Avem Health Partners · 1 hour ago
Chief Financial Officer
Oklahoma City, OK
Full-time
Onsite
Director/Executive
10+ years expAvem Health Partners is an entrepreneurial hospital management company focused on managing and expanding Critical Access Hospitals. The Chief Financial Officer (CFO) will oversee the financial strategy and performance of the organization, ensuring compliance and sustainability while supporting growth through acquisitions and operational excellence.
Financial ServicesHealth CareInformation TechnologyMedical
Responsibilities
Partner with the CEO and executive team to shape and execute the company’s growth strategy, including acquisitions, integration, and expansion into new markets
Lead financial due diligence, modeling, and integration efforts for Critical Access Hospital acquisitions, with a focus on Texas growth
Develop scalable financial systems, controls, and reporting structures that support a multi-hospital, multi-state platform
Translate organizational strategy into measurable financial goals, KPIs, and actionable plans for leadership and the Board
Direct all financial planning, budgeting, forecasting, and capital allocation activities
Oversee the organization’s transaction processing systems, accounting operations, and internal controls
Ensure accurate, timely financial statements and reporting for executive leadership, the Board, and external stakeholders
Maintain strong relationships with lenders, auditors, investors, and regulatory bodies
Provide expert leadership over Critical Access Hospital revenue cycle operations, including charge capture, billing, collections, and reimbursement optimization
Maintain deep, working knowledge of cost-based reimbursement methodologies, Medicare and Medicaid billing requirements, and CAH-specific payment calculations
Oversee preparation, review, and submission of Medicare cost reports, ensuring accuracy, compliance, and maximized reimbursement
Analyze reimbursement trends and payer performance; recommend strategies to enhance revenue integrity and financial sustainability
Ensure strong collaboration between finance, revenue cycle, clinical, and operational teams
Maintain comprehensive knowledge of federal, state, and local healthcare regulations, including Medicare and Medicaid participation requirements
Ensure compliance with laws and regulations such as EMTALA, Stark Law, Anti-Kickback Statute, Medicare fraud and abuse regulations, and IRS guidelines
Oversee audits, compliance reviews, and corrective action plans as needed
Identify, assess, and mitigate financial and operational risks across the organization
Maintain appropriate insurance coverage and business continuity plans
Monitor legal and regulatory issues impacting the organization and healthcare industry
Serve as a trusted advisor to the Board of Directors on financial performance, risk, and strategic initiatives
Lead, mentor, and develop a high-performing finance and revenue cycle team
Foster a culture of accountability, continuous improvement, innovation, and ethical practice
Support hospital leaders and directors as they implement strategic and financial initiatives
Champion change initiatives while maintaining financial stability and high-quality care delivery
Qualification
Required
Bachelor's degree in finance, Accounting, Business Administration, or related field
Extensive experience with Critical Access Hospital cost-based reimbursement and revenue cycle operations
10+ years of progressively responsible financial leadership experience in healthcare
Strong knowledge of healthcare regulatory compliance and reimbursement systems
Preferred
Master's degree in finance, Business Administration, or related field
Certified Public Accountant (CPA)
Prior experience supporting hospital acquisitions or multi-hospital systems
Ability to travel as needed to hospitals and corporate locations
Ability to perform essential job functions with or without reasonable accommodation
Company
Avem Health Partners
Avem Health Partners - formerly First Physicians Capital Group - is an Oklahoma City-based hospital management company with a mission to improve healthcare in rural communities.
Founded in 1980Beverly Hills, California, USA
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2014-08-19Acquired
2011-12-06IPO
Leadership Team
Hunter Thoms, MBA, PMP
Chief Executive Officer - Rural Wellness Fairfax, Inc.
Angelia Sylsberry
Chief Nursing Officer
Company data provided by crunchbase