This position is incentive eligible.
Salary Estimate: $132288.00 - $203091.20 / year
Learn more about the benefits offered for this job.
The estimate displayed represents the typical salary range of candidates hired. Factors that may be used to determine your actual salary may include your specific skills, how many years of experience you have and comparison to other employees already in this role. The typical candidate is hired below midpoint of the range.
Job Summary and QualificationsTheChief Financial Officerdirects 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.
What you will do in this role:
- You will 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.
- You will direct the preparation of internal financial reports and ensure that the reports reliably reflect the financial position of the hospital.
- You will 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.
- You will identify and report undesirable trends and potential business opportunities and make recommendations for action.
- You will assist the CEO in the development of long- and short-range hospital operations plan which may include service demand analyses, resources availability analyses, productivity, and cost benefit analyses of proposed capital and staff expansions.
- You will develop long and short range operational and capital budgets which are supported by the hospitals with long and short-range plans and objectives.
- You will direct the preparation of hospital statistical reports, budgets, and financial reports.
- You will 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.
- You will provide informal direction in data processing, distributed systems, material management, and medical record functions. Monitoring performance to ensure fiscal responsibilities are fulfilled.
- You will forecast the impact of business decisions and expected outcomes on all financial results.
- You will monitor financial and economic information to identify trends and indicators that may impact business operations, planning, investments, and so forth.
- You will communicate financial operational performance with all stakeholders, including senior administration, appropriate facility staff members, and Division Office.
- You will review denials issues and trends for maximizing net reimbursement for Facility.
You will maintain accuracy of a charge master.
- You will review contracts, purchase agreements, and other financial arrangements to ensure compatibility with business goals and expectations about profitability.
What qualifications you will need:
- Bachelor's degree 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
West Valley Medical Center is a 150- bed nationally accredited facility dedicated to providing high-quality, cost-effective healthcare to Treasure Valley residents. Our expertly trained staff and board-certified physicians are focused on treating everyone like family.
HCA Healthcare (Corporate), based in Nashville, Tennessee, supports a variety of corporate roles from business operations to administrative positions. Like our colleagues in any HCA Healthcare hospital, our corporate campus employees enjoy unparalleled
resources and opportunities to reach their potential as healthcare leaders and innovators. From market rate compensation to continuing education and
career advancement opportunities, every person has a solid foundation for success. Nashville is also home to our
Executive Development Program, where exceptional employees are groomed to take on CNO- and COO-level roles in our hospitals. This selective program focuses on ethics, leadership and the financial and clinical knowledge required of professionals at this level of the industry.
HCA Healthcare has been recognized as one of the World's Most Ethical Companies® by the Ethisphere Institute more than ten times. In recent years, HCA Healthcare spent an estimated $3.7 billion in cost for the delivery of charitable care, uninsured discounts, and other uncompensated expenses.
"Bricks and mortar do not make a hospital. People do."- Dr. Thomas Frist, Sr.
HCA Healthcare Co-Founder
If you're looking for a leadership opportunity that provides both personal satisfaction and professional growth, apply to join HCA Healthcare as a Chief Financial Officer.
Unlock your leadership potential with HCA Healthcare.#LI-exec
