Market Chief Financial Officer- Northern CA

Job Summary

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.

MARKET SUMMARY

NORTHERN CALIFORNIA HOSPITALS

Doctors Medical Center of Modesto, Modesto, California, 461 beds, key service lines include Cardiovascular, Neurosciences, Women and Children’s Services, Neonatal Level III, Trauma Level II, Orthopedics, and Robotic Surgery.

Emanuel Medical Center, Turlock, California, 209 beds, key service lines include Emergency Care, Cardiology, Oncology, Pediatrics, Women’s Services, and General Surgery.

Doctors Hospital of Manteca, Manteca, California, 73 beds, key service lines include Gastroenterology, Orthopedics, Bariatrics, General Surgery, Urology, and Obstetrics.

San Ramon Market

San Ramon Regional Medical Center, San Ramon, California, 123 beds, key services lines include Orthopedics, General Surgery, Cardiology, and Women’s Services.

POSITION SUMMARY

The Market Chief Financial Officer, Northern California Group, will be responsible for oversight of the financial integrity of the market as well as for the Doctors Medical Center of Modesto facility. He/she will have responsibility for ensuring that the hospitals in the market run in the most cost-effective manner and that all financial risks for the organization are managed appropriately.

The Market Chief Financial Officer has overall responsibility for safeguarding the facility assets and ensuring the financial statements, including the books and records, are prepared and maintained in accordance with GAAP for all facilities within the assigned region. This person is also responsible for ensuring compliance with company financial and accounting policies and procedures, as well as ensuring internal controls are effective in both design and operation, including the routine monitoring of controls.

Additionally, the Market Chief Financial Officer serves a key member of the Facility(s) A-Teams and, as such, participates in establishing and implementing strategic business plans for each facility. He/she is a key member of the facility(s) management team(s) that interacts and communicates on a regular basis with an array of internal and external constituents, including various regulatory bodies.

FUNCTIONAL EXPECTATIONS & REQUIREMENTS:

The Market Chief Financial Officer has responsibility for the identification and independent assessment of financial risk, establishing and monitoring of mitigation plans, and for the communication of financial risk and opportunity to the Group Chief Executive Officer and Facility Chief Executive Officer(s). This person is also responsible for the monitoring of financial performance and the maintenance of reasonable and appropriate financial plans and forecasts.

He/She must have strong business acumen in order to work collaboratively and effectively 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(s).

The Market Chief Financial Officer is responsible for the monitoring of 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 Market Chief Financial Officer is also 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 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 facility are carried out in an ethical,…