Under the chief medical officer the critical roles

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Under the Chief Medical Officer, the critical roles consist of the Vice President of Quality Assurance, Medical Director of Informatics, the Physician Enterprise Board, and the Chief of Staff. The Chief Nursing Officer has the Director of Nursing Education, Directorof Ambulatory Clinics, and the Director of Inpatient Services that report to them. The critical roles reporting to the Human Resources Director include the departments of recruiting, employee relations, compensation, professional development, and health and safety. Without these key positions in the hospital cannot operate efficiently or grow to be more successful. Financial DepartmentIn this department, the critical roles consist of the Chief Financial Officer, Director of Medical Billing, Director of Accounting, and the Payroll Director. This department is critical to the success of a hospital because it ensures short-term and long-term financial stability and growth the organization.First, the CFO's job description encompasses the overall financial wellbeing of the hospital, as they serve as the financial leader of the organization (Brady, 2014). This c-suite position is vital, seeing as the financial stability of the organization is strongly correlated to the competencies and abilities of this individual (Brady, 2014). Some of the general responsibilities of the CFO can be described as overseeing the administrative, financial, risk management, strategy development, and metrics of the hospital (Brady, 2014). The CFO position is strongly
Succession Planning4correlated with strategy, as this individual works closely with the Chief Executive Officer (CEO) to most ideally align the hospital. The CFO is responsible for, not only overseeing daily financialoperations, but for also considering the opportunities and potential growth in the hospital (Groysberg, Kelly & MacDonald, 2011). The positions that report to the CFO each hold significance to the financial success of the hospital. The Director of Medical Billing is one such position that contributes to the hospital's financial wellbeing as it relates to billing and collections. This position oversees all areas as they pertain to reimbursements to the hospital (PayScale, 2016). The Director of Medical Billing ensures that billing conforms with acceptable guidelines and that billing is conduct in an accurateand efficient manner. This individual supervises all managers in the billing department to ensure that consistency is evident throughout the scope of operations (PayScale, 2016). The responsibilities of the Director of Medical Billing include managing the billing and collections department, designing and implementing billing policies and procedures, streamlining the billingprocess, and monitoring billing process consistency (PayScale, 2016). The Director of Medical Billing is vital to the hospital due to its direct relation with payments from self-paid patients, insurers, and other third party payment sources.

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