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Universal Health Services

Manages hospitals and behavioral health facilities

Chief Financial Officer

Corporate Finance & FP&AConfirmed live in the last 24 hours
Full-timeTitusville, FL, USA

About the Job

Requirements

  • At least 5 years of experience in a financial leadership role in a healthcare setting.
  • A bachelor's degree is required; a master's degree is preferred.
  • Working knowledge of hospital financial operations and federal and local tax regulations.
  • Knowledge of business office, accounting, payroll, and other administrative office operations, including processes from registration through discharge.
  • Skill in interpreting financial analysis and performance information; preparing schedules and reports using source data and compiling reports from others' schedules; using electronic spreadsheets; and manipulating data within proprietary and acquired databases.

Responsibilities

  • Monitor and control accounts receivable, oversee Business Office functions to meet cash collection goals and properly state net revenue, facilitate weekly accounts receivable meetings with the CEO and Business Office Manager, and address weaknesses.
  • Monitor relationships among the Business Office, Intake, and Utilization Review departments as needed to maximize patient revenue.
  • Improve hospital profitability by monitoring costs, especially staffing relative to patient volume, and monitoring payer mix and length of stay to maximize reimbursement.
  • Assist in negotiating contract terms with third-party payers and prepare pro forma analyses of new programs and contracts to estimate outcomes.
  • Monitor and evaluate the success or failure of implemented programs, including physician arrangements.
  • Develop and monitor policies and procedures consistent with generally accepted accounting principles and corporate guidelines to support cash flow, reduce operating costs, and increase revenue.
  • Prepare monthly financial statements, financial packages, and other reports and analyses, using account analysis, variance analysis, journal entries, and internal controls to reflect monthly operating results accurately.
  • Provide reconciliations, account analyses, and other information to the Reimbursement Department, Tax Department, auditors, and others for report preparation.
  • Prepare the annual budget in conjunction with UHS standards and, with management and department heads, review prior results and discuss anticipated changes to identify future facility needs and trends; align hospital needs with UHS objectives.
  • Perform other duties as assigned or required.

About the Company

Universal Health Services

Manages hospitals and behavioral health facilities

Universal Health Services operates a network of acute care hospitals, behavioral health facilities, and ambulatory centers across the United States. It generates its services by acquiring and managing healthcare facilities, then integrating them under centralized operating practices to deliver patient care. The company’s offering is the management and provision of hospital and behavioral health services, with a focus on standardized clinical operations, economies of scale, and nationwide coverage. What sets UHS apart is its long history of growth through acquisitions, its size and scale in both acute and behavioral health markets, and its ability to integrate new facilities while maintaining consistent care quality. Its goal is to provide high-quality healthcare across a broad network, improve patient outcomes, and sustain long-term value for shareholders by expanding access and efficiency in hospital and behavioral health services.

Company size
10,001+
Company stage
IPO
Headquarters
Upper Merion Township, Pennsylvania
Founded
1978

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