The Pavilion Behavioral Health System · 1 month ago
Chief Financial Officer - The Pavilion Behavioral Health System
Champaign, IL
Full-time
Onsite
Lead/Staff, Director/Executive
5+ years expThe Pavilion Behavioral Health System is a 106-bed behavioral health facility that provides a secure environment for individuals seeking help for emotional and psychiatric issues. The Chief Financial Officer will oversee financial operations, improve profitability, develop policies, prepare financial statements, and assist in budgeting, ensuring the facility meets its financial goals.
Addiction TreatmentHealth CareMental HealthPersonal Health
Responsibilities
Monitors and controls accounts receivables. Closely oversees Business Office functions to ensure cash collection goals are met, and net revenue is properly stated. Facilitates weekly A/R meeting with CEO and Business Office Manager to communicate results and monitor areas of weakness. Monitors and affects as needed relationship between Business Office, Intake and Utilization Review departments to maximize patient revenue
Improves the profitability of the hospital. Continually monitors costs in all areas, especially staffing as it relates to patient volume. Continually monitors payor mix and length of stay to maximize reimbursement. Assists in negotiation of contract terms with third party payers. Prepares pro-forma analysis of new program, contracts, etc. to determine estimated outcome. Monitors and evaluates success/failure of implemented program including physician arrangements
Develops policies and procedures. Develops and monitors policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced hospital operating costs, and increased revenues
Prepares monthly financial statements, financial packages, and other informational reports/analyses. Through account analysis, variance analysis, journal entries, and internal controls, prepares detailed financial statements to accurately reflect the monthly operating results
Provides required reporting. Provides reconciliations, account analyses, and other information for Reimbursement Department, Tax Department, Auditors, etc., to aid in preparation of reports
Prepares annual budget in conjunction with UHS standards. In cooperation with management and department heads, reviews prior financial results and discusses anticipated changes to highlight future needs and trends of the facility. Tailor’s hospital needs to UHS objectives
Performs other duties as assigned/required
Qualification
Required
Minimum of 5 years of experience in a financial leadership role in a healthcare setting
Minimum education requirement of a bachelor's degree
Must possess a working knowledge of hospital financial operations, federal and local tax regulations; knowledge of all business office, accounting, payroll and other administrative office operations including all processes from registration through discharge
Must be skilled at interpreting financial analysis and performance information; preparing schedules and reports, using source data and compiling reports from others' schedules; using electronic spreadsheets and ability to manipulate data within proprietary and acquired databases
2% Travel
Preferred
Master's degree preferred
Benefits
Challenging and rewarding work environment
Growth and Development Opportunities within UHS and its Subsidiaries
Competitive Compensation
Excellent Medical, Dental, Vision and Prescription Drug Plan
401k plan with company match
Generous Paid Time Off
Relocation benefits
Bonus opportunity
UHS Stock opportunity
Company
The Pavilion Behavioral Health System
The Pavilion Behavioral Health System is a health care center that offers behavioral health and addictions treatment for families.
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase