What are the responsibilities and job description for the Interim Chief Financial Officer position at Warbird Healthcare Advisors?
Warbird Healthcare Advisors has an immediate opening for an Interim CFO to join a Performance Improvement project team and lead the implementation of turnaround initiatives for a healthcare system in the Northeast. Warbird’s Performance Improvement practice has a well-documented track record of driving successful outcomes for our clients and getting them back to profitability. As a key member of the team, you will be an experienced change agent responsible for implementing PI initiatives and ensuring monitoring systems are in place for proper measurement over time.
Location : Northeast (onsite)
Estimated Start Date : February 2025
Estimated Duration : 12 months
KEY RESPONSIBILITIES
- Work with the management team to implement identified opportunities to improve financial performance, reduce costs, and improve cash flow.
- Implement critical clinical protocols and cost controls that enhance patient care while reducing expenses.
- Negotiate managed care contracts to optimize financial performance.
- Drive significant strategic revenue growth, through improvements to Revenue Cycle, Charge Capture, labor productivity, strategic pricing, and vendor contract negotiations.
- Engage Board and management regarding turnaround objectives, project structure, financial targets, and deliverables.
- Serve as Co-leader of Project Management team guiding the PI team through work plans designed for improving financial performance.
- Mentor and develop skills across the finance department.
- Translate improvement opportunities and initiatives into budgets and assist in building of an effective team dynamic focused on improving financial performance.
QUALIFICATIONS & EXPERIENCE