Dir System Labor Productivity and Optimization

Responsibilities

• Serve as the system leader for labor productivity, integrating financial, clinical, and operational priorities into a cohesive labor productivity framework
• Establish internal and external labor benchmarking to identify performance gaps and adopt best practices across the System
• Develop and manage a high-performing finance team, providing guidance and support to ensure effective collaboration with operations
• Analyze financial data and performance metrics to identify opportunities for cost savings and efficiency improvements
• Partner with Workforce Optimization Committee to develop and implement position controls and labor management practices to be owned and managed by facility-level operations
• Develop KPI’s to monitor and encourage appropriate labor efficiencies
• Provide strategic financial guidance to senior leadership based on in-depth analysis of productivity metrics
• Facilitate executive-level reviews of productivity and labor metrics, supporting data-driven decisions to achieve system labor targets and to drive improvement to Salaries, Wages and Benefits (SWG)
• Establish and drive System initiatives for standardizing statistical metrics and ensuring their consistency across the System
• Identify opportunities for improvement in pay practices
• Collaborate with finance, nursing, and operational leaders to educate and empower them to manage labor and to drive productivity
• Facilitate executive-level reviews of productivity and labor metrics, supporting data-driven decisions to achieve system labor targets
• Maintain awareness of industry trends, technology innovations, and regulatory changes to continuously evolve the labor management approach
• Demonstrate excellent communication and interpersonal skills, with the ability to present financial information to all levels of the organization
• Show attention to detail with a high level of accuracy and efficiency

Qualifications

• REQUIRED QUALIFICATIONS: Proven experience in healthcare finance, with a focus on system productivity management; strong analytical and problem-solving skills, with the ability to interpret complex financial data; previous experience managing labor productivity and collaborating with operational leaders; minimum of 10 years of experience in healthcare finance, productivity or a related field; Bachelor’s degree in Finance, Accounting, or a related field; MBA, MHA or CPA required
• PREFERRED QUALIFICATIONS: Familiarity with Vizient Operational Database; Six Sigma Lean Practices