Lifepoint Health has an opportunity for a Behavioral Health Division Chief Financial Officer. The Division CFO will have oversight of Behavioral Health located in Brentwood TN.
At Lifepoint Health, we are committed to empowering and supporting a diverse and determined workforce who can drive quality, scalability, and significant impact across our hospitals and communities.
More About Our Team
The Behavioral Health Division CFO will oversee the financial operations of the division, ensuring the achievement of budgets and metrics through a culture of accountability. This role requires a strategic thinker with strong leadership skills to drive financial performance and support the behavioral health division's growth objectives.
Position serves both internal co-workers and external customers, clients, patients, contractors, and vendors.
Access to and/or works with sensitive and/or confidential information.
Exhibit a comprehensive understanding of healthcare regulatory and compliance (e.g., HIPAA). Skilled in the application of policies and procedures. Knowledge of Business Office Standards and Recommended Practices.
Knowledge of Generally Accepted Accounting Principles (GAAP), Securities and Exchange Commission (SEC) regulations, and state regulatory environments as needed.
The role requires extensive overnight travel (over 15%) by land and/or air.
How You'll Contribute
A Behavioral Health Division Chief Financial Officer who excels in this role will focus on the following:
- Financial Leadership: Provide strategic financial leadership and direction to the division, ensuring alignment with overall corporate goals.
- Provide oversight and leadership on financial controls, month-end financial close, and budget preparation process. This includes preparing, delivering high detail reports to division and company leaders with ability to provide financial recommendations and explanations.
- Strategic Leadership: Responsible for driving strategic operational and financial operations initiatives for the Division.
- Operational Efficiency: Responsible for front and back-end revenue cycle operations including oversight of internal CBO operations and revenue cycle IT/operational vendor partners.
- Budgeting and Forecasting: Lead the budgeting and forecasting processes, ensuring accurate and timely financial planning.
- Performance Metrics: Develop and implement financial metrics to monitor performance and drive accountability across the division.
- Create an environment of accountability in achieving budgeted metrics and/or targets.
- Financial Reporting: Oversee the preparation and presentation of financial reports, ensuring compliance with regulatory requirements and internal policies.
- Risk Management: Identify and manage financial risks, implementing strategies to mitigate potential impacts.
- Ensure accurate financial reporting, including audit and SOX compliance.
- Team Development: Foster a high-performing finance team, promoting a culture of accountability, collaboration, and continuous improvement. Identify opportunities for financial operations improvement and/or increased compliance with established financial controls.
- Stakeholder Communication: Communicate financial performance and strategic initiatives to key stakeholders, including the executive team and board of directors. Have an active role and shared governance in payor enrollment process.
- Operational Efficiency: Drive cost management initiatives and identify opportunities for operational efficiencies to enhance profitability. Assume a lead role in analyzing and exploring means of reducing operating costs and increasing revenues based on knowledge of market trends, financial reports, and operating procedures.
- Collaborative Chops: Excel in partnership with other stakeholders in organization. Demonstrate extremely strong cross-pollination capabilities in a complex, highly matrixed company.
Why join us
We Believe That Investing In Our Employees Is The First Step To Providing Excellent Patient Care. In Addition To Your Base Compensation, This Position Also Offers
- Comprehensive Benefits: Multiple levels of medical, dental and vision coverage for full-time and part-time employees.
- Financial Protection & PTO: Life, accident, critical illness, hospital indemnity insurance, short- and long-term disability, paid family leave and paid time off.
- Financial & Career Growth: Higher education and certification tuition assistance, loan assistance and 401(k) retirement package and company match.
- Employee Well-being: Mental, physical, and financial wellness programs (free gym memberships, virtual care appointments, mental health services and discount programs).
- Professional Development: Ongoing learning and career advancement opportunities.
What We're Looking For
Applicants should have a bachelor's degree from an accredited school in Finance, Accounting or a related field. MBA and/or CPA preferred.
Additional Requirements Include
- Minimum of 15 years of progressive financial leadership experience in healthcare required.
- Proven track record of managing budgets and achieving financial metrics.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Ability to lead and develop a high-performing team.
- High level experience with financial software and systems
- Behavioral health domain experience is strongly preferred.
- Must work from Lifepoint HSC in Brentwood, Tennessee.
Certifications: Certified Public Accountant (CPA) Certification Preferred.
Supervisory Responsibilities
Manage the work of others, including planning, assigning, scheduling, and reviewing work, and ensuring quality standards. Responsible for hiring, terminating, training and developing, reviewing performance, and administering corrective action for staff.
Skills
- Business Mathematical Skills -- Ability to add, subtract, multiply, and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rates, ratios, and percentages and to draw and interpret graphs.
- Advanced Computer Skills -- Routine use of electronic mail and computer systems. Ability to incorporate complex and complicated functions into documents, spreadsheets, databases, and presentations to support business objectives.
- Organizational Communication -- Manages broad-based complex information across departments with company-wide impact. Presents to diverse audiences, and can negotiate, motivate, and persuade others.
- Organizational Business Problems -- Problems are broad, complex, and abstract, often involving company-wide issues. Must develop solutions using substantial creativity, resourcefulness, innovation, negotiation, and diplomacy.
- Organizational Impact -- Decisions have significant, broad implications for the management and operations of a division. Job contributes to decisions on the overall strategy and direction of LifePoint.
- Organizational Judgment -- Sets direction and vision for major departments or multiple departments. Establishes priorities, develops policies, and allocates resources for LifePoint.
- Organizational Planning/Organization -- Prioritize, organize, and delegate project assignments company-wide: responsible for project outcomes.
- In Addition, the skills below are required:
- Strategic thinking and business acumen.
- Strong leadership and organizational skills.
- Proficiency in financial modeling and forecasting.
- Prominent level of integrity and ethical standards
EEOC Statement
"Lifepoint Health is an Equal Opportunity Employer. Lifepoint Health is committed to Equal Employment Opportunity for all applicants and employees and complies with all applicable laws prohibiting discrimination and harassment in employment."
You must be authorized to work in the United States without employer sponsorship.
Lifepoint Health is a leader in community-based care and driven by a mission of Making Communities Healthier. Our diversified healthcare delivery network spans 29 states and includes 63 community hospital campuses, 32 rehabilitation and behavioral health hospitals, and more than 170 additional sites of care across the healthcare continuum, such as acute rehabilitation units, outpatient centers and post-acute care facilities. We believe that success is achieved through talented people. We want to create places where employees want to work, with opportunities to pursue meaningful and satisfying careers that truly make a difference in communities across the country.
Lifepoint Health is a leader in community-based care and driven by a mission of Making Communities Healthier. Our diversified healthcare delivery network spans 29 states and includes 63 community hospital campuses, 32 rehabilitation and behavioral health hospitals, and more than 170 additional sites of care across the healthcare continuum, such as acute rehabilitation units, outpatient centers and post-acute care facilities. We believe that success is achieved through talented people. We want to create places where employees want to work, with opportunities to pursue meaningful and satisfying careers that truly make a difference in communities across the country.
