Submit Your Job Opportunity
Please send the job title, location, organization, job description and application link to [email protected].
Vice President Finance
Hunterdon Healthcare System
Full Time
Flemington, NJ
Posted: 6/14/2022
Position Summary
The Vice President of Finance will be responsible for Hunterdon Healthcare System’s Financial Operations including Financial Reporting and Financial Planning. The Director of Finance will ensure timely and accurate reporting of the System’s performance and develop reliable projections and budgets.
Primary Position Responsibilities
- Responsible for financial operations of all entities of Hunterdon Healthcare System – including financial reporting, forecasting, budgeting, analysis, reimbursement, revenue recognition, grant reporting, and governmental compliance (tax, SEC and cost reporting).
- Financial Reporting – responsible for generating financial statements and management reports in accordance with GAAP for all entities including:
- Monthly management reporting including variance analysis that allows managers to readily understand their performance and adjust to meet demand
- Board financial statement reporting
- Annual audited financial statement reporting including footnotes and single audits
- Specific financial metrics as requested/required
- Maintains chart of accounts
- Develops and supports other financial reporting systems as required (e.g., payroll and productivity reporting)
- Budgeting – responsible to coordinating the development of annual capital and operating budgets, rolling forecasts and long range projections.
- Working with Financial Reporting and Financial Planning team members, maintain departmental variance reviews with departments on a monthly, bi-monthly and quarterly basis.
- Provide department leadership with insights on how to close budget gaps and pursue opportunities to enhance financial performance. .
- Working with the CFO, develop annual budget package for the approval of the annual operating and capital budgets.
- Develops pro-forma financial statements for business plans with sufficient detail to support post project reviews, monitoring, and budgets if the plan is approved.
- Account Analysis – maintains a data analytics function to include:
- Analysis of new programs and post project reviews.
- Specific account analysis.
- Ad-hoc reporting
- Revenue Reporting – work with Revenue Cycle personnel to insure that revenue and accounts receivable are valued accurately on financial statements and budgeted correctly in annual budgets.
- Reimbursement – responsible for all CMS/Medicaid cost account, state and federal reimbursement and grant related programs including FEMA claims.
- Stay abreast of current reimbursement regulations proving updates to the CFO and leadership annually as new regulations are proposed and finalized,
- File CMS and Medicaid cost reports, working with external consultants on the optimization of cost reports.
- Provide periodic education to leadership on reimbursement and updates on regulations.
- Grant Reporting – grant compliance and reporting as required by grantors
- Tax, Cost and SEC reporting – responsible for all tax reporting, CMS/Medicaid require d cost reporting and SEC reporting
- General:
- Periodically reviews and develops policies and procedures related to finance and accounting functions.
- Manage personnel, employee development and role definitions to achieve goals and maintain a strong understanding of GAAP requirements among the team.
- Keeps up on new accounting pronouncements and recommends implementation
- Assists in special projects as directed.
- Develops and presents matters requiring the decision of the CFO.
- Provides advice on financial matters and other matters as requested by the CFO.
- May be asked to volunteer from time to time in support of hospital events and activities
Qualifications
- Minimum Education:
- Required: Bachelor’s Degree in Accounting/Finance
- Preferred: Master’s Degree in Business
- Minimum Years of Experience:
- Required: Ten years progressive financial/supervisory health-care experience required.
- Preferred: None
- License, Registry or Certification:
- Required: CPA required.
- Preferred: HFMA or other healthcare fellowship.
- Knowledge, Skills and/or Abilities:
- Required: Significant knowledge of information systems and operations.
- Preferred: None
Apply
Chief Financial Officer
Grand View Health
Full Time
Sellersville, PA
Posted: 6/2/2022
CHIEF FINANCIAL OFFICER
Grand View Health c/o Management Pathways
Sellersville, PA
Management Pathways has been retained to conduct the search for a new Chief Financial Officer (CFO) at Grand View Health.
Grand View Health (GVH) is a private, non-profit healthcare organization providing comprehensive services and continuum of care to residents in Bucks and Montgomery counties with a mission to lead the community to a healthier future. GVH treats tens of thousands of patients every year with a full range of emergency services as well as inpatient and outpatient care, with expertise in Bariatrics, Cancer Care, Cardiology, Orthopaedics, Surgery, Women’s & Children’s Health, and Post-Acute Services. The organization is comprised of Grand View Hospital, a 169-bed acute care hospital and Level II Trauma Center, and seven outpatient facilities, two urgent care centers, ambulatory surgery center (joint venture), Grand View Healthcare Partnership (IDN), and Grand View Medical Company (DME).
GVH has established a strategic alliance with Penn Medicine for the treatment of cancer, orthopaedics, and trauma patients. Additionally, Penn Medicine supports GVH’s Primary Stroke Center with its telestroke and teleneurology programs. Through a partnership with Children’s Hospital of Philadelphia (CHOP), CHOP pediatricians and neonatologists work with GVH physicians to care for patients on the Pediatric Unit, Emergency Department, Labor & Delivery and NICU.
GVH is underway with a $200 million hospital expansion and modernization initiative. When complete in 2023, the six-story, 190,000-square-foot pavilion will include 52 private patient rooms. Of those rooms, 26 will be designed to accommodate Intensive Care Unit or Progressive Care Unit levels of care and will be capable of enhanced airflow for use with infectious diseases such as COVID-19. The pavilion will also include:
- A new Emergency Department with 28 treatment rooms and two trauma bays
- Ten operating rooms (OR) including four hybrid ORs for both surgical and interventional procedures
- A new diagnostic imaging center with enhanced technology
- A rooftop helipad
- A two-level lobby filled with natural light, seating, a café with outdoor dining and a gift shop
- A new entrance with a covered drop-off
- Waiting areas designed for privacy and comfort
POSITION SUMMARY
The Chief Financial Officer (CFO) serves as a highly-visible and integral member of the executive team and is accountable for planning, oversight and management of all financial operations in a manner consistent with the vision and goals of Grand View Health. Reporting to the Chief Executive Officer (CEO), this executive will serve as an operational CFO who is highly engaged as a partner in effectively managing the development of strategic financial plans, program-specific business plans, and annual operating and capital budgets. The CFO will focus on developing analyses and implementing programs to improve operations and financial performance.
LEADERSHIP & STRATEGY
- Serve as a business partner and advisor to the CEO, executive leadership team, and Board to assess organizational performance against both the annual budget and long-term strategy.
- Develop tools and systems to provide critical financial and operational data to the CEO, executive team, and departmental leaders and make actionable recommendations on both strategy and operations.
- Provide support in the development of Grand View Health’s strategic plan. Support the evaluation of strategic options and the market for growth and development opportunities. Ensure strategic goals are linked to finance and leadership performance targets.
- Collaborate with the executive team, department leadership, Board and internal/external stakeholders to align operational with strategic goals.
- Provide visible leadership and direction to three direct reports, and through their supervision, approximately 48 FTE’s in Fiscal Services, Accounting & Reporting, Patient Accounting, Materials Management and Property Management.
- Provide collaborative leadership and influence to operational areas affecting financial outcomes including Revenue Cycle, Case Management, Patient Access, etc.
- Contribute to the development of a high performing organization by conducting recruitment, selection, evaluation and ongoing development of key finance and business system managers and staff members.
FINANCIAL OPERATIONS
- Lead GVH in the development and implementation of capital and operating budgets. Partner with the GVH leadership team in developing performance targets, reporting variances, and creating remediation plans.
- Perform operational assessment to identify opportunities to improve financial performance (e.g. revenue cycle).
- Recommend, develop, and facilitate the implementation of policies and measures to enhance revenue, improve efficiency, and reduce operating costs.
- Support the capital plan development by participating in decision making related to deployment of financial resources to drive strategic initiatives.
- Implement financial performance reporting systems. Ensure timely and accurate reporting of financial metrics including drafting a monthly management report.
- In concert with the Finance Committee of the Board of Trustees, develop, negotiate and maintain a cash management and investment program for all funds and other assets of GVH including temporary, endowment, capital, and pension assets.
- In coordination with Human Resources leadership, manage the defined benefit pension and other organizational retirement programs and monitor restricted funds owned by intra-hospital associations as well as partner in the strategy and execution of self-insured employee health insurance programs.
- Manage public and tax-exempt debt.
- Manage Grand View Health’s public debt and interest expense optimization transactions.
- Participate in negotiation and oversight of all contracts with managed care and other third-party providers.
- Negotiate reimbursement issues with respect to Medicare, Medicaid, Blue Cross and all other purchasers of hospital services on a contractual basis.
- Work in close collaboration with accounting firms conducting audits as required by the hospital, governmental agencies and third-party payers.
- Prepare required tax reports to state, local, and federal agencies to ensure proper financial status of the organization as to tax exemption and grant rights.
- Negotiate to ensure all system assets are properly insured against loss or liability including, but not limited to, property and casualty, malpractice, equipment and vehicles.
- Act as a primary liaison with the external public accountants, consultants, and outside banking relationships.
- Oversee the issuance of audited financial statements and appropriate disclosure to maintain public debt in good standing.
- Ensure overall financial viability of the organization including management of GVH’s debt and interest expense optimization transactions and providing direction to ongoing internal audit functions.
- Ensure financial activities are in compliance with established legal and regulatory rules and laws.
ADDITIONAL SCOPE OF RESPONSIBILITY
- Materials Management/Purchasing
- Facilities/Real Estate
- Patient Accounting
CANDIDATE PROFILE
The ideal candidate will bring a proven track record of effectiveness in leading complex financial operations for an acute care hospital/health system. This individual will demonstrate the leadership skills, emotional intelligence, collaboration, and professional competencies necessary to meet the challenges that exist in the current healthcare environment. Experience with implementing strategies to both improve financial performance and invest in the growth of services is important in this role. The individual we are seeking will have the ability to inspire confidence and obtain buy-in from diverse stakeholders, including physicians, hospital staff, board, and external partners. The desired candidate will have knowledge of operations in both the acute care and outpatient settings with a history of successful collaboration as a member of a senior leadership team. The successful candidate will have outstanding interpersonal and communication skills and demonstrate a commitment to building strong relationships with a wide network of organizations and diverse constituencies.
Qualifications
- Bachelor’s degree in Accounting, Business Administration, Finance, or a related discipline is required. MBA or CPA is strongly preferred.
- A minimum of ten (10) years’ progressive experience in financial management and leadership with an acute care hospital or health system.
- Highly collaborative with the ability to cultivate relationships with a variety of constituencies – e.g. physicians, administration, and board.
- Success with developing and implementing operational improvement plans.
- Experience with developing decision support tools and systems to provide critical financial and operational data to key stakeholders.
- Strategic financial analysis and program budgeting skills, particularly as they relate to building new programs, developing partnerships/joint ventures, and generation of new revenue.
- Knowledge and understanding of information systems, data management, and statistics. Skill in partnering with information system department staff to provide timely data.
- Experience managing relationships with third-party payers and negotiating with major commercial payers (e.g. IBC) and those offering risk management contracts, capitations and managed care arrangements.
- Background in overseeing business arrangements such as managing return on investments and developing complex fiscal arrangements with hospital partners in various joint venture arrangements.
- Demonstrated knowledge and skill in the areas of health insurance and professional liability insurance. Knowledge of insurance products, self-insurance and offshore captive arrangements.
- Leadership approach and philosophy that respects people with diverse backgrounds, and values teamwork, transparency, and a shared vision and purpose.
Other Personal Characteristics
- Collaborative
- Approachable
- Earns Trust and Credibility
- Proactive
- High Integrity
- Transparency
- Invests in the Community
Contact
To learn more about this opportunity, or to recommend a colleague, please contact our retained search consultant. All preliminary inquiries will be kept strictly confidential.
| John Kiernan, Managing Director | Stephen Tullman, Strategic Advisor |
| (610) 547-9168 | (570) 709-9892 |
| [email protected] | [email protected] |
| Scarlet Alexander, Senior Associate | Management Pathways |
| (570) 709-9892 | 5 Great Valley Parkway, Suite 276 |
| [email protected] | Malvern, PA 19355 |
| (610) 889-2055 | |
| www.managementpathways.com |
Finance Operations Analyst
CentraState Healthcare System Top New Jersey Hospital
Full Time
Anywhere
Posted: 5/17/2022
CentraState Medical Center has an employment opportunity available for a Finance Operations Analyst. As part of the Finance Operations team, the Finance Operations Analyst prepares financial analyses, assists in the month end financial close, generates financial reports utilizing our decision support tool and supports the annual budget process for the Medical Center.
The ideal candidate must possess a high technical aptitude, have an understanding of general accounting principles, demonstrate advanced excel spreadsheet skills and exhibit the willingness to learn new software/systems. A BS Degree in Accounting, Finance or Business Administration is required. 2-3 years healthcare experience is preferred but not required.
Budget Reimbursement Coordinator
CentraState Healthcare System Top New Jersey Hospital
Full Time
Freehold, NJ
Posted: 5/17/2022
CentraState Medical Center has an employment opportunity available for a Budget Reimbursement Coordinator. The Budget Reimbursement Coordinator assists in the development of the annual statistical, revenue, salary, supply and expense budgets for the Medical Center under the direction of the Corporate Director of Financial Operations and Vice President of Revenue Cycle and Managed Care.
Senior Planning Analyst
Cooper University Health Care
Anywhere
Full Time
Posted: 3/23/2022
This position is a key member of the Strategic Planning and Business Development team at Cooper University Health Care. To assist in positioning the organization to be successful today and into the future, the Senior Planning Analyst is a key part of the team that manages enterprise and service line plan development and provides analytical support to the full range of strategic and business planning initiatives.
Job Responsibilities
Strategic Planning
- Organize and manage planning efforts for Cooper’s Institutes, programs and services. In collaboration with administrative and physician leadership, develop multi-year strategic plans and annual work plans that contain goals; objectives; relevant financial, clinical and market data; clinical volume targets; and methods for evaluating performance to plans. Update plans as needed.
Market and Data Analysis
- Coordinate the production and collection of relevant financial, clinical, and market data necessary for the planning process:
- This will include working with various constituents across the organization, including but not limited to hospital leadership, service line leadership, Finance, Enterprise Analytics, Marketing, and Managed Care among other departments.
Professional Development
- Maintain close working relationships with hospital and physician leadership and staff to align clinical services development plans with operations, with an opportunity to be involved in senior leadership facing presentations and meetings.
- Contribute and influence planning team department growth, development, and culture.
- Involvement in discussions, analyses, and plans to develop new and innovative partnerships with external organizations across programs and services.
- Involvement in the process of evaluating data tools, vendors, with an opportunity to build a library of industry standards and benchmarks to enhance analyses.
Financial Analyst
Penn Medicine – Chester County Hospital
West Chester, PA
Full Time
Posted: 3/7/2022
Position Description:
The Financial Analyst is responsible for supporting the financial reporting and decision making across the organization and related entities. Support can include but not limited to financial statements preparation, variance analysis, budgeting, service line and decision support, forecasting, capital planning, benchmarking and productivity, and other ad hoc reporting, analytics and modeling. The primary role of the financial analyst is to support finance and hospital leadership by compiling and generating accurate and timely financial and statistical information.
- Accountabilities are dependent on primary area(s) assigned to the analyst and may include secondary support as needed to other areas. The accountabilities may include some or all of the items listed.
- Identifies and manages accrued expenses
- Identify, analyze, and interpret trends or patterns in complex data sets.
- Manage all aspects of the general ledger, including maintaining the chart of accounts in Lawson, reviewing and analyzing all GL accounts, maintaining activity codes, monitoring and reporting on journal entries recorded by external entities, and reconciling all asset, liability, and equity balances
- Acquire data from primary or secondary data sources and maintain databases/data systems.
- Interpret data, analyze results using statistical techniques and provide ongoing reports.
- Adept at queries, report writing and presenting findings
- Acts as a liaison for hospital operational leadership in assisting them in preparation and follow-up of their monthly financial reviews
- Work closely with departmental leadership and assist in annual budget processes
- Assists with recurring audits, surveys and external reporting
- Other accounting and reporting as assigned by Finance leadership
- Performs duties in accordance with Penn Medicine and entity values, policies, and procedures
- Other duties as assigned to support the unit, department, entity, and health system organization
Minimum Requirements:
Required:
- Bachelor’s Degree Finance, Accounting, Business or Healthcare Administration OR 6+ Years Applicable Experience in Finance, Accounting, Business, Healthcare or related fields.
- Proficient experience with MS Office-Excel
Preferred:
- Master’s Degree Finance, Accounting, Business or Healthcare Administration
- Experience in an Acute Healthcare Setting
- Experience with other software applications Lawson, Infor, Hyperion, Business Objects, EPIC
Manager of Patient Access
Penn Medicine
Philadelphia, PA
Full Time
Posted: 3/3/2022
Job Summary:
The Manager of Patient Access directs and coordinates all daily operations of the Admissions Department and the Emergency Department and Labor and Delivery Room Patient Registration within the Hospital of the University of Pennsylvania (HUP). The Emergency and L&D Registration Department is responsible for the 24 hours a day/7 days a week patient registration of Emergency Room and L&D patients. The Admissions Department is responsible for the registration of Inpatient and Day Surgery patients. In addition, is responsible to complete pre-admission testing functions which include clinical operation components. The Manager oversees and is responsible for all aspects of the Revenue Cycle activities within these areas which have direct impact on the financial outcome of Penn Medicine’s Revenue Cycle Key Performance Indicators (KPIs). Overall, the Manager supervises 40 employees that consists of Supervisors, Patient Service Associates and Clinical Service Associates.
Accountabilities:
- Manages the 24/7 daily operations of the Emergency and L&D Registration Department and the Admissions and Pre Admission Testing Divisions within the HUP/CPUP Revenue Cycle Department
- Ensures department is following proper registration protocols which include regulatory compliance and hospital and departmental policy and procedure compliance; Reviews departmental policies and procedures on a regular basis and makes updates as needed, focusing on continuous process improvement
- Develops, manages and tracks departmental processes and reports to ensure the Revenue Cycle’s KPI benchmarks are being met
- Drives standardization efforts in accordance with the organization’s mission
- Manages staff; interviews, hires, assigns and directs work, appraises staff performance with rewards and discipline, addresses complaints and resolves issues that may arise, and acts as a mentor for departmental staff
- Assists in the development of the operational budget and manages within the budget; monitors and controls expenses in support of departmental’s financial goals
- Assists in managing relationships with internal and external customers (i.e. vendors, hospital and practice departments, county assistance liaisons, etc.)
- Assist the department in achieving and maintaining the Hospital’s Candidate for Billing (CFB) daily goal
- Performs duties in accordance with Penn Medicine and entity values, policies, and procedures
- Other duties as assigned to support the unit, department, entity, and health system organization
Required Education and Experience:
- Bachelor’s degree in Healthcare related discipline required
- 3+ years of Hospital Revenue Cycle experience required.
- 5+ years of Supervisory/Management experience preferred
Preferred Licenses/Certifications:
- AAHAM Revenue Cycle Certification or NAHAM Certification
Required Skills and Abilities:
- Ability to manage concurrent projects while meeting project deadlines
- Ability to manage difficult situations with tact and diplomacy
- A thoughtful individual, politically astute with strong diplomatic skills. Outstanding relationship building skills
- Strong communication skills with all levels of staff and personnel
- Ability to analyze, diagnose, suggest and implement process change
- Understanding of medical terminology
- Ability to lead/manage others
- Ability to use Microsoft Office (Excel, Power Point, Word)
- Ability to work in a fast paced environment with changing priorities
- Ability to work within tight timeframes and meet strict deadlines
- Demonstrated ability to build a high performing team
- Experience in a healthcare environment
- Experience using EPIC – preferred
- Knowledge and understanding of front to back-end revenue cycle business processes
- Knowledge of community, state and federal laws and resources – preferred
- Knowledge of federal, state, and third party payer requirements
- Must be dependable
- Must be strategic thinker
Healthcare Accountants: Redeemer Health Has Raised the Stakes!
Redeemer Health
Anywhere
Full Time
Posted: 3/3/2022
Now Offering Higher Salaries for Accountants with Healthcare Experience
Redeemer Health understands that our employees are the key to making sure that we fulfill our missions to serve our patients. That’s why you’ll find new, higher salaries and outstanding benefits offered to Senior Accountants with healthcare experience.
We’re seeking to fill the following positions (for more information and to apply please click on the appropriate link):
SR. ACCOUNTANT OF HOMECARE – HYBRID REMOTE
(when in office – Northeast Philadelphia, PA)
https://careers.holyredeemer.com/job/26747/Sr-Accountant
SR. ACCOUNTANT OF LIFECARE – On-Site
(Huntingdon Valley, PA)
https://careers.holyredeemer.com/job/26224/Sr-Accountant
SR. ACCOUNTANT OF TREASURY – On-Site
(Northeast Philadelphia, PA)
https://careers.holyredeemer.com/job/26925/Sr-Accountant
Key responsibilities include preparation of monthly financial statements, account analysis, and fixed asset accounting including general ledger reconciliation, preparation of financial statements, completing analysis and providing information for annual independent audits.
Successful candidates will be a Bachelor Degreed Accountant (Certified Public Accountant or MBA preferred but not required) with a minimum of five years of experience in Accounting including at least two years’ experience in healthcare finance. These positions will require a working knowledge of Generally Accepted Accounting Principles and consolidated financial statements. Knowledge of PeopleSoft General Ledger and Accounts Payable systems a plus but not required.
As integral members of our team, you will receive excellent benefits including medical, dental, paid time off, 403b with company match, tuition reimbursement, credit union and much more. EOE