Morgan Consulting Resources has been retained by Chinese Community Health Plan (CCHP), based in San Francisco, CA, to fill the Chief Financial Officer position.

 

About the Company:

Chinese Community Health Plan is a health plan (or HMO) delivering culturally sensitive, bilingual managed care to the San Francisco community since 1986.  In addition to offering plans for employers and individuals, CCHP is contracted with Medicare to offer Medicare Advantage plans.  CCHP currently contracts with one medical group, Chinese Community Health Care Association (CCHCA).  Each CCHP member selects a primary care physician (PCP) from the CCHCA panel.  The primary care physician coordinates all care provided to the CCHP member including referrals to specialists and arrangements for medically necessary hospitalizations.  Chinese Hospital, which owns CCHP, exists primarily to deliver quality health care in a cost-effective way, is responsive to the community's ethnic and cultural uniqueness and is accessible to all socioeconomic levels.  The hospital is a 54-bed, acute care, community-owned, non-profit hospital.  Chinese Hospital is finalizing plans to begin construction on a brand new hospital.  For more information, please visit http://www.cchphmo.com.

 

About the Position:

CCHP is looking for an experienced CFO with a broad background and knowledge in an HMO serving commercial and Medicare Advantage members.  The candidate will have the background and knowledge to develop the budget, establish financial reporting systems and lead the finance department in a collaborative manner.  We seek someone who has excellent communication skills, is a self-starter and can work independently.  The health plan needs a CFO who is strategic and knows operational finance and understands capitated revenue and actuarial skills that are applied.  Experience using a financial IT system is imperative.

Reporting to the CEO, Bredna Yee, the CFO will be a key member of the organization and work closely with the CFO at Chinese Hospital.  The CFO will administer the accounting function to ensure compliance with the generally accepted principals (GAAP) and ensure that financial information is accurate and timely. 

RESPONSIBILITIES:

• Responsible for financial viability of the plan by establishing and monitoring financial plans and budgets
• Provide appropriate and effective communication with the Finance Committee and Board of Trustees.
• Coordinate accounting, financial and statistical reporting, provider contracting, billing, collection and third party administration activities within the Plan and the TPA services, which includes the Claims Department.
• Conduct short-term operational and long-term strategic financial planning.
• Develop a finance strategy to support planned membership growth and expansion to new markets.

The position description is below. 

If you or anyone you know is interested in exploring this opportunity, please contact me by email or phone.

Bev Meade, Principal

bev@morganconsulting.com

702-968-8050

 

 

POSITION DESCRIPTION

 

POSITION:                                Chief Financial Officer

JOB STATUS:                           Exempt

DEPARTMENT:                       Administration

RESPONSIBLE TO:                Chief Executive Officer

 

SUMMARY

The Chinese Community Health Plan (CCHP) CFO will be responsible for the financial viability of the plan by establishing and monitoring financial plans and budgets.  Protects and preserves the assets of the Health Plan, provides financial guidance, counseling, and control of the Plan operations.  Provides appropriate and effective communications with the Finance Committee and the Board of Trustees.  Coordinates all accounting, financial and statistical reporting, provider contracting, billing, collecting and third party reimbursement activities within the Plan and TPA services.  Has responsibility for a variety of functions, which include Claims Department.

 

PRINCIPAL FUNCTIONS

1. Plan, organize and coordinate financial policies for the Plan to control receipt of revenue, expenditure of funds and conservation of assets.
2. Assist in performing all tasks necessary to achieve the organization's mission and help execute staff succession and growth plans.
3. Train the finance department and other staff on raising awareness and knowledge of financial management matters of CCHP; Mentor and develop a finance team, managing work allocation, training, problem resolution, performance evaluation, and the building of an effective team dynamic.
4. Administer the billing and collection function to ensure that billing procedures are followed and those collections are made within the shortest possible time span.
5. Administer the Accounting function to ensure compliance with generally accepted principles and to ensure that financial information is accurate and timely.
6. Conduct short-term operational and long-term strategic financial planning.
7. Conduct and coordinate the development of the financial statements, budgets, forecasts, cash flow projections and other internal management reports.
8. Cash management and short-term investments.
9. Monitor banking activities of the organization.
10. Responsible to maintain an accounting system that facilitates effective performance of the account receivable, account payable and other accounting functions.
11. Negotiate with financial institutions to establish/maintain banking relationships and lines of credit.
12. Provide financial analyses and interpretation to assist the senior management in decision-making.
13. Review all tax returns (federal, state, FICA, worker’s compensation, etc.) 
14. Work with the General Management to control costs, evaluate new projects, develop new projects and systems.
15. Evaluate and recommend changes in the Plan’s overall rate structure and managed care contracts.
16. Participate in discussions and planning with management and the Board of Trustees on equipment purchases, lease arrangements, and construction of additional planned facilities.
17. Integrate fiscal plan of operation (short and long term) into the Plan’s philosophy, goals, and objectives as established in its strategic plan.  Responsible for overseeing the efficiency and effectiveness of all departments under this position’s span of control to ensure compliance with established objectives.
18. Coordinate the development of major financial plans including capital expenditure programs.
19. Direct the development and implementation of new financial systems, policies, and procedures necessary to accommodate the growth of the Plan.
20. Administer the management information function to ensure timely processing.
21. Review, interpret, analyze, and communicate financial reports and data to management and the Board of Trustees on a monthly and as needed basis.
22. Establish a plan of control by means of a formal budget program providing for standards of performance measurement.
23. Responsible for filing annual senior/commercial plan rate and benefit package with the Center for Medicare and Medicaid Services and DMHC.
24. Evaluate the Plan’s objectives and its planed and existing programs as they relate to third party reimbursement and regulatory cost controls and inform management and the Board of Trustees.
25. Attend all regularly scheduled Finance Committee, and Board of Trustees.  Attend other committee meeting as required.
26. May act as the agent designee of the Chief Executive Officer upon her/his request, absence, or incapacity.
27. Deal with members, physicians, employees, and visitors in a friendly and cordial manner, in person or on the telephone, thus promoting a position image for the Plan.
28. Perform other duties as assigned.
29. Complies with CCHP Compliance Handbook including Code of Ethics and al statutes, regulations and guidelines applicable to federal and state programs.  Responsibilities include, following the guidelines and reporting suspected violations of any statute, regulations, agreements or guidelines applicable to all healthcare programs.

 

QUALIFICATIONS

1. Minimum of five-year senior finance position working experience in a HMO environment. Know commercial and Medicare Choice programs.
2. Masters degree in Accounting, Finance or Business.
3. CPA designation preferred.
4. Up to date knowledge of current financial and accounting computer applications.
5. Excellent verbal, analytical, organizational and written skills.