Chief Financial Officer, Optum Care Delivery South (WellMed)

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WellMed Medical Group, part of Optum Care, is a physician-led, patient-centric organization focused on delivering proactive, preventive care for older adults-primarily in Texas. Founded in 1990, WellMed has grown into a comprehensive, integrated care delivery platform serving over one million patients through a broad network of primary care providers, specialists and care teams.

The WellMed care model emphasizes value-based care, chronic disease management and coordinated, team-based delivery to improve outcomes, reduce unnecessary utilization and enhance the patient experience.

The CFO, Optum Care Delivery South (WellMed) is responsible (in partnership with the Optum Health Care Delivery CFO and broader executive leadership team) for providing strategic financial leadership, performance management and operational insight across WellMed while also navigating the matrixed corporate structure of Optum Health.

This leader will support a large-scale, physician-led care delivery system operating under value-based, risk-based and fee-for-service models, with a strong emphasis on Medicare Advantage populations and complex chronic care management.

As a member of the senior leadership team, the CFO will serve as a critical business partner, translating financial performance into actionable strategies that drive growth, affordability and quality outcomes.
 

Primary Responsibilities: 

• Enterprise Leadership & Business Partnership
  • Serve as a core member of the South Region leadership team, accountable for financial performance and strategic outcomes
  • Partner closely with clinical and operational leaders to align financial strategy with care delivery priorities
  • Leverage Healthcare Economics team to support field operations, provide actionable insights to clinical leaders, and evaluate complex VBC arrangements with provider partners
  • Enable execution of WellMed's value-based care model through financial insight and discipline

• Financial Planning & Performance Management
  • Lead budgeting, forecasting and long-range planning processes across the South region
  • Drive transparency into performance through robust reporting, analytics and executive dashboards
  • Rapidly assess financial and operational challenges and translate into clear executive recommendations

• Value-Based Economics & Medical Cost Management
  • Lead financial oversight of risk-based and capitated arrangements (MA, value-based contracts)
  • Conduct medical cost trend analysis, utilization review and performance optimization strategies
  • Partner with clinical teams to improve outcomes while managing total cost of care

• Growth, Network & Strategic Initiatives
  • Support market expansion, provider network growth and clinic footprint optimization
  • Provide financial leadership for M&A activity including valuation, diligence, structuring and integration
  • Evaluate investments in care delivery capabilities (primary care, specialty services ancillary offerings)

• Operational Efficiency & Cost Management
  • Monitor operating costs across clinics, care delivery services and support functions
  • Identify and implement cost efficiency initiatives and productivity improvements
  • Advance standardization, scalability and operational rigor across the region

• Capital Allocation & Infrastructure
  • Lead capital planning, prioritization and deployment across clinics and service lines
  • Support investments in care model innovation, technology and patient experience capabilities

• Organization & Ta