What are the responsibilities and job description for the Vice President of Innovation Models position at Essen Health Care?
Overview
If you want to know about the requirements for this role, read on for all the relevant information.
Company Overview : At Essen Health Care, we care for that!
As the largest privately held multispecialty medical group in the Bronx, we provide high-quality, compassionate, and accessible medical care to some of the most vulnerable and under-served residents of New York State. Guided by a Population Health model of care, Essen has five integrated clinical divisions offering urgent care, primary care, and specialty services, as well as nursing home staffing and care management. Founded in 1999, our over 20-year commitment has fueled an unwavering dedication toward innovating a better healthcare delivery system. Essen has expanded from a single primary care office to an umbrella organization offering specialties from women’s health to endocrinology, from psychiatry to a vast array of other specialties. All clinical services are offered via telehealth or in-person at over 35 medical offices and at home through the Essen House Calls program.
Essen Health Care is the place Where Care Comes Together! We are looking for the most talented and effective individuals to join our rapidly growing company. With over 1,100 employees and 400 Practitioners, we care for over 250,000 patients annually in New York City and beyond. From medical providers to administration & operational staff, there is a career here for you. Join our team today!
Job Summary
Position Title : Vice President of Innovation Models
Job summary : The Vice President of Innovation Models is responsible for models within the GUIDE model service offering. This role involves identifying opportunities for innovation, overseeing the design and execution of new and collaborating with cross-functional teams.
The Vice President is responsible for strategic planning, financial performance, clinical outcomes management, operations, direction, growth and expansion of alternative payment model programs. Responsibilities include developing new business strategies in preparation for greater value-based reimbursement and risk-taking arrangements. The ideal candidate will have a strong background in healthcare administration, extensive knowledge of value-based care models, and a proven track record of success in managing accountable care initiatives.
Responsibilities
- Develop and implement the strategic vision and goals for the organization’s High Needs ACO, GUIDE model service offering, and other alternative payment model arrangements.
- Collaborate with healthcare providers, hospitals, physicians, and other stakeholders to establish effective partnerships and drive the organization’s transition to value-based care.
- Lead the development and execution of value-based initiatives, including care coordination, population health management, quality improvement, and cost containment efforts.
- Engage management teams, physicians, and APPs on clinical issues pertaining to resource utilization, utilization review, risk management, patient safety, physician engagement and other issues as appropriate.
- Oversee the financial performance of the ACO, including budgeting, revenue optimization, and risk management.
- Ensure compliance with all regulatory requirements and maintain a thorough understanding of evolving healthcare policies and reforms.
- Collaborate with data analytics teams to collect, analyze, and leverage data to drive evidence-based decision-making and improve outcomes.
- Provide regular reports and updates to system leaders and key stakeholder groups, presenting key performance indicators, financial metrics, and strategic recommendations.
- Develop and recruit effective leaders to ensure operational plans are deployed.
- Embed health equity and diversity efforts into all value-based care programs to support goals for all populations.
Qualifications
The successful candidate will be an executive with extensive healthcare administration experience and ideally a master’s degree in related fields. Physician leaders are preferred but not required. The ideal candidate will be proficient in accountable care models, value-based care, financial management, strategic planning, regulatory knowledge, and data-driven decision-making. The ideal candidate will have the following professional qualifications and personal characteristics :
Equal Opportunity Employer
Essen Health Care is proud to be an equal opportunity employer, and we seek candidates who desire to work in and serve an ethnically diverse population.
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