Chief Financial Officer, Physician Services

Lifepoint Health Careers; Brentwood (TN); On-site; USD 250,000 - 350,000; Full time

Benefits offered by this job

Comprehensive benefits

Paid time off

Tuition assistance

401(k) with company match

Well-being programs

Job summary

Lifepoint Health is seeking a Chief Financial Officer for Physician Practice Management in Brentwood, TN. You will lead the division's financial operations, including budgeting, forecasting, and revenue cycle oversight, partnering closely with executive leadership to drive profitability and strategic growth across physician services.

The role requires 15+ years of healthcare financial leadership, CFO-level experience in a physician practice environment, and strong analytical and communication

Qualifications

• Bachelor's degree in Finance or Accounting (MBA/CPA preferred).
• 15+ years of progressive financial leadership in healthcare.
• Experience as CFO in Healthcare; CFO in Physician Practice Management preferred.

Responsibilities

• Provide strategic financial leadership and direction to the division, aligning with corporate goals.
• Oversee financial controls, month-end close, and budget processes with detailed reporting for leadership.
• Lead budgeting/forecasting and monitor KPIs for revenue cycle and profitability.
• Collaborate with managed care teams to optimize payer strategies and reimbursement.
• Ensure regulatory compliance including audit and SOX controls; drive cost management and efficiency.

Skills

Strategic leadership

Financial analysis

Budgeting & forecasting

Stakeholder communication

Team development

Regulatory compliance (SOX)

Healthcare financial acumen

Executive presence

Education

Bachelor's degree in Finance/Accounting (MBA or CPA preferred)

Tools

ERP systems

Revenue cycle software

Microsoft Excel

Financial reporting tools

Job description

Chief Financial Officer, Physician Practice Management

Onsite: Brentwood, TN

Your experience matters

At Lifepoint Health, we are committed to empowering and supporting a diverse and determined workforce who can drive quality, scalability, and significant impact across our hospitals and communities. As a member of the Health Support Center (HSC) team, you'll support those that are in our facilities who are interfacing and providing care to our patients and community members to positively impact our mission of making communities healthier®.

More about our team

The Division CFO will oversee the financial operations of the division, providing financial leadership and operational oversight for all financial functions within Physician Practice Management (Physician Services) ensuring the achievement of budgets and metrics through a culture of accountability. This role requires a strategic thinker with strong leadership skills to drive financial performance and support the division's growth objectives and ensures enhanced financial stewardship, oversees revenue cycle operations, drives collaboration with managed care strategies and other business services, and partners closely with leadership across the organization.

How you'll contribute

AChief Financial Officer, Physician Practice Management who excels in this role:

• Provide strategic financial leadership and direction to the division, ensuring alignment with overall corporate goals.
• Provide oversight and leadership on financial controls, month-end financial close, and budget preparation process. This includes preparing and delivering high detail reports to division and company leaders with ability to provide financial recommendations and explanations.
• Responsible for developing, driving and executing strategic operational and financial operations initiatives for the Division.
• Provide financial analysis to President ofPhysician Services, other medical group services operational leaders, Acute Division CEO/CFO and Facility Leadership, in support of operational considerations.
• Responsible for front and back-end revenue cycle operations including oversight of internal CBO operations and revenue cycle IT/operational vendor partners.
• Lead the budgeting and forecasting processes, ensuring accurate and timely financial planning.
• Oversee revenue cycle functions to maximize efficiency and cash flow acrossPhysician Services. Develop and monitor key performance indicators for revenue cycle effectiveness.
• Develop and implement financial metrics to monitor performance and drive accountability across the division.Create an environment of accountability in achieving budgeted metrics and/or targets.
• Work closely with managed care teams to analyze payer strategies. Ensure alignment between managed care initiatives and financial goals to enhance reimbursement rates and payer mix.
• Responsible for collaborating with Health Support Center managed care services to make operational decisions related to physician payor contracting.
• Coordinate with Lifepoint Business Services' functions to streamline financial operations.
• Oversee the preparation and presentation of financial reports, ensuring compliance with regulatory requirements and internal policies.
• Identify and manage financial risks, implementing strategies to mitigate potential impacts.Ensure accurate financial reporting, including audit and SOX compliance.
• Foster a high-performing finance team, promoting a culture of accountability, collaboration, and continuous improvement.Identify opportunities for financial operations improvement and/or increased compliance with established financial controls.
• Communicate financial performance and strategic initiatives to key stakeholders, including the executive team and board of directors.Have an active role and shared governance in payor enrollment process.
• Drive cost management initiatives and identify opportunities for operational efficiencies to enhance profitability.Assume a lead role in analyzing and exploring means of reducing operating costs and increasing revenues based on knowledge of market trends, financial reports, and operating procedures.

Why join us

We believe that investing in our employees is the first step to providing excellent patient care. In addition to your base compensation, this position also offers:

• Comprehensive Benefits:Multiple levels of medical, dental and vision coverage for full-time andpart-time employees.
• Financial Protection & PTO:Life, accident, critical illness, hospital indemnity insurance, short- and long-term disability, paid family leave and paid time off.
• Financial & Career Growth:Higher education and certification tuition assistance, loan assistance and 401(k) retirement package and company match.
• Employee Well-being:Mental, physical, and financial wellness programs (free gym memberships, virtual care appointments, mental health services and discount programs).
• Professional Development:Ongoing learning and career advancement opportunities.

What we're looking for

• Bachelor's degree (Masters Preferred) in Finance, Accounting, or a related field; MBA or CPA preferred.
• Minimum of 15 years of progressive financial leadership experience in healthcare required.
• Experience as CFO in Healthcare required; experience as CFO in Physician Practice Managementhighly preferred.
• Proven track record of managing budgets and achieving financial metrics.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Ability to lead and develop a high-performing team.
• High level experience with financial software and systems

Certifications:

Certified Public Accountant (CPA) Certification Preferred.

Licenses:

Certified Public Accountant (CPA) License Preferred.

EEOC Statement

Lifepoint Health is an Equal Opportunity Employer.Lifepoint Healthis committed to Equal Employment Opportunity for all applicants and employees and complies with all applicable laws prohibiting discrimination and harassment in employment.

You must be authorized to work in the United States without employer sponsorship.

Lifepoint Health is a leader in community-based care and driven by a mission of Making Communities Healthier. Our diversified healthcare delivery network spans 29 states and includes 63 community hospital campuses, 32 rehabilitation and behavioral health hospitals, and more than 170 additional sites of care across the healthcare continuum, such as acute rehabilitation units, outpatient centers and post-acute care facilities. We believe that success is achieved through talented people. We want to create places where employees want to work, with opportunities to pursue meaningful and satisfying careers that truly make a difference in communities across the country.