Chief Financial Officer
Company: Community Hospital Corporation
Location: La Grange
Posted on: June 8, 2021
The Chief Financial Officer for this acute care hospital will
follow the direction of the Hospital CEO, Board of Directors and
CHC's SVP of Hospital Financial Operations. The CFO is responsible
for providing leadership and oversight of the overall financial
planning and financial operations for St. Mark's Medical Center, La
Grange, TX while ensuring compliance with the hospital's mission,
vision, values, goals, strategic direction, and applicable laws and
S/he appraises the organization's financial position and issues
periodic financial and operating reports; directs the hospital's
financial planning, revenue cycle, payroll, and accounting
practices; oversees and directs treasury, budgeting, audit, tax,
purchasing, real estate and insurance.
The CFO develops and implements policies and procedures to
include safeguarding of assets and adherence to generally accepted
accounting principles; ensures proper accountability and reporting
to federal and state agencies and all matters pertinent to a
fiscally responsible flow of operations. S/he assures the
implementation and adherence to CHC system-wide financial policies
The CFO is responsible for positive relationships and effective
communications with lending institutions, the financial community,
Community Hospital Corporation, medical staff, employees,
volunteers, community representatives and board members as
- Retains all hospital accreditations, licensures and
designations in good standing.
- Assures hospital compliance with federal, state and local
government laws and regulations, accrediting agency standards,
hospital policies and procedures and rules and regulations. Acts
promptly to comply with required changes.
- Participates in the development of the facility's strategic
plan and short and long-term objectives which will ensure the
continued growth of the facility and the provision of necessary
services to the community; implementing plans and programs as
approved by the governing board.
- Operations Management: Collects and analyzes data from internal
and external sources regarding current way of doing business,
finance, accounting, information management and related processes.
Conducts needs analysis, identifies and prioritizes needs, applies
good problem solving skills. Identifies alternate processes and
potential solutions and acts to implement changes to improve
- Financial Management: Participates in the preparation and
management of sound operating, project and capital budgets. Ensures
the effective use of risk management, financial controls,
productivity measures, reimbursement principles and contracting.
Meets budget-critical financial metrics. Effectively negotiates
third-party contracts. Provides stewardship of all financial and
- Human Resources: Ensures the availability of adequate numbers
of competent staff (including physicians and contract labor) that
are properly credentialed, educated, trained, motivated and
engaged. Directs performance management systems including
policies/practices for providing timely feedback, recognizing
excellence and dealing with problem behavior and poor
- Information Management: Ensures effective collection,
categorization, filing, management, privacy, confidentiality,
security, redundancy, retrieval and reporting capabilities of all
data and information used by the hospital. Guides the development
of plans for meeting the growing demands of information management
and the development of information technology especially relevant
- Vision and strategy setting: Establishes and communicates a
clear and compelling vision. All stakeholders know the hospital's
mission, vision, and priorities. Works with Board, senior
management team, physicians and staff to develop, implement, and
update strategies and opportunities for growth and improvement to
support the hospital's mission and respond to external and internal
- High performance culture: Conveys values and acceptable
behavior to all stakeholders through own actions. Creates an
organizational climate that encourages teamwork, builds employee
engagement, collaborates, accepts accountability, and produces
quality results. Inspires individual and organizational
- Internal Communication and Relationship: Demonstrates effective
interpersonal relations including influencing/persuading at all
levels inside the hospital and corporation. Builds rapport and
trust with team through frequent/timely communication. Develops and
maintains effective medical staff relationships. Seeks input from
stakeholders. Anticipates and addresses concerns. Contributes to
the creation of a culture of communication.
- External Communication and Relationship: Works with community
leaders as appropriate to assess community healthcare needs, build
a positive hospital image and market hospital services. Actively
participates in his/her community through civic and other service.
Demonstrates appropriate political savvy, tact and diplomacy.
- Talent Development: Wants people to develop. Accurately
assesses developmental needs and provides frequent feedback,
coaching, and personal development opportunities. Faces up to
performance and behavior problems quickly and directly. Takes
action promptly to remove talent that is non-responsive to coaching
and developmental activity.
- Accountability: Sets clear, consistent goals and expectations.
Holds self and others accountable for decisions and actions.
Demands high performance. Is reliable, keeps commitments, and
delivers results. Creates an ownership culture.
- Champion for Change: Speaks out for change and helps staff
understand reasons for, and benefits from, change. Links change to
work processes and involves stakeholders in the change process.
Follows through on change initiatives. Maintains the hospital's
compliance with all regulatory and legal requirements.
- Manage subordinate manager(s) who supervise employee(s) and/or
supervise individual contributors as appropriate
- Provide overall direction, coordination and evaluation of all
units under supervision
- Carry out supervisory responsibilities in accordance with
hospital and CHC's policies and applicable laws
- Interview, hire, and train employees
- Plan, assign and direct work
- Appraise performance and develop staff
- Reward and recognize notable performance
- Address complaints, resolve problems and address unacceptable
- BS/BA degree in finance, accounting, business or a related
discipline required. A CPA designation preferred. A graduate level
degree is a plus.
- 5 - 7 years of progressive career experience in Hospital
- Hospital CFO experience required.
- Requires managerial experience and demonstrated understanding
and experience with hospital financial reporting, revenue cycle
management, accounting, budgeting, accounts payable, treasury,
audit, tax, payroll, information technology and materials
- Prefer experience with Medhost.
Competitive salary offered with an incentive compensation plan,
401(k) savings and match, 18 days PTO and 9 paid Holidays.
Insurance to include: Medical, Dental, and Vision insurance, health
and dependent care spending accounts, life insurance, long-term and
short-term disability coverage, tuition assistance program and
employee assistance program.
About St. Mark's Medical Center
St. Mark's Medical Center, located in La Grange, TX is a
65-bed,100,000-square foot not-for-profit community hospital
serving the needs of patients in the central Texas communities of
Fayette and Lee counties. Its mission is 'to provide excellent care
with a spirit of family and hometown trust.' Part of the Community
Hospital Corporation family of hospitals, St. Mark's Medical Center
provides an array of comprehensive healthcare services that range
from cardiac care and cardiac rehabilitation to surgical services,
and specialist care, emergency medicine and general acute care
services. St. Mark's also offers state of the art imaging and
certified laboratory services. Our clinical affiliation with St.
David's HealthCare in Austin continues to build best clinical
practices for our communities. La Grange is located only 60 minutes
from Austin, and 90 minutes from Houston or San Antonio. La Grange
offers country living with easy access to international airports
and other big city amenities. For more information, please visit
About Community Hospital Corporation
Community Hospital Corporation is a Texas not-for-profit company
whose sole mission is to help not-for-profit hospitals, such as St.
Mark's Medical Center, remain community-operated and governed. CHC
owns, manages and consults with hospitals through three distinct
organizations - CHC Hospitals, CHC Consulting and CHC Continue
Care, which share a common purpose of preserving and protecting
community hospitals. Based in Plano, Texas, the organization
provides the resources and experience community hospitals need to
improve quality outcomes, patient satisfaction and financial
For more information about CHC, please visit the company website
Keywords: Community Hospital Corporation, Bryan , Chief Financial Officer, Other , La Grange, Texas
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