NJ Employer Vice President Operations in Parsippany, New Jersey

Envision Physician Services is a national physician services company providing anesthesia, emergency medicine, hospital medicine, radiology, surgical services, and women's and children's health services. Envision Physician Services has more than 1,000 exclusive contracts with client hospitals nationwide. We have an excellent opportunity for a Vice President of Operations to join our team! POSITION SUMMARY: The Vice President Operations is responsible for the overall business operations and general management of a designated Operating Unit (OU) within the Physician Services organization. Provides development and execution of the OU operational plan, strategic plan, integration of acquisitions and organic growth. Responsible for the financial performance of the OU, client management, and management of internal client operations employees. Leads multiple projects by providing leadership and executing contract initiatives. Jointly accountable for the profitability of the OU through client retention, upgrades, pricing of OU contracts, and other overall strategies. ESSENTIAL DUTIES AND RESPONSIBILITIES: Strategic * Work in concert with Service Line operations SVP to evaluate the effectiveness of the OU, including assessing its ability to meet the company s mission, vision and long term strategic goals. * Establish an appropriate structure to meet the strategic needs of the OU and ensure that the OU structure is adaptable and can evolve as needed. * Lead the generation of clinical and economic insights, understand the market dynamics necessary to build and provide clinical and OU support. Financial * Collaborate with Finance and clinical leaders in completing and implementing annual budgets and updated forecasts. * Effectively manage financial performance by establishing appropriate methods and processes to monitor expenses, including budgets and financial reviews. Monitor monthly financial performance of all sites within the OU. Compile reports, track performance, lead meetings and keep business leaders informed of status, issues, and risks associated with each contract. * Evaluate contract service delivery, profit and loss, recommend and renegotiate changes to staffing models and/or or increases to hospital subsidies as required. * Coordinate with OU financial liaison who has responsibility for conducting analysis of contract profitability and identification of trends based on information from Revenue Cycle Management. Participate with financial liaison in monthly operations review with corporate office with emphasis on underperforming contracts. * Establish appropriate mechanisms to explain and correct variances from budget, including the most appropriate methods of communicating financial information to key internal stakeholders. Business Development, Acquisitions & Organic Growth * Provide senior management oversight and accountability for the OU effectiveness of new and existing contract initiatives. Participate in the organic growth due diligence process by reviewing and understanding proformas and the financial impact of new start up facilities. * Assist Business Development as needed by participating in business development meetings, providing required specialty-specific information, identifying target providers within and outside of local market, obtaining and disseminating pertinent information, or serving as key contact in current facilities or offices related to cross-selling or expansion of services. * Assist in evaluating sales opportunities; provide review and approval of pro-forma and new business in conjunction with the Finance team. * Establish processes to ensure the effective operationalization of organic growth contracts and acquisitions. Ensure proper assignment of Client Administration teams to acclimate new providers and groups to the organization. Implement standard work, establish budgets and on