Job description
Welcome to QHR Health!
At QHR Health, we’ve been making local healthcare better for more than 40 years. Our mission is to strengthen independent community healthcare. We provide independent hospitals and health systems with the support, guidance and tech-enabled shared services needed to remain strong and viable. With a strong sense of purpose and commitment to operating excellence, we help rural healthcare providers fulfill their missions.
The QHR Health difference is the extraordinary combination of operations experience and consulting guidance that fulfills our mission of creating a sustainable future for healthcare organizations. QHR Health’s vision is to be a dynamic, integrated professional services company delivering innovative and executable solutions through experience and thought leadership, while valuing trust, respect, and customer focused behavior.
We’re looking for talented, motivated professionals with a desire to help independent hospitals thrive. Working with QHR Health, you will have the opportunity to collaborate with highly skilled subject matter specialists and operations executives, in a collegial atmosphere of professionalism and teamwork.
QHR Health’s corporate headquarters is located in Brentwood, TN. For more information, visit www.qhr.com.
As a member of Crawford Memorial Hospital's senior management team, the Chief Financial Officer (CFO) will participate in the financial and functional decision-making processes necessary for the successful attainment of the hospital's mission, in addition to maintaining an awareness of changes in healthcare matters that could have an impact on the success of the hospital.
General Summary:
- This is a great opportunity to join an innovative and energetic management team with a new vision for the hospital and a plan for continued growth.
- Supportive Board of Trustees working through the Strategic Planning process to include feasibility for building a new replacement facility.
- Building a culture of teamwork with a commitment to excellence.
- Experience with Revenue Cycle and track record of success required.
- Experience with new construction and/or renovation would be a plus.
- Experience with financing of construction projects would be a plus.
Duties and Responsibilities:
- Overall financial operations of the acute-care facility including accounting, budgetary, audits, tax, and other financial planning activities within the hospital organization; including management of respective department heads.
- Working with system management to develop and implement policies and procedures, short- and long-range goals, objectives, and plans.
- Providing financial leadership to hospital managers, directors and officers that will enroll support, create ownership of goals, and encourage active participate in decisions that impact the hospital.
- Ensuring the hospital meets necessary financial regulatory and compliance requirements.
- Contributing financial expertise in the planning of new services that generate additional sources of profitable revenue.
- Managing costs by continually seeking data that will identify opportunities and take action to eliminate non-value costs in conjunction with the hospital's Chief Executive Officer and Chief Nursing Officer.
- Analyzing areas in planning, promoting, and conducting organization-wide performance improvement activities.
- Representing the hospital at meetings including medical staff, hospital board of director meetings as well as relevant community meetings as needed.
- Participating in the hospital's monthly operation reviews as well as participating in corporate office meetings as deemed necessary.
- Responsible for the administrative aspects of leading the department/team to include budgeting, time approvals, staff evaluations and expense approvals.
- Other duties as required.
Knowledge, Skills, and Abilities:
- Ability to establish and maintain effective working relationships with hospital staff and community.
- Demonstrated ability to cope with and manage change, maintain relationships with emotional maturity and self-motivation.
- Experience to include strategic oversight with an emphasis on financial reporting analysis and cash flow management.
- Revenue cycle knowledge and problem-solving skills.
- Public relations abilities.
- Excellent verbal and listening skills.
- Ability to establish and maintain effective working relationships with hospital staff and community.
- Ability to maintain confidential information concerning personal, financial, or medical matters.
- Responsible for the administrative aspects of leading the department/ team to include budgeting, time approvals, staff evaluations and expense approvals.
Work Experience, Education, and Certifications:
- Previous CFO level or equivalent experience within an acute care environment required.
- Previous experience with a proprietary healthcare system preferred, but not required.
- Minimum 5 years financial/accounting progressive managerial experience in acute-care environment.
- Must be proficient in written and verbal communication skills.
- CPA and/or professional certifications including HFMA are a plus
Financial Metrics:
- Solid results from operations with ten-year average net income over 4.4% of net operating revenues.
- Days cash on hand at 274 days (excluding construction and debt service funds)
- Net Days AR approximately 36 days
- Favorable Payor mix
- Completed final phase of the facility master plan over the past 5 years ($10 million)
- Completed $1.7 million Orthopedic clinic.
- Currently completing $11 million expansion/renovation of the Robinson Rural Health Clinic
CMH Strong Personnel Composition:
- Experienced and collaborative Administrative Team
- High performing Department Directors with a strong commitment to the mission including strong skill sets in Finance Division.
- Strong Board of Trustees who operate in a strategic manner and apply good principles of governance instead of minute operational focus.
CMH Service Lines:
- CMH operates four Rural Health Clinics in Crawford County
- CMH offers fulltime Obstetrics/ Gynecology, Orthopedics and General Surgery
- Consulting clinic services:
- Pain Management
- Wound Center
- Infusion Center
- Hematology/ Oncology
- Cardiology
- Otolaryngology
- Nephrology
- Ophthalmology
- Telehealth Services
Awards and Recognition:
- 2017 Press Ganey Guardian of Excellence Award
- 2017 Health Cares Most Wired Winner
- 2018 Becker’s Top 100 Critical Access Hospital
- 2022 CMS 5 Star Hospital
- 2022- Illinois Critical Access Hospital Network (ICAHN) recently recognized Crawford Memorial Hospital for its ongoing commitment to exceptional quality of care for Patient Safety/Inpatient; Patient Engagement; Care Transitions; and Outpatient Measures. Crawford Memorial Hospital was recognized for being in the top 10% of all critical access hospitals in the country for exceptional outpatient quality of care.
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