Health System Chief Financial Officer - Osage Beach, United States - Lake Regional Health System
Description
DCCS invites you to explore an exciting opportunity with our client, Lake Regional Health System (LRHS) located in beautiful Osage Beach, MO for the position of Chief Financial Officer.
Lake Regional Health System (LRHS) resides in a competitive marketplace and has been able to maintain its independence by strategic capital investment, medical staff alignment, a solid payor mix, and a loyal community.
LRHS 500,000-square-foot, 121-bed hospital features private patient rooms, a large Outpatient department and a 35-bed Emergency Department. The Emergency Department is a state-designated Level III Trauma Center that treats nearly 31,000 patients annually.
The hospital also features an 18-bed Intensive Care/Cardiac Care Unit and an 18-bed Progressive Care Unit. LRHS Family Birth Center includes a Level II Nursery.
Lake Regional also is a state-designated Level II Stroke Center and Level II STEMI (heart attack) Center and has The Joint Commission's Gold Seal of Approval and the American Stroke Association's Heart-Check mark for Primary Stroke Center Certification.
The hospital is accredited by The Joint Commission.
Lake Regional Health System also includes seven primary care clinics; 20+ specialty clinics; three walk-in care clinics; four satellite physical and cardiac rehab therapy sites; three retail pharmacies; a skilled nursing facility; and home health and hospice services.
About Osage Beach
Living in Osage Beach, MO, offers a unique and appealing lifestyle that might just be the perfect fit for you.
Osage Beach tends to have a more affordable cost of living ,
and for a lake area, it's the 11th lowest in the nation.
You can enjoy the benefits of waterfront living and outdoor recreation without breaking the bank, making it an attractive option for those seeking affordability and quality of life.
The town's popularity as a tourist destination means you'll have access to a range of amenities. Enjoy diverse dining options, boutique shopping, and entertainment venues. Osage Beach strikes a balance between a laid-back lifestyle and vibrant tourist offerings.Position Description
The CFO is responsible for overseeing all aspects of financial operations, including budgeting, forecasting, financial reporting, and revenue cycle management.
The CFO assists the hospital's governing board and CEO in the development of long-term and short-term operational and fiscal plans, which may include service demand analyses, resources availability analyses, and cost benefit analyses of proposed capital and staff expansions.
Highlights And Responsibilities:
Financial Planning and Analysis:
Developing and implementing financial plans, budgets, and forecasts to ensure the health system's financial health and sustainability.
Financial Reporting:
Ensuring accurate and timely financial reporting to stakeholders, including the board of directors, executive team, regulatory agencies, and creditors.
Revenue Cycle Management:
Overseeing revenue cycle processes, including billing, coding, collections, and reimbursement, to optimize revenue generation and cash flow.
Cost Management:
Identifying opportunities to reduce costs and improve efficiency across the organization while maintaining high-quality patient care.
Financial Compliance:
Ensuring compliance with relevant financial regulations, laws, and accounting standards, such as GAAP (Generally Accepted Accounting Principles) and healthcare-specific regulations like HIPAA (Health Insurance Portability and Accountability Act).
Strategic Financial Decision-Making:
Providing financial analysis and insights to support strategic decision-making by the executive team and board of directors, such as capital investments, mergers and acquisitions, and strategic partnerships.
Treasury Management:
Managing the health system's cash flow, investments, debt, and liquidity to optimize financial resources and minimize financial risks.
Financial Risk Management:
Identifying and managing financial risks, such as reimbursement changes, regulatory changes, economic fluctuations, and healthcare industry trends.
Leadership and Team Management:
Leading the finance team, providing mentorship and guidance, and fostering a culture of accountability, innovation, and continuous improvement.
Collaboration with Other Departments:
Collaborating with other departments, such as operations, clinical services, and strategic planning, to align financial strategies with organizational goals and objectives.
Master's Degree in Business Administration, Accounting, or Finance.
Certified Public Accountant designation (Preferred)
8+ years of experience in financial department management.
5+ years of supervisory experience.
Job Type:
Full-time
Benefits:
401(k)
401(k) matching
Dental insurance
Flexible spending account
Health insurance
Health savings account
Life insurance
Paid time off
Professional development assistance
Relocation assistance
Retirement plan
Tuition reimbursement
Vision insurance
Schedule:
Monday to Friday
Education:
Master's (Required)
Experience:
Chief Financial Officer: 5 years (Required)
Management: 5 years (Required)
Revenue cycle management: 5 years (Required)
Healthcare Finance: 8 years (Required)
License/Certification:
CPA (Preferred)
Ability to Relocate:
Osage Beach, MO 65065:
Relocate before starting work (Required)
Work Location:
In person
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