Chief Financial Officer | Signature Healthcare

23 Apr 2019 11:20 AM | Anonymous

Position Description: Signature Healthcare is seeking a dynamic contemporary Chief Financial Officer.

Signature Healthcare (SHC) is an independent, non-profit, community-based health system based in Brockton, MA. SHC is dedicated to providing accessible, high quality, high value health care services to the city of Brockton and surrounding towns. SHC includes Brockton Hospital (SHBH), a full service 260-bed community teaching hospital, and Signature Medical Group, a rapidly growing multi-specialty group. SHBH is clinically affiliated with BI Deaconess Medical Center, a prominent Harvard teaching hospital.

SHC has consistently achieved national recognition measured based on a set of clinical quality and patient experience measures. In addition, for the past 5 years, SHC was awarded a straight “A” safety grade for its commitment to reducing errors, infections, and accidents that can harm patients. In 2017, SHC formed an accountable care organization in partnership with Boston Medical Center’s BMC HealthNet Plan. This is one of 17 ACOs in the state of Massachusetts contracted to provide care for the state’s 850,000 MassHealth members. SHC is a safety-net health system providing risk contracting and value based care.

With approximately 2700 employees, SHC is the major employer in its service area and benefits from a highly skilled and dedicated workforce that is committed to the mission and community.

The Position of Chief Financial Officer represents an outstanding opportunity to be a key member of the senior leadership team and impact the financial operations as well as the future of Signature Healthcare. The finance division currently encompasses accounting, budgeting, financial planning and analysis, hospital and medical practice revenue cycle, materials management, information technology, and payor contracting. The Chief Financial Officer has seven highly experienced direct reports, including the Controller, Assistant Vice President for Managed Care Contracting, the Assistant Vice President, Revenue Cycle, the Chief Information Officer, and the Directors of Materials Management and Financial Planning & Analysis. In total, there are approximately 200 employees within the division. The ideal candidate will be a highly strategic, contemporary, and forward-looking financial executive who possesses strong analytical skills as well as a strong healthcare financial management expertise.

Education, Experience, and Knowledge:

  • A bachelor’s degree in an appropriate discipline (accounting/finance) and a master’s degree in business administration, finance, or related field are required; a CPA or FHFMA designation is a plus.
  • Minimum of eight years of progressively responsible financial management experience within a complex healthcare setting. Knowledge of medical group operations and finance, as well as hospital finance, is preferred.
  • Experience within a safety-net health system environment is preferred, as is experience with risk contracting and value based care.
  • Demonstrated competence in building and leading an effective and cohesive financial division.
  • Well-versed in all aspects of healthcare finance, including reimbursement, billing procedures, managed care, payor contracting, and compliance.
  • Significant experience in debt financing and banking relationships.
  • Knowledgeable of the application of information technology for business and financial operations as well as the implementation of healthcare informatics.
  • A strong understanding of and appreciation for all aspects of health system operations and patient care services.
  • Experience and knowledge of Lean principles and management systems is a plus.

The Location: Brockton, MA is located 20 miles south of Boston, 30 miles northeast of Providence, 40 miles west of Cape Cod, and 200 miles northeast of New York City. Brockton is the hub of a densely populated region, which features a diverse array of cities and towns, ranging from urban, to suburban, to rural in nature. Brockton is a culturally rich and diverse city that features historically prominent and beautiful architecture, from private residences to commercial and public buildings, and impressive parks and recreational facilities. The area offers a variety of great restaurants, shopping and nightlife for after-work enjoyment.

If interested in being considered for this exciting opportunity, please submit current resume to:

Claire Connolly
Phillips DiPisa & Associates