Chief Financial Officer - Keystone Center

UHS•Chester, PA

4d•Onsite

About The Position

Universal Health Services, Inc. (UHS) is a Fortune 300 corporation and one of the nation's largest providers of hospital and healthcare services. With annual revenues of $15.8 billion in 2024, UHS operates acute care hospitals, behavioral health facilities, outpatient facilities, an insurance offering, a physician network, and related services across the U.S., Puerto Rico, and the United Kingdom. KeyStone Center, a leader in addiction treatment since 1985, provides intensive inpatient treatment, including detox and treatment for co-occurring disorders and compulsive gambling, utilizing evidence-based components like family therapy and Dialectical Behavior Therapy. It also offers outpatient programs at two locations. This role is crucial for managing the financial operations of KeyStone Center.

Requirements

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.
Proficient in preparing schedules and reports, using source data and compiling reports from others’ schedules.
Skilled in using electronic spreadsheets and ability to manipulate data within proprietary and acquired databases.

Nice To Haves

Master's degree preferred

Responsibilities

Monitors and controls accounts receivables, overseeing Business Office functions to ensure cash collection goals are met and net revenue is properly stated. Facilitates weekly A/R meetings 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 by continually monitoring costs (especially staffing as it relates to patient volume) and 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 programs, contracts, etc., to determine estimated outcomes. Monitors and evaluates the success/failure of implemented programs, including physician arrangements.
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 to accurately reflect monthly operating results.
Provides reconciliations, account analyses, and other information for the Reimbursement Department, Tax Department, Auditors, etc., to aid in the preparation of reports.
Prepares the annual budget in conjunction with UHS standards, reviewing prior financial results and discussing anticipated changes to highlight future needs and trends of the facility, tailoring hospital needs to UHS objectives.
Performs other duties as assigned/required.