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Prime Healthcare

Acquires and reorganizes underperforming hospitals

Director of Finance - Hospital Finance Leadership

Corporate Finance & FP&APosted on Nov 5
Full-timeKankakee, IL, USA$110.2k - $159.7k /yrIn-person

About the Job

Requirements

  • A bachelor's degree in Accounting, Finance, or a closely related field is required.
  • Three to five years of management experience in a financial role is required.
  • Extensive knowledge of healthcare accounting practices and principles is required.
  • Familiarity with computer accounting programs is required.
  • Proficiency in Microsoft Office is required.
  • Proficient spoken and written English is required.

Responsibilities

  • Lead all hospital financial operations, including budgeting, forecasting, reimbursement, financial reporting, and fiscal management.
  • Partner with executive leadership to develop financial strategies that support organizational growth, operational excellence, and long-term sustainability.
  • Direct the annual budgeting process and ongoing financial analysis to ensure effective resource allocation and responsible financial stewardship.
  • Monitor key financial metrics and performance indicators while identifying opportunities to improve operational efficiency and financial performance.
  • Ensure compliance with corporate policies, accounting standards, regulatory requirements, and healthcare finance best practices.
  • Oversee financial controls, audits, reimbursement activities, and reporting processes to maintain accuracy, transparency, and accountability.
  • Develop, mentor, and support finance team members while promoting a culture of collaboration, accountability, and continuous improvement.

Desired Qualifications

  • A master's degree in Accounting, Finance, or a closely related field is highly preferred.

About the Company

Prime Healthcare

Acquires and reorganizes underperforming hospitals

Prime Healthcare operates a network of hospitals and outpatient centers across the United States, concentrating on turning around financially struggling facilities. It invests in infrastructure and technology, restructures operations, and negotiates payer terms (including pursuing higher out-of-network reimbursements) to improve financial performance, and it manages both for-profit hospitals and not-for-profit facilities through the Prime Healthcare Foundation. The company aims to raise clinical quality and patient safety while expanding access in hundreds of communities, though it has faced legal and regulatory scrutiny over billing practices and service-line decisions. Its goal is to stabilize and improve the financial and clinical performance of underperforming hospitals so they can continue serving their communities.

Company size
5,001-10,000
Company stage
Debt Financing
Total funding
$2.2B
Headquarters
Ontario, CA
Founded
2001

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