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Chief Financial Officer
Self Regional Healthcare
Posted 9/10/2024
Introduction:
Self Regional Healthcare (Self Regional), based in Greenwood, South Carolina, has partnered with WittKiefferto seek a dynamic, accomplished finance leader to serve as the next CFO. Self Regional is comprised of its flagship facility, Self Regional Medical Center: two critical access hospitals: and a recently acquired skilled nursing facility. The health system serves a seven-county service area with more than a quarter of a million people in the Lakelands region of upstate South Carolina. Self Regional employs more than 2,000 staff members and has revenues of $650 million. With the recent growth of its physician network and geographical footprint. Self Regional is an organization poised for growth and seeks to be the best place to get care, best place to give care, and financially strong.
Job Description:
Reporting directly to the President and CEO of Self Regional, Matt Logan, M.D., the CFO will be directly responsible for the financial operations and success of the health system. The CFO has oversight of areas such as finance, accounting, treasury, reimbursement. and payor contracting. As a key member of the senior leadership team. the CFO will provide counsel and report to senior leaders and the board on Self Regional’s financial performance. This executive will play a key role in developing the health system’s short- and long-term strategic goals and priorities. Key priorities for the CFO will include maximizing opportunities to grow revenue, evaluating the current state of financial operations, assisting in formalizing Self Regional’s urgent care model. and supporting the health system in employing providers. The CFO must be a hands-on, operational leader able to proactively identify opportunities for cost containment and revenue generation. The CFO will be charged with completing a thorough assessment of Self Regional’s financial position and infrastructure. The CFO must find innovative ways to stabilize and strengthen financial operations across the health system. This executive will be a solutions oriented leader able to implement and improve policies and procedures within finance such as revenue cycle and reimbursement. The CFO will drive change across the health system seeking out greater efficiencies and improvements in operations to achieve the health system’s strategic goals and priorities.
Required Qualifications:
The next CFO will be a strategic, innovative leader with a proven track record of leading high-performing, service-oriented organizations. The CFO will be a collaborative, decisive leader able to contribute broadly across all levels of the health system. The CFO will need to be equally comfortable presenting to the Board of Directors, senior leadership, providers. and staff.
Providing balance between strategic and operational finance will be critical to the future success of this executive. The CFO will be politically astute with experience reducing costs and growing revenue. The CFO must be a results-oriented, system thinker able to streamline financial operations across the system. Candidates should have a minimum of ten years of progressive financial leadership experience within a health system or hospital.
Instructions for Resume Submission:
Confidential inquiries, nominations and, expressions of interest can be submitted to the WittKieffer Candidate Portal at https://candidateportal.wittkieffer.com/login? returnUrl=%2Fdescription%3FjoblD%30200194.
For additional questions. please contact the consultant supporting this search, Keshia Harris, through the office of Trey Wilson preferably via email at [email protected].
Chief Financial Officer – First Physician Group
Sarasota Memorial Health Care System
Posted 9/6/2024
Introduction:
WittKieffer is proud to partner with Sarasota Memorial Health System (SMH) in the search for the next CFO, First Physicians Group (FMG). This is an outstanding opportunity to serve as the lead finance executive for a rapidly growing multi-specialty medical group in Sarasota, FL.
Job Description:
WittKieffer is proud to partner with Sarasota Memorial Health System (SMH) in the search for the next CFO, First Physicians Group (FMG). This is an outstanding opportunity to serve as the lead finance executive for a rapidly growing multi-specialty medical group in Sarasota, FL.FPG is a part of SMH, one of the largest public health systems in Florida. SMH is a regional medical center offering Southwest Florida’s greatest breadth and depth of care, with 2 full-service hospitals, more than 1,900 physicians and advanced practice providers and more than a million patient visits a year across its network of care. As the region’s only public health system and not-for-profit health care provider, SMH serves as a critical safety net for the uninsured in Sarasota County. With more than 600 employed providers and 1,000 employees, FPG is one of the most trusted medical groups in the Suncoast region.
Reporting directly to the Vice President, Financial Operations of SMH with a dotted line to the Chief Medical Officer of FPG, the CFO will lead and oversee the financial operations and stewardship of FPG. As part of the FPG leadership team, the CFO will drive short and long-term financial planning and play an instrumental role in the achievement of FPG’s strategic goals and priorities. The CFO will assess the current state of financial operations and infrastructure. This executive will be charged with more closely aligning finance and operations within FPG while also implementing more contemporary finance infrastructure. The CFO will lead efforts to modernize the function by identifying opportunities for process improvement, increased automation, and improved benchmarking and reporting. The CFO will develop financial reports and dashboards that provide clear, actionable data to assist operators across FPG and SMH in decision making. As FPG continues to grow, the CFO will provide valuable insights related to long-term trends, risks, and opportunities, and the future impact on FPG’s operations. The CFO will seek out opportunities to identify greater efficiencies within revenue cycle and be actively engaged in system level discussions related to managed care contracting. This executive will have an instrumental role in business development, acquisitions, implementation, and analyzing competitor positioning. This executive will also help to manage risk while driving value and enterprise-wide business objectives and strategies.
Required Qualifications:
The successful candidate will possess a minimum of five years of experience serving as a finance leader within a large medical group or ambulatory setting. The chosen CFO will bring experience in complex, matrixed organizations and be viewed by others as visible, proactive, and a systems thinker. The selected CFO will demonstrate strong verbal and written communication skills as well as experience presenting to leadership and boards.
Instructions for Resume Submission:
Expressions of interest, nominations. and applications are welcome and can be made via the WittKieffer Candidate Portal HERE. The Candidate Portal is a secure, easy way to nominate a colleague, express interest, or apply for a position.
Questions, inquiries or to request the leadership profile, please contact Stephanie Odorisio Arriviello, preferably via email at [email protected]. All inquiries, applications and nominations will be held in the highest confidence.
Chief Financial Officer
Morgan Medical Center
Posted 8/19/2024
Position Summary:
Responsible for ensuring the financial viability /vitality of the organization and protection of the assets of Morgan Medical Center (MMC). Performs advisory role to the Board of Directors (Hospital Authority) and Senior Management on all matters regarding finance and business operations and specifically is a business partner to the CEO.
Is directly responsible for Corporate Finance, reimbursement (including Medicare Cost Report submission), accounting, payroll, monthly financial statement preparation, budgeting, managed care contracting, Human Resources, cash management, accounting and financial reporting, materials management, banking relationships, Revenue Cycle Management and all financial regulatory reporting.
Supervisory Responsibilities:
Accounting, Accounts Payable, Materials Management, Revenue Cycle Management, (including Admitting & Registration, Health Information Management and Patient Financial Services), Human Resources, Managed Care Contracting, Cash Management, and collegial relationship with external auditors and Medicare cost report firms, and other departments as assigned from time to time.
Financial Responsibilities:
Responsible for the development, oversight and approval of operating and capital budgets; approval of vacant and new positions based on defined productivity metrics and ensuring integrity of financial reporting including operating metrics and statistics utilized in various reports for external agencies, maximizing Medicare and Medicaid reimbursement through Cost report preparation. Performs business analysis as needed or required.
Essential Functions:
- Directs the timely preparation of all financial statements, including income statements, balance sheets, tax returns and governmental agency reports.
- Compares and analyzes the revenue and profit projections to actual figures and budgeted expenses to actual expenses. Makes recommendation or takes action to get negative results back on track.
- Makes or oversees any necessary adjustments to future projections and budgets.
- Analyzes hospital operations to identify areas in need of reorganization, downsizing/rightsizing or elimination.
- Ensures full transparency and integrity over the financial performance of the organization.
- Assists the CEO in the development of long- and short-range hospital operations plans.
- Ensures reporting to Funding agencies and that USDA Debt covenants are met as required.
- Works with the CEO and other executives to coordinate planning and establish priorities for the organization.
- Studies long range economic trends, reimbursement changes, regulatory changes/requirements in order to project their impact on the future growth of the organization.
- Oversees investment of funds consistent with Board approved investment policies and works with investment bankers to raise additional capital based on Board approved Business plans
- Effectively manages cashflow through an active role in Revenue Cycle Management function, denial issues, managed care contracting, Cost Report preparation, and trends to maximize net reimbursement for the facility.
- Monitor all open legal issues involving the hospital and legal issues affecting the industry.
Completes annual budget within specific time frame and presentation to the Finance Committee
and the Board. - Creates staff awareness of budgetary process and status of budget throughout the year.
- Manages expenses within budget and justifies all variances.
- Ensures overall Revenue Cycle Management and other processes in managed departments assigned meets defined industry, regulatory or organizational standards.
- Ensures Human Resources function is current with all state and federal regulatory requirements, pay practices are consistently applied and promotes policies that make MMC a desired place to work
Other Responsibilities:
- Functions as a key member of Senior Executive Staff.
- Advises Board and Senior Management on all financial and regulatory matters.
- Serves as Senior Management liaison to the Board Finance Committee.
- Treasurer for MMC Foundation.
- Responsible for managing the day-to-day fiscal affairs of the organization.
Work experience, education and certifications:
Minimum: 7 to 10 years of experience in leading or directing financial operations in a Critical Access hospital or health care system — including supervisory experience in a CFO, or as a number 2 VP or Director level role with a proven track record of success.
Minimum of bachelor’s degree in accounting or business administration with seven (7) to ten (10) years’ experience in hospital and clinic financial management. CAH experience and CPA certification is preferred.
Proficiency in Microsoft Office and financial reporting software. Excellent verbal and written communications skills are necessary.
Demonstrated record of success and has shown the ability to work with Boards of Directors, bankers, and financing agencies and be a positive leader within the organizations.
Apply:
For more information please submit your resume to:
Richard Ballard | Senior Director | CokerGroup
Business Development Director – Hospitals & Health Systems
RSM
Posted 6/21/2024
Introduction:
We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, inclusive culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.
Job Description:
RSM’s growing Health Care team is looking to add a dynamic Business Development Director in Atlanta – or the Southeast or Northeast parts of the U.S. The Business Development Director will be responsible for driving growth of the firm’s professional services within Hospitals & Health Systems and will represent all services provided by our three primary functional areas, audit, tax, and consulting.
The Business Development Director is responsible for leading all aspects of the sales process, including systematic prospect targeting, development of opportunity-specific sales strategy, and selection of pursuit teams and “quarterbacking” the entire sales process. This individual will build and maintain strong sales pipelines and forecasts associated to substantiated opportunities, prepare and facilitate presentations/proposals as well as close sales and finalize agreements with customers. The Business Development Director will work closely with various firm health care industry and line of business leaders in co-leading growth efforts through direct prospecting, networking, attendance and participation with various healthcare industry and professional groups and networking associations.
The individual in this position will have all the necessary resources to be set up for success for this career opportunity that provides a competitive base salary along with a lucrative, uncapped incentive compensation plan. We are looking for a candidate that has a proven track record of selling professional services and has an active network in the Southeast or Northeast Health Care industry.
Responsibilities:
- Sourcing and qualifying opportunities with healthcare organizations currently not served by the firm.
- Responsible for executing the sales plan and process, including coordination of all necessary internal and external resources to best position the firm to secure the business.
- Actively work networking contacts, professional affiliations, healthcare industry groups and related Centers of Influence.
- Work with healthcare industry team leaders to effectively and efficiently identify/target key healthcare organizations within the healthcare industry teams they support.
- Support Partners, Principals, Directors and Senior Managers in cross-selling additional services to existing clients where appropriate.
- Work closely with local and national marketing resources to develop effective, targeted go-to-market plans for the healthcare industry teams they support.
- Work closely with RSM North American Sales management to provide ongoing, current feedback relative to market opportunities.
Required Qualifications:
Basic Qualifications:
- Bachelor’s degree preferred.
- Minimum of 10+ years of experience with demonstrated success in selling professional services to healthcare organizations with revenues ranging from $50 million to over $1 billion.
- Demonstrated experience leading complex sales processes that involve multiple team members and multiple decision makers (primarily C-suite decision makers).
- Demonstrated experience working with, and contacts within the middle market, broadly defined as healthcare organizations with revenues of $50 million to $1 billion.
- Demonstrated network of COI’s (Centers of Influence) to include health systems, senior care, physician practices, and other professional services relationships that could be leveraged to identify opportunities within assigned healthcare industry groups.
- Demonstrated expertise to drive a complex, sale cycle from identification through the close of deals.
- Ability to actively participate in the proposal and Statement of Work creation process.
- Experience leveraging a CRM tool for report generation and sales tracking.
- Prior experience leveraging social media technologies for networking purposes.
- Excellent influence and negotiation skills; strong executive presence and business acumen.
- Must be motivated and self-disciplined; must possess strong time management skills.
- Travel is required (local and overnight when appropriate).
Preferred Qualifications:
- MBA
- Active network of C-level contacts in the Southeast and the surrounding markets with health systems, senior care, and physician practices.
- Demonstrated community involvement and activity with healthcare industry associations such as HFMA, HIMSS and ACHE.
- Exhibit exceptionally strong communication, presentation, analytical and organizational skills.
- Experience working for large regional or national professional service firms a significant plus.
Compensation/ Benefits:
At RSM, we offer a competitive benefits and compensation package for all our people. We support and inspire you to prioritize your wellbeing by delivering personalized, holistic programming for your physical, emotional, financial and community wellbeing. RSM has a generous time off policy with at least 14 paid holidays, wellbeing days and associate and above access to self-managed time off. We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients. Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.
Instructions for Resume Submission:
Please apply online at our website – https://rsm.wd1.myworkdayjobs.com/RSMCareers/job/Miami/Business-Development-Director—Health-Care_JR104285