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Hospital Chief Financial Officer Jobs (NOW HIRING)

CarePartners

Chief Financial Officer

Waynesville, NC · On-site

This CFO will be responsible for multiple campuses in North Carolina - 4 Critical Access Hospitals, 1 Community Hospital, and 1 Post Acute Hospital. Benefits HCA Healthcare, offers a total rewards ...

CarePartners

Chief Financial Officer

Asheville, NC · On-site

This CFO will be responsible for multiple campuses in North Carolina - 4 Critical Access Hospitals, 1 Community Hospital, and 1 Post Acute Hospital. Benefits HCA Healthcare, offers a total rewards ...

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Hospital Chief Financial Officer information

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$35.5K

$123.6K

$248K

How much do hospital chief financial officer jobs pay per year?

As of Aug 3, 2026, the average yearly pay for hospital chief financial officer in the United States is $123,586.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,000.00 and $143,500.00 per year, depending on experience, location, and employer.

What Is the Role of a Hospital Chief Financial Officer?

A hospital chief financial officer (CFO) is in charge of a hospital’s financial operations. Duties include managing budgets, establishing policy, financial decision-making, controlling margins and debt, and making decisions about hospital assets and resources. Other responsibilities include the development and implementation of financial strategies to improve the business performance of the hospital. A hospital chief financial officer finds ways to lower the cost of procedures and oversees the planning of hospital strategies measured by financial benchmarks. Qualifications include a bachelor’s master’s degree in healthcare administration, business, accounting, or a related field.

What are some of the common challenges faced by a Hospital Chief Financial Officer (CFO) when balancing financial responsibilities with patient care priorities?

Hospital CFOs often face the challenge of managing budgets and reducing costs while ensuring that patient care quality is not compromised. They must collaborate closely with clinical and administrative leaders to align financial strategies with clinical goals, which can involve navigating complex reimbursement models and regulatory requirements. Balancing investments in new technologies, staff development, and facility upgrades against financial constraints requires strategic decision-making and effective communication across departments. Additionally, adapting to changes in healthcare policy and reimbursement rates adds another layer of complexity to the role.

What are the key skills and qualifications needed to thrive as a Hospital Chief Financial Officer, and why are they important?

To thrive as a Hospital Chief Financial Officer, you need expertise in financial management, healthcare regulations, and strategic planning, typically supported by a CPA, MBA, or MHA degree. Proficiency with healthcare financial software, enterprise resource planning (ERP) systems, and regulatory compliance tools is essential. Strong leadership, analytical thinking, and excellent communication skills make someone stand out in this position. These skills ensure sound financial decision-making, regulatory compliance, and effective collaboration with executive teams to support the hospital’s mission and sustainability.

What is the difference between Hospital Chief Financial Officer vs Hospital Financial Analyst?

AspectHospital Chief Financial OfficerHospital Financial Analyst
Required CredentialsTypically requires a CPA, MBA, or related finance degreeBachelor's or Master's in finance, accounting, or related field
Work EnvironmentExecutive leadership setting, overseeing financial strategyAnalytical role, supporting financial planning and reporting
Employer & Industry UsageUsed in hospital executive teams, healthcare organizationsFound in finance departments within hospitals

The Hospital Chief Financial Officer focuses on strategic financial leadership, budgeting, and compliance at an executive level, while the Hospital Financial Analyst supports financial planning, analysis, and reporting. Both roles require strong financial credentials and are integral to hospital financial health, but they differ in scope and seniority.

What does a Hospital Chief Financial Officer do?

A Hospital Chief Financial Officer (CFO) is responsible for overseeing the financial operations of a healthcare facility. This includes managing budgets, financial planning, reporting, and ensuring the hospital meets its financial goals while complying with healthcare regulations. The CFO works closely with other executive leaders to develop strategies that improve financial performance and support the hospital's mission. Additionally, they may handle investments, audits, and negotiations with insurance companies or vendors.
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What states have the most Hospital Chief Financial Officer jobs? States with the most job openings for Hospital Chief Financial Officer jobs include:
What are popular job titles related to Hospital Chief Financial Officer jobs? For Hospital Chief Financial Officer jobs, the most frequently searched job titles are:
Hospital Chief Financial Officer jobs near you
Infographic showing various Hospital Chief Financial Officer job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 93% Full Time, 5% Part Time, and 1% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $123,586 per year, or $59.4 per hour.

Division Chief Financial Officer

QHCCS, LLC

Brentwood, TN

Full-time

Re-posted 10 days ago

Job description

Division Chief Financial Officer (CFO)
Quorum Health Corporate Office - Brentwood, Tennessee

Position Summary: The Division Chief Financial Officer's primary functions are to assist the COO with meeting or exceeding the yearly profit objectives: monitoring hospital capital expenditures for contract and budget compliance, working closely with the CEO and CFO of each facility during the evaluation of new services, and coordinating efforts towards the hospital managed care development.

Key Responsibilities:

  • Facilitate monthly close at the hospitals, ensuring all close schedules are met and all corporate accounting policy and procedures are followed.
  • Facilitate hospital responses generated by Reimbursement’s review of the monthly contractual packages
  • Prepare for Corporate monthly operation review with the Division President
  • Monitor hospital capital expenditures for contract and budget compliance with assistance from team members.
  • Review and make recommendations to the Division President for non-budgeted capital items and capital items above the hospital CEO approval level.
  • Review CERs and maintain division discretionary funds.
  • Work closely with the hospital’s CEO and CFO during the evaluation of new services, which includes reviewing the need of the proposal and the financial impact of the new service.
  • Make recommendations to the COO on the pursuit of proposed new service lines.
  • Ensure all new services have had the appropriate legal, reimbursement and accounting reviews performed prior to approval.
  • Coordinate/review deal points and contracts and make appropriate recommendations to the COO.
  • Coordinate Division efforts in managed care development in conjunction with VP-Business Development/Managed Care
  • Review all managed care contracts submitted by the hospital and the related recommendations form the VP-Bus. Dev. And make appropriate recommendations to the Division President.
  • Implement appropriate managed care tracking at each facility.
  • Set the expectations for office managers.
  • Review/monitor progress in AR days, Bad Debt, past results, etc.
  • Work closely with the Director of Business Operations to resolve business office issues – training workflow, collections, etc.
  • Ensure that there are appropriate initiatives at each facility to address hospital specific issues – skill mix, supplies, purchased service costs, medical specialist fees, etc.
  • Work closely with Internal Audit to ensure the financial integrity of the hospital’s financial statements.
  • Assist in implementation of Internal Audit recommendations and ensure hospital compliance with SOX guidelines.
  • Review all budget packages with the CEO, CFO, and CNO of each facility – Projections. Operations Budget and Capital Budget.
  • Prepare Division President for corporate budget reviews.
  • Verify the accuracy of the due diligence model prepared by Acquisitions.
  • Evaluate the major deal points relative to the future financial operations.
  • Verify the adequacy of reserves included in the contract.
  • Coordinate all transition issues after the sale is completed – Accounting, IS, Staffing, etc.
  • Work with executive recruiting and other members of Division to interview and select CFOs and ACFOs for the hospitals.
  • Work with compensation function and company CFO to determine hospital CFO and ACFO compensation.
  • Develop the hospital CFOs by ensuring that there is adequate training and awareness of corporate policy and procedures, changes in accounting procedures, etc.
  • Other duties may be assigned

Required Qualifications:

  • Reasoning Ability - Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
  • CPA License preferred

Education/Experience:

  • Bachelor's degree in accounting or related field is required
  • Master's degree preferred
  • 8 + years of accounting and audit experience
  • Acute care hospital CFO level experience highly preferred
  • Public accounting experience preferred