Job Description

Job Summary
The Practice Valuation Manager is responsible for conducting and overseeing collection, categorization and analysis of data related to the potential new physician employees within HMH Specialty Physician Group (HMSPG) and Houston Methodist Primary Care Group (HMPCG). The Manager is responsible for oversight of compensation and contracting changes within HMSPG and HMPCG existing staff members.

ICARE VALUES
System and department specific ICARE values

INTEGRITY: We are honest and ethical in all we say and do.
COMPASSION: We embrace the whole person including emotional, ethical, physical, and spiritual needs.
ACCOUNTABILITY: We hold ourselves accountable for all our actions.
RESPECT: We treat every individual as a person of worth, dignity, and value.
EXCELLENCE: We strive to be the best at what we do and a model for others to emulate.

JOB RESPONSIBILITIES
- Oversees and builds financial models and performs financial and valuation analysis.
-Works collaboratively with Regional and Department Administrators to facilitate timely and accurate valuations of physician practices for HMSPG and HMPCG
- Manages the proforma creation and approval process, including coordination of approvals with administrators and executive leadership
- Manages relationship with third party companies for purposes of reviewing compensation packages for physicians.
- Liaises with executive leadership to provide updates on the status of new recruiting or renewal projects.
- Participates in and/or leads client meetings and interacts with physician clients to gather data.
- Analyzes provider activity data and provide summaries based on coding patterns including identifying potential coding risks.
- Reviews financial statements including tax returns and profit and loss statements and building expense profiles for the practice.
- Compares practice operations to existing internal and external benchmarks and make recommendations for cost control opportunities.
- Reviews compensation for employed physicians and compares against productivity, compensation, and collection benchmarks.
- Serves as a liaison with Department Administrators in the process of reviewing and making recommendations on customized strategies for physician compensation.
- Formulates and presents opinions and solutions to senior leadership and defends position(s) when necessary.
- Conducts periodic reviews of the physician valuation process for purposes of recommending and making improvements to that process.
- Trains new administrators on practice evaluation processes.
- Supervises financial analysis staff and directs work activities as applicable.
- Responsible for coordinating the annual evaluations of applicable employees.
- Demonstrates the components of the ICARE values statement.
- Performs other duties as assigned.

This position description is not intended to be all inclusive, and the employee will also perform other reasonably related business duties as assigned by the immediate supervisor and other management as required. The Houston Methodist Hospital reserves the right to revise or change job duties and responsibilities as the need arises.

EDUCATION REQUIREMENTS
BBA, BS or BA with a major in Accounting, Finance, Health Care Administration, or related degree is required. MBA or Masters degree in Health Care Administration preferred.

EXPERIENCE REQUIREMENTS
Requires five years financial experience in health care, insurance and/or business industry with some leadership experience preferred.

CERTIFICATES, LICENSES AND REGISTRATIONS REQUIRED
None

SPECIAL KNOWLEDGE, SKILLS AND ABILITIES REQUIRED
- Experience with Excel and Access software.
- Strong analytical and database skills.
- Ability to analyze and manipulate data and financial reports to improve the operational and financial effectiveness of the organization.
- Must be an independent thinker.
- Must be detail oriented and should be able to develop an understanding of the data import/reimbursement calculation process as designed in-house as well as through third-party vendor software programs.
- Ability to work under pressure and balance many competing priorities.
- Proficient in spreadsheet, word-processing and presentation software.
- Ability to support teamwork and maintain a positive and supportive attitude.
- Professional handling of exposure to confidential/sensitive information.

WORKING ENVIRONMENT
Office Environment

Equal Employment Opportunity
Houston Methodist is an Equal Opportunity Employer.

Equal employment opportunity is a sound and just concept to which Houston Methodist is firmly bound. Houston Methodist will not engage in discrimination against or harassment of any person employed or seeking employment with Houston Methodist on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or other characteristics protected by law.

VEVRAA Federal Contractor priority referral Protected Veterans requested.

Company Profile
Houston Methodist Specialty Physician Group - As one of the nations leading hospitals and academic medical centers Houston Methodist has brought together some of the nations leading experts in multiple specialties to serve our patients. As part of Houston Methodist Specialty Physician Group (HMSPG), these specialists not only provide excellent clinical care, but are on the forefront of research, developing leading-edge technologies and treatments, and teaching the medical pioneers of tomorrow. This combination of clinical service, research and academics ensures patients have access to the latest in treatments and technologies while providing the best in comprehensive patient care. Established as a non-profit corporation and certified by the Texas State Board of Medical Examiners, HMSPG enables physicians to maintain autonomy with respect to their clinical practice while growing their practice within an academic environment.