Chief Financial Officer- Valley Hospital

Universal Health Services, Inc.; Phoenix (AZ); On-site; USD 220,000 - 320,000; Full time

Benefits offered by this job

Relocation benefits

Bonus opportunity

Stock options

401k plan with company match

Generous Paid Time Off

Excellent medical, dental, vision

Job summary

Universal Health Services, headquartered in King of Prussia, PA, seeks a seasoned Chief Financial Officer for its Phoenix area operations. The role directs hospital financial strategy, budgeting, cost containment, and revenue optimization within a premier healthcare network.

Ideal candidates bring at least 5 years in healthcare finance leadership, strong knowledge of hospital operations, and the ability to guide financial planning, reporting, and regulatory compliance across multiple facilities.

Qualifications

• Minimum 5 years in a financial leadership role in a healthcare setting.
• Bachelor’s degree required; Master’s degree preferred.
• Working knowledge of hospital financial operations, federal and local tax regulations; familiarity with all business office, accounting, payroll and discharge processes.
• Ability to interpret financial analysis, prepare schedules and reports from source data, and manipulate data in spreadsheets and databases.

Responsibilities

• Monitors and controls accounts receivable and oversees Business Office functions to ensure cash collection goals are met.
• Negotiates terms with third party payers and analyzes pro-forma outcomes for new programs and contracts.
• Develops and monitors policies within generally accepted accounting principles and corporate guidelines to ensure cash flow and cost control.
• Prepares monthly financial statements and analyses, ensuring accuracy of monthly operating results.
• Provides required reporting and reconciliations for departments including Reimbursement, Tax and Auditors.
• Drafts annual budget with management and departments, aligning with UHS objectives and anticipated changes.

Skills

Financial leadership

Healthcare finance

Budgeting

Financial analysis

Regulatory compliance

Education

Bachelor's degree

Master's degree preferred

Job description

Responsibilities

Valley Hospital is a private 122 bed psychiatric hospital specializing in mental health care and chemical dependency. Valley Hospital is built on three core principles, outstanding care, compassionate people and unparalleled service.
Our professional team is dedicated to providing the most effective treatment possible for restored health. We combine the best clinical techniques with state-of-the-art medical care to create the greatest potential for lasting recovery.

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

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 opportunity
• UHS 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.

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.