United Surgical Partners International, Inc
USPI Market CFO – Dallas-Fort Worth Market
United Surgical Partners International, Inc, Dallas, Texas, United States, 75215
USPI Market CFO – Dallas-Fort Worth Market
role at
United Surgical Partners International, Inc
Overview The Market Chief Financial Officer will oversee the financial performance and integrity of a USPI portfolio of facilities across a Market (a collection of USPI regions). He/she will ensure that all facilities in the Market run in the most margin-optimized manner possible and that financial risks are managed appropriately.
The Market Chief Financial Officer serves as a key member of the USPI Market Leadership Team, participating in establishing and implementing annual plans, operational improvement and financial controls. He/she communicates regularly with a range of internal and external constituents, including key partners, as needed.
The Market Chief Financial Officer is responsible for identifying and independently assessing operational optimization, establishing and monitoring action plans, and communicating opportunities and progress to USPI’s VP of Operations Finance, the Market President and Corporate Leadership. The CFO monitors financial performance at the facility, regional and market levels to ensure alignment with budget expectations.
The CFO is responsible for monitoring revenue cycle processes, growth initiatives including evaluation of new service lines and investments (operating expense or capital), labor management, supply chain efficiency, and other expense management. He/she must have strong business acumen and leadership to manage business office managers, directors of materials management, surgical hospital CFOs, etc., as needed through solid/dotted line reporting. He/she also works effectively with Corporate USPI and Tenet Healthcare departments such as Accounting / Financial Reporting, Internal Audit, Legal, Compliance, and other support departments.
Responsibilities
Evaluate daily and weekly operating results to ensure revenues, expenses, and labor are within targets; inform facility leadership of needed improvements in a timely manner.
Establish and maintain sound financial controls and record keeping, including approving labor and non-labor expenditures up to an established level.
Continuously monitor facilities’ overall financial position relative to budget expectations; participate in operating reviews and earnings optimization plan development and implementation.
Interface with appropriate departments on key budget assumptions and routine reviews to ensure appropriate resource utilization that impacts financial performance.
Prepare financial forecasts and monitor performance versus budget; consolidate results, develop rolling 90-day forecasts with facility accounting support, and implement cash management controls.
Prepare mid-month projects for the respective regions and drive actionable tactics to pivot and improve overall margins.
Coordinate with other senior leaders in developing major strategic and financial plans, including capital expenditure programs.
Review, evaluate and ensure the effectiveness of all financial systems and processes across facilities; direct the development and implementation of new policies and procedures as required.
Assist in developing new business by analyzing the feasibility of new programs, including managed care contracts, and advise management on the financial prospects.
Stay informed about government regulatory requirements and changing reimbursement environments to develop and implement policy changes as needed.
Attend promptly to administrative details of the position, including signing documents, preparing reports, completing performance appraisals and other employee-related actions.
Ensure financial operations are carried out in an ethical, compliant, and responsible manner.
Ensure continued financial education and reporting to existing partnerships.
Qualifications
Has a track-record of delivering year-over-year improved financial performance in a complex, matrix organization.
Establishes realistic and aggressive financial goals, targets, and metrics consistent with corporate, market and facility priorities across core operations finance areas including but not limited to volume/acuity, revenue cycle performance, expense management.
Sets and maintains fiscal year pace and rigor for facility management with a high degree of financial operational excellence (e.g., planning, contracts, forecasting, cash management).
Effectively gauges external factors and trends to provide a forward-looking perspective when creating business strategy and forecasting.
Demonstrates business and analytical skills to identify gaps in the current business plan and actively refreshes the financial outlook and strategy as needed (e.g., case management, staff/volume adjustment, net revenue management).
Acts as full partner at facility, market and corporate level in pursuit of earnings optimization opportunities across revenue integrity, volume and service line growth, and cost efficiency.
Actively engages facility leadership and physicians in improving short- and long-term results (e.g., facility earnings improvement plans, labor management, supply management efficiency, capital prioritization and vetting, reporting systems).
Demonstrates excellence in engagement and communications, with a highly visible leadership approach, that results in financial understanding and “ownership” at all levels across markets.
Maintains high quality standards (e.g., oversee preparation of financial statements and business plans; ensures optimal internal audits with no Sarbanes-Oxley items; maintains and addresses monthly internal control checklist).
Education A Bachelor’s degree in Business, or appropriately relevant field, is required. A Master’s degree in Business, Healthcare Administration or Public Health is highly preferred. A CPA designation is highly preferred.
Experience Minimum of 5-7 years of experience in the healthcare industry in a progressive finance role with knowledge of industry dynamics, financial planning and core operations finance processes.
Other requirements
Exhibited success in a finance leadership role in healthcare
Proven experience in using data to drive financial and operational improvement
Skilled at team building and has a track record of being a collaborative and effective manager
Possess and demonstrate excellent organizational, interpersonal, and communication skills
Capacity to work independently with minimal supervision
Ability to accommodate moderate travel to facilities, depending on need
USPI complies with federal, state, and/or local laws regarding mandatory vaccination of its workforce. If you are offered this position and must be vaccinated under any applicable law, you will be required to show proof of full vaccination or obtain an approval of a religious or medical exemption prior to your start date. If you receive an exemption from the vaccination requirement, you will be required to submit to regular testing in accordance with the law.
Seniority level
Executive
Employment type
Full-time
Job function
Finance and Sales
Industries
Hospitals and Health Care
#J-18808-Ljbffr
role at
United Surgical Partners International, Inc
Overview The Market Chief Financial Officer will oversee the financial performance and integrity of a USPI portfolio of facilities across a Market (a collection of USPI regions). He/she will ensure that all facilities in the Market run in the most margin-optimized manner possible and that financial risks are managed appropriately.
The Market Chief Financial Officer serves as a key member of the USPI Market Leadership Team, participating in establishing and implementing annual plans, operational improvement and financial controls. He/she communicates regularly with a range of internal and external constituents, including key partners, as needed.
The Market Chief Financial Officer is responsible for identifying and independently assessing operational optimization, establishing and monitoring action plans, and communicating opportunities and progress to USPI’s VP of Operations Finance, the Market President and Corporate Leadership. The CFO monitors financial performance at the facility, regional and market levels to ensure alignment with budget expectations.
The CFO is responsible for monitoring revenue cycle processes, growth initiatives including evaluation of new service lines and investments (operating expense or capital), labor management, supply chain efficiency, and other expense management. He/she must have strong business acumen and leadership to manage business office managers, directors of materials management, surgical hospital CFOs, etc., as needed through solid/dotted line reporting. He/she also works effectively with Corporate USPI and Tenet Healthcare departments such as Accounting / Financial Reporting, Internal Audit, Legal, Compliance, and other support departments.
Responsibilities
Evaluate daily and weekly operating results to ensure revenues, expenses, and labor are within targets; inform facility leadership of needed improvements in a timely manner.
Establish and maintain sound financial controls and record keeping, including approving labor and non-labor expenditures up to an established level.
Continuously monitor facilities’ overall financial position relative to budget expectations; participate in operating reviews and earnings optimization plan development and implementation.
Interface with appropriate departments on key budget assumptions and routine reviews to ensure appropriate resource utilization that impacts financial performance.
Prepare financial forecasts and monitor performance versus budget; consolidate results, develop rolling 90-day forecasts with facility accounting support, and implement cash management controls.
Prepare mid-month projects for the respective regions and drive actionable tactics to pivot and improve overall margins.
Coordinate with other senior leaders in developing major strategic and financial plans, including capital expenditure programs.
Review, evaluate and ensure the effectiveness of all financial systems and processes across facilities; direct the development and implementation of new policies and procedures as required.
Assist in developing new business by analyzing the feasibility of new programs, including managed care contracts, and advise management on the financial prospects.
Stay informed about government regulatory requirements and changing reimbursement environments to develop and implement policy changes as needed.
Attend promptly to administrative details of the position, including signing documents, preparing reports, completing performance appraisals and other employee-related actions.
Ensure financial operations are carried out in an ethical, compliant, and responsible manner.
Ensure continued financial education and reporting to existing partnerships.
Qualifications
Has a track-record of delivering year-over-year improved financial performance in a complex, matrix organization.
Establishes realistic and aggressive financial goals, targets, and metrics consistent with corporate, market and facility priorities across core operations finance areas including but not limited to volume/acuity, revenue cycle performance, expense management.
Sets and maintains fiscal year pace and rigor for facility management with a high degree of financial operational excellence (e.g., planning, contracts, forecasting, cash management).
Effectively gauges external factors and trends to provide a forward-looking perspective when creating business strategy and forecasting.
Demonstrates business and analytical skills to identify gaps in the current business plan and actively refreshes the financial outlook and strategy as needed (e.g., case management, staff/volume adjustment, net revenue management).
Acts as full partner at facility, market and corporate level in pursuit of earnings optimization opportunities across revenue integrity, volume and service line growth, and cost efficiency.
Actively engages facility leadership and physicians in improving short- and long-term results (e.g., facility earnings improvement plans, labor management, supply management efficiency, capital prioritization and vetting, reporting systems).
Demonstrates excellence in engagement and communications, with a highly visible leadership approach, that results in financial understanding and “ownership” at all levels across markets.
Maintains high quality standards (e.g., oversee preparation of financial statements and business plans; ensures optimal internal audits with no Sarbanes-Oxley items; maintains and addresses monthly internal control checklist).
Education A Bachelor’s degree in Business, or appropriately relevant field, is required. A Master’s degree in Business, Healthcare Administration or Public Health is highly preferred. A CPA designation is highly preferred.
Experience Minimum of 5-7 years of experience in the healthcare industry in a progressive finance role with knowledge of industry dynamics, financial planning and core operations finance processes.
Other requirements
Exhibited success in a finance leadership role in healthcare
Proven experience in using data to drive financial and operational improvement
Skilled at team building and has a track record of being a collaborative and effective manager
Possess and demonstrate excellent organizational, interpersonal, and communication skills
Capacity to work independently with minimal supervision
Ability to accommodate moderate travel to facilities, depending on need
USPI complies with federal, state, and/or local laws regarding mandatory vaccination of its workforce. If you are offered this position and must be vaccinated under any applicable law, you will be required to show proof of full vaccination or obtain an approval of a religious or medical exemption prior to your start date. If you receive an exemption from the vaccination requirement, you will be required to submit to regular testing in accordance with the law.
Seniority level
Executive
Employment type
Full-time
Job function
Finance and Sales
Industries
Hospitals and Health Care
#J-18808-Ljbffr