Chief Financial Officer

HCA Healthcare•Corpus Christi, TX

About The Position

The Chief Financial Officer directs the hospital’s financial and other departmental activities in accordance with established policies and objectives. This executive-level leadership role oversees financial departments, resource allocation, and preparation of the annual budget. Departmental responsibilities typically include Accounting, Reimbursement, Managed Care, Health Information, and Utilization Review. The CFO is responsible to the Hospital CEO and maintains business relationships with the Division CFO, Hospital CEO, COO, and CNO. The CFO analyzes opportunities to reduce operating costs and increase revenue; oversees financial and regulatory reporting; identifies trends, risks, and business opportunities; and advises on hospital operating plans, budgets, capital investments, and staffing. The role administers accounting, patient business services, reimbursement, and financial and statistical reporting, monitors financial performance and reimbursement, communicates results to stakeholders, and reviews contracts and other financial arrangements for alignment with business goals.

Requirements

  • Bachelor’s degree in Accounting, Finance, or a related field.
  • More than four years of experience in a Hospital Controller, Assistant CFO, or VP of Finance role is preferred.

Nice To Haves

  • Master’s degree.
  • Certified Public Accountant credential.

Responsibilities

  • Analyze opportunities to reduce hospital operating costs and increase revenue using market trends, financial reports, and operating procedures.
  • Direct preparation of internal financial reports and ensure they accurately reflect the hospital’s financial position.
  • Oversee timely submission of financial data and reports required by government and other regulated agencies, including payroll tax, public disclosure, and third-party payor cost reports.
  • Identify and report unfavorable trends and potential business opportunities, and recommend actions.
  • Assist the CEO in developing long- and short-range hospital operating plans, including service demand, resource availability, productivity, and cost-benefit analyses for proposed capital and staff expansions.
  • Develop long- and short-range operational and capital budgets aligned with hospital plans and objectives.
  • Direct preparation of hospital statistical reports, budgets, and financial reports.
  • Administer general accounting and patient business services, including third-party reimbursement and financial and statistical reporting, in accordance with established policies and accounting procedures.
  • Provide informal direction for data processing, distributed systems, materials management, and medical record functions.
  • Monitor performance to ensure fiscal responsibilities are fulfilled.
  • Forecast the financial impact and expected outcomes of business decisions.
  • Monitor financial and economic information for trends and indicators that may affect operations, planning, and investments.
  • Communicate financial and operational performance to senior administration, facility staff, and the Division Office.
  • Review denial issues and trends to maximize facility net reimbursement.
  • Maintain the accuracy of the charge master.
  • Review contracts, purchase agreements, and other financial arrangements for compatibility with business goals and profitability expectations.

Benefits

  • Comprehensive medical coverage, including prescription drug and behavioral health coverage, free telemedicine, and free AirMed medical transportation.
  • Dental and vision benefits.
  • Life and disability coverage.
  • Flexible spending accounts and supplemental health protection plans.
  • Auto and home insurance, identity theft protection, legal counseling, long-term care coverage, moving assistance, and pet insurance.
  • Free counseling and resources for emotional, physical, and financial wellbeing.
  • 401(k) plan with a 100% match on 3% to 9% of pay, based on years of service.
  • Employee Stock Purchase Plan with a 10% discount on HCA Healthcare stock.
  • Fertility and family-building benefits and adoption assistance.
  • Referral services for child, elder, and pet care, home and auto repair, and event planning.
  • Consumer discounts.
  • Retirement readiness, rollover assistance, and preferred banking partnerships.
  • Education assistance for tuition, student loans, certifications, and dependent scholarships.
  • Colleague recognition program.
  • Paid time off, paid family leave, short- and long-term disability coverage, and leaves of absence.
  • Employee Health Assistance Fund offering free employee-only coverage to eligible full-time and part-time colleagues based on income.
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