Money Fit by DRS
Chief Administrative Officer
Money Fit by DRS, Rahway, New Jersey, us, 07065
Chief Administrative Officer - Robert Wood Johnson University Hospital RahwayJob Overview:
The Chief Administrative Officer (CAO) at Robert Wood Johnson University Hospital (RWJUH) Rahway will develop, execute, and drive the hospital s strategic and operational plan, ensuring alignment with enterprise objectives, while also addressing local community population and patient needs. The CAO will provide strategic leadership and oversight for the hospital and work closely with other senior leaders to ensure the efficient and effective delivery of exceptional, patient centered care and safe, high-quality access and outcomes.Reports to:
The Chief Administrative Officer (CAO) at Robert Wood Johnson University Hospital Rahway reports directly to the Executive Vice President, President, Northwest Region.Qualifications:Master's Degree from an accredited college or university in healthcare administration, business administration or other related disciplineMinimum of 10 years of healthcare experience, including five years of executive leadership within a community hospital that is a member organization of a larger, multi-hospital systemProven track record of success in hospital and/ service line operationsPrior experience leading within a matrixed organizational structure and managing physician relationshipsExperience with budgeting and financial planning processesEssential Functions:Achieve the highest level of performance in RWJUH Rahway operating units. Establish, monitor, and manage strategies to ensure productivity, operational and financial performance, and patient throughputDevelop strategic initiatives necessary to integrate and expand services, as well, as add potential new services to meet the growing healthcare needs of the RWJBarnabas Health communityEnhance the quality, access, safety, and efficiency of patient services and increase patient satisfaction with a focus on performance excellence and high reliabilityLeverage technology and data to continually measure results, improvements, and successes through key performance metricsWork collaboratively with senior leaders to align clinical practice, safety, value-based initiatives, hospital, network, and system goalsCollaborate on managing revenue cycle, including billing services, ensuring appropriateness and timeliness of reimbursement, maintenance of policies and procedures related to professional and hospital fees, billing practices and data standards, monitor performance of internal billing processesOversee the hospital's financial planning, budgeting, and forecasting processes, ensuring compliance with regulatory requirements and achieving financial targetsFoster robust, meaningful, and mutually beneficial relationships with community partners and physician members. This includes representing the hospital and system in local and national organizations and helping to recruit and retain high-quality physiciansIn collaboration with Human Resources, recruit, develop, retain, and enhance employee engagement and foster a culture of collaboration and enthusiasmEnsure compliance with regulatory requirements, including accreditation standards, Joint Commission regulations, and HIPAA guidelinesKnowledge, Skills, and Abilities:Established business sense
Strong business insight, sophisticated knowledge of healthcare funding, and experience in competitive marketplaces with the ability to make complex and difficult decisionsKnowledge of healthcare regulations, laws, and industry trends
Ability to operate in a matrixed organization
Highly developed communication, influencing, and negotiation skills, particularly with physicians and executives
Leadership of high-performing teams
A record of recruiting, training, and mentoring employees. A reputation for sustained inclusive, trust-based physician relations through understanding of physician viewpoints and needsSkill using and analyzing information systems to quickly recommend opportunities for optimization and efficiencyFacilitates a shared understanding of objectives that enable teams to set and meet goals
Effectively collaborates and operates as a change agent
Promotes collaboration and partnership among multiple parties inside RWJUH Rahway and RWJBarnabas HealthBuilds and leverages a network of relationships that are important to the organization and its stakeholdersFrames and translates the mission and vision of RWJUH Rahway and RWJBarnabas Health to everyday workReinforces and embeds new thinking and a change mindset throughout the organization
Drives results
Continuously evolves and innovates RWJUH Rahway s operations in ways that significantly improve measurable resultsImproves processes and embeds cutting-edge solutions to elevate quality and productivity, ultimately serving patientsEnables higher team and stakeholder performance by incrementally improving approaches based on calculated risksBenchmarks performance of RWJUH Rahway against industry best practices
Other Duties:Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.Additional Information:Benefits and Perks:At RWJBarnabas Health, our market-competitive Total Rewards package provides comprehensive benefits and resources to support our employees physical, emotional, social, and financial health.Paid Time Off (PTO)Medical and Prescription Drug InsuranceDental and Vision InsuranceRetirement PlansShort & Long Term DisabilityLife & Accidental Death InsuranceTuition ReimbursementHealth Care/Dependent Care Flexible Spending AccountsWellness ProgramsVoluntary Benefits (e.g., Pet Insurance)Discounts Through our Partners such as NJ Devils, NJ PAC, Verizon, and more!Choosing RWJBarnabas Health!RWJBarnabas Health is the premier health care destination providing patient-centered, high-quality academic medicine in a compassionate and equitable manner, while delivering a best-in-class work experience to every member of the team. We honor and appreciate the privilege of creating and sustaining healthier communities, one person and one community at a time. As the leading academic health system in New Jersey, we advance innovative strategies in high-quality patient care, education, and research to address both the clinical and social determinants of health.RWJBarnabas Health aims to truly make a unique impact in local communities throughout New Jersey. From vastly improving the health of local residents to creating educational and career opportunities, this combination greatly benefits the state. We understand the growing and evolving needs of residents in New Jersey whether that be enhancing the coordination for treating complex health conditions or improving community health through local programs and education.
RWJBarnabas Health is an
#J-18808-Ljbffr
The Chief Administrative Officer (CAO) at Robert Wood Johnson University Hospital (RWJUH) Rahway will develop, execute, and drive the hospital s strategic and operational plan, ensuring alignment with enterprise objectives, while also addressing local community population and patient needs. The CAO will provide strategic leadership and oversight for the hospital and work closely with other senior leaders to ensure the efficient and effective delivery of exceptional, patient centered care and safe, high-quality access and outcomes.Reports to:
The Chief Administrative Officer (CAO) at Robert Wood Johnson University Hospital Rahway reports directly to the Executive Vice President, President, Northwest Region.Qualifications:Master's Degree from an accredited college or university in healthcare administration, business administration or other related disciplineMinimum of 10 years of healthcare experience, including five years of executive leadership within a community hospital that is a member organization of a larger, multi-hospital systemProven track record of success in hospital and/ service line operationsPrior experience leading within a matrixed organizational structure and managing physician relationshipsExperience with budgeting and financial planning processesEssential Functions:Achieve the highest level of performance in RWJUH Rahway operating units. Establish, monitor, and manage strategies to ensure productivity, operational and financial performance, and patient throughputDevelop strategic initiatives necessary to integrate and expand services, as well, as add potential new services to meet the growing healthcare needs of the RWJBarnabas Health communityEnhance the quality, access, safety, and efficiency of patient services and increase patient satisfaction with a focus on performance excellence and high reliabilityLeverage technology and data to continually measure results, improvements, and successes through key performance metricsWork collaboratively with senior leaders to align clinical practice, safety, value-based initiatives, hospital, network, and system goalsCollaborate on managing revenue cycle, including billing services, ensuring appropriateness and timeliness of reimbursement, maintenance of policies and procedures related to professional and hospital fees, billing practices and data standards, monitor performance of internal billing processesOversee the hospital's financial planning, budgeting, and forecasting processes, ensuring compliance with regulatory requirements and achieving financial targetsFoster robust, meaningful, and mutually beneficial relationships with community partners and physician members. This includes representing the hospital and system in local and national organizations and helping to recruit and retain high-quality physiciansIn collaboration with Human Resources, recruit, develop, retain, and enhance employee engagement and foster a culture of collaboration and enthusiasmEnsure compliance with regulatory requirements, including accreditation standards, Joint Commission regulations, and HIPAA guidelinesKnowledge, Skills, and Abilities:Established business sense
Strong business insight, sophisticated knowledge of healthcare funding, and experience in competitive marketplaces with the ability to make complex and difficult decisionsKnowledge of healthcare regulations, laws, and industry trends
Ability to operate in a matrixed organization
Highly developed communication, influencing, and negotiation skills, particularly with physicians and executives
Leadership of high-performing teams
A record of recruiting, training, and mentoring employees. A reputation for sustained inclusive, trust-based physician relations through understanding of physician viewpoints and needsSkill using and analyzing information systems to quickly recommend opportunities for optimization and efficiencyFacilitates a shared understanding of objectives that enable teams to set and meet goals
Effectively collaborates and operates as a change agent
Promotes collaboration and partnership among multiple parties inside RWJUH Rahway and RWJBarnabas HealthBuilds and leverages a network of relationships that are important to the organization and its stakeholdersFrames and translates the mission and vision of RWJUH Rahway and RWJBarnabas Health to everyday workReinforces and embeds new thinking and a change mindset throughout the organization
Drives results
Continuously evolves and innovates RWJUH Rahway s operations in ways that significantly improve measurable resultsImproves processes and embeds cutting-edge solutions to elevate quality and productivity, ultimately serving patientsEnables higher team and stakeholder performance by incrementally improving approaches based on calculated risksBenchmarks performance of RWJUH Rahway against industry best practices
Other Duties:Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.Additional Information:Benefits and Perks:At RWJBarnabas Health, our market-competitive Total Rewards package provides comprehensive benefits and resources to support our employees physical, emotional, social, and financial health.Paid Time Off (PTO)Medical and Prescription Drug InsuranceDental and Vision InsuranceRetirement PlansShort & Long Term DisabilityLife & Accidental Death InsuranceTuition ReimbursementHealth Care/Dependent Care Flexible Spending AccountsWellness ProgramsVoluntary Benefits (e.g., Pet Insurance)Discounts Through our Partners such as NJ Devils, NJ PAC, Verizon, and more!Choosing RWJBarnabas Health!RWJBarnabas Health is the premier health care destination providing patient-centered, high-quality academic medicine in a compassionate and equitable manner, while delivering a best-in-class work experience to every member of the team. We honor and appreciate the privilege of creating and sustaining healthier communities, one person and one community at a time. As the leading academic health system in New Jersey, we advance innovative strategies in high-quality patient care, education, and research to address both the clinical and social determinants of health.RWJBarnabas Health aims to truly make a unique impact in local communities throughout New Jersey. From vastly improving the health of local residents to creating educational and career opportunities, this combination greatly benefits the state. We understand the growing and evolving needs of residents in New Jersey whether that be enhancing the coordination for treating complex health conditions or improving community health through local programs and education.
RWJBarnabas Health is an
#J-18808-Ljbffr