Chief Financial Officer

HCA HealthcareDenton, TX
115d

About The Position

The Chief Financial Officer directs the financial and other departmental activities in accordance with defined hospital policies and objectives. Responsibilities include management of all financial departments, allocation of resources, and preparation of the annual budget. Departmental responsibility typically includes Accounting, Reimbursement, Managed Care, Health Information, and Utilization Review. Functions at an executive level in an active leadership role. The Chief Financial Officer is responsible to the Hospital CEO, and maintains business relationships with the Division CFO, Hospital CEO, COO, and CNO.

Requirements

  • Bachelor's degree in Accounting, Finance, or related field required.
  • Master's degree preferred.
  • 4+ years of experience in a Hospital Controller, Asst. CFO, or VP of Finance role preferred.
  • Certified Public Accountant preferred.

Responsibilities

  • Assume a lead role in analyzing and exploring means of reducing hospital operating costs and increasing revenues based on knowledge of market trends, financial reports and operating procedures.
  • Direct the preparation of internal financial reports, ensuring that the reports reliably reflect the financial position of the hospital.
  • Direct the timely submission of all financial data associated reports required by government and other regulated agencies including payroll tax reports, public disclosure reports, and third party payor cost reports.
  • Identify and report undesirable trends and potential business opportunities and make recommendations for action.
  • Assist the CEO in the development of long and short range hospital operations plans which may include service demand analyses, resources availability analyses, productivity, and cost benefit analyses of proposed capital and staff expansions.
  • Develop long and short range operational and capital budgets which are supported by the hospitals long and short range plans and objectives.
  • Direct the preparation of hospital statistical reports, budgets, and financial reports.
  • Administer the general accounting, patient business services, including third party reimbursement, financial, and statistical reporting functions of the hospital in accordance with established policies and accounting procedures.
  • Provide informal direction in data processing, distributed systems, material management and medical record functions. Monitor performance to ensure fiscal responsibilities are fulfilled.
  • Forecast the impact of business decision and expected outcomes on all financial results.
  • Monitor financial and economic information to identify trends and indicators that may impact business operations, planning, investments, and so forth.
  • Communicate financial operational performance with all stakeholders, including senior administration, appropriate facility staff members and Division Office.
  • Review denials issues and trends for maximizing net reimbursement for Facility. Maintain accuracy of charge master.
  • Review contracts, purchase agreements, and other financial arrangements to ensure compatibility with business goals and expectations about profitability.

Benefits

  • Comprehensive medical coverage that covers many common services at no cost or for a low copay.
  • Plans include prescription drug and behavioral health coverage as well as free telemedicine services and free AirMed medical transportation.
  • Additional options for dental and vision benefits, life and disability coverage, flexible spending accounts, supplemental health protection plans (accident, critical illness, hospital indemnity), auto and home insurance, identity theft protection, legal counseling, long-term care coverage, moving assistance, pet insurance and more.
  • Free counseling services 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 10% off HCA Healthcare stock.
  • Family support through fertility and family building benefits with Progyny and adoption assistance.
  • Referral services for child, elder and pet care, home and auto repair, event planning and more.
  • Consumer discounts through Abenity and Consumer Discounts.
  • Retirement readiness, rollover assistance services and preferred banking partnerships.
  • Education assistance (tuition, student loan, certification support, dependent scholarships).
  • Colleague recognition program.
  • Time Away From Work Program (paid time off, paid family leave, long- and short-term disability coverage and leaves of absence).
  • Employee Health Assistance Fund that offers free employee-only coverage to full-time and part-time colleagues based on income.
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