Chief Financial Officer - Prairie St. John's Behavioral Health Hospital

Universal Health Services; Fargo (ND); On-site; USD 210,000 - 315,000; Full time

Benefits offered by this job

Competitive Compensation

Excellent Medical, Dental, Vision and

Prescription Drug Plan

401k plan with company match

Generous Paid Time Off

Relocation benefits

Bonus opportunity

UHS Stock opportunity

Job summary

Prairie St. John’s, part of Universal Health Services, seeks a Chief Financial Officer to lead the hospital’s financial operations.

You will monitor accounts receivable, oversee the Business Office, and collaborate with leadership to maximize patient revenue and profitability. You will develop and implement policies, prepare monthly financial statements, budgets, and analyses, and provide essential reporting to auditors and executive leadership.

Qualifications

• Bachelor’s degree required; Master’s degree preferred.
• 5+ years in financial leadership in healthcare.
• Knowledge of hospital financial operations and tax regulations.
• Skilled at financial analysis, reporting and data manipulation.
• Travel up to 2%.

Responsibilities

• Monitor and control accounts receivables; oversee the Business Office; communicate results to leadership.
• Improve profitability; monitor costs, staffing, payer mix and length of stay; negotiate contracts; perform pro-forma analyses.
• Develop and monitor policies and procedures per GAAP and corporate guidelines.
• Prepare monthly financial statements, packages and analyses; conduct variance analyses.
• Provide required reporting for Reimbursement, Tax, Auditors; support annual budgeting.
• Prepare annual budget with management; align with organizational objectives; communicate needs and trends.
• Perform other duties as assigned.

Skills

Financial leadership

Healthcare finance

Budgeting

Financial analysis

Communication

Education

Bachelor’s degree

Master’s degree preferred

Tools

Electronic spreadsheets

Proprietary databases

Job description

Responsibilities

Founded in 1997, Prairie St. John’s is a fully licensed and accredited 132-inpatient bed psychiatric hospital facility offering services for children, adolescents and adults to address mental health issues, substance use addiction or co-occurring disorders.

Prairie St. John’s offers a full psychiatric and addiction continuum of care.

This continuum of care includes inpatient hospitalization, Partial Hospitalization (day treatment), residential treatment, intensive outpatient services.

The Chief Financial Officer:

• Monitors and controls accounts receivables. Closely oversees Business Office functions to ensure cash collection goals are met, and net revenue is properly stated. Facilitates weekly A/R meeting with CEO and Business Office Manager to communicate results and monitor areas of weakness. Monitors and affects as needed relationship between Business Office, Intake and Utilization Review departments to maximize patient revenue.
• Improves the profitability of the hospital. Continually monitors costs in all areas, especially staffing as it relates to patient volume. Continually 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 program, contracts, etc. to determine estimated outcome. Monitors and evaluates success/failure of implemented program including physician arrangements.
• Develops policies and procedures. Develops and monitors policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced hospital 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, prepares detailed financial statements to accurately reflect the monthly operating results.
• Provides required reporting. Provides reconciliations, account analyses, and other information for Reimbursement Department, Tax Department, Auditors, etc., to aid in preparation of reports.
• Prepares annual budget in conjunction with UHS standards. In cooperation with management and department heads, reviews prior financial results and discuss anticipated changes to highlight future needs and trends of the facility. Tailor’s hospital needs to UHS objectives.
• Performs other duties as assigned/required.

Qualifications

Minimum of 5 years of experience in a financial leadership role in a healthcare setting.

• 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; using electronic spreadsheets and ability to manipulate data within proprietary and acquired databases.
• 2% Travel

Benefits

This opportunity offers the following:

• Challenging and rewarding work environment
• Growth and Development Opportunities within UHS and its Subsidiaries
• Competitive Compensation
• Excellent Medical, Dental, Vision and Prescription Drug Plan
• 401k plan with company match
• Generous Paid Time Off
• Relocation benefits
• Bonus opportunityUHS Stock opportunity

About Universal Health Services

Headquartered in King of Prussia, PA, Universal Health Services, Inc. (NYSE: UHS) is one of the nation’s largest and most respected providers of hospital and healthcare services. Since our founding in 1979, UHS has grown steadily into a premier Fortune 500 corporation perennially recognized by multiple esteemed national rating entities. Through its subsidiaries, UHS operates inpatient acute care facilities, inpatient behavioral health facilities, outpatient and other facilities, nationwide virtual behavioral health services, an insurance offering, a physician network and various related services with physical locations in the U.S., Puerto Rico, Ireland and United Kingdom. www.uhs.com.

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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.