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Chief Financial Officer (CFO), Hunt Regional…
- Community Hospital Corporation (Greenville, TX)
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Hunt Regional Healthcare, a leading independent Hospital District anchored by a 187-bed medical center in Greenville, Texas, is seeking an experienced and strategic healthcare executive to assume the role of Chief Financial Officer (CFO). This individual will be a core member of the executive leadership team, reporting directly to the CEO, and will drive the financial strategy, health, and sustained success of the entire system.
The Chief Financial Officer is the lead financial strategist for Hunt Regional Healthcare. This position has the direct responsibility for planning, organizing, and directing the fiscal services of the District, including the development, interpretation, coordination, and administration of the District's policies on finance, accounting, insurance, compliance, and auditing.
The CFO provides a strategic financial perspective into the future growth activities of the District, overseeing all financial activities, including accounting, financial reporting, budgeting, treasury, capital planning, revenue cycle management, and financial compliance. The CFO will provide executive-level guidance to support the hospital's strategic goals, ensure long-term fiscal stability, and foster strong relationships with the Board of Directors, executive leadership, and operational managers.
Major Responsibilities
Financial Planning, Budgeting, and Performance
+ Lead the development and coordination of the annual operating, service demand, capital, and cash flow budgets of the District.
+ Responsible for the financial evaluation of new business ventures, and/or capital and equipment acquisitions.
+ Direct the development, implementation, and utilization of an appropriate productivity management system.
+ Responsible for the planning, directing, facilitating, and presenting of proposals to the Hunt Memorial Hospital District Finance Committee and the Board of Directors.
Treasury, Debt Management, and Risk
+ Direct the investment of District funds in compliance with the Board Investment policy, ensuring security of investment principal and optimization of investment returns.
+ Administer the debt structure of the District, ensuring prompt payment of debt instruments and conducting periodic reviews for most advantageous structure, cost, and terms.
+ Assist in the review of insurance policies of the District to maintain appropriate coverage at the least costly rates and superior service.
+ Responsible for the administration and review of payment schedules for the District's construction projects to ensure timely and accurate payments.
Revenue Cycle, Reimbursement, and Payer Relations
+ Oversee and lead negotiations with third-party payors for optimal reimbursement and contract performance of managed care contracts.
+ Administration of all Medicare & Medicaid Reimbursement issues, including the completion and review of the annual cost reports.
+ Responsible for the review of management and service contracts in order to optimize the District's interests.
+ Organize and manage the payment of Physician subsidies as determined by contractual arrangement.
Accounting, Compliance, and Internal Controls
+ Oversee all accounting functions, including the preparation of accurate, timely, and insightful financial statements, regulatory filings, and reports.
+ Responsible for the administration and coordination of the independent audit activities of the District, including the review of all proposed audit adjustments and completion of appropriate work papers.
+ Review of internal control activities to minimize the level of risk of fraud against the district.
+ Reinforce HRH’s values, promote the Compliance Plan, and demonstrate proficiency in applicable laws and standards.
Executive Leadership & Collaboration
+ Serve as a key advisor to the CEO and other executives on business development, operational efficiencies, and major strategic initiatives.
+ Assist in the development of the current and future activities of the Hunt Regional Healthcare Foundation (HFDC).
+ Perform activities consistent with the development of the team approach, i.e., being a team player and/or leader.
Requirements
Education & Experience:
+ Bachelor's Degree in Accounting, Finance, or Business Administration with a Master’s Degree (e.g., MBA, MHA) or CPA certification.
+ 7+ years of progressive financial leadership experience in a hospital or health system, including a minimum of 5 years in a CFO or VP of Finance capacity.
+ Proven experience with the financial challenges and opportunities specific to independent, regional, or community hospitals is a significant advantage.
+ Requires managerial experience and proven expertise across core financial functions, including revenue cycle management, accounting, budgeting, treasury, audit, tax, and payroll.
+ Experience working with Cerner preferred.
Required Skills, Knowledge, and Abilities:
+ Knowledge of hospital and health care practices and procedures as well as laws, regulations, and guidelines pertaining to healthcare finance.
+ Proven financial planning and leadership skills, combined with a deep-rooted commitment to the values of honesty and integrity.
+ Knowledge of and demonstrated skill in leadership, strategic management, change management, communications, team building, continuous quality improvement, problem solving, decision-making, innovation, and stewardship of resources.
+ Exceptional leadership, communication, and interpersonal skills, with the ability to effectively present complex financial information to diverse audiences.
+ Proven ability to build and maintain strong relationships with the Board of Directors, medical staff, and community stakeholders.
+ Proficiency with financial systems, electronic health records (EHRs), and data analytics tools.
Benefits
As a full time employee, Hunt Regional Healthcare offers a competitive salary and eligibility to participate in the company benefit programs. These benefits include: Medical, Dental, and Vision insurance, health and dependent care spending accounts, 401(k) savings with match, life insurance, long-term and short-term disability coverage.
About Hunt Regional Healthcare:
Hunt Regional Healthcare is a major non-profit Governmental Hospital District headquartered in Greenville, Texas, serving Northeast Texas with a mission to provide "quality healthcare in a compassionate environment that strengthens our community." The system's flagship facility is the Hunt Regional Medical Center in Greenville, a full-service, short-term acute care hospital featuring approximately 167-187 staffed beds. Hunt Regional's scope extends across Hunt County and surrounding areas through a network of facilities that includes family medicine offices, urgent care centers, and specialty clinics in nearby cities such as Commerce, Quinlan, Emory, Royse City, and Rockwall. This comprehensive healthcare system offers a wide range of inpatient and outpatient services, including specialized care like a Level III Neonatal ICU, a full-service Cardiac Cath Lab, the Lou and Jack Finney Cancer Center, advanced digital imaging (CT, MRI, 3D mammography), behavioral health services, and robotic surgery. For more information, visit https://www.huntregional.org/location/hunt-regional-medical-center-greenville/
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