Chief Financial Officer - Heartland Behavioral Health

Universal Health Services, Inc.; Washington; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading healthcare services provider in Washington seeks a Financial Leader to oversee accounts receivable and improve hospital profitability. Candidates should have a minimum of 5 years in financial leadership roles within healthcare and a Bachelor's degree, with a preference for a Master's. Responsibilities include monitoring cash goals, preparing financial statements, and developing policies to ensure financial health. The role offers competitive compensation and growth opportunities within the organization.

Benefits

Challenging and rewarding work environment

Growth and Development Opportunities

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

Qualifications

• 5+ years of experience in a financial leadership role in a healthcare setting.
• Working knowledge of tax regulations and hospital financial operations.
• Skilled at interpreting financial analysis and preparing reports.

Responsibilities

• Monitor accounts receivables and cash collection goals.
• Improve hospital profitability through cost monitoring.
• Develop and monitor financial policies and procedures.
• Prepare monthly financial statements and reports.
• Provide reconciliations and analyses for auditors.
• Prepare annual budget in conjunction with UHS standards.
• Perform other duties as assigned.

Skills

Financial leadership

Interpreting financial analysis

Knowledge of hospital financial operations

Using electronic spreadsheets

Education

Bachelor's degree

Master's degree

Job description

One of the nation’s largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. (NYSE: UHS) has built an impressive record of achievement and performance. Growing steadily since its inception into an esteemed Fortune 300 corporation, annual revenues were $15.8 billion in 2024. 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 99,000 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.
Heartland Behavioral Health has been providing care for children and adolescents for over 100 years in Nevada, Missouri. We treat male and female patients ages 4 through 17 in acute and ages 4 through 17 females in the residential programs for conditions ranging from depression, anxiety and other mood disorders to recovering from a traumatic event. All of our programs have been designed and tailored to help our patients grow and prosper. Heartland programs are provided with a focus on Trauma Informed Care. Heartland is nestled within 50 secluded acres in Nevada, Missouri, providing the perfect rural area setting for our residents to heal and grow. A reprieve from everyday life, our peaceful environment allows residents to return to the basics and reconnect with themselves and others. We also offer leisure activities, such as baseball, basketball and an equestrian program, that allow children and adolescents to enjoy themselves while building self-confidence, trust and teamwork.

Responsibilities

• Monitors and controls accounts receivables; closely oversees Business Office functions to ensure cash collection goals are met, and net revenue is properly stated. Facilitates weekly A/R meetings with CEO and Business Office Manager to communicate results and monitor areas of weakness. Monitors and affects as needed the relationship between Business Office, Intake and Utilization Review departments to maximize patient revenue.
• Improves the profitability of the hospital. Continually monitors costs in all areas, especially staffing as it relates to patient volume. Continually monitors payer mix and length of stay to maximize reimbursement. Assists in negotiation of contract terms with third party payers. Prepares pro‑forma analysis of new program, contracts, etc. to determine estimated outcome. Monitors and evaluates success/failure of implemented program including physician arrangements.
• Develops policies and procedures. Develops and monitors policies and procedures within generally accepted accounting principles and corporate guidelines to ensure sufficient cash flow, reduced hospital operating costs, and increased revenues.
• Prepares monthly financial statements, financial packages, and other informational reports/analyses. Through account analysis, variance analysis, journal entries, and internal controls, prepares detailed financial statements to accurately reflect the monthly operating results.
• Provides required reporting. Provides reconciliations, account analyses, and other information for Reimbursement Department, Tax Department, Auditors, etc., to aid in preparation of reports.
• Prepares annual budget in conjunction with UHS standards. In cooperation with management and department heads, reviews prior financial results and discusses anticipated changes to highlight future needs and trends. Tailors hospital needs to UHS objectives.
• Performs other duties as assigned/required.

Qualifications

• 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.

Benefits

• 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

EEO Statement

All UHS subsidiaries are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. UHS subsidiaries are equal opportunity employers and as such, openly support and fully commit to recruitment, selection, placement, promotion and compensation of individuals without regard to race, color, religion, age, sex (including pregnancy, gender identity, and sexual orientation), genetic information, national origin, disability status, protected veteran status or any other characteristic protected by federal, state or local laws. We believe that diversity and inclusion among our teammates is critical to our success.