Chief Financial Officer - The Ridge Behavioral Health System

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 meetings with CEO and Business Office Manager to communicate results and monitor areas of weakness.
• Monitors and manages the relationship between Business Office, Intake and Utilization Review departments to maximize patient revenue.
• Improves hospital profitability by continually monitoring costs, 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 to determine estimated outcome; 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 through 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 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.
• Knowledge of all business office, accounting, payroll and other 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 source data and compiling reports from others' schedules.
• Skilled in using electronic spreadsheets and ability to manipulate data within proprietary and acquired databases.
• 2% Travel.