Financial Leadership:Develop and implement financial strategies in alignment with the organization's goals and objectives. Lead the finance team in budgeting, forecasting, and financial analysis. Provide timely and accurate financial reporting to internal senior leadership, the Executive Leadership Team, and external stakeholders. Contract Negotiations:Lead negotiations with payor organizations, providers, and vendors to ensure favorable terms and mutually beneficial agreements. Collaborate with... more details
Resp & Qualifications
Company Overview:
CloseKnit is a leading national digital health organization dedicated to providing innovative and high-quality healthcare solutions. As CareFirsts virtual forward Primary, Behavioral, and Urgent care health platform, CloseKnit focuses on leveraging technology to enhance patient care. CloseKnit strives to transform healthcare by delivering an authentic, patient centered experience to help people live healthier lives.
Position Overview:
We are seeking a dynamic and experienced professional to join our team as the Head of Finance. This role is pivotal in driving financial strategies, ensuring fiscal responsibility, and contributing to the overall success of the Care Delivery organization. The successful candidate will lead the financial operations and health of the organization, provide strategic partnership on the senior leadership team, play a key role in payor and provider contract negotiations, provide pricing strategy for each service offering, and own the revenue cycle management function.
Responsibilities:
- Financial Leadership:
- Develop and implement financial strategies in alignment with the organization's goals and objectives.
- Lead the finance team in budgeting, forecasting, and financial analysis.
- Provide timely and accurate financial reporting to internal senior leadership, the Executive Leadership Team, and external stakeholders.
- Contract Negotiations:
- Lead negotiations with payor organizations, providers, and vendors to ensure favorable terms and mutually beneficial agreements.
- Collaborate with legal and operational teams to review, draft, and finalize contracts.
- Support the Care Delivery organization on evaluation and performance of potential expansion, merger and acquisition growth opportunities.
- Pricing Services:
- Develop pricing models for healthcare services in collaboration with cross-functional teams.
- Analyze market trends, competitor pricing, and reimbursement rates to optimize pricing strategies.
- Revenue Cycle Management:
- Oversee and optimize the revenue cycle process, ensuring timely and accurate billing, coding, and collections.
- Implement best practices for revenue cycle efficiency and compliance.
- Team Leadership:
- Lead and develop a high-performing finance and billing team.
- Foster a collaborative and positive work environment, promoting professional growth and development.
- Senior Leadership Team:
- Actively contribute as a member of the senior leadership team, providing financial insights and recommendations to guide strategic decision-making.
- Collaborate with other department heads to achieve organizational objectives.
Qualifications:
Education Level: Bachelor's Degree in Accounting, Finance, Business or related field OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.
Experience:
- 11 years progressive in finance, with a proven track record of success in senior leadership roles within the healthcare industry.
- 3 years management experience.
Preferred Qualifications:
Master's degree in Finance, Accounting, or related field (MBA or CPA).
Knowledge, Skills & Abilities:
- Strong understanding of healthcare finance, reimbursement models, and regulatory requirements.
- Demonstrated success in contract negotiations and pricing strategies.
- Excellent leadership and team management skills.
- Strategic thinker with the ability to translate financial concepts into actionable plans.
Salary Range: $152,720 - $283,487
Salary Range Disclaimer
The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilites of the position, the candidate's work experience, education/training, internal peer equity, and market and business consideration. It is not typical for an individual to be hired at the top of the range, as compensation decisions depend on each case's facts and circumstances, including but not limited to experience, internal equity, and location. In addition to your compensation, CareFirst offers a comprehensive benefits package, various incentive programs/plans, and 401k contribution programs/plans (all benefits/incentives are subject to eligibility requirements).
Department
CloseKnit
Equal Employment Opportunity
CareFirst BlueCross BlueShield is an Equal Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.
Where To Apply
Please visit our website to apply: www.carefirst.com/careers
Federal Disc/Physical Demand
Note: The incumbent is required to immediately disclose any debarment, exclusion, or other event that makes him/her ineligible to perform work directly or indirectly on Federal health care programs.
PHYSICAL DEMANDS:
The associate is primarily seated while performing the duties of the position. Occasional walking or standing is required. The hands are regularly used to write, type, key and handle or feel small controls and objects. The associate must frequently talk and hear. Weights up to 25 pounds are occasionally lifted.
Sponsorship in US
Must be eligible to work in the U.S. without Sponsorship
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