Lifepoint Health® · 1 week ago
Chief Financial Officer
Lifepoint Health is a diversified healthcare delivery network dedicated to prioritizing well-being and exceptional care. The Chief Financial Officer (CFO) is responsible for the overall financial administration of the hospital, including revenue cycle management, financial reporting, and ensuring compliance with accounting principles and guidelines.
Responsibilities
Supervise and oversee the activities of the business office staff (billing, collections, financial counseling, utilization review and data processing) and maintains effective revenue cycle processes to keep patient accounts receivable at an acceptable level and also increasing the hospital’s cash flow (including management of denials)
Ensures that company policies and procedures are effective and implemented to assure minimal risk to the facility
Responsible for compliance along with generally accepted accounting principles as well as any other local, state and federal guidelines required
Will ensure accurate capturing and posting of all financial and daily accounting activity and ensures that monthly financial statements and regular productivity reports are completed and distributed on a timely basis
Contribute to and monitor performance goals and objectives (EBITDAR target). Analyzes variances and with CEO, develops action plans to achieve assigned targets
Maintain patient accounts receivable at amounts appropriate for market, payer, and acuity mix (measured by AR days)
Ensures all balance sheet accounts are reconciled on a monthly basis and systems of internal controls are in place to facilitate a clean audit opinion
Typically supervises the areas of Accounting, Patient Financial Services, Purchasing, Payroll and other departments as required at the individual hospital
Ensures that month-end financial closing process is completed accurately and timely; prepares financial statements and monthly operating review reports to co-present with the hospital CEO to corporate management
Responsible for preparation of annual operating and capital budgets for the hospital
Assists the corporate finance and accounting team in the annual independent audit preparation and process
Responsible for daily, weekly and monthly reporting of operating statistics and financial metrics as scheduled and or requested
All other duties assigned
Qualification
Required
Bachelor's degree in finance or accounting or related field required
Previous experience in healthcare overall financial operations/controls required
Experience in payroll also required
Proficient in use of Microsoft Office applications and has used computer workstation in previous roles in hospital
Preferred
CPA preferred
Knowledge of in-patient psychiatric and chemical dependency hospital finance preferred
Benefits
Comprehensive Benefits: Multiple levels of medical, dental and vision coverage tailored benefit options for part-time and PRN employees, and more.
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.
Company
Lifepoint Health®
Lifepoint Health is a leading healthcare provider that serves patients, clinicians, communities and partner organizations across the healthcare continuum.
Funding
Current Stage
Public CompanyTotal Funding
$1.9B2024-05-09Debt Financing· $800M
2023-09-29Debt Financing· $1.1B
2018-07-23Acquired
Leadership Team
Recent News
HospitalManagement.net
2026-01-09
2026-01-07
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