Description
Chief Financial Officer (CFO) - Critical Access Hospital
We are seeking a strategic and experienced Chief Financial Officer to lead the financial operations of our Critical Access Hospital. This pivotal role offers an exciting opportunity to contribute to the financial health and sustainability of a vital healthcare facility dedicated to serving our community. The ideal candidate will bring a strong background in healthcare finance, leadership, and regulatory compliance, ensuring the hospital's fiscal integrity and operational efficiency.
Key Responsibilities:
- Develop, implement, and oversee financial strategies, budgets, and forecasts to support the hospital’s mission and operational goals
- Ensure compliance with all federal, state, and local financial regulations, including Medicare and Medicaid requirements
- Manage financial reporting, including monthly, quarterly, and annual financial statements, and present findings to executive leadership and board of directors
- Oversee Revenue Cycle and reimbursement processes to maximize billing efficiency and effectiveness
- Lead financial audits and coordinate with external auditors to ensure accuracy and compliance
- Monitor cash flow, manage investments, and optimize financial resources
- Collaborate with clinical and administrative teams to support cost containment and revenue enhancement initiatives
- Maintain up-to-date knowledge of healthcare industry trends, reimbursement policies, and regulatory changes affecting hospital finances
- Supervise finance department staff, fostering a culture of accuracy, accountability, and continuous improvement
Skills and Qualifications:
- Bachelor’s degree in Finance, Accounting, Healthcare Administration, or a related field; Master’s degree preferred
- Proven experience as a CFO or senior financial leader within a Hospital setting, preferably in a Critical Access Hospital
- Strong understanding of Revenue Cycle, healthcare reimbursement, Medicare, Medicaid, and other payer systems
- Excellent financial analysis, budgetary, financial planning, and reporting skills
- Knowledge of healthcare compliance standards and regulatory requirements
- Leadership skills with the ability to manage and develop a diverse team
- Exceptional communication and interpersonal skills
- Ability to work effectively in a fast-paced, community-focused environment
Join our dedicated team committed to providing exceptional healthcare services to our community. We offer a collaborative work environment, opportunities for professional growth, and a chance to make a meaningful impact in rural healthcare delivery.
Skills Required
- Bachelor's degree in Finance, Accounting, Healthcare Administration, or related field
- Master's degree (preferred)
- Proven experience as a CFO or senior financial leader within a hospital setting
- Experience in a Critical Access Hospital
- Strong understanding of Revenue Cycle and healthcare reimbursement systems (Medicare, Medicaid, payers)
- Excellent financial analysis, budgeting, planning, and reporting skills
- Knowledge of healthcare compliance standards and regulatory requirements
- Leadership experience managing and developing finance teams
- Exceptional communication and interpersonal skills
- Ability to work effectively in a fast-paced, community-focused environment
What We Do
Morgan Medical Center, formerly Morgan Memorial Hospital, is a 25-bed Critical Access Hospital located in Madison, Georgia. For nearly 60 years, the hospital has served the people of Morgan County, providing quality healthcare including well visits, surgery, physical therapy, and emergency care for critical illnesses such as heart attack or stroke, with a mission to make a positive difference in the lives of others.
