The position of Chief Financial Officer represents an outstanding opportunity to serve as a key leader of Faith Regional Health Services, leading and impacting the financial affairs for the organization.
The Chief Financial Officer (CFO) is a key member of the senior leadership team of Faith Regional Health Services in Norfolk, Nebraska. Reporting to the Chief Executive Officer, the CFO will provide the vision, leadership, direction and administration of financial systems and strategy for Faith Regional Health and Skyview Medical Management Services. This individual will work to maximize financial resources and preserve and protect the long-term financial integrity of the of the organization.
The Ideal Candidate:
Master's degree (M.B.A., M.H.A. or equivalent); seven to ten years progressive leadership experience in healthcare finance; or equivalent combination of education and experience.
A community hospital setting
Experience in new service development, service expansion and business development
Development and deployment of reimbursement/payer strategies
Operational finance reporting
Strategic planning and emerging business models
Revenue cycle (both hospital and professional)
Experience preferred with value-based contracts, bundled payments, ACOs.
CPA or FHFMA
Faith Regional Health Services has a long tradition of delivering health care to the residents of Nebraska since 1923. Patients live in the primary and secondary service areas that encompass 13 counties in northeast and north central Nebraska.
The 128-bed acute care hospital offers Centers of Excellence in Cancer, Heart & Vascular, Home Health, Hospice, Orthopedics, Occupational Health & Wellness, Physical Rehabilitation, Sleep Disorder Center, and Women’s & Children’s. Faith Regional Health Services employs more than 1,400 individuals, one of the major employers in Norfolk and the surrounding area. Subsidiaries include Faith Regional Physician Services, Saint Joseph’s Rehabilitation and Care Center, and Skyview Villa Assisted Living. Affiliates include Genoa Medical Facilities and Niobrara Valley Hospital. The organization also partners with local physicians in the ownership of with Faith Regional Surgery Center.
Faith Regional Health Services is a $220M organization and is financially strong with an operating margin of almost 4%. In the last two years the organization has implemented EPIC through Nebraska Medicine Community Connect and INFOR for ERP and Human Resources. The implementations were very successful, and the organization is now focused on optimizing operations around the new solutions. Revenue Cycle optimization is will be a major focus area for the new Chief Financial Officer especially in the area of reducing denials from payor organizations. The Chief Financial Officer must also assess the data infrastructure offered by the new technology solutions and create a robust decision support function.
Norfolk, the home of Johnny Carson, is in Northeast Nebraska within Madison County and the Elkhorn River Valley. Norfolk is the perfect mix of a small community environment located in the middle of several larger cities; 100 miles northwest of Omaha, 120 miles north of Lincoln and 75 miles southwest of Sioux City, Iowa. U.S. Highways 81 and 275, and Nebraska Highways 24 and 35 intersect in Norfolk. Norfolk is only 15 miles from Madison, Nebraska, the county seat of Madison County. Norfolk accommodates several branch offices for Madison County as well as a separate State Highway Patrol Center and serves a 23-county area.
Norfolk is the economic center for an area encompassing six counties. With a population of approximately 25,000 people it ranks as the 9th largest city in the State of Nebraska. Faith Regional Health Services is the largest employer in the region, other basic economic activities of Norfolk are manufacturing, farming (both livestock and grain), education, retailing, and wholesaling. Norfolk is the major retail trade center for Northeast Nebraska.
Please direct all inquiries, applications, and referrals to:
Internal Number: 27515
About AMN Leadership Solutions on behalf of Faith Regional Health Services
AMN Leadership Solutions, Executive and Physician Leadership Search is a retained executive search firm serving the healthcare and life sciences industries. Ranked as one of the top healthcare recruiting firms in the country, AMN Leadership Solutions is known for leading healthcare into the future by its growing base of clients across the country, drawing on a national pool of candidates. For more information, please visit their website at www.phillipsdipisa.com.