Chief Financial Officer

Company: Samaritan Healthcare
Location: Moses Lake
Posted on: May 3, 2025

Job Description:

Job Category: Administrative ProfessionalsRequisition Number: CHIEF003937Apply now

• Posted: March 26, 2025
• Full-Time
• On-site
• Salary Range: $196,495.64 USD to $259,374.25 USDLocationsShowing 1 locationSamaritan Hospital801 E Wheeler RdMoses Lake, WA 98837, USATogether, serving as the trusted regional healthcare partner.Our ValuesAt Samaritan Healthcare, we are dedicated to providing healthcare services to the community that we serve.Reporting directly to the Chief Administrative Officer, the CFO will be directly responsible for the financial operations and success of the health system. The CFO has oversight of areas such as accounting, information technology, materials management, revenue cycle, patient access, health information management, patient financial services, reimbursement, and payor contracting. As a key member of the senior leadership team, the CFO will frequently advise and report to senior leadership and the Board of Commissioners regarding financial performance and metrics. This executive will play a key role in developing the health system's short- and long-term strategic goals and priorities. Key priorities for the CFO will include maximizing opportunities to grow revenue, identifying and implementing cost savings opportunities to ensure long-term financial stability, optimizing revenue cycle operations, reviewing managed care agreements, and active participation in organizational strategic planning and decision-making processes.This position requires excellent leadership skills with a philosophy of creating a high-trust culture that empowers employees as individual contributors and fosters a strong team environment. Initiative, creativity, and outstanding written and verbal communications are required along with demonstrated ability to find creative solutions to complex problems.AREAS OF RESPONSIBILITY:ESSENTIAL FUNCTIONS/CORE COMPETENCIES/LEADERSHIP PILLARS (not limited to):
  • Relational Leadership: Make positive effective relationships a priority
    • Develops and fosters relationships through respect, open communication, trust, and partnership.
    • Strategic: Champions the vision and strategies of Samaritan
      • Active involvement in the planning process
      • Building partnerships
      • Business Planning
      • Consistency and accountability
      • Operations: Effectively oversees and directs day-to-day operations
        • Efficiency
        • Staffing and work assignments
        • Project and Process Management
        • Human Resources: Inspires employees and creates a work environment of open communication, respect, teamwork, and accountability
          • Develops and fosters an employer of choice culture
          • Attracts, develops, and retains talent
          • Employee Relations
          • Relationships, connection, and employee engagement
          • Finance: Responsible for Samaritan's overall financial health by consistently and proactively managing productivity and cost containment for the department
            • Demonstrated through - Budgeting (annual and ongoing), optimization, and utilizing benchmarking (Samaritan and industry)
            • Responsible for reporting audit goals, resource management and fiscal stewardship, maximization of productivity and cost containment, revenue generating opportunities, and monthly operational review
            • Performance Improvement, Safety, and Service: Inspires and assures an environment that engages staff in performance improvement, patient safety, and service to others
              • Regulatory compliance (DNV, DOH, Stark)
              • Data analysis and development of appropriate initiatives
              • Leading Change - by adherence to standardized improvement method(s) (e.g., PDSA, Lean/A3, etc.) and/or Project Management System, surveying & improving the employee and patient experience, departments "grabbing the baton" for organization-wide improvement efforts and projects, and by leveraging stakeholder engagement/employee-driven team structures
              • Technical / Professional Knowledge: Achieve and maintain a level of knowledge/competence in areas of responsibility to effectively and safely perform all of their duties and responsibilities; keeping abreast of current trends and developmentsESSENTIAL EDUCATION AND EXPERIENCE:Education:
                • Master's degree in business, healthcare, or related field is requiredLicense:
                  • Certified Public Accountant or equivalent preferredExperience:
                    • Fifteen (15) years of total experience with healthcare background preferred. Ten (10) years of Management and/or Director level experience with healthcare background preferredSkills and Competencies:
                      • Identifiable management experience to include planning, financial accountability, employee relations, and quality improvement activities
                      • Experience supervising and directing multiple departments
                      • Knowledge of healthcare systems to include acute care, outpatient care, clinics, long-term care, home health, and other systems is preferred
                      • Must possess logical thinking skills and be able to anticipate and implement changes in computer software/programs while evaluating potential impact on the current system
                      • Visible and engaged leader. Ability to develop outstanding relationships with physicians, superiors, peers, and staff
                      • Ability to achieve superior financial performance in the current period and in the future through establishing strong collaborative linkages with operations
                      • Alternative payment methodologies - working knowledge of alternative payment methodologies and payer relations strategies
                      • Decision support - demonstrated ability to identify, organize and analyze data and to set-up structures to address the decision support requirements of the organization
                      • Proven communicator and problem solver
                      • Critical thinking skills
                      • Consistently applying and grounding data analytics to decision making. Ability to foster a culture of accountability. Personal accountability and the ability to foster accountability throughout the organizationPHYSICAL REQUIREMENTS:
                        • Ability to stand, walk, sit, stoop, kneel, and climb stairs to varying degrees throughout the day
                        • Occasionally lift up to 25 pounds
                        • Good reading eyesight; full vision acuity, depth perception, and color perception
                        • Ability to communicate using verbal and/or written skills for accurate exchange of information with physicians, nurses, health care professionals, patients and/or family, and the publicAs a Samaritan Healthcare employee, you will be asked to carry out the Mission, Vision, Values, and Strategy of Samaritan Healthcare, personifying service and operational excellence, including creating and maintaining the best patient, employee, physician, and student experience.
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Keywords: Samaritan Healthcare, Kennewick , Chief Financial Officer, Executive , Moses Lake, Washington