Behavioral Health Facility CFO

ODYSSEY BEHAVIORAL GROUP•Deerfield Beach, FL

About The Position

The Group CFO is responsible for the overall financial health and process management of key functions at the assigned organization(s). The position’s primary goals are to optimize revenue, manage costs through the execution of strategic initiatives and maintenance of all financial matters and processes. The Group CFO is tasked with providing proactive and actionable insights to facility leadership and driving operational excellence through process improvements and fostering an environment of teamwork and collaboration.

Requirements

Position requires a Bachelor’s degree in Business or Healthcare Administration
A minimum of 5 years supervisory experience is required along with a minimum of 3 years operational experience in the healthcare provider environment with revenue cycle management.

Responsibilities

Promotes an atmosphere of teamwork across departments to ensure processes are in place to improve revenue cycle and operational expense management.
Validates daily census reporting across locations and ensure alignment with utilization review and billing.
Assists with licensure and accreditation as necessary.
Manage and Supervise revenue cycle team
Ensure accurate and timely charge entry, billing, insurance and patient collections, and cash posting.
Ensure timely, accurate month-end close process.
Ensure policies and procedures are implemented and adhered to.
Ensure KPIs are implemented, reviewed and actioned timely.
Improve customer experience including patient financial counseling and communications as required.
Facilitate communication from revenue cycle to clinical to improve collections.
Facilitate communication between revenue cycle to admissions ensuring financial agreements are in place prior to admission and adhered to during the patient’s treatment episode.
Monitors patient care costs, vendor accounts and P-card utilization for additional control and oversight
Manages client funds/trust process
Work with all departments on a weekly/monthly cadence to ensure adherence to staffing control grids and proactively adjust to facility operations.
Provide strategic staffing guidance for new programs or locations as the business grows.
Create annual budgets, investigate budget vs. actual variances and action appropriately.
Improve procurement practices for additional control and oversight.
Proactively manage contracts and ensure compliance with contract protocols.
Management of physical plant, capital improvement budgets, capital improvement project execution and related facility staff to ensure facility’s needs are prioritized and actioned.