Corporate Vice President of Hospital Financial Operations

Overview

Prime Healthcare is an award-winning health system headquartered in Ontario, California. Prime Healthcare operates 54 hospitals and has more than 360 outpatient locations in 15 states providing more than 3.0million patient visits annually. It is one of the nation’s leading health systems with over 60,000 employees and physicians. Twenty-one of the Prime Healthcare hospitals are members of the Prime Healthcare Foundation, a 501(c)(3) not-for-profit public charity. Prime Healthcare is actively seeking new members to join our corporate team!

Responsibilities

Corporate Vice President of Hospital Financial Operations is a senior executive responsible for the strategic oversight, integrity, and financial functions impacting operations of the facilities within the system portfolio. Reporting to the CFO, this leader provides oversight, guidance and intervenes where necessary to ensure facility operational leaders are receiving value-added support ensuring growth and the hospital's long-term financial sustainability.  Key Responsibilities: 

• Financial Management: Analytical review of the hospitals within the portfolio financial performance and identification of strategic risks and opportunities. 
• Budgeting & Forecasting: Oversee the annual operating and capital budget processes, conduct variance analysis, and implement financial forecasting models.
• Strategic Growth: Partner with executive leadership to evaluate strategic initiatives, expansions, and business plans to support high-quality patient care.
• Decision Support: Provide actionable financial data and analytics to clinical department heads to optimize workflows and reduce costs.
• Reimbursement Strategy: Oversee managed care contracting, payer negotiations, and reimbursement optimizations alongside the central billing office. 

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Qualifications

• Education: A Bachelor's degree in Finance, Accounting, or Business Administration is required; an MBA, MHA, or CPA is strongly preferred.
• Experience: Typically requires 10+ years of progressive healthcare finance experience, with a proven track record in hospital financial management and shared services.
• Leadership: Strong background leading cross-functional teams and implementing enterprise standardization and automation.
• Industry Knowledge: Deep understanding of healthcare reimbursement models (e.g., value-based care, fee-for-service), payer regulations, and clinical operations. 

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Pay Transparency

Prime Healthcare Management, Inc. offers competitive compensation and a comprehensive benefits package that provides employees the flexibility to tailor benefits according to their individual needs. Our Total Rewards package includes, but is not limited to, paid time off, a 401K retirement plan, medical, dental, and vision coverage, tuition reimbursement, and many more voluntary benefit options.  Benefits may vary based on employment status, i.e. full-time, part-time, per diem or temporary.  A reasonable compensation estimate for this role, which includes estimated wages, benefits, and other forms of compensation, is $270,000.00 to $325,000.00 on an annualized basis. The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire and will be dependent on a wide range of factors, including but not limited to geographic location, skill set, experience, education, credentials, and licensure. Additionally, employees in this position may be eligible to participate in the Company’s annual discretionary bonus program. Discretionary bonuses, if any, are based on a number of factors, which include but are not limited to individual and Company performance.

Employment Status

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Equal Employment Opportunity

Company is an equal employment opportunity employer. Company prohibits discrimination against any applicant or employee based on race, color, sex, sexual orientation, gender identity, religion, national origin, age (subject to applicable law), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. The Company also prohibits harassment of applicants or employees based on any of these protected categories. Know Your Rights: https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf

Privacy Notice

Privacy Notice for California Applicants: https://www.primehealthcare.com/wp-content/uploads/2024/04/Notice-at-Collection-and-Privacy-Policy-for-California-Job-Applicants.pdf