Description

Corporate Vice President of Hospital Financial Operations is a senior Executive Leadership responsible for the strategic oversight, integrity, and financial functions impacting operations of the facilities within the system portfolio. Reporting to the CFO, this leader provides oversight, guidance and intervenes where necessary to ensure facility operational leaders are receiving value-added support ensuring growth and the hospital's long-term financial sustainability. 
 
Key Responsibilities

Financial Management: Analytical review of the hospitals within the portfolio financial performance and identification of strategic risks and opportunities. 

Budgeting & Forecasting: Oversee the annual operating and capital budget processes, conduct variance analysis, and implement financial forecasting models.

Strategic Growth: Partner with Executive Leadership leadership to evaluate strategic initiatives, expansions, and business plans to support high-quality patient care.

Decision Support: Provide actionable financial data and analytics to clinical department heads to optimize workflows and reduce costs.

Reimbursement Strategy: Oversee managed care contracting, payer negotiations, and reimbursement optimizations alongside the central billing office. 

Requirements

Typically requires 10+ years of progressive healthcare finance experience, with a proven track record in hospital financial management and shared services.

Leadership: Strong background leading cross-functional teams and implementing enterprise standardization and automation.

Industry Knowledge: Deep understanding of healthcare reimbursement models (e.g., value-based care, fee-for-service), payer regulations, and clinical operations.