Chief Financial Officer - Prairie St. John's Behavioral Health Hospital

UHS•Fargo, ND

About The Position

Prairie St. John’s is a fully licensed and accredited 132-inpatient-bed psychiatric hospital serving children, adolescents, and adults with mental health issues, substance use addiction, and co-occurring disorders. It offers inpatient hospitalization, partial hospitalization (day treatment), residential treatment, and intensive outpatient services. The Chief Financial Officer oversees financial operations, including accounts receivable, cash collections, net revenue, profitability, financial reporting, budgeting, and the development of policies and procedures. The role works with hospital leadership and departments to monitor financial performance, optimize reimbursement, assess new programs and contracts, and provide required information to internal and external stakeholders.

Requirements

At least 5 years of experience in a financial leadership role in a healthcare setting.
Bachelor’s degree required.
Working knowledge of hospital financial operations and federal and local tax regulations.
Knowledge of business office, accounting, payroll, and other administrative office operations, including processes from registration through discharge.
Skill in interpreting financial analyses and performance information.
Ability to prepare schedules and reports using source data and to compile reports from others’ schedules.
Ability to use electronic spreadsheets and manipulate data within proprietary and acquired databases.

Nice To Haves

Master’s degree.

Responsibilities

Monitor and control accounts receivable, oversee Business Office functions, support cash collection goals, and ensure net revenue is properly stated.
Lead weekly accounts receivable meetings with the CEO and Business Office Manager to communicate results and monitor areas of weakness.
Coordinate the relationship between the Business Office, Intake, and Utilization Review departments to maximize patient revenue.
Improve hospital profitability by monitoring costs, staffing in relation to patient volume, payer mix, and length of stay.
Assist with negotiating contract terms with third-party payers.
Prepare pro forma analyses for proposed programs, contracts, and other initiatives, and evaluate the outcomes of implemented programs, including physician arrangements.
Develop and monitor policies and procedures consistent with generally accepted accounting principles and corporate guidelines to support cash flow, reduce operating costs, and increase revenue.
Prepare monthly financial statements, financial packages, and other reports and analyses using account and variance analysis, journal entries, and internal controls.
Provide reconciliations, account analyses, and other information to the Reimbursement Department, Tax Department, auditors, and other stakeholders.
Prepare the annual budget in accordance with UHS standards, working with management and department heads to review prior results and assess anticipated needs and trends.
Align hospital needs with UHS objectives.
Perform other duties as assigned or required.