Universal Hospital Services Inc.
Chief Financial Officer - The Pavilion Behavioral Health System
Universal Hospital Services Inc., Champaign, Illinois, us, 61825
Responsibilities
The Pavilion Behavioral Health System is a 106-bed behavioral health facility located in Champaign, Illinois. The hospital provides acute inpatient care, partial hospitalization programs, residential programs, addiction treatment, and intensive outpatient programs.
To learn more visit: https://pavilionhospital.com/
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 meetings 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 programs, contracts, etc. to determine estimated outcome. Monitors and evaluates success/failure of implemented programs 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 discusses anticipated changes to highlight future needs and trends of the facility. Tailors 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, and 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
401(k) plan with company match
Generous Paid Time Off
Relocation benefits
Bonus opportunity
UHS Stock opportunity
EEO Statement All UHS subsidiaries are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. UHS subsidiaries are equal opportunity employers and as such, openly support and fully commit to recruitment, selection, placement, promotion and compensation of individuals without regard to race, color, religion, age, sex (including pregnancy, gender identity, and sexual orientation), genetic information, national origin, disability status, protected veteran status or any other characteristic protected by federal, state or local laws. We believe that diversity and inclusion among our teammates is critical to our success.
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To learn more visit: https://pavilionhospital.com/
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 meetings 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 programs, contracts, etc. to determine estimated outcome. Monitors and evaluates success/failure of implemented programs 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 discusses anticipated changes to highlight future needs and trends of the facility. Tailors 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, and 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
401(k) plan with company match
Generous Paid Time Off
Relocation benefits
Bonus opportunity
UHS Stock opportunity
EEO Statement All UHS subsidiaries are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. UHS subsidiaries are equal opportunity employers and as such, openly support and fully commit to recruitment, selection, placement, promotion and compensation of individuals without regard to race, color, religion, age, sex (including pregnancy, gender identity, and sexual orientation), genetic information, national origin, disability status, protected veteran status or any other characteristic protected by federal, state or local laws. We believe that diversity and inclusion among our teammates is critical to our success.
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