Chief Financial Officer (CFO)

Bastrop, Louisiana
Morehouse General Hospital

Competitive Salary and Benefits Package!!

Morehouse General Hospital (MGH) is seeking a seasoned, strategic, and highly collaborative Chief Financial Officer (CFO) to join our executive leadership team. This role offers a unique opportunity to lead the financial operations of a mission-driven community hospital while partnering closely with hospital leadership, the Board of Directors, and medical staff to strengthen financial performance, operational efficiency, and long-term sustainability.

About Morehouse General Hospital

Founded in 1930, Morehouse General Hospital is a 49-bed community hospital dedicated to delivering high-quality, compassionate care to residents of Northeast Louisiana and Southeast Arkansas. MGH offers a broad range of inpatient and outpatient services and is deeply committed to serving its community through strong clinical programs, advanced technology, and personalized care

Position Overview

The Chief Financial Officer is responsible for the overall financial strategy and fiscal stewardship of Morehouse General Hospital. The CFO provides leadership and oversight of all financial operations, including financial planning, budgeting, forecasting, reporting, revenue cycle management, and regulatory compliance.

As a key member of the senior leadership team, the CFO plays a critical role in organizational decision-making and strategic planning. This individual will work closely with the Chief Executive Officer, Board of Directors, clinical leaders, and department directors to ensure financial integrity, transparency, and alignment with the hospital’s mission, vision, and strategic priorities.

Responsibilities:

Financial Strategy & Stewardship

Provide executive leadership for all financial operations of the hospital, ensuring fiscal responsibility, sustainability, and transparency.
Develop and oversee operating, capital, and project budgets; monitor performance against financial benchmarks and targets.
Prepare and present accurate, timely financial and operational reports to executive leadership and the Board of Directors.
Ensure safeguarding of hospital assets and adherence to Generally Accepted Accounting Principles (GAAP).
Oversee treasury functions, cash flow management, financial forecasting, and capital planning.

Revenue Cycle & Contracting

Provide oversight and strategic direction for revenue cycle operations, including patient access, billing, coding, collections, and reimbursement optimization.
Lead or support payer contracting and reimbursement strategy to maximize financial performance.
Provide direct oversight and leadership for physician and provider contracts, including employment agreements, professional services agreements, medical directorships, call coverage agreements, and fair market value (FMV) assessments.
Partner with legal counsel, human resources, and medical staff leadership to ensure physician contracts comply with regulatory requirements (including Stark Law, Anti-Kickback Statute, and other applicable healthcare regulations).

Operational & Performance Leadership

Analyze financial and operational data from internal and external sources to identify trends, risks, and opportunities for improvement.
Identify and implement process improvements to enhance financial efficiency, productivity, and operational effectiveness.
Ensure effective financial controls, productivity measures, reimbursement methodologies, and risk management practices are in place.
Support service line growth, program development, and strategic initiatives through data-driven financial analysis.

Governance, Compliance & External Relations

Ensure compliance with all federal, state, and local laws and regulations, as well as accrediting and licensing agency standards.
Maintain hospital licensure, certifications, and accreditations in good standing.
Serve as a trusted financial advisor to the Board of Directors and senior leadership team.
Establish and maintain strong working relationships with lenders, auditors, regulators, physicians, and community stakeholders.

Leadership, People & Culture

Ensure adequate staffing levels, including employed physicians and contract labor, aligned with operational and financial needs.
Lead and mentor finance and revenue cycle teams, promoting accountability, professional development, and high performance.
Oversee performance management processes, including goal setting, feedback, recognition, and corrective action.
Foster a culture of collaboration, integrity, continuous improvement, and service excellence.

Quality & Community Engagement

Demonstrate an active commitment to quality patient care and continuous quality improvement.
Monitor and report financial and quality performance metrics to support improved patient outcomes and patient satisfaction.
Represent the hospital positively within the community and participate in civic and professional activities as appropriate.

Qualifications

Education

Bachelor’s degree in Finance, Accounting, Business, or related field (required)
CPA preferred
Master’s degree (MBA, MHA, or similar) strongly preferred

Experience

Minimum 5–7 years of progressive hospital finance experience
Prior Hospital Chief Financial Officer experience required
Demonstrated experience in: 340 B
Hospital financial reporting, budgeting, and forecasting
Revenue cycle management and reimbursement optimization
Accounting, accounts payable, payroll, treasury, audit, and tax
Physician and provider contracting, including employment and professional services agreements
Healthcare regulatory compliance and financial controls

Skills & Competencies

Proven executive leadership and strategic planning capabilities
Strong analytical, problem-solving, and decision-making skills
Excellent communication and relationship-building abilities
Ability to work effectively with boards, physicians, and multidisciplinary leadership teams
High integrity, sound judgment, and strong customer-service orientation
Proficiency with Microsoft Excel, Word, and hospital financial systems

Compensation & Benefits

Morehouse General Hospital offers a competitive executive compensation and benefits package, including:

Competitive salary
Incentive compensation opportunity
Comprehensive health and welfare benefits

Equal Opportunity Employer
Morehouse General Hospital is a tobacco- and drug-free workplace and is an equal opportunity employer. We value diversity and do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability.

PHYSICAL REQUIREMENTS:

Prolonged periods of sitting at a desk and working on a computer.
Must be able to lift to 15 pounds at times.

Job Type: Full-time

Benefits:

Dental insurance
Employee discount
Flexible spending account
Health insurance
Health savings account
Life insurance
Paid time off
Retirement plan
Vision insurance

Education:

Bachelor's (Preferred)

Work Location: In person

Morehouse General Hospital

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