Healthcare Finance Director

Community Health Development Partners (CHDP) is a community focused, quickly growing organization that is seeking an entrepreneurially minded Healthcare Finance Director.

The Healthcare Finance Director is a senior-level executive responsible for overseeing the financial operations within CHDP's healthcare business unit, Community Health.

This role requires a combination of financial expertise, strategic planning, and a deep understanding of the healthcare industry.

The Finance Director collaborates with various departments to ensure financial stability, regulatory compliance, and effective resource allocation.

Key Responsibilities :

Financial Planning and Analysis

• Develop and implement financial plans, budgets, and forecasts to support the organization's strategic objectives.
• Conduct financial analysis to identify trends, variances, and opportunities for improvement.
• Provide regular financial reports and updates to the executive leadership team.

Revenue Cycle Management

• Oversee the revenue cycle, including billing, collections, and reimbursement processes.
• Implement strategies to optimize revenue generation and minimize financial risks.
• Collaborate with billing and coding teams to ensure accurate and timely claims submission.

Cost Management

• Analyze and control costs to enhance operational efficiency and maintain financial viability.
• Identify areas for cost reduction and efficiency improvement while maintaining high-quality patient care.

Compliance and Regulatory Reporting

• Ensure compliance with healthcare finance regulations, including billing and coding guidelines, Medicare, Medicaid, and other reimbursement programs.
• Prepare and submit required financial reports to regulatory bodies.

Financial Leadership and Team Management

• Lead the finance team, providing guidance, mentorship, and professional development opportunities.
• Foster a collaborative and proactive financial culture within the organization.

Strategic Financial Planning

• Collaborate with executive leadership to develop and implement financial strategies aligned with the organization's mission and goals.
• Evaluate potential financial risks and opportunities and make recommendations for mitigating or leveraging them.

Audit and Internal Controls

• Coordinate financial audits and ensure compliance with internal control procedures.
• Implement and monitor effective internal controls to safeguard the organization's assets.

Stakeholder Communication

• Communicate financial performance, risks, and opportunities to the executive team and relevant stakeholders.
• Collaborate with other departments to integrate financial considerations into decision-making processes.

Requirements

• Bachelor's degree in Finance, Accounting, or a related field (Master's degree preferred).
• Extensive experience in healthcare finance, with a deep understanding of healthcare reimbursement models and regulatory requirements.
• Strong analytical and strategic planning skills.
• Excellent leadership and team management abilities.
• Knowledge of healthcare financial software and systems.
• Strong communication and interpersonal skills.

The Healthcare Finance Director plays a crucial role in ensuring the financial health and sustainability of the healthcare organization, contributing to its overall success and the delivery of quality patient care.

Community Health Development Partners (CHDP) is a diverse group of professionals dedicated to the idea that everyone deserves access to quality medical care at an affordable price.

CHDP is an equal opportunity employer that celebrate diversity and is committed to creating inclusive environments for their employees.