Duties and Responsibilities:
· Overall financial operations of the acute-care (CAH) facility including accounting, budgetary, audits, tax, and other financial planning activities within the hospital organization.
· Working with hospital directors and employees to develop and implement policies and procedures, short- and long-range goals, objectives, and efficiencies.
· Providing financial leadership to hospital managers, directors and officers that will enroll support, create ownership of goals, and encourage active participate in decisions that impact the hospital.
· Ensuring the hospital meets necessary financial regulatory and compliance requirements.
· Contributing financial expertise in the planning of new services that generate additional sources of profitable revenue.
· Managing costs by continually seeking data that will identify opportunities and take action to eliminate non-value costs in conjunction with the hospital's Administrative Management Team.
· Analyzing areas in planning, promoting, and conducting organization-wide performance improvement activities.
· Attend hospital meetings including but not limited to medical staff, board of directors and committee meetings as well as representing the hospital at relevant community meetings as needed.
· Participating in the hospital's monthly operation reviews as well as participating in corporate office meetings as deemed necessary.
· At the board’s direction, prepares financial pro forma information on capital projects. Ensures access to external debt markets or identifies other capital financial strategies appropriate to the circumstances.
· Per governing board policy, invests excess short/long term cash and/or investment portfolios to maximize the return on investment while maintaining the safety of the investments.
· In conjunction with CEO, ensures physician/provider contracts are current and meet current regulations such as Stark, Anti-Kickback, etc.
· Other duties as required.