Company Statement
For the last 80 years, EmblemHealth has been taking care of New York’s heart and soul, its people. Today, health care is more complex than ever. That’s why we’re at the forefront of change. We work alongside our customers to offer access to high-quality, affordable care, help navigate the health care experience, and make good health achievable; because everyone deserves to be taken care of. We deliver on our mission every day by living our values with our colleagues, members, clients and partners. It begins with caring and respecting all those we work with. We believe a culture of diversity and inclusion is vital to serve our unique and diverse customers. We seek for continues improvement and innovation and believe being agile and nimble is our advantage. We bring a strong sense of partnership to every relationship – internally and externally. The EmblemHealth family of companies offers competitive health, welfare, and retirement benefits as well as incentive pay plans and more.
Vice President, Finance
Summary of Position
• Leads financial planning of short- and long-term business strategy for AdvantageCare Physicians, establishing business objectives and developing action plans to support the objectives. Develops annual budget for ACPNY practice; partnering with EmblemHealth leadership team to develop integrated delivery system budget. Produces revised forecasts based on the performance of, and changes to, these action plans. Responsible for ensuring that ACPNY corporate budget targets are met through strategy implementation and risk mitigation.
• Leads design and implementation of new AdvantageCare Physicians physician compensation strategy. Manages Finance staff responsible for administering existing compensation program to 400+ employed clinical providers. Includes calculation of semi-annual update of compensation, along with communication of detailed scorecards to all providers.
• Leads all AdvantageCare Physicians financial activities consistent with the corporate practice of medicine in a payor/provider management function. Develops comprehensive financial stability strategy for AdvantageCare Physicians. Partners to develop new integrated financial reporting (medical office P&Ls, primary care and specialty care specific scorecards) to support leadership, providers and staff.
• Promotes continued financial sustainability and long-term sustainability by ongoing assessment of strategic initiatives to ensure a sustainable, scalable, and cost-efficient operational infrastructure. Performs rigorous financial analysis to support short-term objectives and long-term strategic decision making.
• Identifies contracting opportunities with external specialty provider partners, to reduce Inpatient and Outpatient expenses for our patient population. Partners with internal and external Network Contracting partners to secure these opportunities.
• Leads procurement function and team, as well as corporate finance including accounting, tax, treasury, audit and internal controls.
• Leads oversight of payor portfolio balancing and re-contracting efforts, aiming to identify both income generation opportunities and expense reduction strategies, including financial structuring of new value-based arrangements and incentive programs. Represents AdvantageCare Physicians in discussions with external parties and negotiates for the company’s best interests. Works with internal and external market intelligence partners to achieve improved reimbursement rates.
Deliverables
• Make significant contributions towards AdvantageCare Physicians short- and long-term business initiatives which include improving finances, driving profitable growth and meeting budget targets and Net Promoter Score performance.
• Identify, hire, & train team members, developing them into strong leaders and creating high-performing, self-directed teams. Effectively plan for succession, ensuring a talent pipeline.
• Act as change agent to drive and effect organizational change ensuring key deliverables are met.
EDUCATION AND RELEVANT EXPERIENCE :
• Bachelor’s degree in finance, account or related field; Master’s preferred
• 12-15 years related experience in healthcare management
• Experience working with a hospital organization, health care system, physician group and/or managed care organization
• Excellent communication (verbal, written, and presentation) skills
• Strong analytical skills
Security Disclosure
If you are offered a job from one of the EmblemHealth family of companies that includes ConnectiCare, AdvantageCare Physicians, and WellSpark, the offer confirmation email will come from “HRTalentAcquisition” with the subject line: “Offer of Employment for (job title)” – Please respond online”.
We never ask you to join a Google Hangout, request you to purchase your own equipment or pay to apply. We do not send email from a third-party email service such as Yahoo or Gmail.
Pay Disclosure
A good faith estimate of the compensation range for individuals hired to work for the EmblemHealth Family of Companies is provided. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilities of the position, the candidate’s work experience, education/training, internal peer equity, and market and business considerations. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. It is not typical for an individual to be hired at or near the top of the range, as compensation decisions depend on each case’s facts and circumstances. Union roles covered by a collective bargaining agreement will compensate in accordance with the union contract.
EEOC Statement
We are committed to leveraging the diverse backgrounds, perspectives, and experiences of our workforce to create opportunities for our people and our business. We are an equal opportunity/affirmative action employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity or expression, pregnancy or related condition, marital status, national origin, disability, protected veteran status or any other characteristic protected by law.
Sponsorship Statement
Depending on factors such as business unit requirements, the nature of the position, cost and applicable laws and regulations, EmblemHealth may provide work visa sponsorship for certain positions.