Chief Financial Officer (CFO) at Willamette Valley Medical Center

Company: Health Support Center
Location: Mcminnville
Posted on: March 19, 2023

Job Description:

LifePoint Health- Health Support CenterLifepoint Health has an opportunity for a Chief Finacial Officer. The CFO will have oversight of Willamette Valley Medical Center located in McMinnville, Oregon. Willamette Valley Medical Center (WVMC) is a 60-bed acute-care, full-service facility, fully accredited by The Joint Commission and certified as an accredited Chest Pain Center by ACC Accreditation Services, the accrediting arm of the American College of Cardiology. WVMC features a 24-hour Emergency Department with round-the-clock imaging and laboratory services, the Joint Replacement Institute (Advanced Certified in Total Hip and Knee Replacement by the Joint Commission), an Intensive Care Unit, and a Senior Behavioral Health Services unit. WVMC also provides a host of other services including a full spectrum of inpatient and outpatient Surgical Services, a Family Birthing Center, Endoscopy, Cardiac Catheterization Lab, Cardio Pulmonary Services, and Therapy Services. In addition, the hospital offers specialty radiation oncology services in the H. R. Hoover, MD, Cancer Center and advanced wound treatment at the Wound Care & Hyperbaric Medicine Center. Willamette Valley Medical Center The Chief Financial Officer provides leadership and direction to all financial departments for the overall fiscal responsibility of the hospital.Other duties include:

• Administers the general accounting, patient business services, including third party reimbursement, financial, and statistical reporting functions of the hospital in accordance with established policies and accounting procedures.
• Provides formal or informal direction in data processing, distributed systems, material management and medical records functions.
• Trains subordinates on the above areas and monitors performance to ensure fiscal responsibilities are fulfilled.
• Assists the CEO in the development of long and short-range hospital operations plans that may include service demand analyses, resources availability analyses and cost benefit analyses of proposed capital and staff expansions.
• Develops long and short-range operational and capital budgets, which are supported by the hospitals long and short range plans and objectives.
• Prepares cash flow analyses and budget variance analyses.
• Recommends budget modifications as required. Assists managers in the development of departmental budgets.
• Monitors, interprets and analyzes hospital financial performance in realizing established plans and objectives of the hospital.
• Identifies and reports undesirable trends and potential business opportunities and makes recommendations for action.
• Directs the preparation of internal financial reports including work papers for annual financial audit.
• Assures the timely and accurate preparation of financial reports and assures that the reports reliably reflect the financial position of the hospital.
• Assumes a lead role in analyzing and exploring means of reducing hospital operating costs and increasing revenues based on knowledge of market trends, financial reports and operating procedures.
• Responsible for direction and submission on a timely basis all financial data associated reports required by government and other regulated agencies including payroll tax reports, public disclosure reports and third party payor cost reports.

Keywords: Health Support Center, Portland , Chief Financial Officer (CFO) at Willamette Valley Medical Center, Accounting, Auditing , Mcminnville, Oregon