Director Strategic Cost Management at El Camino Health in Mountain View, California

Posted in Management 18 days ago.

Type: Full-Time





Job Description:

Job Description



  • Develop and implement a comprehensive cost management strategy aligned with the hospital's financial goals and mission




  • Provide strategic insights to the executive leadership team to support decision-making related to cost efficiency, revenue optimization, and resource allocation




  • Lead enterprise-wide cost reduction initiatives, focusing on value-based care and operational excellence




  • Partner with clinical and operational leaders to identify and implement process improvements that reduce waste and enhance efficiency without compromising patient outcomes




  • Drive performance improvement projects focused on supply chain management, labor optimization, and clinical cost containment




  • Facilitate cross-functional teams to ensure alignment of cost management strategies with operational goals




  • Identify financial risks related to cost structures and recommend mitigation strategies




  • Responsible for staff recruitment, retention, development, training and discipline




  • Work with CFO and Senior Director, Decision Support on the development of the annual operating, routine and strategic capital budgets.



Qualifications



  • Master’s degree in Healthcare Administration, Business Administration, or a related field.




  • 8-12 years of progressive leadership experience in acute care / ambulatory operations, cost management or financial planning.




  • Strong background in hospital operations, ambulatory services or consulting within a healthcare environment.




  • Proven track record of leading cost reduction and performance improvement initiatives in complex organizations.




  • Experience working for non-profit and for-profit hospitals / health systems.




  • Expertise in financial modeling, cost analysis, and data analytics tools (e.g., Excel, Power BI, Tableau).




  • Strong leadership, strategic thinking, and change management skills.




  • Excellent communication, negotiation, and interpersonal skills.




  • Ability to influence and collaborate effectively with stakeholders at all levels.



License/Certification/Registration Requirements N/A

Salary Range:

$91.36 - $137.04 USD Hourly

 





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