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Medical Cfo Jobs in Texas (NOW HIRING)

Chief Financial Officer Beta is a Title I Schoolwide campus. I understand that part or all of this job could be funded with federal funds. Location: Houston, TX Reports To: Superintendent / CEO ...

Chief Financial Officer Beta is a Title I Schoolwide campus. I understand that part or all of this job could be funded with federal funds. Location: Houston, TX Reports To: Superintendent / CEO ...

Chief Financial Officer Beta is a Title I Schoolwide campus. I understand that part or all of this job could be funded with federal funds. Location: Houston, TX Reports To: Superintendent / CEO ...

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Medical Cfo information

What are the key skills and qualifications needed to thrive as a Medical CFO, and why are they important?

To thrive as a Medical CFO, you need strong expertise in healthcare finance, accounting, and strategic planning, typically supported by a CPA, MBA, or similar advanced degree. Familiarity with financial management systems, healthcare billing software, and regulatory compliance tools is essential. Exceptional leadership, analytical thinking, and effective communication are important soft skills for guiding teams and collaborating with clinical and administrative stakeholders. These skills ensure financial stability, regulatory compliance, and the alignment of organizational goals within the complex healthcare environment.

How does the Medical CFO collaborate with other departments to support organizational financial health?

As a Medical CFO, you will closely collaborate with clinical, administrative, and operational teams to ensure financial strategies align with patient care goals and regulatory requirements. This involves regular meetings with department heads to review budgets, analyze resource allocation, and identify cost-saving opportunities without compromising quality of care. Effective communication and relationship-building skills are essential, as you will often translate financial data into actionable insights for non-financial stakeholders. This cross-functional collaboration not only supports informed decision-making but also fosters a culture of transparency and fiscal responsibility throughout the organization.

What are the main responsibilities of a Medical CFO?

A Medical CFO, or Chief Financial Officer in a healthcare organization, oversees the financial operations of hospitals, clinics, or medical groups. Their responsibilities include budgeting, financial planning, managing revenue cycles, ensuring regulatory compliance, and strategic financial decision-making. They work closely with executive leadership to optimize resource allocation and support the organization's financial health and growth. Additionally, Medical CFOs may lead efforts in cost control, financial reporting, and investments to ensure sustainability in a rapidly changing healthcare environment.

What is the difference between Medical CFO vs Medical Director?

AspectMedical CFOMedical Director
CredentialsMedical degree, financial or healthcare administration certificationsMedical degree, clinical certifications, leadership experience
Work EnvironmentHealthcare organizations, hospitals, clinics with financial oversightHospitals, clinics, healthcare facilities overseeing clinical operations
Primary FocusFinancial strategy, budgeting, revenue managementClinical quality, patient care, medical staff management

The Medical CFO primarily handles financial planning and management within healthcare organizations, focusing on budgets and revenue. In contrast, the Medical Director oversees clinical operations and patient care quality. Both roles require medical credentials, but their core responsibilities differ significantly, with the CFO emphasizing financial leadership and the Director focusing on clinical oversight.

What are popular job titles related to Medical Cfo jobs in Texas? For Medical Cfo jobs in Texas, the most frequently searched job titles are:
What cities in Texas are hiring for Medical Cfo jobs? Cities in Texas with the most Medical Cfo job openings:
Chief Financial Officer - CFO

Chief Financial Officer - CFO

Big Bend Regional Medical Center

Alpine, TX

Full-time

Posted 27 days ago


Job description

Chief Financial Officer - CFO
Big Bend Regional Medical Center - Alpine, Texas

Big Bend Regional Medical Center is your community medical provider, serving the Big Bend region of Texas and its residents with emergency, laboratory, women’s and surgical services. We are your family, friends and neighbors, and we work with and for our community to provide quality healthcare that fits your life and lifestyle.

General Summary:
As a member of the 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.

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 nonvalue 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
  • Excellent verbal and listening skills
  • 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:

  • Bachelor's degree in accounting or finance from an accredited institution - Master's degree preferred
  • Previous CFO level or equivalent experience within an acute care environment required
  • 5+ years financial/accounting progressive managerial experience in acute-care environment required
  • Critical access hospital experience preferred
  • Previous experience with a proprietary healthcare system highly preferred
  • Must be proficient in written and verbal communication skills
  • CPA preferred

Benefits:

  • Competitive salary and benefits package.
  • Opportunities for professional development and advancement.
  • Supportive work environment with a collaborative team.
  • Comprehensive healthcare coverage.
  • Retirement savings plan.
  • Paid time off and flexible scheduling options.
  • Student loan repayment program.