Financial Director

Lovelace Health System includes six hospitals, 51 health care clinics and seven outpatient therapy clinics, with 619 inpatient beds and employs a team of more than 3,400, including more than 263 health care providers.

Ardent Health Services owns and operates Lovelace Health System. Based in Nashville, Tennessee, Ardent Health Services includes 30 hospitals and more than 200 sites of care.

Lovelace Medical Group (LMG) is a multispecialty provider group, which includes clinics, doctors and advanced practice providers in a broad range of specialties and primary care and provides patients with exceptional healthcare through the support of Lovelace Health System hospitals and technology.

Position Summary

Reporting to the CEO, the Director, Finance is a key strategic and tactical management position responsible for serving market administrative and physician leadership and tasked with direct oversight of finance, capitated managed incentive programs, due diligence, credentialing and revenue cycle management functions for over 300 physicians, physician assistants and nurse practitioners. The Finance Director is responsible for interacting with market, region and corporate finance and operations leadership in developing and maintaining sound financial structures to ensure profitable physician practices.

Responsibilities :

• Provide oversight of market finance and accounting teams to ensure timely and accurate completion of monthly, quarterly, and annual physician financial accounting (accrual-based) reports, month end financial statements, journal entry review, financial statement variance analysis, contractual and bad debt reserve analysis, balance sheet reconciliation, and quarterly forecasts and annual budgets.
• Assist with development and communication of annual manpower plan and budgets.
• Provide finance and operations support for practice acquisitions and de novo practices.
• Provide support to the region on financial and operational management projections, reporting and analysis, budgetary controls, planning, and improvement initiatives.
• Facilitate and coordinate ideas for development of strategies for revenue / expense improvements required to fulfill the goals and objectives of each practice entity.
• Participate in physician onboarding activities related to finance; educate practice management on utilization of MSO chart of accounts, reviewing and understanding practice financials and various operational activities (e.g. daily cash and charge reconciliations and proper controls related to change funds.

Education & Experience :

Knowledge, Skills & Abilities :