Chief Financial Officer - Prairie St. John's Behavioral Health Hospital
UHS
Summary
Founded in 1997, Prairie St. John's is a fully licensed and accredited 132-inpatient bed psychiatric hospital facility offering services for children, adolescents and adults to address mental health issues, substance use addiction or co-occurring disorders. Prairie St. John's offers a full psychiatric and addiction continuum of care, including inpatient hospitalization, Partial Hospitalization (day treatment), residential treatment, and intensive outpatient services.
Job description
Responsibilities
- Monitors and controls accounts receivables; oversees Business Office functions to ensure cash collection goals are met and net revenue is properly stated; facilitates weekly A/R meeting with CEO and Business Office Manager; monitors relationship between Business Office, Intake and Utilization Review departments to maximize patient revenue.
- Improves hospital profitability; monitors costs in all areas, especially staffing relative to patient volume; monitors payor mix and length of stay to maximize reimbursement; assists in negotiation of contract terms with third party payers; prepares pro-forma analysis of new programs and contracts; monitors and evaluates success/failure of implemented programs including physician arrangements.
- Develops and monitors policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced operating costs, and increased revenues.
- Prepares monthly financial statements, financial packages, and other informational reports/analyses; performs account analysis, variance analysis, journal entries, and internal controls.
- Provides reconciliations, account analyses, and other information for Reimbursement Department, Tax Department, and Auditors.
- Prepares annual budget in conjunction with UHS standards; reviews prior financial results and discusses anticipated changes with management and department heads.
- Performs other duties as assigned/required.
Qualifications
- Minimum of 5 years of experience in a financial leadership role in a healthcare setting.
- Minimum education requirement of a bachelor's degree; Master's degree preferred.
- Must possess a working knowledge of hospital financial operations, federal and local tax regulations, and business office, accounting, payroll and administrative office operations including all processes from registration through discharge.
- Must be skilled at interpreting financial analysis and performance information; preparing schedules and reports; using electronic spreadsheets and manipulating data within proprietary and acquired databases.
- 2% Travel.
Requirements
- Minimum of 5 years of experience in a financial leadership role in a healthcare setting
- Bachelor's degree required
- Master's degree preferred
- Working knowledge of hospital financial operations
- Knowledge of federal and local tax regulations
- Knowledge of business office, accounting, payroll and administrative office operations
- Skilled at interpreting financial analysis and performance information
- Skilled at preparing schedules and reports
- Proficiency with electronic spreadsheets and data manipulation
- 2% travel
Benefits
- Challenging work environment
- Growth and development opportunities
- Competitive compensation
- Medical, Dental & Vision
- Prescription drug plan
- 401(k) matching
- Generous PTO
- Relocation benefits
- Bonus opportunity
- UHS stock opportunity
Company overview
Universal Health Services, Inc. (UHS) is one of the nation's largest and most respected providers of hospital and healthcare services, operating as a Fortune 300 corporation headquartered in King of Prussia, Pennsylvania. Founded in 1979, UHS has grown into a major healthcare enterprise with approximately 99,000 employees and annual revenues exceeding $14 billion. The company operates through its subsidiaries, managing 29 acute care hospitals, 331 behavioral health facilities, and 60 outpatient and other facilities across 39 U.S. states, Washington D.C., Puerto Rico, and the United Kingdom. UHS provides comprehensive healthcare services including acute care, behavioral health treatment, cancer centers, and ambulatory surgical centers. The company's strategy focuses on building or acquiring high-quality hospitals in rapidly growing markets and investing in advanced medical equipment and skilled personnel to become the leading healthcare provider in each community it serves. UHS is publicly traded on the New York Stock Exchange (NYSE: UHS) and has established a strong reputation for delivering compassionate, high-quality care while maintaining financial stability and operational excellence.