VP Financial Services

Covenant Health

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profile Job Location:

Morristown, NJ - USA

profile Monthly Salary: Not Disclosed
Posted on: 4 days ago
Vacancies: 1 Vacancy

Job Summary

Overview

Vice President Financial Services

Full Time 80 Hours Per Pay Period Day Shift

Morristown-Hamblen Overview:

Morristown-Hamblen Healthcare Systemis a 170-bed hospital serving an eight-county region in East Tennessees Lakeway Area. The facility includes more than 20 emergency suites advanced laboratories radiology and therapy services and a Breast Imaging CenterofExcellence for mammograms biopsies and nurse navigation. The Womens Center features six modern labor and delivery suites and a secure nursery for newborn care. Withstate-of-the-arttechnology and a dedicated team Morristown-Hamblen provides exceptional patient-focused care close to meet the needs of our growing community we continue to develop services attract new physicians and embrace innovation all to promote an improved quality of life.

Position Summary:

Plans organizes and directs the strategic planning and fiscal resources of Morristown-Hamblen Healthcare System. Duties also include direct supervision of General Accounting Cost Accounting Accounts Payable Budgeting and Reimbursement. This position interfaces with all Patient Registration and Admitting functions including Outpatient and Emergency Room.

Responsibilities

  • Manages all financial resources.
  • Manages human resources and achievement of strategic objectives for the Financial Services Division.
  • Facilitates a process of effectively providing for capital needs.
  • Prepares and effects timely filling of federal state third party and other financial reports as required.
  • Responsible for staying abreast of economic changes and new trends in healthcare and assesses their potential impact on operations. Educates other members of the Senior Leadership team.
  • Leads the organization by visualizing the future and guiding us there financially. Focuses on the future and utilizes appropriate resources to teach the organization financial lessons learned from the past.
  • Provides budget planning guidelines; presents budget and performance goals to corporate office.
  • Coordinates with Risk Management to provide for current and adequate insurance protection to protect organizations from liability and other losses.
  • Supervises investigation and analysis of costs charges rates etc. and makes appropriate recommendations to permit income to support organizational activities.
  • Prepares revisions to rate structure.
  • Maintains full knowledge of business results by Product Line and makes strategic recommendations to the Senior Leadership Team based upon projected future results.
  • Establishes and maintains accounting systems to meet organizational needs and periodically provides complete and accurate reports of assets liability and financial transactions.
  • Evaluates the information systems needs to support financial services and coordinates and assists in new applications development.
  • Reviews and analyzes monthly financial statements and operating reports with leadership and makes recommendations concerning methods of cost containment and revenue enhancement.
  • Coordinates financial services functions with other hospital departments and other affiliated companies and act as a resource for other departments in matters of record keeping and financial information processing.
  • Serves as liaison to corporate Information Services departments.
  • Follows policies procedures and safety standards. Completes required education assignments annually. Works toward achieving goals and objectives and participates in quality improvement initiatives as requested.
  • Performs other duties as assigned.

Qualifications

Minimum Education:

Masters degree in Business Administration/Accounting or CPA.

Minimum Experience:

Seven (7) years experience required

Licensure Requirement:

None


Required Experience:

Exec

OverviewVice President Financial ServicesFull Time 80 Hours Per Pay Period Day ShiftMorristown-Hamblen Overview:Morristown-Hamblen Healthcare Systemis a 170-bed hospital serving an eight-county region in East Tennessees Lakeway Area. The facility includes more than 20 emergency suites advanced labor...
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About Company

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Covenant Health is the top-performing healthcare network in East Tennessee. Our experienced staff is ready to support your medical needs.

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