What are the responsibilities and job description for the Chief Financial Officer - Hillcrest South position at Ardent Health?
Overview
Responsibilities
Qualifications
Ardent Health is a leading provider of healthcare in communities across the country. With a focus on consumer-friendly processes and investments in innovative services and technologies, Ardent is passionate about making healthcare better and easier to access. We are driven by our purpose of caring for people: our patients, our communities and one another.
Located in Brentwood, Tennessee, Ardent has earned a reputation as one of the industry’s strongest and most innovative healthcare systems. Our facilities and clinics are consistently recognized among healthcare’s best employers. We recognize each hospital and clinic is as unique as the community it serves. We strive to maintain strong community ties through advisory boards, contributions, charitable care, education and outreach.
Ardent includes:
- 30 hospitals
- 280 sites of care
- 4,281 beds
- 24,000 team members
- 8,200 nurses
- 1,800 aligned providers
- 5.8M annual provider encounters
- 421 medical residents
Ardent makes considerable investments in people, technology, facilities, and communities, producing high quality care and extraordinary results. From newly constructed facilities and expanded services, to lifesaving technology and outstanding opportunities for employees, Ardent is committed to providing its hospitals and clinics the tools needed to succeed.
We believe it is this mix of corporate support and local autonomy that equips our teams for success.
Hillcrest Healthcare System:
In 1918, Hillcrest opened its doors to provide hope, health and healing to our community in a small hospital located in the heart of Tulsa. Today, Hillcrest HealthCare System (HHS) is comprised of three hospitals in Tulsa and five regional hospitals, including Hillcrest Medical Center, Hillcrest Hospital South, Tulsa Spine & Specialty Hospital, Hillcrest Hospital Claremore, Hillcrest Hospital Cushing, Hillcrest Hospital Henryetta, Hillcrest Hospital Pryor, Bailey Medical Center of Owasso. Hillcrest also provides comprehensive primary and specialty care services through Utica Park Clinic and Oklahoma Heart Institute and manages multiple urgent cares across the region.
Hillcrest Hospital South:
Hillcrest Hospital South is a full-service 180 bed hospital located in Tulsa, OK. Hillcrest South provides a wide range of inpatient and outpatient services using state-of-the-art technology in a friendly community setting. Every day, Hillcrest South team members fulfill our purpose of caring for others. Compassion and respect for each patient guide our dedicated staff, which show in consistent recognition for patient satisfaction. Hiring talented team members - people like you - who wish to change lives for the better is integral to our success. Hillcrest South offers team members opportunities to grow while transforming lives with incentives and assistance to get you there. We celebrate your successes, recognize your value, and believe in your ability to help you bring positive change throughout northeastern Oklahoma. It is this focus and determination that has driven Hillcrest South’s current outcomes. Hillcrest South is the only DNV Orthopedic Center of Excellence (OCE) in Oklahoma. It has the only accredited RN residency program in the Tulsa community through the American Nurses Credentialing Center (ANCC). Its cardiovascular service line has more accreditations through the American College of Cardiology (ACC) than any hospital in the state of Oklahoma. Hillcrest South is an ANCC Pathway to Excellence-designated program, proving the hospital’s nursing leadership fosters a collaborative culture and our policies reflect nursing input where patient and nurse safety comes first. Consistent performance has helped the hospital maintain a CMS 4 Star Rating and a current Leapfrog A. Its position in the market has resulted in consistent, sustainable service line growth and development.
Job Overview:
We have an exciting opportunity to join our leadership team at Hillcrest Hospital South as a Chief Financial Officer.
The Chief Financial Officer (CFO) is responsible for the overall financial administration for the facility. Additional areas of responsibility may include: general accounting, data processing, materials management, information systems, and financial reporting. This position ensures that the internal controls are adequate to safeguard the assets of each entity and that the accounting systems are sufficient to generate accurate and timely financial reporting.
Responsibilities
- Help create and implement initiatives in order to build and grow the facility.
- Help analyze and see ideas from a financial mindset in order to help ensure the success of future endeavors.
- Consult the Division CFO and Corporate office personnel concerning the facility’s financial affairs, financial goals, and objectives.
- Develop the operating policies and procedures.
- Ensure the accurate review of product line analysis, and consult with the facility CEO and Division CFO.
- Prepare financial and management reports and prepare and administer the facility’s annual operation and capital budget.
- Partner with facility CEO and other executive team members on preparing the annual facility business plan.
- Plan and coordinate functions and activities of assigned departments. Responsibilities include evaluating performance and initiating or recommending personnel actions and maintaining good employee relations with department staff.
- Ongoing monitoring of expense structure to identify opportunities for efficiencies and cost reduction.
- Actively participate in Board of Trustees, Medical Staff and community meetings.
- Direct preparation of projections to inform facility and Division leadership of anticipated performance in future periods.
- Review and maintain a healthy revenue cycle to ensure consistent cash flow.
- Work with the Division and joint venture partner on managed care negotiations to maximize payer contracts.
Qualifications
Required Qualifications
- Bachelor’s Degree in accounting/finance or related field required.
- Master's Degree from an accredited college or university in Hospital Administration or Business Administration preferred.
- Previous experience as a hospital CFO.
- Current knowledge of The Joint Commission, OSHA, state and federal regulatory standards.
- Excellent leadership and interpersonal skills to effectively communicate ideas, problems, instructions (written and oral) with corporate management staff, facility management staff and employees.
- Ability to analyze situations, evaluate data, recommend, and implement courses of action that would improve the functioning of the company.
- Ability to interpret, adapt, and apply guidelines, policies and procedures.
- Ability to use sound judgment in decision making and react calmly and effectively in an emergency situation.
- Knowledge of strategic planning and short and long-range goal implementation.
Preferred Qualifications
- Experience in an integrated health delivery system, strongly preferred.
- CPA certification.
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