Community Hospital
Chief Financial Officer (CFO), Hunt Regional Healthcare
Community Hospital, Greenville, Texas, United States, 75402
Chief Financial Officer
Hunt Regional Healthcare, a leading independent Hospital District anchored by a 187-bed medical center in Greenville, Texas, is seeking an experienced and strategic healthcare executive to assume the role of Chief Financial Officer (CFO). This individual will be a core member of the executive leadership team, reporting directly to the CEO, and will drive the financial strategy, health, and sustained success of the entire system. The Chief Financial Officer is the lead financial strategist for Hunt Regional Healthcare. This position has the direct responsibility for planning, organizing, and directing the fiscal services of the District, including the development, interpretation, coordination, and administration of the District's policies on finance, accounting, insurance, compliance, and auditing. The CFO provides a strategic financial perspective into the future growth activities of the District, overseeing all financial activities, including accounting, financial reporting, budgeting, treasury, capital planning, revenue cycle management, and financial compliance. The CFO will provide executive-level guidance to support the hospital's strategic goals, ensure long-term fiscal stability, and foster strong relationships with the Board of Directors, executive leadership, and operational managers. Major Responsibilities Financial Planning, Budgeting, and Performance
Lead the development and coordination of the annual operating, service demand, capital, and cash flow budgets of the District. Responsible for the financial evaluation of new business ventures, and/or capital and equipment acquisitions. Direct the development, implementation, and utilization of an appropriate productivity management system. Responsible for the planning, directing, facilitating, and presenting of proposals to the Hunt Memorial Hospital District Finance Committee and the Board of Directors. Treasury, Debt Management, and Risk
Direct the investment of District funds in compliance with the Board Investment policy, ensuring security of investment principal and optimization of investment returns. Administer the debt structure of the District, ensuring prompt payment of debt instruments and conducting periodic reviews for most advantageous structure, cost, and terms. Assist in the review of insurance policies of the District to maintain appropriate coverage at the least costly rates and superior service. Responsible for the administration and review of payment schedules for the District's construction projects to ensure timely and accurate payments. Revenue Cycle, Reimbursement, and Payer Relations
Oversee and lead negotiations with third-party payors for optimal reimbursement and contract performance of managed care contracts. Administration of all Medicare & Medicaid Reimbursement issues, including the completion and review of the annual cost reports. Responsible for the review of management and service contracts in order to optimize the District's interests. Organize and manage the payment of Physician subsidies as determined by contractual arrangement. Accounting, Compliance, and Internal Controls
Oversee all accounting functions, including the preparation of accurate, timely, and insightful financial statements, regulatory filings, and reports. Responsible for the administration and coordination of the independent audit activities of the District, including the review of all proposed audit adjustments and completion of appropriate work papers. Review of internal control activities to minimize the level of risk of fraud against the district. Reinforce HRH's values, promote the Compliance Plan, and demonstrate proficiency in applicable laws and standards. Executive Leadership & Collaboration
Serve as a key advisor to the CEO and other executives on business development, operational efficiencies, and major strategic initiatives. Assist in the development of the current and future activities of the Hunt Regional Healthcare Foundation (HFDC). Perform activities consistent with the development of the team approach, i.e., being a team player and/or leader.
Hunt Regional Healthcare, a leading independent Hospital District anchored by a 187-bed medical center in Greenville, Texas, is seeking an experienced and strategic healthcare executive to assume the role of Chief Financial Officer (CFO). This individual will be a core member of the executive leadership team, reporting directly to the CEO, and will drive the financial strategy, health, and sustained success of the entire system. The Chief Financial Officer is the lead financial strategist for Hunt Regional Healthcare. This position has the direct responsibility for planning, organizing, and directing the fiscal services of the District, including the development, interpretation, coordination, and administration of the District's policies on finance, accounting, insurance, compliance, and auditing. The CFO provides a strategic financial perspective into the future growth activities of the District, overseeing all financial activities, including accounting, financial reporting, budgeting, treasury, capital planning, revenue cycle management, and financial compliance. The CFO will provide executive-level guidance to support the hospital's strategic goals, ensure long-term fiscal stability, and foster strong relationships with the Board of Directors, executive leadership, and operational managers. Major Responsibilities Financial Planning, Budgeting, and Performance
Lead the development and coordination of the annual operating, service demand, capital, and cash flow budgets of the District. Responsible for the financial evaluation of new business ventures, and/or capital and equipment acquisitions. Direct the development, implementation, and utilization of an appropriate productivity management system. Responsible for the planning, directing, facilitating, and presenting of proposals to the Hunt Memorial Hospital District Finance Committee and the Board of Directors. Treasury, Debt Management, and Risk
Direct the investment of District funds in compliance with the Board Investment policy, ensuring security of investment principal and optimization of investment returns. Administer the debt structure of the District, ensuring prompt payment of debt instruments and conducting periodic reviews for most advantageous structure, cost, and terms. Assist in the review of insurance policies of the District to maintain appropriate coverage at the least costly rates and superior service. Responsible for the administration and review of payment schedules for the District's construction projects to ensure timely and accurate payments. Revenue Cycle, Reimbursement, and Payer Relations
Oversee and lead negotiations with third-party payors for optimal reimbursement and contract performance of managed care contracts. Administration of all Medicare & Medicaid Reimbursement issues, including the completion and review of the annual cost reports. Responsible for the review of management and service contracts in order to optimize the District's interests. Organize and manage the payment of Physician subsidies as determined by contractual arrangement. Accounting, Compliance, and Internal Controls
Oversee all accounting functions, including the preparation of accurate, timely, and insightful financial statements, regulatory filings, and reports. Responsible for the administration and coordination of the independent audit activities of the District, including the review of all proposed audit adjustments and completion of appropriate work papers. Review of internal control activities to minimize the level of risk of fraud against the district. Reinforce HRH's values, promote the Compliance Plan, and demonstrate proficiency in applicable laws and standards. Executive Leadership & Collaboration
Serve as a key advisor to the CEO and other executives on business development, operational efficiencies, and major strategic initiatives. Assist in the development of the current and future activities of the Hunt Regional Healthcare Foundation (HFDC). Perform activities consistent with the development of the team approach, i.e., being a team player and/or leader.