Warbird Healthcare Advisors actively seeks experienced consultants to be considered for an Interim Turnaround CFO role with hospital in California. Our ideal candidate will have a strong cost reporting expertise and extensive experience running rural clinics and Critical Access Hospitals preferably in the California market. This individual will serve as a financial partner to the CEO and propose alternative approaches to ensuring organizational solvency.

Location: Hybrid (CA)

KEY RESPONSIBILITIES:

• Develop new and existing business financial modeling.
• Create service line P&L statements based on net revenue and direct expenses for acute/swing bed, LTC, individual outpatient clinics, and home health services.
• Create new service line proformas.

• Evaluating future service line opportunities, ex. OP PT.

• Develop key financial indicator reports with national benchmarks.
• Provide hands-on cash management analysis and services.
• Assess solutions for ensuring continued operations, including financing options and partnerships.

• Mentoring, training of all key leaders including the Finance team.

• Perform ongoing assessment of Clinics, LT care for possible closure.

• Review and develop strategies for maximizing cost reports.

• Develop FYE '26 budget.

• Implement a productivity system for managers to staff according to volume metrics in each department.
• Review all current contracts; develop strategies for renegotiating and/or terminating contracts.
• Assess the expense structure and provide recommendations based on industry benchmarks.
• Manage the RFP process for selecting an outsourced company to maximize collections.
• Review; develop charge master strategy.
• Review managed care contracts; create MC strategy to maximize revenue.
  

QUALIFICATIONS & EXPERIENCE:

• Bachelor’s degree in Accounting or business-related field.
• CPA or Master’s degree a plus.
• Minimum 8 years successful CFO experience in a healthcare setting.
• Experience in turn-around and Performance Improvement operational and advisory services.
• Proven financial analysis skills.
• Demonstrated leadership ability.
• Strong understanding of key profitability drivers: revenue, expenses, overhead, and debt burden.
• Have a sense of urgency to identify and solve problems, implement solutions, and sustain the gains.
• CPSI experience preferred