Chief Financial Officer- Doctors Medical Center Modesto

Overview

Company Background
Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services company headquartered in Dallas. Our care delivery network includes United Surgical Partners International, the largest ambulatory platform in the country, which operates ambulatory surgery centers and surgical hospitals. We also operate a national portfolio of acute care and specialty hospitals, other outpatient facilities, a network of leading employed physicians and a global business center in Manila, Philippines.

Our Conifer Health Solutions subsidiary provides revenue cycle management and value-based care services to hospitals, health systems, physician practices, employers, and other clients. Across the Tenet enterprise, we are united by our mission to deliver quality, compassionate care in the communities we serve. For more information, please visit

Market Summary

Doctors Medical Center of Modesto, Modesto, California, 465 beds, key service lines include Cardiovascular, Neurosciences, Women and Children’s Services, Neonatal Level III, Trauma Level II, Orthopedics, and Robotic Surgery. Doctors Medical Center of Modesto is a full-service, comprehensive healthcare facility, dedicated to providing the finest medical care for the Stanislaus County community. From preventative and diagnostic services to expertise in some of the world s leading technologies, DMC s multidisciplinary team of physicians and healthcare professionals is dedicated to your good health and well-being.

Position Summary

The Chief Financial Officer has responsibility for safeguarding the facility assets and ensuring the financial statements, including the books and records, are prepared and maintained in accordance with GAAP. The CFO is also responsible for ensuring compliance with company financial and accounting policies and procedures and for ensuring internal controls are effective in both design and operation, including routine monitoring of controls.

Additionally, the CFO is a key member of the Facility A-Team and participates in establishing and implementing strategic business plans for the facility. He/she is a key member of the facility management team that interacts and communicates on a regular basis with an array of internal and external constituents, including various regulatory bodies.

Functional Expectations & Requirements

The CFO has responsibility for the identification and independent assessment of financial risk, establishing and monitoring mitigation plans, and for the communication of financial risk and opportunity to the Group Chief Financial Officer and Facility Chief Executive Officer. The CFO is also responsible for the monitoring of financial performance and the maintenance of realistic financial plans and forecasts. The CFO must have strong business acumen to work collaboratively with home office departments such as Compliance, Home Office Accounting/Financial Reporting, Information Systems, Internal Audit, Legal, Treasury and other departments that provide support services to the facility.

The CFO is responsible for monitoring the revenue cycle process and, along with other revenue cycle stakeholders, the improvement of the revenue cycle process through rate setting, charge capture, managed care negotiations, and cash collections.

The CFO is responsible for the evaluation and management of investments in capital projects by applying unbiased scrutiny in determining the financial impact and ROI of such projects and managing the capital spend in accordance with the capital cash flow projections.

As Such, The CFO’s Responsibilities Are To

• Analyze daily operating results to ensure that revenues, expenses, and labor are within budgeted objectives; advise department heads and administration of needed changes and improvements in a timely manner.

• Establish and maintain sound financial controls and record keeping; approve financial expenditures up to the level established by the CEO.

• Keep abreast of government regulatory requirements and the rapidly changing reimbursement environment to develop and implement changes to policies and procedures as needed.

• Ensure that the financial operations of the…