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Chief Financial Officer

1 month ago

Orlando, United States Health First Full time

POSITION SUMMARY

To provide proper financial counsel to all parties of interest within the organization. The Executive Vice President of Finance is charged with assuring the overall financial viability of the entire corporate organization to include Health First, Inc. and subsidiary organizations. The primary areas of responsibility include finance, investments and cash management, budgeting, debt management, third party reimbursement, reporting systems, rate setting, financial guidance, audit, board relations, managed care contracting, revenue cycle management and mergers and acquisitions.

PRIMARY ACCOUNTABILITES 

  • Provide assistance and counsel to Administration, Board of Directors, Medical Staff, and the Organization of all financial matters affecting the operations of the organization. 
  • Supervise, assist and plan the activities and functions of the departments of Finance, Patient Business Services, Decision Support, Managed Care, Health First Physicians Finance, Health First Health Plans Finance and Health Information Management.
  • Review, plan and monitor the data collection and reporting system requirements of the organization and coordinate the information flow of data.
  • Perform all duties assigned by the President/Chief Executive Officer as requested.
  • General Accounting, Billing and collection, accounts payable, financial statement preparations and presentation; board relations/explanation as to financial matters; treasury matters; investment and financing decisions; management; budget preparation; internal audit; pro-forma presentation and financial analysis of new and existing ventures; recommendations regarding insurance and risk alternatives, protect the assets of the organization, managing the Treasury functions of the organization, financial reporting, managing reimbursement issues and relationships with regulatory agencies, budgeting and capital planning, managing relationships with external auditors, keeping Board of Trustees, management and the community at large informed as to issues which affect the financial viability of the organization, assuring best pricing obtained by the organization for operating and capital items, and assuring maximization of revenues through negotiation of managed care contracts and an efficient Revenue Cycle function.
  • Plan and direct investment and cash management strategies to optimize 
    investment returns on liquid cash management accounts, funded depreciation accounts, unrestricted investment accounts and trustee funds for debt service reserve and construction accounts.
  • Establish, evaluate and implement the rate settings process for optimization of third-party reimbursement and compliance with regulatory agencies and payers such as the Agency for Health Care Administration, Medicare, Medicaid and Blue Cross.
  • Monitor actual performance to budgeted revenue performance to stay within established guidelines and to adjust or amend accordingly.
  • Maintain a close working relationship with the Directors of Finance, Utilization Management, Management information systems and Patient Business Services and their involvement in third party reimbursement issues. Monitor and control the functions of those departments in a manner which will optimize reimbursement from Medicare and Medicaid and allow the Organization to benefit from all legal reimbursement options.

LEADERSHIP ACCOUNTABILITIES

  • Define and communicate a clear, compelling vision for the team that effectively ties into the mission and vision of Health First, and inspirationally lead the team to achieve that vision.
  • Provide leadership, motivation, coaching, feedback and support to foster and strengthen growth and development of an effective, high performing team.
  • Lead change through effective communication, explaining the connection and value to the organization, creating stronger buy-in and urgency, while understanding impact to the team to obtain commitment.
  • Demonstrate openness to hearing diverse ideas and thoughts; create a sense of inclusivity; and encourage collaboration across teams to help break down silos to meet the team’s and organization’s goals. 
  • Recruit, select, grow, and retain highly engaged, high performing diverse and inclusive associates.
  • Display strong strategic and financial acumen in areas of responsibility in alignment with the organization's strategic objectives.