Canyon Creek Behavioral Health
Chief Financial Officer (CFO)
Canyon Creek Behavioral Health, Temple, Texas, us, 76508
One of the nation’s largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. (UHS) has built an impressive record of achievement and performance. Growing steadily since its inception into an esteemed Fortune 500 corporation, annual revenues were $14.3 billion in 2023. During the year, UHS was again recognized as one of the World’s Most Admired Companies by Fortune; and listed in Forbes ranking of America’s Largest Public Companies.
Headquartered in King of Prussia, PA, UHS has approximately 96,700 employees and continues to grow through its subsidiaries. Operating acute care hospitals, behavioral health facilities, outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located all over the U.S. States, Washington, D.C., Puerto Rico and the United Kingdom.
Canyon Creek Behavioral Health is a 102-bed, acute care psychiatric hospital located in the beautiful Central Texas town of Temple, Texas. Canyon Creek features individual units for adolescents, adults, and seniors, and offers inpatient acute care and intensive outpatient programs.
The CFO will:
Monitor and control accounts receivables. Closely oversee Business Office functions to ensure cash collection goals are met, and net revenue is properly stated. Facilitate weekly A/R meetings with the CEO and Business Office Manager to communicate results and monitor areas of weakness. Monitor and affect as needed the relationship between Business Office, Intake and Utilization Review departments to maximize patient revenue. Improve the profitability of the hospital. Continually monitor costs in all areas, especially staffing as it relates to patient volume. Continually monitor payor mix and length of stay to maximize reimbursement. Assist in negotiation of contract terms with third party payers. Prepare pro-forma analysis of new programs, contracts, etc. to determine estimated outcomes. Monitor and evaluate the success/failure of implemented programs including physician arrangements. Develop policies and procedures. Develop and monitor policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced hospital operating costs, and increased revenues. Prepare monthly financial statements, financial packages, and other informational reports/analyses. Through account analysis, variance analysis, journal entries, and internal controls, prepare detailed financial statements to accurately reflect the monthly operating results. Provide required reporting. Provide reconciliations, account analyses, and other information for Reimbursement Department, Tax Department, Auditors, etc., to aid in preparation of reports. Prepare annual budget in conjunction with UHS standards. In cooperation with management and department heads, review prior financial results and discuss anticipated changes to highlight future needs and trends of the facility. Tailor hospital needs to UHS objectives. Perform other duties as assigned/required. Job requirements: 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 UHS is a registered trademark of UHS of Delaware, Inc., the management company for Universal Health Services, Inc. and a wholly-owned subsidiary of Universal Health Services, Inc. Universal Health Services, Inc. is a holding company and operates through its subsidiaries including its management company, UHS of Delaware, Inc. UHS is not accepting unsolicited assistance from search firms for this employment opportunity. Please, no phone calls or emails. All resumes submitted by search firms to any employee at UHS via email, the Internet or in any form and/or method without a valid written search agreement in place for this position will be deemed the sole property of UHS. No fee will be paid in the event the candidate is hired by UHS as a result of the referral or through other means. Job Type: Full-time Benefits: 401(k) 401(k) matching Dental insurance Employee discount Flexible spending account Health insurance Life insurance Paid time off Relocation assistance Retirement plan Tuition reimbursement Vision insurance Schedule: Monday to Friday Work Location: In person
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Monitor and control accounts receivables. Closely oversee Business Office functions to ensure cash collection goals are met, and net revenue is properly stated. Facilitate weekly A/R meetings with the CEO and Business Office Manager to communicate results and monitor areas of weakness. Monitor and affect as needed the relationship between Business Office, Intake and Utilization Review departments to maximize patient revenue. Improve the profitability of the hospital. Continually monitor costs in all areas, especially staffing as it relates to patient volume. Continually monitor payor mix and length of stay to maximize reimbursement. Assist in negotiation of contract terms with third party payers. Prepare pro-forma analysis of new programs, contracts, etc. to determine estimated outcomes. Monitor and evaluate the success/failure of implemented programs including physician arrangements. Develop policies and procedures. Develop and monitor policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced hospital operating costs, and increased revenues. Prepare monthly financial statements, financial packages, and other informational reports/analyses. Through account analysis, variance analysis, journal entries, and internal controls, prepare detailed financial statements to accurately reflect the monthly operating results. Provide required reporting. Provide reconciliations, account analyses, and other information for Reimbursement Department, Tax Department, Auditors, etc., to aid in preparation of reports. Prepare annual budget in conjunction with UHS standards. In cooperation with management and department heads, review prior financial results and discuss anticipated changes to highlight future needs and trends of the facility. Tailor hospital needs to UHS objectives. Perform other duties as assigned/required. Job requirements: 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 UHS is a registered trademark of UHS of Delaware, Inc., the management company for Universal Health Services, Inc. and a wholly-owned subsidiary of Universal Health Services, Inc. Universal Health Services, Inc. is a holding company and operates through its subsidiaries including its management company, UHS of Delaware, Inc. UHS is not accepting unsolicited assistance from search firms for this employment opportunity. Please, no phone calls or emails. All resumes submitted by search firms to any employee at UHS via email, the Internet or in any form and/or method without a valid written search agreement in place for this position will be deemed the sole property of UHS. No fee will be paid in the event the candidate is hired by UHS as a result of the referral or through other means. Job Type: Full-time Benefits: 401(k) 401(k) matching Dental insurance Employee discount Flexible spending account Health insurance Life insurance Paid time off Relocation assistance Retirement plan Tuition reimbursement Vision insurance Schedule: Monday to Friday Work Location: In person
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