Transaction Advisory Services Director - Healthcare

Transaction Advisory Services Director – Healthcare

Chicago | New York | South Florida | Boston | Metro DC | Atlanta | Los Angeles |Dallas| Virtual

As CohnReznick grows, so do our career opportunities. As one of the nation’s top Professional Services and Business Advisory firms, we foster teams in Advisory, Assurance, and Tax services that value innovation and collaboration in everything they do! 

We currently have an exciting career opportunity for a Transaction Advisory Director to join the national team in one of our CohnReznick offices or virtually.

YOUR TEAM.

This position will support our rapidly growing Transaction Advisory Services group. This team conducts due diligence and supports clients across a wide range of industries. As a member of this team, you’ll not only have the opportunity to interact with clients but also to interact with team members across all levels within the practice.

WHY COHNREZNICK?

• Work-Life Blend: Our team members accrue up to 30 days of PTO depending on their level & take advantage of 17 paid holidays including two weeks off a year when all CR Team members take time off together (July 4th week and Thanksgiving week).
• Parental Leave: Our expanded leave is up to 8 weeks following the birth or placement of a child.
• Flexibility: Our team members have options of being fully virtual, hybrid or in the office based on theirs and the business needs. All full time or part time CR team members are offered a home office stipend upon onboarding to help them get setup at home.
• Diversity & Inclusion: Whether it’s through participation in our Employee Resource Groups such as CR Blac, CR PRIDE, WomenCAN, VMA, CR Green, Raza or AAPI or through CR Cares, our team members give back to the communities they live and work in.
• Total Rewards: We offer a competitive annual compensation, annual discretionary performance bonus, referral & client bonuses, spot bonus opportunities, 401k match with profit sharing contributions and incentive and support towards achieving the CPA licensure.
• Learning & Development: Our team members have access to learning opportunities focusing on technical, leadership, and success skills that support their growth and career advancement, not to mention the necessary resources to meet their compliance needs.
• Wellness resources: Our virtual care programs such as Headspace, Spring Health, Prevention Cloud, and Peerfit help support our team members’ mental and physical well-being.
• Performance Coach: Each CR Team member is aligned to a Performance Coach who will support them in establishing their goals and provide guidance and support along their career path of choice.
• The CR Friend: Your CR Friend will serve as a familiar face when you first join the firm and is someone you can always reach out to.

YOUR ROLE. 

Responsibilities include but not limited to:

• Develop, build, and operationalize healthcare industry revenue cycle client services practice
• Identify clients and generate revenue to provide services related to development of policies, objectives, and initiatives to optimize client’s financial performance, efficiency, and compliance.
• Develop reviews for structure, integrity, optimization including assessments and implementation planning.
• Design operational, coding, documentation, billing and compliance due diligence reviews, standards, litigation support and revenue integrity consulting.
• Review, design and implement processes for admissions, pricing, billing, third party payer relationships, compliance, collections and other financial analyses to ensure revenue cycle is effective and properly utilized.
• Develops data mining, benchmarking and analysis for process improvement opportunities.
• Develops processes for clients to manage relations with payers and provider organization to optimize charge capture, generate high reimbursement rates and low level of denials.
• Create healthcare industry functional strategies and specific objectives and develop budgets/policies/procedures to support the functional infrastructure
• Lead and manage client engagements, including launch management, engagement and resource planning, client meeting facilitation, budget management and development of quality client deliverables
• Participate in internal and external business development activities.
• Collaborate closely with internal Advisory and Assurance practices focused on the healthcare industry.
• Coordinate with leadership to understand market threats, insights, and opportunities from their domain perspective
• Actively assist in the development of new products, solutions, and deliverables for the rapidly changing healthcare industry
• Provide mentoring and motivate diverse client engagement teams
• Foster an innovative and inclusive team-oriented approach to client engagements
• Assist in the recruiting, onboarding and mentoring of junior team members as practice grows

YOUR EXPERIENCE. 

The successful candidate will have:

• Bachelor’s degree required, Master’s degree preferred including MBA, MHA, MPH, or MPA
• Significant progressive experience (15+ years) developing and implementing revenue cycle consulting
• Deep subject matter expertise of industry software, electronic health records, operational processes and workflows, business process/performance protocols, and documentation, coding and billing requirements.
• Experience in complex healthcare administration environments
• Experience in business strategy related projects, including implementation
• Excellent knowledge of industry technology and financial systems
• Demonstrated experience of building industry practice and track record of generating revenue opportunities
• Experience managing and developing others
• Ability to travel
• Strong ability to manage client relationships and communicate effectively both verbally and through written correspondence internally and externally
• Strong change management skills
• Advanced analytical and data manipulation skills
• Strong negotiation, conflict management, risk mitigation, issue resolution, organizational and time management skills
• Excellent computer skills in a Microsoft Windows environment Including Excel, Word and PowerPoint
• Active membership in an industry or profession-focused association or organization (e.g., NAHRI, AHIA, AAHAM, HFMA, MGMA, HCCA)
• Industry or profession-focused certification, or desire to obtain (e.g., CHRI, CHC, FACHE, FHFMA, CRIP, CRCE, CHIAP, etc.)
• Comfortable presenting industry-focused content to large groups, virtually or in-person
• Ability to manage multiple priorities

After reviewing this job posting, are you hesitating to apply because you don’t meet every single requirement? Studies have shown that we are less likely to apply to jobs unless we meet every single qualification. At CohnReznick, we are dedicated to building a diverse, equitable, and inclusive workplace, so if you’re excited about this role but your experience doesn’t align perfectly with every qualification in the job description, we still encourage you to apply. 

You may be just the right candidate for this or one of our other roles.

CohnReznick is an equal opportunity employer, committed to a diverse and inclusive team to drive business results and create a better future every day for our team members, clients, partners, and communities. We believe a diverse workforce allows us to match our growth ambitions and drive inclusion across the business. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, national origin, or protected veteran status and will not be discriminated against on the basis of disability.  For more information, please see Equal Employment Opportunity Posters

If you are an individual with a disability in need of assistance at any time during our recruitment process, please contact us at CRaccommodation@cohnreznick.com  Please note: This email address is reserved for individuals with disabilities in need of assistance and are not a means of inquiry about positions or application statuses.

CohnReznick does not accept unsolicited resumes from third-party recruiters unless such recruiters are currently engaged by CohnReznick Talent Acquisition Team by way of a written agreement to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that CohnReznick will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.

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