Business Manager, OR - Full Time - Day Jobs in Holmdel at Hackensack Meridian Health

Overview

Our team members are the heart of what makes us better.

At Hackensack Meridian Health we help our patients live better, healthier lives — and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. It’s also about how we support one another and how we show up for our community.

Together, we keep getting better - advancing our mission to transform healthcare and serve as a leader of positive change.

The Business Manager, OR is responsible for the overall business operations of the Surgical Services Departments including the Operating Room and perioperative services, SPD and the Ambulatory Care Center. Responsible for information and fiscal management including data analysis and utilization, fiscal forecasting and day to day management of business operations and scheduling. Responsible for developing and managing the budget for assigned areas, including monitoring and analyzing key financial indicators and performance metrics. This includes modifying business activities as needed in response to changing financial situations.

Responsibilities

A day in the life of a Business Manager, OR at Hackensack Meridian Health includes:

• Reporting to the Director of Surgical Services and working closely as a member of the management team, facilitates the integration, management, and data needs for all of Perioperative Services for the hospital campus.
• Takes a leadership role, working with the physicians, supervisory, and non-supervisory staff to integrate the organizational perspective in local operating areas to achieve high levels of patient, physician, and team member satisfaction.
• Ensures the appropriateness of expenditures and all contract agreements. Provides on-going interpretation of financial and clinical data for service and medical staff to facilitate understanding the impact of their clinical/service practice to the financial goals of the organization.
• Reports trends in data which reflect systems issues. Prepare complex independent analytical studies and projects and advise senior management regarding finances, reports and other business activities.
• Develops information tracking systems, preparing and displaying data concerning operations, improvement initiatives, and system changes
• Monitors divisional and departmental charge masters, billing, budget and variance reports, providing recommendations for improvement, simplification, compliance, etc
• Works with coders and financial resources to ensure accurate billing, rapid turn-around, and tracking of volume, expenses and quality service delivery.
• Prepares financial analyses for daily operations as well as special projects as required
• Involved in the development and/or management of budget for assigned areas. Regularly monitors relevant key financial indicators and performance metrics, modifying business activities where needed in response to changing financial situations.
• Responsible for overseeing the day-to-day business operations including budget, contracts, charge master, analysis for program development, reimbursement changes, and informatics support of the current electronic documentation program for the perioperative areas
• Participates in preparing and evaluating current financial and inventory practices, charge audits, and statistical analysis of procedure costs and OR utilization
• Manages and/or assists in the recruitment, development and supervision of team members. Creates and sustains an environment that fosters team member engagement. Establishes clear objectives tied to department and/or organizational strategic goals. Coaches, counsels and evaluates performance of direct reports.
• Other duties and/or projects as assigned.
• Adheres to HMH Organizational competencies and standards of behavior.

Qualifications

Education, Knowledge, Skills and Abilities Required:

• Bachelor's degree.
• Four (4) or more years of business management experience.
• Ability to manage division budgets.
• Knowledge of surgeon and/or general physician practice operations.
• Excellent interpersonal, leadership, and motivational skills including group facilitation and team building skills.
• Critical thinking, program development, and project management skills.
• Demonstrates customer service skills.
• Demonstrates emotional maturity and ability to function effectively when under stress.
• Excellent written and verbal communication skills.
• Proficient computer skills that include but are not limited to Microsoft Office and/or Google Suite platforms.

Education, Knowledge, Skills and Abilities Preferred:

• MBA.

If you feel that the above description speaks directly to your strengths and capabilities, then please apply today!

Compensation
Starting at $106,329.60 Annually

HMH is committed to pay equity and transparency for our team members. The posted rate of pay in this job posting is a reasonable good faith estimate of the minimum base pay for this role at the time of posting in accordance with the New Jersey Pay Transparency Act and does not reflect the full value of our market-competitive total rewards package.

The starting rate of pay is provided for informational purposes only and is not a guarantee of a specific offer. Posted hourly rates may be stated as an annual salary in the offer and posted annual salaries may be stated as an hourly rate in the offer, depending on the level and nature of the job duties and credentials of the candidate. The base compensation determined at the time of the offer may be different than the posted rate of pay based on a number of non-discriminatory factors, including but not limited to:

• Labor Market Data: Compensation is benchmarked against market data to ensure competitiveness.
• Experience: Years of relevant work experience.
• Education and Certifications: Level of education attained, including specialized certifications, credentials, completed apprenticeship programs or advanced training.
• Skills: Demonstrated proficiency in relevant skills and competencies.
• Geographic Location: Cost of living and market rates for the specific location.
• Internal Equity: Compensation is determined in a manner consistent with compensation ranges for similar roles within the organization.
• Budget and Grant Funding: Departmental budgets and any grant funding associated with the job position may impact the pay that can be offered.

Some jobs may also be eligible for performance-based incentives, bonuses, or commissions not reflected in the starting rate. Certain positions may also be eligible for shift differentials for work performed on evening, night, or weekend shifts.

In addition to our compensation for full-time and part-time (20+ hours/week) job positions, HMH offers a comprehensive benefits package, including health, dental, vision, paid leave, tuition reimbursement, and retirement benefits.

HACKENSACK MERIDIAN HEALTH (HMH) IS AN EQUAL OPPORTUNITY EMPLOYER

All qualified applicants will receive consideration for employment without regard to age, race, color, creed, religion, sex, sexual orientation, gender identity or expression, pregnancy, breastfeeding, genetic information, refusal to submit to a genetic test or make available to an employer the results of a genetic test, atypical hereditary cellular or blood trait, national origin, nationality, ancestry, disability, marital status, liability for military service, or status as a protected veteran.

Our Network

Hackensack Meridian Health (HMH) is a Mandatory Influenza Vaccination Facility

As a courtesy to assist you in your job search, we would like to send your resume to other areas of our Hackensack Meridian Health network who may have current openings that fit your skills and experience.