CHIEF FINANCIAL OFFICER
Company: NeuroPsychiatric Hospitals
Location: Kalamazoo
Posted on: October 8, 2024
Job Description:
About Us
HEALING THE BODY AND MIND
Founded fifteen (15) years ago, NeuroPsychiatric Hospitals is the
largest hospital system in the nation providing care to patients
with both neurological and medical needs. We are unique in that we
serve a population which others have been previously been unable
to, largely due the patient's underlying medial issues. Our
facilities maintain an inter-disciplinary focus using a
multi-specialty approach for both neuropsychiatric and complex
medical care issues. This proven approach provides unrivaled
quality care for all of our patients. With nine current hospitals
across Indiana, Arizona, and Texas, we are continuing our growth to
ensure better access to our unique model of care.
Overview
NPH is adding a Chief Financial Officer (CFO) to serve our patients
and leadership team at our new de novo hospital in Kalamazoo,
Michigan. The CFO will have oversite and accountability for overall
financial operations and day-to-day fiscal management of the
hospital.
Benefits of joining NPH
- Competitive compensation structure
- Medical, Dental, and Vision Insurance
- NPH 401(k) plan with up to 4% Company match
- Employee Assistance Program (EAP) Programs
- Generous PTO and Time Off Policy
- Special tuition offers through Capella University
- Work/life balance with great professional growth
opportunities
- Employee Discounts through LifeMart
- The chance to grow your leadership career with a dynamic
organization Responsibilities
- Ensure completion of timely and accurate monthly financial
statements, including monthly operating reports, certifications,
disclosures, and forecasts
- Balance sheet accounts are reconciled on a monthly basis and in
compliance with company policies with variances identified and
corrected
- Confirm accounting and business office policies and internal
controls are in place for audit with no material adjustments or
deficiencies found
- Prepares annual operating budget and participates in the annual
strategic planning process, including ongoing analysis of variances
from budget and implementing changes needed to achieve budget
goals.
- Has thorough working knowledge of federal, state and managed
care reimbursement methodologies to confirm accuracy of payment to
facilities and recorded revenue deductions.
- Routinely review revenue cycle metrics to identify and address
issues affecting overall performance to include: timely collection
of accounts receivable, limiting uncompensated care and achieving
goals for cash collections and AR days to reduce bad debt and
denials.
- Actively involved in Front End Revenue Cycle processes to
include: completed insurance verification on 100% of patients,
working with the financial counselors to ensure proper
determination of patient portions and, approval of any discounts or
charity for logging of upfront collections.
- Monitors purchases to ensure supply costs are kept to budgeted
levels. Qualifications
- Bachelor's degree in Accounting or business-related field with
major in Accounting required; Master's degree or CPA a plus.
- At least 3 years of successful CFO experience in a healthcare
setting desired
- Previous Behavioral healthcare experience highly
preferred.
- Previous experience with a proprietary healthcare system a
plus
- Must live within market being served
- Excellent financial analysis skills.
- Advanced proficiency with software packages including Excel and
Word.
Keywords: NeuroPsychiatric Hospitals, Lansing , CHIEF FINANCIAL OFFICER, Executive , Kalamazoo, Michigan
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