Practice Administrator
Company: Baylor Scott & White Health
Location: Grapevine
Posted on: February 16, 2021
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Job Description:
Baylor Scott & White OBGYN & Endocrinologist Southlake,
Grapevine & Irving
Monday - Friday (Standard Business Hours)
JOB SUMMARY
The Practice Administrator 1 is responsible for strategic and daily
operations of a practice, or potentially multiple practices, while
balancing the daily goals of the practice(s) with the larger
strategic vision of the Group to drive results in practice
performance in all areas of Health, Experience, Affordability,
Alignment and Growth. Practices may be either primary or specialty
care services arenas. This position is responsible for all practice
areas including: revenue cycle, billing, patient experience, human
resources, budgeting, financial analysis, clinical workflows, and
recruitment.
This role typically manages the following range of clinics,
providers and staff:
1 - 2 Clinics
1 - 5 Providers
5 - 25 Staff
ESSENTIAL FUNCTIONS OF THE ROLE
Ensures practice workflows begin and end with consistent and
exceptional quality care for the patient.? Achieves system goals by
maintaining workflows that support, measure and achieve key
clinical outcomes.?Maintains an improvement mindset for the
practice and aligns the practice and provider goals with those of
the Medical Group.? Designs operational plans for practice.?
Monitors workflow for continuous improvement opportunities.???
Drives and owns the financial budget and outcome for the
practice(s). Reviews monthly financial statements to ensure revenue
and expenses are accurate. Reports and resolves any discrepancies
with Accounting.
Prepares and reviews financial data and statistical reports with
physicians monthly.? Compares practice operating expenses to
industry and internal Medical Group benchmarks.? Analyzes expenses
that exceed benchmarks and recommends and implements cost reduction
strategies.? Analyzes financial and statistical reports to propose
strategies which strengthen the financial well-being of the
practice.? Develops annual and five-year budgets using knowledge of
costs, supplies and labor.? Monitors and manages revenue cycle to
ensure maximum reimbursement for the practice.? Ensures that
demographics and charges are posted timely and accurately.? Ensures
coding changes are identified and implemented.
Works closely with Executive Committee and other stakeholders to
influence decision-making and drive performance; implements
operational plan. Works closely with lead physicians to prepare,
coordinate, record minutes, and co-facilitate monthly practice
review meetings with physicians. Implements policies, procedures
and objectives for the practice which align with the Medical Group
policies and procedures.
Acts as a liaison between the Medical Group and Practice(s) to
communicate and coordinate with various departments to resolve
operational challenges and improve quality of patient care.
Participates in designing staffing models which best optimizes
Practice workflow. Hires, develops and trains staff, including
evaluation, counseling and termination recommendation.
Provides information to physicians and other providers, community
groups, and referral agencies about practice programs and new
providers, in collaboration with the marketing team. Identifies
areas where the practice can better support the growing needs of
the community and lead initiatives to close gaps. Assists executive
committee with provider recruitment. Assists physicians with
development, practice growth, and strategic
planning/implementation. Onboards new providers to include
Physicians and Advanced Practice Providers.
KEY SUCCESS FACTORS
Minimum of?2?years previous healthcare management experience in a
physician practice setting
Operations management experience leading clinical and operational
teams required.
Financial experience, budgeting, work with spreadsheets, accounting
reporting systems and software, Excel and similar database
reporting is a plus.
A deep knowledge of all practice disciplines is required,
including: revenue cycle, billing, patient experience, human
resources, budgeting, financial analysis, clinical workflows, and
recruitment.
Able to relate to, interact with and understand personality types
and different kinds of people.
BENEFITS
Our competitive benefits package includes the following
- Immediate eligibility for health and welfare benefits
- 401(k) savings plan with dollar-for-dollar match up to 5%
- Tuition Reimbursement
- PTO accrual beginning Day 1
Note: Benefits may vary based upon position type and/or level
QUALIFICATIONS- EDUCATION - Bachelor's or 4 years of work
experience above the minimum qualification- EXPERIENCE - 2 Years of
Experience
Keywords: Baylor Scott & White Health, Grapevine , Practice Administrator, Other , Grapevine, Texas
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