Campus Pride Jobs

JOB REQUIREMENTS: Works with the hospital CEO, COO, CCO, hospital board and employees to develop financial goals and objectives for the critical access hospital and rural health clinics. Provides proactive, sound guidance regarding management of assets and investments, and financial trends within the facility. Works with department managers and patient care executives to implement financial plans and productivity benchmarks, and to monitor progress toward financial goals. Is actively involved in MHLC system management approaches, corporate performance and the growth of a team-oriented culture. In conjunction with the CEO, establishes a five -year strategic financial plan for the hospital as part of the hospital\'s strategic planning process. Employs a system of responsible accounting, including budget and internal controls. Ensures that monthly financial statements and bi-weekly productivity reports are completed and distributed on a timely basis. Ensures that all balance sheet accounts are reconciled on a monthly basis and a system of internal controls are in place to facilitate a clean audit opinion with no audit adjustments or internal control deficiencies noted. Maintains effective revenue cycle processes to keep patient accounts receivable at an acceptable level and also increasing the hospital\'s cash flow. Maintains a thorough working knowledge of federal, state and managed care reimbursement payment methodologies, including: contractual accounting, payment calculations, billing requirements and compliance issues. Keeps up to date with all federal statutes surrounding participation in the Medicare and Medicaid programs, including, but not limited to: EMTALA, Medicare fraud and abuse issues, Stark legislation, and IRS guidelines pertaining to the operation of not for profit entities. Specific areas of responsibility include: patient financial services; maximizing cash flow consistent with sound credit and collection policies while maintaining good rapport with the community; financial reporting with detailed analysis of financial statements and variances from budget; audits of financial statements and internal controls; examination of insurance policies to ascertain that hospital assets are properly insured against loss and that the hospital\'s liability coverage meets MHLC\'s management contract requirements Monitors capital asset expenditures and depreciation; prepares annual operating budgets with input and involvement at the departmental level, as well as capital budgets and cash flow projections; arranges lines of credit and maintains proper banking relations; and adheres to County and hospital corporate compliance standards and procedures. Supervises the areas of Accounting, Admitting/Registration, Patient Financial Services, Credit and Collection and Credentialing. Keeps the MHLC Administrative team (hospital CEO, COO and CCO) aware of all key financial developments. Fulfills accountability for the hospital by submitting to County Board all appropriate reports and functions as a cooperating member of a great team. Ensures that hospital management fees are paid in accordance with the contract terms. Works closely with the hospital CEO and COO to resolve any payment issues quickly. Understands the benefit of and supports the hospital\'s participation in the group purchasing organization (GPO). Monitors hospital compliance within the GPO. Works closely with the COO and purchasing department to ensure compliance. Assures renewal of the hospital management contract and works closely with the COO, business office staff, attorneys, and the hospital board to negotiate the renewal contract. ***** OTHER EXPERIENCE AND QUALIFICATIONS: Minimum of five years hospital financial Management experience required Critical Access Hospital experience required Rural Health Clinic experience required Prior financial leadership experience preferred Strategic Leadership - The a ility to set long-term strategies for the organization and develop comprehensive actions to achieve those chosen strategies Organization Engagement - The ability to communicate to groups within the organization in an engaging and motivational manner with the objective of moving the organization toward chosen strategies and goals. Reading Comprehension - Understanding written sentences and paragraphs in work related documents. Speaking - Talking to others to convey information effectively. Critical Thinking - Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems. Active Listening - Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times. Judgment and Decision Making - Considering the relative costs and benefits of potential actions to choose the most appropriate one. Problem Sensitivity - The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem. ***** APPLICATION INSTRUCTIONS: Apply Online: https://lafayettecountywi.civicpluswebopen.com/hr/job-opening/mhlc-chief-financial-officer-cfo