Job Summary:

Are you tired of being a cog in a hospital bureaucracy? Come lead the financial strategy for a growing independent practice that moves the needle for our community. Apply now to join the leadership team at Primary Care Health Partners.

Are you ready to defend independent healthcare? We are seeking an accomplished and forward-thinking Chief Financial Officer (CFO) to join the leadership team at Primary Care Health Partners (PCHP). Unlike large hospital systems, we are an agile, independent multi-site practice dedicated to preserving access to high-quality primary care throughout Vermont and upstate New York.

This role transcends traditional accounting. You will be the strategic architect behind our financial viability—championing fair reimbursement, leading value-based care initiatives, and driving the operational efficiency required to thrive in a consolidated market.

Key Responsibilities:

1. Payer Contracting & Strategic Planning

Contract Management: Lead the financial analysis and modeling required for commercial payer negotiations. Evaluate fee schedules and contract terms to identify opportunities for rate improvement or contract termination when necessary.
Value-Based Care Analysis: Develop and maintain financial models for risk-based contracts and Accountable Care Organization (ACO) agreements, ensuring accurate forecasting of shared savings and risk exposure.

2. Financial Operations & Cash Management

Treasury Management: Oversee daily cash flow, banking relationships, and credit lines. Manage liquidity to ensure operational stability during potential revenue cycle disruptions.
Operational Oversight: Collaborate with the COO and practice administrators to monitor site-specific cost centers and supply chain expenses. Identify areas for improved efficiency and cost reduction.

3. Partnership Reporting & Distributions

Executive Reporting: Prepare monthly financial dashboards for the Executive Committee and Partners, translating financial data into clear business insights.
Compensation Administration: Administer physician compensation models, including the calculation of productivity-based distributions and partner draws. Ensure accurate reporting of profit-sharing distributions.

4. Regulatory Support & Compliance

Regulatory Data: Prepare financial reports and data analysis to support the COO in regulatory filings and presentations to state bodies.
Tax & Audit Coordination: Coordinate with external accounting firms for the preparation of LLP tax filings and ensure compliance with multi-state tax requirements (New York and Vermont)

Qualifications:

Education: Bachelor’s in Accounting or Finance required; MBA or Master’s in Health Administration preferred.
Certification: CMA or CPA highly preferred.
Experience: 7+ years in healthcare financial leadership, specifically within physician practice management or ambulatory care.

Skills & Competencies:

Key Competency: Proven experience in contract analysis and negotiation. You must understand RBRVS, stop-loss, and capitation models.
Regional Knowledge: Familiarity with the unique healthcare regulatory environments in both New York and Vermont is a major plus.
Tech Skills: Proficiency in Practice Management Systems (e.g., QuickBooks, Electronic Health Management Systems) and advanced Excel financial modeling.
Soft Skills: The ability to explain complex financial "wins" and "risks" to clinical partners and staff without using jargon.

Compensation and Schedule

Schedule: Full-time, Monday–Friday.
Work Setting: Hybrid
Compensation: $110,000-130,000 annually + Performance-based incentive package.

Benefits:

Retirement: 401(k) with Employer Match & bonus opportunities.
Time Off: Generous CTO policy and 7 paid holidays.
Health: Comprehensive Medical, Vision, and Dental insurance.
Perks: Professional development stipend (CME/CPE)

PRIMARY CARE HEALTH PARTNERS Jobs

Chief Financial Officer