Under the general direction of the Deputy Managing Director (DMD), Health Care Finance and Solutions (HCFS), the Executive Director(ED) for Federal Claiming, is responsible for providing leadership, direction and guidance in designated operations and support services including sales and business development, consulting, product development, service delivery and evaluation. This position will monitor and address current revenue business services while providing an environment conducive to innovating and business expansion/development through program development, planning, service delivery and integration of the University's expertise and competencies within ForHealth Consulting/UMass Chan Medical School (UMass Chan). Specifically, the Executive Director will manage operational activities that achieve revenues totaling $1.5 billion dollars annually for HCFS clients and provide leadership to over 100 employees within the Federal Claiming business line. Revenue sources include federal, state, private insurance plans, and private payers for various service delivery settings, including hospitals, community-based programs, medically necessary services provided in school or local board of health setting as well as expenditures related to Medicaid administrative activity.
The ED leads and facilitates the strategic direction of core HCFS Federal Claiming operations, business service expansion, consulting, and technical assistance opportunities, across the service continuum and age lifespan, including cross-departmental, collaborative solutions. This position is responsible for the management, oversight and expansion of margin generating product lines, operations, and consulting for a high volume of private local, state and/or federal contracts. The ED will align current operational and new business priorities for HCFS to the goals articulated in the UMass Chan and ForHealth Consulting strategic plans to ensure the proper allocation of capital, talent, and operating expenditures as well as promote business expansion and growth.
Responsibilities
o Providing financial oversight to all designated product lines.
o Monitoring and participating in budget forecasting and development of new business P&Ls and pricing structures.
o Developing and implementing strategic plans that promote the growth in out-of-state revenue generation.
o Present information and updates to HCFS and Executive leadership related to business development strategy, new products or services, new contracts or contract leads, department goals and objectives as well any operational risks.
REQUIRED EDUCATION
Master's Level Degree or equivalent in business, health services, or health administration.
REQUIRED WORK EXPERIENCE
10 + years of experience in increasingly senior managerial and executive positions preferably in health care finance, medical billing, federal claiming.
Strong commitment to public service with an entrepreneurial attitude, balanced with the ability to respect, galvanize, organize and coordinate constituent groups.
Proven administrative and management ability in a complex environment, preferably health care or other related service industry.
Demonstrated performance in strategic and financial planning and analysis.
Demonstrated ability to perform within budgetary constraints delivering a consistently break-even or profitable bottom line.
Substantial business development experience, program development and strategic planning experience.
Superb ability to interpret market trends including federal initiatives related to identifying business development and new product development ventures.
Comprehensive experience in understanding scope of service drafting for business and other agreements.
Contract writing, contract management, training and public speaking experience necessary.
Demonstrated ability working with healthcare professionals, excellent written, verbal and interpersonal skills.
Working knowledge of Microsoft Office Applications.
PREFERRED WORK EXPERIENCE
Substantial experience working with state governments and public agency leaders, in roles requiring senior level responsibility.
Deep expertise in the public health business sector including state and federal agencies (Medicare, Medicaid and state and federal regulations).
Experience and expertise in managing enterprise level projects and domains.
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