Chief Financial and Operations Officer (CFOO) - RiverPeak Health, Riverton, WY
Billings Clinic
Riverton, WY (In Person)
Full-Time
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Job Description
Magnet:
Commitment to Nursing Excellence Billings Clinic is proud to be recognized for nursing excellence as a Magnet®-designatedanization, joining only 97 otheranizations worldwide that have achieved this honor four times. The re-designation process happens every four years. to learn more! Chief Financial and Operations Officer (CFOO) - RiverPeak Health, Riverton, WY General Administration Division (RIVERPEAK HEALTH) req11703Shift:
Day, Evenings, Nights, WeekendsEmployment Status:
Full-Time (.75 or greater) Hours perPay Period:
1.00 = 80 hours every two weeks (Exempt)THIS IS A COURTESY POSTING ONLY
Please do notplete the employment application on this site/ belowApplication Link:
RiverPeak Employment Chief Financial and Operations Officer (CFOO) Riverton, WY We're looking for a CEOO toe join our team! The Chief Financial & Operations Officer (CFOO) serves as a key member of the executive leadership team and is responsible for aligning RiverPeak Health's financial strategy with operational execution. This role is uniquely positioned to help build theanization from the ground up, establishing financial systems, operational infrastructure, and leadership frameworks necessary to successfully launch and sustain a high-performing rural health system. The CFOO provides executive oversight of finance, revenue cycle, and assigned operational departments, ensuring strong financial stewardship, operational efficiency, regulatorypliance, and high-quality patient care delivery.ESSENTIAL FUNCTIONS
1. Executive Leadership & Strategy- Serve as a strategic partner to the CEO, Board, and leadership team
- Participate inanizational strategic planning, business development, and growth initiatives
- Translate strategic priorities into financial and operational plans
- Support Boardmittees and provide regular financial and operational reporting 2. Financial Leadership Lead all financial functions, including:
- Budgeting and forecasting
- Financial reporting and analysis
- Capital planning
- Cash flow and treasury management
- Develop and execute financial strategies aligned with a Prospective Payment System (PPS) reimbursement environment, including optimization of case mix index, service line performance, and payer mix
- Establish financial systems, policies, and internal controls
- Ensurepliance with GAAP, regulatory requirements, and grant/funding obligations
- Oversee cost reporting, audits, and reimbursement optimization 3. Revenue Cycle & Financial Performance
- Lead financial modeling and decision-making in a fixed-reimbursement environment, ensuring sustainable margins and long-term financial viability
- Oversee revenue cycle operations, including billing, coding, collections, and payer relationships
- Monitor key financial and operational performance indicators
- Drive initiatives to improve margin, productivity, and cost efficiency
- Support payer contracting and reimbursement strategy 4. Operational Oversight
- Provide executive oversight of assigned operational departments
- Ensure alignment between clinical operations and financial performance
- Lead operational readiness efforts for facility opening (staffing, workflows, systems)
- Partner with clinical and administrative leaders to optimize service delivery 5. Organizational Build & Start-Up Execution Lead development of:
- Financial infrastructure (systems, processes, reporting)
- Operational policies and procedures
- Staffing models and productivity benchmarks
- Support vendor selection, contracting, and implementation (e.g., EHR, outsourced services)
- Participate in construction planning, capital equipment decisions, and go-live readiness 6. Team Leadership & Culture
- Recruit, develop, and lead high-performing teams
- Establish clear performance expectations and accountability structures
- Foster a culture of collaboration, transparency, and continuous improvement
- Partner with HR leadership on workforce planning and engagement 7. Community & External Relationships Build relationships with:
- Financial institutions and lenders
- Auditors and regulatory agencies
- Community stakeholders and partners
- Represent RiverPeak Health in financial and operational matters
MINIMUIM QUALIFICATIONS
Required- Bachelor's degree in Finance, Accounting, Business/Healthcare Administration, or related field
- 5-10+ years of progressive leadership experience in healthcare finance and/or operations
- Demonstrated experience in financial management, budgeting, and operational leadership
- Experience in Prospective Payment System (PPS) hospital or health system Preferred
- Master's degree (MBA, MHA, Accountancy) and/or CPA Experience in:
- Payer contracting and negotiation strategies
- Service line profitability and margin management
- Experience in rural healthcare settings preferred
- Prior experience in start-up, growth, oranizational build environments highly desirable
Job Type:
Full-Time Here:
RiverPeak Employment Billings Clinic is Montana's largest health system serving Montana, Wyoming and the western Dakotas. A not-for-profitanization led by a physician CEO, the health system is governed by a board ofmunity members, nurses and physicians. Billings Clinic includes an integrated multi-specialty group practice, tertiary care hospital and trauma center, based in Billings, Montana. /aboutus Billings Clinic ismitted to the principles of Equal Employment Opportunity. All policies and processes are designed toward achieving fair and equitable treatment of all employees and job applicants. Employees are encouraged to discuss any concerns they have in this regard with their immediate supervisor and/or the Vice President People Resources. All employees and job applicants will be provided the same treatment in all aspects of the employment relationship, regardless of race, color, creed, religion, national origin, gender, gender identity, sexual orientation, age, marital status, genetic information or disability. Billings Clinic Human Resources, PO Box 37000, Billings, MT 59107-7000Street Address:
Billings Clinic, 801 North 29th St., Billings, MT 59101E-mail:
careersbillingsclinic Human Resources is located on the corner of North 29th and 8th Avenue North. Enter through the main entrance to the building and go to the lower level. Human Resources is located at the bottom of the main entrance staircase to the right.Similar remote jobs
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