Practice Administrator
Job description
JOB SUMMARY: This position works in concert with the physician owners in overseeing administrative, financial, and developmental activities of the practice.
EDUCATION AND EXPERIENCE:
1. Baccalaureate degree in business administration, health care administration, or similar.
2. At least five years of hospital or medical practice management experience, preferably within a physician practice.
3. Strong financial background with previous experience in physician office billing systems, accounts payable, general ledger, tax reporting, and budgeting.
4. Demonstrable experience in personnel management and administration of payroll systems.
5. In-depth knowledge of compliance, personnel law, workplace safety, and other regulatory issues pertaining to group practice.
ESSENTIAL SKILLS AND ABILITIES:
1. Superior interpersonal and communications skills.
2. Decisive leadership.
3. Trustworthiness.
4. Able to effectively sustain multiple simultaneous tasks.
5. Attentive to detail and accurate.
6. Ability to anticipate critical issues and design effective interventions.
RESPONSIBILITIES:
Financial Operations: Maintains appropriate oversight of practice financial operations with direct responsibility for disbursements, financial reporting, budgeting, tax reporting and compliance, and safekeeping of practice assets. Maintains supervisory responsibility for billing, collections, information systems, and insurance processing. Continually ensures optimal efficiency and profitability within the practice.
Personnel Management: Ensures effective coordination of staff efforts, provides support and assistance to supervisors, oversees supervision and training of practice staff, encourages optimal performance, and maintains compliance with standardized operating procedures and governmental regulations. Directly responsible for administration of payroll and related regulatory and tax reporting.
Communication with Physicians: Provides ongoing and timely communication to the physician owners. Coordinates physician meetings and maintains written agendas and minutes for all partnership meetings. Provides appropriate and accurate data to facilitate informed decision-making by the physicians.
Strategic Planning and Practice Development: Identifies opportunities for practice growth and revenue diversification and ensures effective implementation and subsequent management of designated priorities. Monitors developments in the local market and provides recommendations regarding appropriate responses and strategies, and ensures implementation of planning initiatives. Has supervisory responsibility for marketing efforts.
Practice Liaison: Acts as a liaison for the practice in coordinating its dealings with legal counsel, accountants, consultants, and other advisors.
Regulatory Compliance and Service Standards: Ensures appropriate regulatory compliance and quality standards in all aspects of practice services provided to patients and maintains effective methods for assessing such performance.
Referral Relations: Maintains positive and loyal relationships among referring specialists, actively solicits and resolves areas of concern, and provides appropriate training and coordination assistance for referring offices.
Payer Relations and Contract Administrator: Maintains appropriate communication with payers, sustaining positive and mutually beneficial relationships; also monitors payer contract performance and provides evaluation of potential contracting opportunities.
Facilities/EquipmentManagement: Maintains oversight partnership facilities and equipment, ensuring proper maintenance and safekeeping. Also ensures maintenance of supplies inventories and maintains appropriate processes for ordering and storage of such supplies.
Other Duties: Performs other duties and assumes various responsibilities as determined by the physician owners.
Job Type: Full-time
Pay: $80,000.00 - $120,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Employee discount
- Health insurance
- Paid time off
- Vision insurance
Schedule:
- Monday to Friday
Education:
- Bachelor's (Preferred)
Experience:
- Practice management: 3 years (Preferred)
Work Location: One location
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