LifePoint Health, Inc.

Chief Financial Officer (CFO) at Raleigh General in Beckley, WV at Health Support Center

Posted on: 27 Jan 2021

Beckley, WV

Job Description

Job Description

LifePoint Health- Health Support Center

Job Summary:

The Chief Financial Officer provides leadership and direction to all financial departments for the overall fiscal responsibility of the hospital.

General Responsibilities:

* Administers the general accounting, patient business services, including third party reimbursement, financial, and statistical reporting functions of the hospital in accordance with established policies and accounting procedures.

* Provides formal or informal direction in data processing, distributed systems, material management and medical records functions.

* Trains subordinates on the above areas and monitors performance to ensure fiscal responsibilities are fulfilled.

* Assists the CEO in the development of long and short-range hospital operations plans that may include service demand analyses, resources availability analyses and cost benefit analyses of proposed capital and staff expansions.

* Develops long and short-range operational and capital budgets, which are supported by the hospitals long and short range plans and objectives.

* Prepares cash flow analyses and budget variance analyses.

* Recommends budget modifications as required. Assists managers in the development of departmental budgets.

* Monitors, interprets and analyzes hospital financial performance in realizing established plans and objectives of the hospital.

* Identifies and reports undesirable trends and potential business opportunities and makes recommendations for action.

* Directs the preparation of internal financial reports including work papers for annual financial audit.

* Assures the timely and accurate preparation of financial reports and assures that the reports reliably reflect the financial position of the hospital.

* Assumes a lead role in analyzing and exploring means of reducing hospital operating costs and increasing revenues based on knowledge of market trends, financial reports and operating procedures.

* Responsible for direction and submission on a timely basis all financial data associated reports required by government and other regulated agencies including payroll tax reports, public disclosure reports and third party payor cost reports.

Job Requirements

Minimum Qualifications (Experience, Education and Special Certifications)

* Bachelors Degree in Accounting or Finance and the knowledge of generally accepted accounting principals, and verbal, interpersonal and quantitative skills normally acquired through completion of this degree is required.

* CPA or Master's Degree strongly preferred.

* A minimum of 3 years of experience working at the CFO level in an acute-care hospital is required.

* Minimum of three years of progressive management experience in an investor-owned healthcare organization required.

* Must be a strong, hands-on and approachable leader who understands the value of being a team-player and have an outgoing and friendly personality.

* Must understand how to motivate and inspire staff to achieve optimal results, while keeping employee satisfaction high.

LifePoint Health is committed to providing Equal Employment Opportunities for all applicants and employees and complies with all applicable laws prohibiting discrimination against any employee or applicant for employment because of color, race, sex, age, religion, national origin, disability, genetic information, gender identity, sexual orientation, veterans status or any other basis protected by applicable federal, state or local law.

LifePoint Health, Inc.

Brentwood, TN

Across our network and at our Health Support Center, we are united by a shared mission and vision, core values and guiding principles that drive everything we do and inform our approach to patient care, quality and how we do busine. We know that to achieve our vision of creating places where people choose to come for healthcare, physicians want to practice and employees want to work, we must organize around the right strategies. At LifePoint, our strategies are simple and enduring. 

Our Operating Groups

LifePoint's facilities and practices are divided into four operating divisions: Eastern, Central, Mountain and Western. Each of these divisions has a leadership team that mirrors a hospital's leadership team, including a president and dedicated physician and provider leadership resources. 

Our Health Support Center

Our Health Support Center (HSC), in Brentwood, Tennessee, has subject matter expertise in every area of healthcare operations and provider services. The HSC is organized to bring resources to bear across the continuum of care, from before a patient accesses healthcare services to after they are sent home, while keeping quality and compliance at the center. 

On a daily basis, our group leaders and subject matter experts are working with our local markets to help develop and implement the right strategies that ensure healthcare thrives in their communities. 

Our Physicians

Physicians are a critical access point to care in our communities. We work to build and maintain collaborative relationships with both our employed physicians and a broad network of affiliated providers, and we provide a full spectrum of practice management and physician support to help secure the delivery of quality care today and for the future.

 

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