NeuroPsychiatric Hospitals · 1 week ago
Facility Chief Financial Officer
Indianapolis, IN
Full-time
Onsite
Mid, Senior Level
3+ years expNeuroPsychiatric Hospitals is a national leader in behavioral healthcare, specializing in patients with acute psychiatric and complex medical needs. They are seeking a Chief Financial Officer (CFO) to oversee financial operations and fiscal management of the hospital in Indianapolis, IN, ensuring timely and accurate financial reporting and compliance with regulations.
Health Care
Responsibilities
Ensure completion of timely and accurate monthly financial statements, including monthly operating reports, certifications, disclosures, and forecasts
Balance sheet accounts are reconciled on a monthly basis and in compliance with company policies with variances identified and corrected
Confirm accounting and business office policies and internal controls are in place for audit with no material adjustments or deficiencies found
Prepares annual operating budget and participates in the annual strategic planning process, including ongoing analysis of variances from budget and implementing changes needed to achieve budget goals
Has thorough working knowledge of federal, state and managed care reimbursement methodologies to confirm accuracy of payment to facilities and recorded revenue deductions
Routinely review revenue cycle metrics to identify and address issues affecting overall performance to include timely collection of accounts receivable, limiting uncompensated care and achieving goals for cash collections and AR days to reduce bad debt and denials
Actively involved in Front End Revenue Cycle processes to include completed insurance verification on 100% of patients, working with the financial counselors to ensure proper determination of patient portions and, approval of any discounts or charity for logging of upfront collections
Monitors purchases to ensure supply costs are kept to budgeted levels
Qualification
Required
Bachelor's degree in Healthcare Administration, Business Administration, Public Health or Clinical Discipline required
Minimum of 3 years of successful CFO experience in a healthcare setting required or completion of the NPH CFO in Training Program
Excellent financial analysis skills
Advanced proficiency with software packages including Excel and Word
Preferred
Master's degree preferred
Certified Public Accountant (CPA) preferred
Previous behavioral healthcare experience highly preferred
Previous experience with a proprietary healthcare system a plus
Must live within market being served
Benefits
Competitive compensation structure
Medical, Dental, and Vision Insurance
NPH 401(k) plan with up to 4% Company match
Employee Assistance Program (EAP) Programs
Generous PTO and Time Off Policy
Special tuition offers through Capella University
Work/life balance with great professional growth opportunities
Employee Discounts through LifeMart
The chance to grow your leadership career with a dynamic organization
Company
NeuroPsychiatric Hospitals
NeuroPsychiatric Hospitals is a health care company that provides psychiatric and psychological treatments.
501-1000 employees
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
Enhanced Healthcare Partners
2020-09-30Private Equity
Leadership Team
P
Paul Hazelwood
Chief Information Officer
Recent News
2022-07-20
2022-07-20
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