Regional Chief Financial Officer - Academic and Community Services

It's more than a career, it's a calling.

MO-SSM Health Mission Hill

Worker Type:

Regular

• Named 150 Top Places to Work in Healthcare 2024 - Becker's Healthcare
• Named One of the Diversity Leaders 2024 – Modern Healthcare
• Named One of America's Greatest Workplaces for Diversity 2024 - Newsweek
• Named One of America's Greatest Workplaces for Women 2024 – Newsweek
• Named One of America’s Greatest Workplaces for Job Starters 2024 – Newsweek

SSM Health is a Catholic, not-for-profit health system serving the comprehensive health needs of communities across the Midwest through a robust and fully integrated health care delivery system. The organization’s 40,000 team members and more than 13,900+ providers are committed to providing exceptional health care services and revealing God’s healing presence to everyone they serve.

With care delivery sites in Illinois, Missouri, Oklahoma, and Wisconsin, SSM Health includes 23 hospitals, more than 300 physician offices and other outpatient and virtual care services, 12 post-acute facilities, comprehensive home care and hospice services, a pharmacy benefit company, a health insurance company and an accountable care organization. It is one of the largest employers in every community it serves.

This position is located on-site at our regional headquarters in St. Louis, Missouri and is not remote work eligible.

To request additional information, confidentially submit your interest, or nominate a fellow colleague, please contact:

Angela Jones
Executive Talent Partner

The Regional Chief Financial Officer (CFO) is a key leadership team member for the St. Louis and Southern Illinois Region, a $5B integrated academic health system. This role provides strategic and operational financial leadership across a portfolio that includes two fully academic hospitals, seven community hospitals, over 1,100 employed physicians, outpatient services, and academic and research enterprises, including over 600 resident physicians.

The Regional CFO ensures financial sustainability while advancing the mission of patient care, education, and research in alignment with regional and system-wide goals.

• Develop, implement and align financial strategies supporting both the academic health system and the community ministries.
• Partner with the Regional President and health system leaders to align clinical and academic funding models.
• Evaluate and structure business development opportunities, clinical expansions, and capital projects focusing on long-term impact and viability.

• Lead the financial oversight of all hospitals and medical group operations, ensuring efficient operations, appropriate cost structures, and strong margin performance.
• Drive financial performance improvement through enhanced revenue cycle management, payer contracting strategies, and cost-reduction initiatives.
• Oversee the preparation and management of operating and capital budgets for hospitals, medical group operations, and research operations.
• Provide leadership in the development and the continuous evaluation of short and long-term strategic financial objectives. Develops, implements, and periodically updates a strategic financial plan/long range financial forecast, in collaboration with System finance team.
• Participates in multidisciplinary quality and service improvement teams as appropriate. Participates in meetings, serves on committees, and represents the department and hospital/facility in community outreach efforts as appropriate.

• Ensure accurate financial tracking and compliance for GME (Graduate Medical Education) funding, Medicare DGME/IME reimbursement and academic subsidies.
• In partnership with academic leadership and the University, support the financial management of research grants, clinical trials, and investigator-initiated projects.
• Collaborate with academic finance leaders to develop long-range financial models for medical education and research growth.

• Maintain robust financial controls and ensure compliance with all regulatory,…