Description

H&H Leadership Solutions invites you to explore the outstanding opportunity with Edgerton Hospital and Health Services. With a range of services - from emergency care to diagnostic imaging, rehabilitation and surgery - we serve people of all ages in Edgerton, Milton, Janesville and the surrounding communities. Edgerton Hospital has been the center of the community’s health care since 1920, and we continue to grow and evolve in response to changing medical needs. 

Ranked among the Top 20 critical access hospitals in the U.S. for patient satisfaction in 2024, Edgerton Hospital and Health Services is an independent, not-for-profit healthcare organization located in Edgerton, Wisconsin. Healthcare in Edgerton began in 1920 in a small, two-story home owned by registered nurse Edith Lockwood, whose personal hometown care set a high standard for Edgerton, Milton, and neighbouring communities. Today, Edgerton Hospital and Health Services provides a wide range of services—from emergency services, diagnostic imaging, rehabilitation, and surgery—serving patients of all ages throughout Edgerton, Milton, Janesville, and the surrounding areas. For over 100 years, they have been dedicated to bringing exceptional care to their local communities. 

The CFO promotes an environment and culture that enables the hospital to fulfill its Promise to the community:

The Hospital delivers this optimal care experience by achieving strategic goals focused on employee engagement, quality patient experience, clinical excellence, strong financial performance, and continued growth. Our client is seeking an impactful candidate that will promote a culture of excellence, accountability, financial stability, and superb patient care while enhancing ties to the community.

Requirements

CFO candidates must possess: A comprehensive working knowledge of critical access hospital regulations and operational requirements, financial management practices operations, revenue cycle management, strategic planning, and current strategies for creating sustainability in today’s healthcare market. The organization is looking for a highly qualified and impactful CFO to help the organization excel and grow.

• Knowledge of practices and theories to direct the financial operations of a department and formulate goals and objectives consistent with federal, state, and local guidelines.
• Knowledge of management principles and theories.
• Knowledge of provider billing practices and understanding of healthcare reimbursement methodologies.
• Skill in exercising a high degree of initiative, judgment, discretion, and decision-making to achieve organization objectives.
• Skill in evaluating organization operations as they relate to policies, goals and objectives, cost, and staffing levels.
• High level of emotional intelligence and ability to both listen and communicate effectively across the organization as well as with community members and the public overall. Confident and comfortable engaging with patients, volunteers, physicians, staff members, leadership, and Board members.
• Ability to create an atmosphere that encourages innovation and high performance.
• Ability to motivate subordinates to achieve personal and professional goals through practice of continuous quality improvement.
• Knowledge of financial markets (e.g., primary and secondary markets, monetary and fiscal policy, security analysis).
• Skill in communicating the goals of a work group or business unit to team members so that individual work behavior is aligned with broader strategies.
• Skill in recognizing strategic business opportunities resulting from changes in the economic, technological, political/legal, or social environments.
• Experience and knowledge of high-reliability organization preferred.
• Experience and knowledge of the Studer principles.
• Experience with lean, Six Sigma, or other process improvement philosophies.

The CFO reports directly to the hospital's Chief Executive Officer.

Education:

• Bachelor's degree in Accounting, Finance, or business-related field.
• Master's degree preferred

Experience:

• Minimum three to five years of relevant healthcare financial management experience.
• Recent experience in an acute care environment is required.
• Experience with for-profit, non-profit, and public hospital districts preferred.
• Excellent written, verbal communication and interpersonal skills
• Ability to establish and maintain effective working relationships with hospital staff and community.
• Ability to maintain confidential information concerning personal, financial, or medical matters
• Experience with Federal and state-based healthcare programs to help maximize revenue and financial opportunities including but not limited to ERC, 340b, Grants, HRSA, USDA, etc.