Details
Posted: 15-Jun-22
Location: Cincinnati, Ohio
Salary: Open
Categories:
Executive
DescriptionCincinnati Children's Hospital, a nonprofit academic medical center established in 1883, is one of the oldest and most distinguished pediatric hospitals in the United States. We offer comprehensive clinical services, from treatments for rare and complex conditions to well-child care. In the 2021-2022 U.S. News & World Report survey of best children's hospitals, Cincinnati Children's ranked No. 4 among all Honor Roll hospitals.
The development of the Heart Institute at Cincinnati Children's Hospital Medical Center (CCHMC) was/is a vision for the future of cardiovascular care for children locally and nationally. The Heart Institute at CCHMC is the "change agent" that effects improvement academically, clinically, and operationally in support of institutional objectives.
The Heart Institute is currently seeking a Vice President that will be responsible for leading all administrative, operational and business functions of the institute; which include the clinical, research, educational and financial goals. This position will oversee all financial and business functions of the institute; including those related to: human resources; patient access; billing and satisfaction; the pre and post research grant award process; clinical program assessment and development; operating and capital budgeting and quality improvement as it pertains to the institute's business and financial operations.
Working with the Directors, this position will be instrumental to the establishment of the institute's business strategies and long-term plans. The institute strategic plan, and the associated metrics, are derived from a robust multi-faceted foundation characterized by a depth of talent, industry insight, an evolving infrastructure, and the confidence to take calculated risks. The role will require strong collaboration with the leadership team. This includes partnerships between faculty, operations, research, and patient services. The role requires communicating, and managing communications, laterally and vertically within the medical center in addition to the external relationships and representing the institute in multiple national forums
The elements comprising the Vice President's role, unique to the Heart Institute, encompass multi-departmental as well as multi-divisional integration for strategic planning, tactical goal execution, and daily operations. A significant structural element differentiating the Heart Institute is the integration of multiple departments (Pediatrics, Research, Surgery, Ambulatory) in common consolidated operating and capital budgets. The fiscal management scope is broader, with a corresponding necessity to engage externally at multiple points strategically, operationally, and financially during the routine execution of responsibilities.
The role of Vice President is surrounded by a highly competent team to include 3 Directors, 7 Managers, and 9 Financial Analysts.
QualificationsEDUCATION/EXPERIENCERequired:???Master's Degree in a business discipline or equivalent
???10 years of progressive experience in the areas of fiscal management and program development including operating and capital budget experience within a medical center or other related experience in a complex organization.
Preferred:???Experience with enterprise-wide systems (PeopleSoft, SAP, etc.)
???Evidence of interactions with academic enterprise as demonstrated by written, peer-reviewed publications and speaking invitation to national meetings
Unique Skills:???Financial Management Skills
Substantial experience in directing a complex financial structure and well-developed financial skills. Determining how money should be spent to achieve work goals; using cost-benefit analyses to make informed choices when preparing budgets and setting priorities; monitoring expenditures to ensure budget goals are met.
???Quality Improvement
Sound understanding of concepts of quality improvement; capable of developing, implementing, monitoring and acting on quality assessment and improvement controls.
???Leadership
Demonstrated effectiveness in the leadership of professional personnel in a large organization.
???Relationships
Organizational ability sufficient to plan and control operations that utilized specialized personnel.
???Collaboration
Working collaboratively with others to achieve group goals; proactively adjusting one's style and efforts to complement those of others on the team; being pleasant, agreeable, and easy to work with; valuing group success as much or more than individual success.
???Strategic/Systems Thinking
Formulating credible, effective, long-range strategies to attain overarching organizational objectives; anticipating future trends, as well as potential threats or opportunities; accurately predicting how strategies will play out.
???Ambiguity Tolerance
Effectively handling uncertainty; creating structure and focus in the face of ambiguity; taking effective action without having complete understanding and knowledge of the total picture or all the facts.
???Business Acumen
Sharp business acumen and strong understanding of economics.
???Communication - Advanced:
Excellent verbal, written and interpersonal communication skills