Regional Chief Financial Officer - Academic and Community Services

SSM Health

16d • Onsite

About The Position

It's more than a career, it's a calling. MO-SSM Health Mission Hill Worker Type: Regular Job Highlights: Named 150 Top Places to Work in Healthcare 2024 - Becker's Healthcare Named One of the Diversity Leaders 2024 – Modern Healthcare Named One of America's Greatest Workplaces for Diversity 2024 - Newsweek Named One of America's Greatest Workplaces for Women 2024 – Newsweek Named One of America’s Greatest Workplaces for Job Starters 2024 – Newsweek SSM Health is a Catholic, not-for-profit health system serving the comprehensive health needs of communities across the Midwest through a robust and fully integrated health care delivery system. The organization’s 40,000 team members and more than 13,900+ providers are committed to providing exceptional health care services and revealing God’s healing presence to everyone they serve. With care delivery sites in Illinois, Missouri, Oklahoma, and Wisconsin, SSM Health includes 23 hospitals, more than 300 physician offices and other outpatient and virtual care services, 12 post-acute facilities, comprehensive home care and hospice services, a pharmacy benefit company, a health insurance company and an accountable care organization. It is one of the largest employers in every community it serves. This position is located on-site at our regional headquarters in St. Louis, Missouri and is not remote work eligible. To request additional information, confidentially submit your interest, or nominate a fellow colleague, please contact: Angela Jones Executive Talent Partner [email protected] #LI-Onsite Job Summary: The Regional Chief Financial Officer (CFO) is a key leadership team member for the St. Louis and Southern Illinois Region, a $5B integrated academic health system. This role provides strategic and operational financial leadership across a portfolio that includes two fully academic hospitals, seven community hospitals, over 1,100 employed physicians, outpatient services, and academic and research enterprises, including over 600 resident physicians. The Regional CFO ensures financial sustainability while advancing the mission of patient care, education, and research in alignment with regional and system-wide goals.

Requirements

• Expertise in hospital finance, physician practice economics, fund flow models, and academic subsidy structures.
• Strong analytical acumen and ability to translate complex financial data into actionable insights.
• Exceptional leadership, communication, and relationship management skills.

Responsibilities

• Strategic Financial Leadership: Develop, implement and align financial strategies supporting both the academic health system and the community ministries.
• Partner with the Regional President and health system leaders to align clinical and academic funding models.
• Evaluate and structure business development opportunities, clinical expansions, and capital projects focusing on long-term impact and viability.
• Financial Operations & Performance: Lead the financial oversight of all hospitals and medical group operations, ensuring efficient operations, appropriate cost structures, and strong margin performance.
• Drive financial performance improvement through enhanced revenue cycle management, payer contracting strategies, and cost-reduction initiatives.
• Oversee the preparation and management of operating and capital budgets for hospitals, medical group operations, and research operations.
• Provide leadership in the development and the continuous evaluation of short and long-term strategic financial objectives.
• Develops, implements, and periodically updates a strategic financial plan/long range financial forecast, in collaboration with System finance team.
• Participates in multidisciplinary quality and service improvement teams as appropriate.
• Participates in meetings, serves on committees, and represents the department and hospital/facility in community outreach efforts as appropriate.
• Teaching & Research Finance Oversight: Ensure accurate financial tracking and compliance for GME (Graduate Medical Education) funding, Medicare DGME/IME reimbursement, and academic subsidies.
• In partnership with academic leadership and the University, support the financial management of research grants, clinical trials, and investigator-initiated projects.
• Collaborate with academic finance leaders to develop long-range financial models for medical education and research growth.
• Governance, Compliance & Reporting: Maintain robust financial controls and ensure compliance with all regulatory, accreditation, and audit requirements.
• Deliver regular financial reporting and analysis to regional and system governance bodies.
• Leadership & Collaboration: Lead a multidisciplinary team of finance professionals across hospital and academic departments.
• Foster a collaborative culture that bridges clinical and academic priorities to drive shared success.
• Build trusted relationships with physician leaders, faculty, department administrators, and external stakeholders.

Benefits

• SSM Health values our exceptional employees by offering a comprehensive benefits package to fit their needs.
• Paid Parental Leave: we offer eligible team members one week of paid parental leave for newborns or newly adopted children (pro-rated based on FTE).
• Flexible Payment Options: our voluntary benefit offered through DailyPay offers eligible hourly team members instant access to their earned, unpaid base pay (fees may apply) before payday.
• Upfront Tuition Coverage: we provide upfront tuition coverage through FlexPath Funded for eligible team members.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: No Education Listed
• Number of Employees: 5,001-10,000 employees