Chief Financial Officer

About the role

This position is aligned with system service lines to project financial investments in new and existing physician activities and requirements of hospital and ancillary based departments in current and future investments in physician total rewards, performance, capital requirements, timing, implementation and integration. This position is also responsible for effective and timely communication as it relates to the finance and physician compensation function(s) to both internal and external teams.

Responsibilities

• Administers and coordinates all TriHealth Physician Partners (TPP) budgeting assumptions, provider and physician-based facility performance, month end and year-end financial reporting, financial analysis modeling, financial planning and business planning assumptions and reporting, and all daily functions as it relates to finance procedures and operations.
• Maintains and develops the physician compensation platform through a committee-led, data and parameter driven methodology that ensures market competitiveness, recruitment, and retention of provider and TPP team members.
• Led the development and maintenance of the physician contract function and system with a standard approach to contracting in collaboration with System Finance, System Legal and System Service Lines.
• Works with System Budget Lead and collaborates with director/manager of Physician Finance and has joint responsibility for establishing operating budget for area of responsibility including physician wage and salary, all expenses, volume and revenue projections, FTE, capital, and budget assumptions.
• Oversees standard monthly statistical and financial reporting especially related to provider side data that is accessible online and distributed to individual physicians and TPP Leadership.
• Benchmarks physician productivity to budget, internal and external benchmarks.
• Drives to optimize revenue through all avenues including support of managed care negotiations, estimates and allowable, cash collection, and works in partnership with MCO, TPHO, Population health, SBO executives.
• Works collaboratively with VP – Revenue Cycle and VP – Finance.
• Collaborates with System Human Resources, System Revenue Cycle, System Supply Chain, System Information Technology, and all system wide departments and resources to integrate, improve, refine and deliver world class providers and provider performance.
• Responsible for collaborating with staff to develop job performance standards which contribute to departmental and organizational success; recruiting and selecting staff based on position requirements and competencies.
• Works with System Budget Lead and collaborates with director/manager of Physician Finance and has joint responsibility for establishing operating budget for area of responsibility including physician wage and salary, all expenses, volume and revenue projections, FTE, capital, and budget assumptions.
• Focus and energize a group, be adaptable/flexible, look from another point of view, support change.
• Oversees standard monthly statistical and financial reporting especially related to provider side data that is accessible online and distributed to individual physicians and TPP Leadership.
• Works collaboratively with System Human Resources, System Revenue Cycle, System Supply Chain, System Information Technology, and all system wide departments and resources to integrate, improve, refine and deliver world class providers and provider performance.
• Works with System Human Resources, System Revenue Cycle, System Supply Chain, System Information Technology, and all system wide departments and resources to integrate, improve, refine and deliver world class providers and provider performance.

Qualifications

• Bachelor's Degree in Business; Business Administration, Finance, or related field
• 7-10 years’ experience in Management in a related field
• CPA - Certified Public Accountant (Preferred)

Skills

• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Ability to work independently and as part of a team
• Proficiency in Microsoft Office Suite
• Knowledge of healthcare industry and financial management principles

Benefits

TriHealth offers a comprehensive benefits suite including medical, dental, vision, retirement contributions, paid time off, tuition assistance, and wellness resources.

Pay

Salary range: $150,000 - $200,000 annually, commensurate with experience.

Schedule & Work Location

FTE: Full-Time - 40 Hours Weekly
Shift: Days
Location: Baldwin Corporate Office – 625 Eden Park Drive, Cincinnati, OH 45202