Community Hospital Corporation · 2 months ago
Chief Financial Officer (CFO), Hunt Regional Healthcare
Greenville, TX
Full-time
Onsite
Director/Executive
7+ years expCommunity Hospital Corporation is seeking an experienced and strategic healthcare executive to assume the role of Chief Financial Officer (CFO) at Hunt Regional Healthcare. The CFO will drive the financial strategy and ensure the long-term fiscal stability of the hospital district while overseeing all financial activities and providing executive-level guidance to support the hospital's strategic goals.
ConstructionHealth CareHospitalIT ManagementManagement ConsultingSupply Chain Management
Responsibilities
Lead the development and coordination of the annual operating, service demand, capital, and cash flow budgets of the District
Responsible for the financial evaluation of new business ventures, and/or capital and equipment acquisitions
Direct the development, implementation, and utilization of an appropriate productivity management system
Responsible for the planning, directing, facilitating, and presenting of proposals to the Hunt Memorial Hospital District Finance Committee and the Board of Directors
Direct the investment of District funds in compliance with the Board Investment policy, ensuring security of investment principal and optimization of investment returns
Administer the debt structure of the District, ensuring prompt payment of debt instruments and conducting periodic reviews for most advantageous structure, cost, and terms
Assist in the review of insurance policies of the District to maintain appropriate coverage at the least costly rates and superior service
Responsible for the administration and review of payment schedules for the District's construction projects to ensure timely and accurate payments
Oversee and lead negotiations with third-party payors for optimal reimbursement and contract performance of managed care contracts
Administration of all Medicare & Medicaid Reimbursement issues, including the completion and review of the annual cost reports
Responsible for the review of management and service contracts in order to optimize the District's interests
Organize and manage the payment of Physician subsidies as determined by contractual arrangement
Oversee all accounting functions, including the preparation of accurate, timely, and insightful financial statements, regulatory filings, and reports
Responsible for the administration and coordination of the independent audit activities of the District, including the review of all proposed audit adjustments and completion of appropriate work papers
Review of internal control activities to minimize the level of risk of fraud against the district
Reinforce HRH's values, promote the Compliance Plan, and demonstrate proficiency in applicable laws and standards
Serve as a key advisor to the CEO and other executives on business development, operational efficiencies, and major strategic initiatives
Assist in the development of the current and future activities of the Hunt Regional Healthcare Foundation (HFDC)
Perform activities consistent with the development of the team approach, i.e., being a team player and/or leader
Qualification
Required
Bachelor's Degree in Accounting, Finance, or Business Administration with a Master's Degree (e.g., MBA, MHA) or CPA certification
7+ years of progressive financial leadership experience in a hospital or health system, including a minimum of 5 years in a CFO or VP of Finance capacity
Proven experience with the financial challenges and opportunities specific to independent, regional, or community hospitals is a significant advantage
Requires managerial experience and proven expertise across core financial functions, including revenue cycle management, accounting, budgeting, treasury, audit, tax, and payroll
Knowledge of hospital and health care practices and procedures as well as laws, regulations, and guidelines pertaining to healthcare finance
Proven financial planning and leadership skills, combined with a deep-rooted commitment to the values of honesty and integrity
Knowledge of and demonstrated skill in leadership, strategic management, change management, communications, team building, continuous quality improvement, problem solving, decision-making, innovation, and stewardship of resources
Exceptional leadership, communication, and interpersonal skills, with the ability to effectively present complex financial information to diverse audiences
Proven ability to build and maintain strong relationships with the Board of Directors, medical staff, and community stakeholders
Proficiency with financial systems, electronic health records (EHRs), and data analytics tools
Preferred
Experience working with Cerner
Benefits
Medical, Dental, and Vision insurance
Health and dependent care spending accounts
401(k) savings with match
Life insurance
Long-term and short-term disability coverage
Company
Community Hospital Corporation
Community Hospital Corporation owns, manages and consults with hospitals through three distinct organizations — CHC Hospitals, CHC Consulting and CHC ContinueCARE, which share a common purpose to guide, support and enhance the mission of community hospitals and healthcare providers.
5001-10000 employees
Funding
Current Stage
Late StageLeadership Team
David Faulkner
Interim CEO
Derek Murzyn
Market Chief Executive Officer - Carolinas ContinueCARE Hospitals
Recent News
2024-05-16
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