St Francis Medical Center

Corporate Vice President of Hospital Financial Operations

St Francis Medical Center • $270K — $325K *
Hospitals & Medical Centers
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Finance, Accounting, or Business Administration required; MBA, MHA, or CPA preferred.
  • 10+ years of progressive healthcare finance experience, particularly in hospital financial management.
  • Proven leadership in cross-functional team environments and enterprise standardization.
  • In-depth knowledge of healthcare reimbursement models and payer regulations.
  • Experience in clinical operations and financial analytics.

Responsibilities

  • Conduct analytical reviews of hospital financial performance to identify risks and opportunities.
  • Oversee annual operating and capital budget processes, including variance analysis and forecasting.
  • Collaborate with executive leadership on strategic initiatives and business plans for patient care.
  • Provide actionable financial data to clinical department heads to enhance workflows and reduce costs.
  • Manage payer negotiations and reimbursement strategies alongside the billing office.

Benefits

  • Comprehensive benefits package including medical, dental, and vision coverage.
  • 401K retirement plan with employer contributions.
  • Paid time off and flexible benefit options.
  • Tuition reimbursement for continued education.
  • Eligibility for annual discretionary bonus program based on performance.
Full Job Description
Overview

 

Scope: SystemSeated: Ontario, CaliforniaReporting to: Corporate Chief Financial OfficerEstimated Compensation Range:Min: $270K to Max: $325K

 

 

 

The Corporate Vice President of Hospital Financial Operations is a senior executive responsible for the strategic oversight, integrity, and financial functions impacting operations of the facilities within the system portfolio. Reporting to the CFO, this leader provides oversight, guidance and intervenes where necessary to ensure facility operational leaders are receiving value-added support ensuring growth and the hospital's long-term financial sustainability. 

 

 

 

 

 

 

 

 

 

 

Responsibilities
  • Financial Management: Analytical review of the hospitals within the portfolio financial performance and identification of strategic risks and opportunities. 
  • Budgeting & Forecasting: Oversee the annual operating and capital budget processes, conduct variance analysis, and implement financial forecasting models.
  • Strategic Growth: Partner with executive leadership to evaluate strategic initiatives, expansions, and business plans to support high-quality patient care.
  • Decision Support: Provide actionable financial data and analytics to clinical department heads to optimize workflows and reduce costs.
  • Reimbursement Strategy: Oversee managed care contracting, payer negotiations, and reimbursement optimizations alongside the central billing office. 

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Qualifications
  • Education: A Bachelor's degree in Finance, Accounting, or Business Administration is required; an MBA, MHA, or CPA is strongly preferred.
  • Experience: Typically requires 10+ years of progressive healthcare finance experience, with a proven track record in hospital financial management and shared services.
  • Leadership: Strong background leading cross-functional teams and implementing enterprise standardization and automation.
  • Industry Knowledge: Deep understanding of healthcare reimbursement models (e.g., value-based care, fee-for-service), payer regulations, and clinical operations. 

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Pay Transparency

Prime Healthcare Management, Inc. offers competitive compensation and a comprehensive benefits package that provides employees the flexibility to tailor benefits according to their individual needs. Our Total Rewards package includes, but is not limited to, paid time off, a 401K retirement plan, medical, dental, and vision coverage, tuition reimbursement, and many more voluntary benefit options.  Benefits may vary based on employment status, i.e. full-time, part-time, per diem or temporary.  A reasonable compensation estimate for this role, which includes estimated wages, benefits, and other forms of compensation, is $270,000.00 to $325,000.00 on an annualized basis. The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire and will be dependent on a wide range of factors, including but not limited to geographic location, skill set, experience, education, credentials, and licensure. Additionally, employees in this position may be eligible to participate in the Company’s annual discretionary bonus program. Discretionary bonuses, if any, are based on a number of factors, which include but are not limited to individual and Company performance.

Employment StatusFull Time ShiftDays

About St Francis Medical Center

St. Francis Medical Center is a for-profit hospital in Lynwood, California, United States, owned by Prime Healthcare Services.
Learn more about St Francis Medical Center

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