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$62/hr–$83/hr
Full-time
bachelor degree
Posted 28d ago
~40 hrs/week
Responsibilities
The Business Manager oversees day-to-day financial and business operational activities, including budgeting, forecasting, and revenue management for the service line. They develop strategic business plans and monitor financial indicators to optimize profitability and operational efficiency.
Requirements
Candidates must possess a bachelor's degree in a work-related field and at least five years of progressively responsible experience. Required expertise includes financial systems, budgeting, and the ability to develop complex business plans and financial reports.
Full job description
If you're ready to be part of our legacy of hope and innovation, we encourage you to take the first step and explore our current job openings. Your best is waiting to be discovered.
Day - 08 Hour (United States of America)
This is a Stanford Health Care job.
A Brief Overview The Business Manager manages the day-to-day financial and business operational activities of the department. Responsibilities include budgeting, forecasting, accounting, long-range planning, pricing, negotiation of contracts, productivity analysis and revenue management.
Locations Stanford Health Care
What you will do
Plans, develops, and implements annual operating and capital budgets for the service line. Monitors all expenditures to ensure adherence and compliance with budget, projected spending trends, controls expenditures and ensures cost effective operations within the department; completes variance reports and suggests/implements corrective action to resolve budget variances.
Develops and implements strategies to maximize revenue for the service line while maintaining regulatory compliance. Assists in the identification and implementation of cost reduction activities for the service line; assesses continuously the financial viability of existing programs and practice patterns, and develop methods to optimize practices and resources.
Performs historical data analysis of past and current years for budget preparation and funding request justification.
Works closely with Finance on long range financial planning (LRFP) and benchmarking for the department and helps interprets LRFP into a plan of action. Monitors key financial indicators to proactively address financial matters and assist with strategic planning.
Establishes structures to monitor variances and track financial trends including revenue and labor expenses; provides ad hoc reporting for business questions that arise regarding volume, cost, performance and profitability of the department.
Analyzes financial implications and impacts of proposed and existing programs. Recommends improvements in systems and processes that enhance efficiency and reduce costs within the department and throughout the organization.
Analyzes, prepares and makes recommendations on business plans for new services and programs aimed at promoting and expanding the department activities. Works closely with Director for the development and implementation of strategic initiatives focused on identifying and pursuing opportunities to improve the profitability and market share of the department.
Supervises development of comprehensive business plans and program initiatives to support department goals including financial impact and feasibility. Assists in translation of business plans into operational reality.
Evaluates feasibility of equipment purchase and reviews contracts for purchase of equipment to ensure consistency with Department expectations regarding financial benefit and other budgetary issues; recommends and participates in selecting outside sources for needed services; negotiates with vendors regarding contracts for equipment maintenance and repair.
Works closely with Finance to ensure operational elements of revenue management including tracking, collecting and recovering revenue; ensures that financial controls are in place to minimize possibility of revenue loss
Sets up audit mechanisms to track charge master and revenue management within department.
Monitors and ensures proper accounting of service line expenditures.
Prepares monthly financial, clinical, benchmarking reports for internal and external purposes.
Oversees expenditures to ensure appropriate use of hospital funds; oversees the favorable negotiation and implementation of contracts with outside parties for products and services
Perform other duties as assigned
Education Qualifications
Bachelor’s degree in a work-related field/discipline from an accredited college or university.
Experience Qualifications
Five years of progressively responsible and directly related work experience.
Required Knowledge, Skills and Abilities
Knowledge of financial systems, including operations, budgeting and analysis, statistics, and forecasting and modeling
Knowledge of principles and practices of organization, administration, fiscal and personnel management
Knowledge of financial and operational management information systems
Knowledge of local, state and federal regulatory requirement related to the functional area
Ability to develop and administer departmental budgets
Ability to identify the need for and to pursue interdepartmental process improvement to maximize financial outcomes
Ability to develop, write, analyze and present business plans, proposals, contracts and financial analysis reports
Ability to use sophisticated conceptual, numerical, analytical and statistical skills to solve complex, unique financial problems
Ability to provide leadership and influence others
Ability to foster effective working relationships and build consensus
Ability to mediate and resolve complex problems and issues
Ability to develop long-range business plans and strategy
Skills: Strong decision making, problem solving, project management, analytical, interpersonal, negotiation, and collaboration skills
These principles apply to ALL employees:
SHC Commitment to Providing an Exceptional Patient & Family Experience
Stanford Health Care sets a high standard for delivering value and an exceptional experience for our patients and families. Candidates for employment and existing employees must adopt and execute C-I-CARE standards for all of patients, families and towards each other. C-I-CARE is the foundation of Stanford’s patient-experience and represents a framework for patient-centered interactions. Simply put, we do what it takes to enable and empower patients and families to focus on health, healing and recovery.
You will do this by executing against our three experience pillars, from the patient and family’s perspective:
Know Me: Anticipate my needs and status to deliver effective care
Show Me the Way: Guide and prompt my actions to arrive at better outcomes and better health
Coordinate for Me: Own the complexity of my care through coordination
Equal Opportunity Employer Stanford Health Care (SHC) strongly values diversity and is committed to equal opportunity and non-discrimination inall ofits policies and practices, including the area of employment. Accordingly, SHC does not discriminate against any person on the basis of race, color, sex, sexual orientation or gender identity and/or expression, religion, age, national or ethnic origin, political beliefs, marital status, medical condition, genetic information, veteran status, or disability, or the perception of any of the above. People of all genders, members of all racial and ethnic groups, people with disabilities, and veterans are encouraged to apply. Qualified applicants with criminal convictions will be considered after an individualized assessment of the conviction and the job requirements.
Base Pay Scale: Generally starting at $62.75 - $83.16 per hour
The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to, internal equity, experience, education, specialty and training. This pay scale is not a promise of a particular wage.
Stanford Health Care, with multiple facilities throughout the Bay Area, is internationally renowned for leading edge and coordinated care in cancer care, neurosciences, cardiovascular medicine, surgery, organ transplant, medicine specialties, and primary care. Throughout its history, Stanford has been at the forefront of discovery and innovation, as researchers and clinicians work together to improve health, alleviate suffering, and translate medical breakthroughs into better ways to deliver patient care. Stanford Health Care: Healing humanity through science and compassion, one patient at a time.
At Stanford Health Care, your career is supported within a distinctive hospital culture. This environment compliments the pioneering, collaborative atmosphere that has earned us our worldwide reputation for excellence.
Offices: 500 Pasteur Dr, Palo Alto, California 94304, US · 300 Pasteur Drive, Stanford, California 94305, US · 450 Broadway Street, Redwood City, CA, US
Based on 3848 listings with disclosed salaries, most healthcare jobs in New Jersey pay between $70k–$209k per year. Individual offers vary with seniority, company size, and specialization.
How many Healthcare jobs are open in New Jersey right now?
There are currently 16,605 open healthcare positions in New Jersey listed on Clera. New openings are added daily as companies post roles.
Which companies are hiring for Healthcare roles in New Jersey?
Companies currently hiring include Hackensack Meridian Health, CVS Health, Atlantic Health, Cooper University Health Care, BAYADA Home Health Care, among others. Browse the listings above to see every active employer.
Are there remote or hybrid Healthcare jobs in New Jersey?
Yes — 2088 of the 16605 open healthcare positions offer remote or hybrid work (602 remote, 1486 hybrid).
How do I apply for Healthcare jobs in New Jersey?
Each listing links directly to the employer's application page. Apply early — fresh listings get the most recruiter attention in the first two weeks.