review and appraise the soundness, adequacy, and application of operating and finance controls, and ensures that approved plans are accomplished. Establishes and maintains an effective organization; directs the selection, employment, compensation and evaluation of all staff in areas of direct responsibility and participates in these activities in areas where (s)he has a coordinative/supportive role. Ensures timely achievement of stated plans and goals and develops action plans for needed change in areas where goals are not being achieved.
A Bachelor's Degree in Accounting, Finance, Business, Health Administration or related field; or equivalent combination of education and experience.
Ten (10) year executive financial leadership experience in a health plan, population health services organization or health insurance company is required. In depth understanding of all elements of health care delivery, including strategy, business planning, operations, finance, and practice plan management including professional compensation is also required.
Technical and financial skill should include: expertise in IBNR and actuarial analysis, building financial dashboards in a risk environment, financial modeling skills, statistical and analytical skills, development and management of operational and
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