Strength Through Diversity
Ground breaking science. Advancing medicine. Healing made personal.
Roles & Responsibilities:
The Business Administrator provides administrative and financial support to the Movement Disorders Center’s (the Center) physician leadership and faculty members under the direction of the Vice Chair of Administration for the Department of Neurology (the Department). Directs and administers the Center by developing appropriate business plans, implements and operationalizes initiatives designed to develop, enhance, and support the Center’s clinical, research, academic and educational missions under the direction of the physician leadership and established vision of the Center aligning with the overall strategy of the Department. The Business Administrator participates in operational decision making as a member of the center’s leadership team, while overseeing budgets and operationalization of business plans including employee management and any of the other Center related activity and resources.
- Oversees and provides leadership in the development and implementation of the Center’s programs, initiatives, structures, systems, policies and procedures
- Serves as a strategic partner to the Medical co-Directors of the Center in the planning and implementation of policies and procedures, programs, and initiatives that support the mission, growth and success of Movement Disorder Center
- Serves as the Center’s representative by participating on projects as invited and requested
- Provide continued administrative and strategic support to the Center’s Medical co-Directors in support of the established goals under the overall strategy
- Oversees the coordination of all faculty members of the Center which includes appointments and promotions, recruitment, compensation, productivity, performance and other general human resources business
- In concert with the Medical co-Directors, the Business Administrator is responsible for space allocation and assessment for the Center including designing and planning for expanding space demands. Brings issues forward to appropriate senior management within the Department to address on-going space requirements
- Supports all faculty recruitment, including development of a financially sound business plans, resource allocations, space planning, and coordination of clinic, academic and ambulatory practice aiming for a successful program implementation
- Works in collaboration with respective Site Administrative Directors to manage and oversee the Center’s physicians revenue cycle which includes appointment scheduling, registration and insurance verification, front desk check in and check out, collection and posting of co-payments, charge capture and charge entry
- Participates in the establishment and implementation of short and long-range Center’s goals, objectives, policies, and operating procedures; monitors and evaluates operational effectiveness; effects change required for improvement
- Researches, identifies, and evaluates opportunities for enhancement of existing operational models and the development of new and innovative programmatic and operational systems for potential Center application
- Ensures Center’s consistency in meeting research, educational and administrative compliance standards; providing leadership and guidance to faculty and staff in matters related to the understanding of the center’s overall goals and objectives, and individual roles and responsibilities in this regard
- Serves as a key operational and policy liaison, facilitator, and coordinator, as appropriate, to clinical, research, academic, programs
- Provide financial oversight and controls; procedures and practices; and development, implementation and management of operational budgets, grants & contracts, endowment, gifts and faculty practice revenues consistent with internal and external compliance. Approve financial transactions for department
- Financial reporting, analysis, forecasting and business planning for the clinical, research and educational activities supported by the Center’s various sources of revenue.
- Develop and manage process to conduct time, effort, and productivity reviews as well as adherence to faculty compensation plan or established business plan formula
- Establish and maintain effective internal controls
- Participate in strategic planning in concert with the Center’s goals that contribute toward market growth, revenue enhancement, and cost containment while maximizing productivity
- Set a tone of leadership that is people-oriented, collaborative in nature, empowering and focused in data based decision-making
- Build an infrastructure and culture based on teamwork, open communication, prudent risk taking, innovation, mentoring and accountability
- Facilitates development of a long range strategic and financial plan for the Center to assure continued financial health for the advancement of the missions of teaching, research and clinical care
- Performs other duties as assigned by the Vice Chair of Administration
- Masters degree in business or healthcare preferred.
- The ideal candidate will have at least 5+ years of proven management ability including strong interpersonal and communication skills
- Individual must possess strong leadership, management, organizational, analytical, negotiation and conflict management skills
- Individual must have the ability to provide innovative leadership in a dynamic environment and be able to work collaboratively with varying levels of employees and faculty. Also required is a hands-on approach to operations and management as well as the ability to keep strategic initiatives in focus
- Knowledge and understanding of institutional regulations, policies, and practices
- Knowledge and understanding of medical, academic, clinical, research, and practice and billing regulatory compliance
- Administrative planning and leadership skills
- Knowledge and comprehension of the billing cycle
- Ability to foster a cooperative work environment
- Employee development and performance management skills.
- Ability to develop and implement strategic plans
- Strong interpersonal and communication skills and the ability to work effectively with a wide range of constituencies in a diverse community
- Demonstrated leadership skills in the development and implementation of complex administrative programs
- Ability to develop successful collaborative relationships at all levels within the organization
- Advanced analytical, evaluative, and objective critical thinking skills
- Knowledge of clinical operations and/or administration in a medical school environment
- Working knowledge and understanding of faculty productivity and performance measurement programs and systems
- Strong verbal and written communication skills and the ability to present information effectively to groups
- Skill in organizing resources and establishing priorities
- Knowledge of budgeting, fiscal management, and human resources management systems
- Proficient in excel and other software programs to facilitate responsibilities.
Strength Through Diversity
The Mount Sinai Health System believes that diversity is a driver for excellence. We share a common devotion to delivering exceptional patient care. Yet we’re as diverse as the city we call home- culturally, ethically, in outlook and lifestyle. When you join us, you become a part of Mount Sinai’s unrivaled record of achievement, education and advancement as we revolutionize medicine together.
We work hard to acquire and retain the best people, and to create a welcoming, nurturing work environment where you can develop professionally. We share the belief that all employees, regardless of job title or expertise, can make an impact on quality patient care.
Explore more about this opportunity and how you can help us write a new chapter in our story!
Who We Are
Over 38,000 employees strong, the mission of the Mount Sinai Health System is to provide compassionate patient care with seamless coordination and to advance medicine through unrivaled education, research, and outreach in the many diverse communities we serve.
Formed in September 2013, The Mount Sinai Health System combines the excellence of the Icahn School of Medicine at Mount Sinai with seven premier hospital campuses, including Mount Sinai Beth Israel, Mount Sinai Beth Israel Brooklyn, The Mount Sinai Hospital, Mount Sinai Queens, Mount Sinai West (formerly Mount Sinai Roosevelt), Mount Sinai St. Luke’s, and New York Eye and Ear Infirmary of Mount Sinai.
The Mount Sinai Health System is an equal opportunity employer. We promote recognition and respect for individual and cultural differences, and we work to make our employees feel valued and appreciated, whatever their race, gender, background, or sexual orientation.