CFO – Posted on 4/22/2016
Posting #62016 External and Internal Candidates may apply at www.thayercountyhealth.com – click on Careers
Thayer County Health Services, Thayer County, NE
Manages, coordinates and analyzes the financial aspects of the Critical Access Hospital and Rural Health Clinic Operations. Designs, implements and manages all systems for identifying and controlling the income and expenses within the facilities and lines of business including Charge Master oversight; consults with and advises Chief Executive Officer and Board of Trustees regarding plans for generating increased revenue streams and controlling operational costs in relation to the overall goals of the hospital, strategies, the market and the needs of the community, county and extended patient marketplace.
SHIFT: Exempt Full-Time, Days
Reports to CEO/President.
• Bachelor’s degree in Accounting and CPA required
• Minimum of 5 years working in Accounting, with 3 years as CFO in a Critical Access Rural Hospital.
• Must have successful history of working with CMS (Medicaid, Medicare payment plans and regulations).
• Advance computer skills in Accounting, Excel and Microsoft Word software programs, prefer experience in CPSI, AllScripts, knowledge of Meditech and or EPIC systems.
• ChargeMaster knowledge as well as fundamentals of ICD-10.
• Ten key by touch
• Financial stewardship leadership: Manages the hospital’s financial resources. Responsible to develop a formal budget and supervises budgeting process, providing a standard of measurement so the actual hospital and departmental performance can be evaluated.
• Develops, coordinates and analyzes the hospital’s policies on finance, accounting, insurance, patient billing and internal controls.
• Provides ongoing reviews, analyzes and communicates financial reports and data to the CEO, and Finance Committee of the Board of Trustees.
• Manages the financial policies for the CAH and RHC to control the receipt of revenue, expenditures of funds and preservation of assets.
• Responsible for the supervision and coordination of the functions of reimbursement, budget, patient accounting, patient registration and general ledger accounting, accounts payable, information systems, and material management.
• Evaluates and recommends changes to the administration for rates/charges and the structure for same as appropriate.
• Evaluates the facilities objectives as they relate to the third party reimbursement and the appropriate analysis. Responsible to make the appropriate organization investments and appropriate reporting on the activities and results of the investments as well. This shall be approved by the Board of Trustees.
• Develop department’s operating budget and ensure that operations are maintained within allocated funds.
• Responsible for the ongoing and updated three year capital budget or as appropriately designated.
• Chief facilitator of Meaningful Use 2 and spearheading the CAH and RHC in progressive and timely mode for attestation deadlines and incremental controls thereafter.
• Establish and maintain all appropriate records and reports applicable to the financial operation of the CAH and RHC.
• Reviews financial impact of hospital contracts.
• Prepares periodic reports outlining the institutions’ financial position in all areas of assets, liabilities, income and expense based on past, present and planned future operations.
• Provides for organization and maintenance of an effective system of accounting and cost determination.
• Responsible to continually review and modify cost systems and data collection to ensure maximum reimbursements for patient services.
• Ensures the timely filing of federal, state, third party and other financial reports as required, including the Medicare and Medicaid Cost Reports.
• Responsible to provide for and understand the current insurance needs of the institution and to assure that the proper protection from liability or other loses is being provided.
• Works with HR Director to analyze the cost impact of Employee benefit programs and compensation plans.
• Perform cost studies involving third parties such as private insurance as well as state and federal coverage plans – with active knowledge of national and state-wide insurance exchanges.
• Plans, coordinates, and prepares for year-end audits by public accounting firms and outside auditors
• Directs and supervises departmental staff and interfaces with all CAH and RHC directors and as appropriate, providers.
• Responsible for establishing and maintaining healthy interpersonal relationships with all CAH and RHC team members.
• Abides by all Federal, State and Hospital laws, regulations policies and guidelines as well as those appropriately identified by Thayer County.
• Attends all required meetings and activities, maintaining a professional affiliation to stay abreast of current trends and changes in legislation in the financial field.
• Perform all other duties as assigned