Chief Financial Officer - Anchor Hospital

Responsibilities

• Maintains and controls accounts receivables.
• Closely oversees Business Office functions to meet cash collection goals and ensure proper net revenue statement.
• Facilitates weekly A/R meetings with CEO and Business Office Manager to discuss results and address weaknesses.
• Affects relationships between Business Office, Intake and Utilization Review departments to enhance patient revenue.
• Improves hospital profitability by continually monitoring costs, especially staffing related to patient volume.
• Maintains and monitors payor mix and length of stay to optimize reimbursement.
• Negotiates contract terms with third-party payers.
• Develops and implements new programs, contracts, and analyzes their estimated outcomes.
• Evaluates the success of implemented programs, including physician arrangements.
• Develops and monitors policies and procedures aligned with generally accepted accounting principles and corporate guidelines.
• Prepares monthly financial statements, financial packages, and other informational reports/analyses.
• Performs account analysis, variance analysis, journal entries, and internal controls to ensure accurate financial statements.
• Provides required reporting and reconciliations for Reimbursement, Tax, Auditors, and other departments.
• Prepares annual budgets in collaboration with UHS standards.
• Reviews and discusses prior financial results with management and department heads to highlight future needs and trends.
• Tailors hospital needs to UHS objectives.
• Performs other duties as assigned/required.

Qualifications

• Minimum of 5 years of experience in a financial leadership role in a healthcare setting.
• Minimum education requirement of a bachelor’s degree, master’s degree preferred.
• Working knowledge of hospital financial operations, federal and local tax regulations.
• Knowledge of all business office, accounting, payroll, and other administrative office operations.
• Skills in interpreting financial analysis, preparing schedules and reports, using electronic spreadsheets, and manipulating data within proprietary and acquired databases.
• 2% travel.

Benefits

• Competitive Compensation
• Medical, Dental, Vision, and Prescription Drug Plans
• 401(k) plan with company match
• Generous Paid Time Off
• Relocation benefits
• Bonus opportunity
• UHS Stock opportunity

Pay

This opportunity offers competitive compensation.

Schedule

The schedule for this opportunity is not specified.