Yuma Regional Medical Group CFO

Location
Yuma, Arizona (US)
Salary
$250,000 to $342,000 plus 20% bonus (KPI Based Incentive)
Posted
Jun 07, 2024
Closes
Jul 22, 2024
Hours
Full Time
Practice Setting
Group Practice
Work Mode
On-site
Employment Type
Permanent
Organization Type
Hospital / Health System

The CFO of Yuma Regional Medical Group (YRMG) is responsible for providing leadership and financial oversight to YRMCs newly formed, multi-specialty medical group. With a direct reporting relationship to the Medical Group’s President, this leader will guide a medical group of 283 providers (214 Multi-Specialty Physicians, 69 APP’s) and supporting staff/departments practicing in over 35 ambulatory locations with plans for ambitious growth.  

Yuma Regional Medical Center is a $900 million not-for-profit (406 Beds). Yuma Regional Medical Center is a 406 bed, not for profit, state of the art medical facility located in Yuma, AZ. Staffed by 2400 employees and nearly 400 medical practitioners. YRMC also has numerous clinics and associated specialty centers, (35+), Cancer Center, Specialty Clinic, Family Medicine Center, Heart Center, and a brand new, and a state of the art, 72 bed Emergency Department (one of the busiest in the state with 75k annual visits). YRMC is the only Level IV trauma center within 180 miles.

Major Responsibilities / Duties / Critical Tasks:

The YRMG Chief Financial Officer provides oversight and management of YRMG’s finances and is responsible for financial reporting.  Works in close collaboration with YRMC divisions, to maintain a seamless experience for all YRMG and YRMC stakeholders.   Assesses provider financial risks and opportunities and provides oversight and manages subordinate financial managers. Sets and tracks financial goals, objectives, revenue cycle and budgets. Serves on several councils and committees, primarily at YRMG but also at YRMC.

Fiscal Management- Demonstrates personal accountability for the YRMG financial results and revenue cycle health through development of an annual budget and operational plan and management of performance based on the plan. Engages staff in efforts to contain costs and improve the efficiency and cost-effectiveness of services. Understands the basics of health care financial management. Establishes budget targets for department, provides oversight for the process, and holds self and other individuals accountable for compliance with annual budget plan. Identifies program or service growth opportunities and methodologies to enhance revenues. Using available data analytics, assesses and addresses fiscal needs by working closely with YRMG and YRMC Leaders and Committees.  Uses data analytics and other tools to forecast and manage volumes to adjusted budget.

Operational Management/Quality in Everything We Do- Exhibits a commitment to operational management and completing tasks through personal initiative, persistence. Demonstrates an ability to plan, organize, coordinate, prioritize, balance workload, and follow through to achieve institutional and individual goals and objectives. Demonstrates use of good judgments and sound decision making (common sense, intuition, data collection, analytical skills, impact evaluation, and communications) to systematically address problems, define alternate solutions, negotiate, and facilitate implementation of solutions. Balances need for consensus and involvement with need for decisiveness and action. Provides consistent and open encouragement to try new and creative approaches, yet willing to decide and take a stand. Contributes new ideas and new ways of thinking to improve departmental performance and services. Identifies need for change and develops/accepts creative approaches and solutions. Participates in performance improvement activities, and by challenging processes, eliminates inefficient/ineffective procedures and waste by collaborating with co-workers or across departments to improve processes. Implements an effective and on-going program to monitor, evaluate and improve the quality of services delivered. With the assistance of direct reports, develops processes and procedures which are effective, efficient, and aligned with organizational goals and values. Ensures division has qualified staff and needed resources. Establishes performance standards with which to measure effectiveness and efficiency of services.

Planning/Vision- Provides vision, forward thinking and strategic planning in a proactive manner while being open-minded and creative in establishing a strategic direction. Develops through an integration of ideas of those involved, an organized strategy to achieve both short- and long-term objectives for the medical group finances. Effectively communicates strategy to obtain commitment by the responsible individuals. Leads the financial strategic planning process and ensures these plans and objectives are integrated within the plans of YRMC. Works with others in YRMG and YRMC leadership as well as physicians to identify and evaluate programs and emerging technologies.  Builds and maintains partnership with YRMC Finance Division. 

System Thinking-Understands how individual actions contribute to the overall good of the institution. Understands and can communicate how individual and department goals overlap with YRMC's goals. Demonstrates commitment for the good of the organization while maintaining congruence with commitment to the department. Recognizes and uses information about organizational climate and key individuals to accomplish legitimate organizational goals. Maintains awareness of the importance of timing, politics, and group processes in managing change. Balances YRMG divisional needs and departmental needs, with the hospital needs and reconciles between these without sacrificing the critical needs of either. Works collaboratively with a variety of key stakeholders to achieve and enhance team, department and YRMC's goals.

Customer Service- Exhibits unyielding commitment to providing excellent service to patients, physicians, employees, and other customers. Demonstrates strong communication skills through effective exchange of information with others, including written and oral communication, active listening, influencing the behavior of others and building personal rapport. Communicates with others in an open and friendly manner, while simultaneously building credibility and rapport. Exhibits strong interactive skills through a demonstration of respecting others' feelings, ideas, and opinions; fosters an open interchange, displays a genuine understanding and acceptance of others. Demonstrates perceptivity regarding others' feelings, ideas and opinions. Maintains responsibility for assuring a respectful work environment. Sets the tone in the department by communicating values and attitudes that will significantly shape the culture of the group. Models appropriate behaviors and values; sets expectations for respectful behavior with all employees. Supports collaboration between patients, families, health care practitioners, and health care leaders in policy and program development, implementation, and evaluation; in facility design; professional education, and delivery of care.

Human Resources Management-Develops others through setting clear expectations, mentoring and coaching, and holding others accountable for results. Utilizing work force analysis, identifies required competencies needed for effective management of human resources and can identify short and long-term staffing needs, Conducts oneself in an honest, credible, trustworthy manner consistent with YRMC's values. Demonstrates an integration of values, beliefs, attitudes, and behaviors through an acceptance of responsibility and accountability for individual's own actions. Ensures that the workforce has the necessary skills to accomplish the work required to achieve the objectives of the department. Partners with Human Resources to develop long-term human resource plans, anticipating future needs and developing employees able to meet those challenges. Fosters an open working environment for easy access to express ideas and concerns. Demonstrates and expects open communications. Promotes an environment that is open and collaborative while keeping the team focused on a common goal. Builds rapport, encourages teamwork, creates an environment where employees may feel empowered.

Community- Leverages the unique system capabilities (hospital and community providers) to increase value for external and internal customers and eliminate barriers to care. Participates in community involvement. Champions community involvement in the department and throughout the organization. Promotes and encourages community involvement throughout the department. Incorporates community goals in overall departmental goals. Demonstrate involvement in community events and hospital partnerships.

Required Education / Experience:

Bachelor’s Degree required; Masters preferred.10+ years of experience as a financial leader, with at least 5+ years of experience overseeing the financial enterprise of a hospital based, primarily employed medical group, faculty practice plan or physician organization.

Software: EPIC

Salary: $214,000 to $342,000 plus a 20% bonus based on KPI metrics for the group.

 

 

 

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