Responsibilities
Palm Point Behavioral Health (affiliated with Universal Health Services) is a 74-bed behavioral health hospital in Titusville, Florida minutes from Cape Canaveral. Palm Point Behavioral Health treats adults, children and adolescents that suffer from a wide range of behavioral health diagnoses including depression, anxiety and substance abuse in a modern and well-appointed facility. Palm Point Behavioral Health offers inpatient treatment options and serves communities in Brevard County and beyond. Titusville, located on Florida's Space Coast, is approximately 30 miles north of historic Cocoa Beach, and 40 miles east of Orlando's famous theme parks. In Titusville, you can tour the Kennedy Space Center Visitor Complex, Merritt Island National Wildlife Refuge and Canaveral National Seashore. Not only do you have an abundance of activities along the Atlantic shore, but Titusville also offers an ideal climate, close proximity to multiple dining and shopping options, and a very friendly community.
Website: https://palmpointbehavioral.com
The Chief Financial Officer:
• Monitors and controls accounts receivables. Closely oversees Business Office functions to ensure cash collection goals are met, and net revenue is properly stated. Facilitates weekly A/R meeting 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. Continually monitors costs in all areas, especially staffing as it relates to patient volume. Continually monitors 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 program, contracts, etc. to determine estimated outcome. Monitors and evaluates success/failure of implemented program including physician arrangements.
• Develops policies and procedures. 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, prepares detailed financial statements to accurately reflect the monthly operating results.
• Provides required reporting. Provides reconciliations, account analyses, and other information for Reimbursement Department, Tax Department, Auditors, etc., to aid in preparation of reports.
• Prepares annual budget in conjunction with UHS standards. In cooperation with management and department heads, reviews prior financial results and discuss anticipated changes to highlight future needs and trends of the facility. Tailor's hospital needs to UHS objectives.
• Performs other duties as assigned/required.
Qualifications
Minimum of 5 years of experience in a financial leadership role in a healthcare setting.
• Minimum education requirement of a bachelor's degree. Master's degree preferred
• 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; preparing schedules and reports, using source data and compiling reports from others' schedules; using electronic spreadsheets and ability to manipulate data within proprietary and acquired databases.
• 2% Travel
This opportunity offers the following:
• Challenging and rewarding work environment
• Growth and Development Opportunities within UHS and its Subsidiaries
• Competitive Compensation
• Excellent Medical, Dental, Vision and Prescription Drug Plan
• 401k plan with company match
• Generous Paid Time Off
• Relocation benefits
• Bonus opportunity
• UHS Stock opportunity
