One of the nation’s largest and most respected hospital management companies, Universal Health Services, Inc. (NYSE: UHS) has built an impressive record of achievement and performance. Growing steadily since its inception into an esteemed Fortune 500 corporation, UHS today has annual revenue exceeding $10.7 billion. In 2019, UHS was again recognized as one of the World’s Most Admired Companies by Fortune; in 2018, ranked #268 on the Fortune 500; and in 2017, listed #275 in Forbes inaugural ranking of America’s Top 500 Public Companies.
Our operating philosophy is as effective today as it was 40 years ago, enabling us to provide compassionate care to our patients and their loved ones: Build or acquire high quality hospitals in rapidly growing markets, invest in the people and equipment needed to allow each facility to thrive, and become the leading healthcare provider in each community we serve.
Headquartered in King of Prussia, PA, UHS has more than 87,000 employees and through its subsidiaries operates 350 inpatient acute care hospitals and behavioral health facilities and 30 outpatient and other facilities located in 37 states, Washington, D.C., Puerto Rico and the United Kingdom. For additional information on the Company, visit our web site: http://www.uhsinc.com.
We are currently recruiting for a CFO for Corona Regional Medical Center in Corona, CA. Corona Regional Medical Center is a 240-bed progressive acute-care facility and medical center that has been serving Corona and surrounding regional since 1933. We are a thriving community hospital, proud to offer the "high-tech" advantages of a big-city hospital and the personalized care of a hometown provider.
Job Responsibilities Include:
Maximize hospital financial performance. Analyze the profitability of existing hospital operations, product lines, contractual agreements, etc., making recommendations when appropriate for improvement. Act as a change agent to reduce expenses and reduce variation in organization/process/procedures. Focused on metrics to target overall hospital improvement in operations and finance.
Participate in the hospital financial reporting process. Supervise the preparation of reports outlining hospital’s financial position and operating profit and loss statement. Participate in the preparation and timely filing of federal, state, hospital association, third party, and other financial reports as required.
Develop employees through appropriate management practices, creates a hospital climate to motivate employees to highest performance. Establish direction, coaches employees, provides feedback, and builds commitment.
- Must possess a working knowledge of GAAP, Medicare and Medicaid regulations, and federal and local tax regulations; knowledge of all business office and other administrative office operations including all processes from registration (pre-registration) through discharge and terminal resolution of the patient bill; knowledge of managed care and other payer processes and agreements, including specific terms for negotiation are required; knowledge of all accounting processes including accounts payable, payroll and general accounting and effective ability to prepare financial statements and operating reports that accurately and timely reflect the entity’s performance.
- Must be skilled at interpreting the abstract pieces of financial analysis and performance; preparing schedules and reports, using source data and compiling reports from others’ schedules; skill in use of electronic spreadsheets and ability to manipulate data within proprietary and acquired data bases, using ACCESS, ECLYPSIS, or other data bases; adept at skillfully communicating ideas and facts, packaging information and concepts in a way that increases understanding by others.
- Must possess a Bachelor's degree in finance, accounting, or other closely related field with 8-10 years of relevant experience in a healthcare environment. A Master's degree and at least 5 years of relevant experience is highly preferred.
- Experience working closely with hospital-operated medical groups is preferred.