South County Health (SCH), located in Wakefield, Rhode Island, just 35 miles south of Providence on the Rhode Island coast, seeks an experienced and dynamic financial executive to serve as the system’s next Senior Vice President and Chief Financial Officer (CFO). The CFO will be joining a progressive, collegial, and high-performing leadership team focused on market growth and efficiency efforts to ensure sustainability as the sole independent health system in the state. South County is looking for a forward-thinking, strategic CFO to help guide the system into its next era as the regional community health system of choice in Central and Southern Rhode Island.
Since 1919, South County Health has been a fixture in Southern Rhode Island. As an independent, not-for-profit provider, the system has grown into a nearly $250 million net revenue operation with its CMS 5-star, 100-bed hospital at its core in Wakefield. SCH also has its own employed provider group featuring 104 providers, servicing locations near the Connecticut border, Newport, and Warwick. Currently, there are 1,500 employees in the system, with a particular focus on delivering the highest quality care possible to all Rhode Islanders. SCH has a cohesive, collaborative, and nimble senior leadership team with a steadfast commitment to the community and is an organization with considerable local support and a strong balance sheet. SCH is a vital player in the regional health care ecosystem as it is not just the only independent health system in Rhode Island, but one of the few independent systems in New England.
Reporting directly to the Chief Executive Officer (CEO) of South County Health, the CFO will be in a strategic and vital position as the organization furthers its positioning and strengthens its operations within the local market and surrounding areas. As an integral member of the Executive Leadership Team, the CFO will provide leadership and financial oversight for all financial operations and be a strategic advisor to the CEO. They will have a full scope of financial responsibility, including having direct line responsibility for accounting, budget, reimbursement, financial reporting, internal audit, managed care contracting, financial planning, revenue cycle, materials management, and care management. The CFO will work closely with the Board and the finance committee. The CFO must be viewed as an approachable and visible member of the senior leadership team and will move the organization forward as the organization strategically carves a sustainable lane in a complex Rhode Island operating environment.
The ideal candidate will bring considerable healthcare finance experience and a contemporary financial mindset. They will be a gifted strategic thinker and a results-oriented problem solver. They will possess character of the highest integrity and have a strong mission-orientation. The CFO will be a proven team leader with a demonstrated track record of assessing and retaining talent to build a strong team, developing credibility with physician and staff relationships, combined with a performance-driven approach to operational and financial stewardship. Successful candidates must demonstrate the ability to motivate and influence others through inspiration, excellence, passion, and data. They should succeed in developing financial systems within a hospital/medical center where information is provided in a timely fashion and revenues and cash flows are optimized. Independent health system experience is a plus.
Interested parties should direct resumes, nominations, and inquiries to Donna Padilla and Tom Quinn through the office of Trey Wilson via email: [email protected] or apply for this position using the buttons below.