Chief Financial Officer- Abrazo West Campus
Tenet HealthcareAbout the role
COMPANY BACKGROUND:
Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company headquartered in Dallas. Our care delivery network includes United Surgical Partners International, the largest ambulatory platform in the country, which operates ambulatory surgery centers and surgical hospitals. We also operate a national portfolio of acute care and specialty hospitals, other outpatient facilities, a network of leading employed physicians and a global business center in Manila, Philippines. Our Conifer Health Solutions subsidiary provides revenue cycle management and value-based care services to hospitals, health systems, physician practices, employers, and other clients. Across the Tenet enterprise, we are united by our mission to deliver quality, compassionate care in the communities we serve. For more information, please visit www.tenethealth.com.
MARKET SUMMARY:
Phoenix Group
Abrazo West Campus
Abrazo West Campus, part of the “Abrazo Community Health Network chain of hospitals," is a 216-bed acute care community hospital offering state-of-the-art spine, orthopedics, cardiovascular services, obstetrics, advanced robotic surgical procedures, a new 24-bed inpatient rehab facility plus full-service emergency services with an offsite ED. The hospital sees over 55,000 emergency patients annually. A Level 1 Trauma Center, Abrazo West Campus is recognized for providing exceptional comprehensive care to patients in the one of the fastest growing metro areas in the country.
The facility is also Joint Commission-designated primary stroke plus center and is certified as a cardiac arrest center. https://www.abrazohealth.com/our-locations/abrazo-west-campus
POSITION SUMMARY:
The Chief Financial Officer has responsibility for safeguarding the facility assets and ensuring the financial statements, including the books and records, are prepared and maintained in accordance with GAAP. The Chief Financial Officer is also responsible for ensuring compliance with company financial and accounting policies and procedures and ensuring internal controls are effective in both design and operation, including the routine monitoring of controls. Additionally, the Chief Financial Officer is a key member of the Facility A-Team and, as such, participates in establishing and implementing strategic business plans for the facility. He/she is a key member of the facility management team that interacts and communicates on a regular basis with an array of internal and external constituents, including various regulatory bodies.
FUNCTIONAL EXPECTATIONS & REQUIREMENTS:
The Chief Financial Officer has responsibility for the identification and independent assessment of financial risk, establishing and monitoring of mitigation plans, and for the communication of financial risk and opportunity to the Group Chief Financial Officer and Facility Chief Executive Officer. The Chief Financial Officer is also responsible for the monitoring of financial performance and the maintenance of reasonable and appropriate financial plans and forecasts. The Chief Financial Officer must have strong business acumen in order to work collaboratively and effectively with home office departments, such as Compliance, Home Office Accounting/Financial Reporting, Information Systems, Internal Audit, Legal, Treasury and other departments that provide support services to the facility
The Chief Financial Officer is responsible for the monitoring of the revenue cycle process and, along with other revenue cycle stakeholders, the improvement of the revenue cycle process through rate setting, charge capture, managed care negotiations, and cash collections.
The Chief Financial Officer is also responsible for the evaluation and management of investments in capital projects by applying unbiased scrutiny in determining the financial impact and ROI of such projects and managing the capital spend in accordance with the capital cash flow projections.
As such, the CFO’s responsibilities are to:
- Analyze daily operating results to ensure that revenues, expenses, and labor are within budgeted objectives; advise department heads and administration of needed changes and improvements in a timely manner.
- Establish and maintain sound financial controls and record keeping; approve financial expenditures up to the level established by the CEO.
- Keep abreast of government r
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