CFO - ACUTE

Universal Hospital Services Inc.; Palmdale (CA); On-site; USD 260,000 - 380,000; Full time

Benefits offered by this job

Relocation benefits

Job summary

Universal Health Services, Inc. (UHS) invites qualified candidates for the Chief Financial Officer role at Palmdale Regional Medical Center in Palmdale, CA.

The CFO will oversee financial performance, reporting, and compliance across hospital operations. The ideal candidate has extensive healthcare finance experience, mastery of GAAP, Medicare/Medicaid, and tax rules, plus leadership skills to mentor staff and drive performance.

Qualifications

• Bachelor's degree in Accounting or Finance; 10+ years of progressive financial experience, healthcare preferred.
• Master's degree preferred with 8+ years of related experience.
• Strong knowledge of GAAP, Medicare/Medicaid regulations, and tax rules.

Responsibilities

• Maximize hospital financial performance by analyzing profitability of operations and contracts; drive cost reductions.
• Oversee hospital financial reporting and prepare reports on financial position and operating results.
• Lead timely filings of federal, state, and third-party financial reports.
• Develop management capabilities by coaching staff and building a high-performance culture.

Skills

GAAP knowledge

Medicare/Medicaid regulations

Tax regulations

Financial reporting

Data analysis

Education

Bachelor's degree in Accounting or Finance

Master's degree preferred

Tools

ACCESS/ECLYPSIS databases

Job description

Responsibilities

One of the nation’s largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. (UHS) has built an impressive record of achievement and performance. Growing steadily since itsinceptioninto an esteemed Fortune 500®corporation, annualrevenuesduring2025were$17.4billion.In 2026,UHS was again recognized as one of Fortune World’s Most Admired Companies™ and in 2025, waslisted in Forbes ranking of America’s Largest Public Companies. Headquarteredin King of Prussia, PA, UHS has approximately101,500employeesand continues to grow through its subsidiaries. Operating acute care hospitals, behavioral health facilities, outpatient facilities and ambulatory care access points, an insurance offering, a physiciannetworkand various related serviceslocatedin 40U.S.states, Washington, D.C., PuertoRicoand the United Kingdom.Foradditionalinformationvisit www.uhs.com.

UHS is currently recruiting for our CFO at Palmdale Regional Medical Center located in Palmdale, CA. Palmdale Regional Medical Center serves the region by providing high quality medical services to residents and surrounding communities. The hospital features 190 licensed acute care beds, inpatient and outpatient surgery, cardiac services featuring a STEMI Receiving Center (heart attack), and a 35-bed 24-hour emergency department. The Center for Wound Care provides treatment for people with chronic non-healing wounds. This comprehensive wound‑healing service includes hyperbaric oxygen therapy. More than 400 physicians are on the medical staff at Palmdale Regional Medical Center and they have around 900 employees.

The CFO job responsibilities will include:

• Maximize hospital financial performance. Analyze the profitability of existing hospital operations, product lines, contractual agreements, etc., making recommendations when appropriate for improvement. Act as a change agent to reduce expenses and reduce variation in organization/process/procedures. Metric-focused to target overall hospital improvement in operations and finance.
• Participate in the hospital financial reporting process. Supervise the preparation of reports outlining hospital’s financial position and operating profit and loss statement.
• Participate in the preparation and timely filing of federal, state, hospital association, third party, and other financial reports as required.
• Develop employees through appropriate management practices, creates a hospital climate to motivate employees to highest performance. Establish direction, coaches employees, provides feedback, and builds commitment.

This opportunity offers the following:

• Competitive compensation
• Excellent medical, dental vision and prescription plan
• Generous paid time off
• Challenging and rewarding work environment
• 401(k) retirement plan with a company match
• Relocation benefits

Qualifications

Job Requirements:

• To be considered for this role, you must possess a working knowledge of GAAP, Medicare and Medicaid regulations, and federal and local tax regulations; knowledge of all business office and other administrative office operations including all processes from registration (pre-registration) through discharge and terminal resolution of the patient bill; knowledge of managed care and other payer processes and agreements, including specific terms for negotiation are required; knowledge of all accounting processes including accounts payable, payroll and general accounting and effective ability to prepare financial statements and operating reports that accurately and timely reflect the entity’s performance.
• Must be skilled at interpreting the abstract pieces of financial analysis and performance; preparing schedules and reports, using source data and compiling reports from others’ schedules; skill in use of electronic spreadsheets and ability to manipulate data within proprietary and acquired data bases, using ACCESS, ECLYPSIS, or other databases; adept at skillfully communicating ideas and facts, packaging information and concepts in a way that increases understanding by others.
• You must possess a Bachelor's degree in Accounting, Finance, or other closely-related field and a minimum of 10 years of relevant progressive financial experience, preferably with a healthcare organization. A Master's degree in Accounting, Finance, or other closely-related field is preferred with a minimum of 8 years of progressive financial experience required (healthcare organization strongly preferred).

UHS is not accepting unsolicited assistance from search firms for this employment opportunity. Please, no phone calls or e-mails. All resumes submitted by search firms to any employee at UHS; via e-mail, the Internet or in any other form and/or method without a valid written search agreement in place for the above-listed position will be deemed the sole property of UHS. No fee will be paid in the event the candidate is hired by UHS as a result of the referral or through other means.

EEO Statement

All UHS subsidiaries are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. UHS subsidiaries are equal opportunity employers and as such, openly support and fully commit to recruitment, selection, placement, promotion and compensation of individuals without regard to race, color, religion, age, sex (including pregnancy, gender identity, and sexual orientation), genetic information, national origin, disability status, protected veteran status or any other characteristic protected by federal, state or local laws.

We believe that diversity and inclusion among our teammates is critical to our success.