Find Jobs
Find Jobs Near You – Available Work in Your Location
Skip to job details
TM
The Medical College of Wisconsin, Inc.
Practice Financial Unit Director - Unit 2 (Department of Medicine)
Career Insights for Clinical Director
See where this job fits in the broader career landscape. Knowing your career path helps you see what's possible from here.
Scorecard
Based on Wisconsin data
Review key factors to help you decide if this role fits your goals. How is this calculated?
What they do
A Clinical Director directs and manages a medical practice, clinic, hospital, or other clinical setting. Organizes and manages of staff physicians, policy implementation, and ensures that standards for medical care are communicated and maintained.
$142,576 / year median in Wisconsin
+14% projected growth
Job Description
Summary Responsible for the financial administration, business operations, and reporting activities within the designated practice unit. Through partnership with the Chair and Unit Executive Administrator, work to ensure that the Clinical Department within the Unit has adequate resources and a conducive financial framework for recruiting and retaining the highest quality faculty and staff. Works under the direction of the Associate Vice President of Finance for the Medical College Physician Practice to establish support functions, reporting mechanisms, and workflows that facilitate effective management of financial information and smooth workflow execution. Accountable for fostering and maintaining an environment conducive to peak performance in all areas of operation. Work closely with Practice Leaders, Clinical Department Leaders, MCW Leaders and other administrators and directors to ensure collaboration and alignment of goals within the Practice. Primary Responsibilities Manage the Clinical Unit's funds flow model and understand the relationship between the practice, affiliates, MCW and departmental needs to facilitate enterprise initiatives. Lead standardization and implementation of practice-wide business processes and financial operations reporting within the assigned unit. Develop appropriate control mechanisms and timely financial reporting to provide a basis for sound financial decision-making. Develop and monitor the departmental budget and strategic plans, which comprise a broad range of revenue sources. Participate in discussions with representatives of the Medical College and affiliate partners as needed. Perform and lead operational and financial reviews for Clinical Unit. Analyze, develop, design, and implement administrative systems to effectively manage billing and reimbursement, purchasing, and materials management. Ensure compliance with MCP and MCW policies and procedures. Play a key role in linking the activities of Froedtert Health and Medical College of Wisconsin's planning teams with Clinical Unit workforce plans, business plans, benchmarking, annual budgets and long-range financial plans. Direct and lead the Unit's financial analysis relative to provider workforce planning for Medical College Physicians and F&MCW Community Physicians. Monitor the success of ramp-up and support needs. Provide support/input into business development planning and market-centric strategic financial planning. Supervises staff activity, including hiring, mentoring, coaching, delegation of duties, and performance reviews. Manage the growth of staff in their appropriate roles. Oversee billing process collaborate with faculty practice billing in planning, implementing, and evaluating administrative systems associated with patient care, marketing, and affiliate contracts. Monitor the billing and collection performance for the Clinical Unit Department Ensure that Unit financial activities and policies are efficient and in compliance with the Unit and MCW policies and procedures. Serve as a resource on these policies and procedures to staff and faculty. Manage and support a team overseeing the budget development and financial administration of grants. Follow the MCW code of conduct, all laws, regulations, and policies and ensure legal compliance with governmental and grant requirements. Other duties as assigned. Knowledge
- Skills
- Abilities Understanding of financial and human resources related issues.
Minimum Required Education:
Bachelor's degreeMinimum Required Experience:
10 yearsPreferred Education:
Master's degreePreferred Experience:
Progressively responsible experience in office management with supervisory and budget management responsibilities. Experience in a medical, research, or educational environment. Physical Requirements Work requires remaining in a stationary or standing position most of the time. This job may require moving or traversing to access equipment or materials and communicate from time to time. This job may require repositioning self to move equipment or materials of moderate weight occasionally. Work Environment This job is not at risk for exposure to contaminants, airborne or blood borne pathogens. This job may experience higher than normal noise levels, but not at an extreme level. This job is not exposed to radiation or the possibility of animal bites or allergens. This job works in an indoor, environmentally controlled environment. Work is not performed outdoors or in extreme weather. Sensory Acuity Ability to detect and translate speech or other communication required. May occasionally require the ability to distinguish colors and perceive relative distances between objects. #LI-AC1 Why MCW? Outstanding Healthcare Coverage, including but not limited to Health, Vision, and Dental. Along with Flexible Spending options 403B Retirement Package Competitive Vacation and Paid Holidays offered Tuition Reimbursement Paid Parental Leave Employee & Family Assistance Program (EFAP) Pet Insurance On campus Fitness Facility, offering onsite classes Additional discounted rates on items such as: Select cell phone plans, local fitness facilities, Milwaukee recreation and entertainment etc. For a brief overview of our benefits see: Benefits Overview For a full list of positions see: MCW Careers At MCW all of our endeavors, from our internal operations to our interactions with our partners, are driven by our shared organizational values: Caring- Collaborative
- Curiosity
- Inclusive
- Integrity
- Respect.