Chief Financial Officer- North Central Baptist Hospital
Tenet HealthcareAbout the role
MARKET SUMMARY:
Baptist Health System, San Antonio, Texas North Central Baptist HospitalNorth Central Baptist Hospital is part of Baptist Health System, a trusted provider of hospital, health and wellness services in San Antonio and South/Central Texas. The system includes seven acute-care hospitals (Baptist Medical Center, Mission Trail Baptist Hospital, North Central Baptist Hospital, Northeast Baptist Hospital and St. Luke’s Baptist Hospital in San Antonio, Resolute Health Hospital in New Braunfels, and our newest addition of Westover Hills Baptist Hospital). The system also includes rehabilitation, ambulatory, urgent care and imaging centers, seven freestanding emergency hospitals, the Baptist Physician Network and Baptist School of Health Professions.
North Central Baptist Hospital has been serving the San Antonio community since 1991. Baptist Children’s Hospital and the Baptist Orthopedic Hospital are located on the North Central Baptist Hospital campus. A $60 million, six floor tower expansion opened to patients in the spring of 2014. Three adjacent attached medical office buildings provide physician office space and outpatient services.
With 387 licensed beds, the hospital employs approximately 1,300 staff. North Central Baptist Hospital key programs include:
- Accredited Chest Pain Center
- Primary Stroke Center Designation
- Baptist Orthopedic Hospital
- Joint Club (Joint Commission Center of Excellence for Total Joint, Hip & Knee, Spine)
- Level IV NICU
- Baptist Children’s Hospital
- Pediatric Intensive Care
- 24/7 Pediatric Emergency Room
- NAPBC Accredited Baptist Breast Center
- Robotic surgical program
- Women’s & Children’s Services
- Adolescent and Young Adult Oncology Unit in San Antonio and South Texas
https://www.baptisthealthsystem.com/locations/detail/north-central-baptist-hospital
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 also 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;
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