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Senior Director, Financial Operations

Community Health Systems
United Statesfull_timeVerifiedPosted 16 Dec 2024

About the role

Community Health Systems is one of the nation’s leading healthcare providers. Developing and operating healthcare delivery systems in 39 distinct markets across 15 states, CHS is committed to helping people get well and live healthier. CHS operates 69 acute-care hospitals and more than 1,000 other sites of care, including physician practices, urgent care centers, freestanding emergency departments, occupational medicine clinics, imaging centers, cancer centers and ambulatory surgery centers.

 

Summary:

The Senior Director of Financial Operations is intended to assist the VP of Financial Operations in oversight of financial strategy, operations, and management of all Provider Services. The position is expected to assist the Regional Practice Directors, hospital Chief Financial Officers and Chief Executive Officers, and other Corporate PPS, PPSI, and HBP leadership with compliance with regulations and corporate policies and procedures, providing meaningful analysis and review of data to drive improved performance and growth, and any other areas needing assistance or direction on a daily basis.

 

Essential Responsibilities:

  • Responsible for the completion of all financial reporting for the areas supported.
  • Heavy involvement in the review and remediation of all Projections, Final Month-end numbers, and the Budget Process.
  • Contact person for Regional leadership on questions relating to areas supported
  • Financial Analysis and Insights to aid in decision-making and planning.
  • Trending Reports
  • Participation in Monthly Operating Review conference calls.
  • Monitor and assist hospitals and clinics on Margin Improvement and Revenue Enhancement Plans.
  • Responsible for clinic budget standard establishment and verification of input and appropriate relationships.
  • Monitor key financial and operational metrics, trends, and performance indicators, identifying areas for improvement. 
  • Monitor staffing and productivity levels.
  • Partner with operational and clinic leaders to optimize revenue cycle processes and reimbursement, while maintaining compliance with payer requirements and regulations.
  • Periodic audits as deemed necessary.
  • Service line analysis/facility evaluations.
  • Lead, mentor, and develop a high performing finance team while ensuring completion of deadlines
  • Support financial responsibilities and reporting for PPS, PPSI, HBP, and Specialty Services
  • Foster collaboration across departments to achieve organizational goals.
  • Promote a culture of accountability, innovation, and continuous improvement. 
  • Identify cost-saving opportunities and efficiencies in financial and practice operations.
  • Manage Provider compensation contract management and payment system to drive compliance and accuracy.

 

Qualifications:

  • Education: Bachelors in Accounting/Finance required
  • Experience:
    • Minimum 7 years progressive finance experience in healthcare setting preferably in Provider Services or Hospital Finance
    • Chief Financial Officer or equivalent Clinic/healthcare experience in a for-profit setting preferred
    • Working knowledge of Essbase, Excel, Access
    • Other Systems preferred (Athena, Cerner, Data View, Cognos, Oracle)
    • Strong analytical, problem-solving, and decision-making skills
    • In-depth knowledge of reimbursement, payer contracts and physician contracts preferred
  • Language Skills: Exceptional verbal and written communication skills
  • Certification / Licensure: None required
  • Supervisory Responsibilities: Available

     

    Physical Demands and Work Environment:

    • The physical demands described here are representative of those that may be met by an employee to successfully perform the essential functions of this job.
    • Lift and carry lap-top computer
    • Requires the ability to multi task, meet deadlines, and have the flexibility to accommodate special events/projects as they arise.
    • Ability to work in a fast-paced environment

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    Company

    Community Health Systems

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