Chief Financial Officer (CFO)

Lifepoint Health has an opportunity for a Market Chief Financial Officer. The Market CFO will have oversight of the Highpoint Health five locations in Tennessee. 

https://www.highpointhealthsystem.com/sumner

Highpoint Health – Sumner with Ascension Saint Thomas, formerly Sumner Regional Medical Center, has been providing quality health care to Gallatin, Hendersonville and the surrounding areas for 65 years. Since opening in 1959 as Sumner County Memorial Hospital, Highpoint Health – Sumner has grown from a facility with just 50 employees and seven physicians to a comprehensive health care leader in the community with more than 1,000 employees and 300 physicians.

 

POSITION SUMMARY

The Market Chief Financial Officer serves as a key member of the market executive leadership team and is responsible for providing strategic financial leadership, oversight, and accountability across multiple hospital sites within an assigned market. Reporting to the Market Chief Executive Officer, this role partners closely with hospital executives, market leaders, enterprise finance teams, clinical and operational leaders, and other key stakeholders to align financial strategy with market priorities, operational performance, quality outcomes, patient experience, regulatory requirements, and Lifepoint Health’s mission.

The Market CFO provides financial leadership for a multi-site hospital environment, including oversight of accounting, budgeting, forecasting, financial reporting, revenue cycle performance, reimbursement, cost management, capital planning, productivity, internal controls, audit readiness, and financial compliance. This position evaluates financial performance across assigned facilities, identifies market-wide opportunities, and supports disciplined decision-making that strengthens operational efficiency, financial sustainability, resource allocation, and responsible stewardship of market assets.

The Market CFO is expected to be a collaborative, visible, and trusted leader who works effectively across geographically dispersed hospitals and builds strong relationships with facility CEOs, CFOs, controllers, clinical leaders, physician partners, and corporate support teams. This leader promotes a culture of accountability, transparency, financial discipline, performance improvement, compliance, and shared ownership for achieving market and facility goals while enabling high-quality, patient-centered care in a complex healthcare environment.

ESSENTIAL FUNCTIONS

• Provides executive financial leadership and serves as a strategic advisor to the Market Chief Executive Officer, facility CEOs, hospital CFOs, and senior leadership teams regarding market and facility financial performance, growth strategies, operational planning, risk management, and business decisions.

• Leads the development, implementation, monitoring, and evaluation of annual operating budgets, capital budgets, long-range financial plans, forecasts, and financial performance targets across assigned hospitals, ensuring alignment with market and enterprise objectives.

• Oversees market finance operations, including accounting, general ledger, financial reporting, accounts payable processes, payroll-related financial controls, cash management, treasury coordination, audit support, fixed assets, and related functions to ensure accuracy, timeliness, consistency, and integrity of financial information across facilities.

• Monitors, interprets, and communicates market and facility financial performance, including revenue, expenses, margin, cash flow, productivity, labor trends, service line performance, reimbursement trends, payer mix, and key financial indicators.

• Partners with market, facility, clinical, operational, nursing, physician, and department leaders to identify opportunities for revenue enhancement, cost management, productivity improvement, standardization, process efficiency, and sustainable performance improvement across multiple sites.

• Provides financial analysis and recommendations for market strategic initiatives, service line development, physician alignment, contract performance, capital investments, staffing plans, facility needs, integration efforts, and other business opportunities impacting assigned hospitals.

• Supports and collaborates with revenue cycle leadership to monitor billing, collections, denials, accounts receivable, reimbursement, charge capture, patient financial services, and performance improvement initiatives that impact financial results across the market.

• Ensure compliance with applicable accounting standards, internal policies, healthcare regulations, payer requirements, cost reporting expectations, audit requirements, and federal, state, and local financial reporting obligations.

• Establishes, maintains, and strengthens internal controls, financial policies, approval processes, and reporting practices to safeguard assets, support compliance, reduce risk, and promote responsible stewardship.

• Prepares and presents financial information, variance analyses, forecasts, business cases, and performance updates to market leadership, facility leadership teams, enterprise leaders, committees, and other stakeholders as appropriate.

• Leads, develops, coaches, and evaluates market and facility finance leaders and team members; promotes accountability, collaboration, professional growth, customer service, consistency, and continuous improvement within the finance function.

• Performs other duties as assigned to support market and hospital operations, financial stewardship, regulatory compliance, integration activities, and organizational priorities.

QUALIFICATION, EDUCATION, KNOWLEDGE, SKILLS

• Bachelor’s degree in accounting, Finance, Business Administration, Healthcare Administration, or a related field required.

• Master’s degree in business administration, Healthcare Administration, Finance, Accounting, or a related field preferred.

• Certified Public Accountant, Certified Management Accountant, Fellow of the Healthcare Financial Management Association, or other relevant professional certification preferred.

• Minimum of seven years of progressive financial leadership experience required, including experience in healthcare, hospital, health system, or similarly complex operating environments.

• Prior executive or senior finance leadership experience supporting multiple acute care hospitals, a market, region, health system, or integrated delivery network strongly preferred.

• Demonstrated knowledge of multi-site hospital finance, accounting principles, budgeting, forecasting, reimbursement, revenue cycle, cost reporting, payer trends, capital planning, internal controls, audit processes, and market-level financial performance management.

• Strong understanding of healthcare regulatory requirements, compliance expectations, financial reporting standards, reimbursement dynamics, and the clinical and operational drivers that influence financial performance across multiple hospital sites.

• Proven ability to analyze complex financial and operational data across facilities, identify trends and variation, develop actionable recommendations, and communicate insights clearly to market, facility, and enterprise audiences.

• Excellent executive leadership, communication, relationship-building, presentation, problem-solving, change management, and influencing skills, with the ability to lead effectively across geographically dispersed teams and facilities.

• Ability to maintain confidentiality, exercise sound judgment, manage competing priorities, lead through influence, and operate effectively in a fast-paced, highly regulated healthcare environment.

LEADERSHIP CAPABILITIES

• Business Mastery: Grows the business, demonstrates financial intelligence, and connects financial strategy to operational performance.

• Accountability: Operates with a results-oriented mindset, uses data to guide planning and decision-making, follows through on commitments, and drives consistent performance expectations across facilities.

• Managing Relationships: Demonstrates organizational savvy, collaboration, relationship management, conflict management, and interpersonal effectiveness across market, facility, physician, and enterprise stakeholders.

• Leading and Developing People: Communicates vision and purpose, influences others, motivates teams, identifies, develops, and retains talent, and builds finance leadership capability across assigned hospital sites.

• Personal and Professional Self-Management: Demonstrates dependability, adaptability, continuous learning, effective communication, cognitive thinking, and stress tolerance.