Located in the heart of Washington, D.C., Howard University Hospital (HUH) is situated on the campus of Howard University, a historically Black university that has a long tradition of academic excellence and community engagement. As a teaching hospital, Howard University Hospital plays a critical role in the education and training of the next generation of healthcare professionals. Together, HUH and the Howard University Health Science Colleges are responsible for training more than 20 percent of this nation's African American health professionals.
Howard University Hospital is licensed for 340 beds and is currently staffed at 150 beds and offers several primary and specialty care centers including a Cancer Center, a Sickle Cell Center, a Diabetes Treatment Center, the Perinatal Diagnostic and Ultrasound Center and neonatal care units. On an annual basis, approximately 12,000 patients are admitted, with more than 100,000 out-patient visits being made to HUH. A new 225-bed Howard University Hospital building is scheduled to open in 2028. With a $650M investment, the new hospital will feature:
- Level I Trauma Center
- Academic Teaching Hospital
- 600,000 square feet
- Five Centers of Excellence
Role Summary
The CFO reports to the President and Chief Executive Officer of HUH and will serve as a member of the senior leadership team. The Chief Financial Officer will also interface extensively with the Howard University Hospital Board of Trustees.
The CFO will work closely with the Howard University Hospital executive and senior leadership team and directly with the CEO on matters related to finance providing expert counsel regarding the financial performance of the company and strategies for its growth and development. This leader oversees the areas of financial management, reimbursement, decision support, budget/capital planning, treasury, accounting, revenue cycle, patient financial services, managed care contracting, and supply chain management.
Qualifications Include:
- Minimum of 10 years of financial executive experience required, with five years’ experience as a CFO or Vice President in a similarly sized operation such as an integrated enterprise network; multi-hospital system; or large complex hospital (academic or community-based teaching center).
- Strong technical and accounting skills are required. Possess a deep understanding of all aspects of financial operations including financial management, cash flow, reimbursement, ROI, cost/benefit analysis, decision support, financial modeling, capital planning, treasury, revenue management, managed care, and supply chain/materials management.
- Strategic and financial planning skills and orientation to formulate the strategic financial direction for the system in conjunction with the senior leadership team by asking the right questions, developing financial models and pro-formas, structuring, evaluating and negotiating appropriate arrangements.
- Effective leader who can exercise influence without using the dynamics of control and has proven success in building collaboration among financial leaders within the system.
- Effective communicator that is engaged in advocacy initiatives with a variety of constituency interests (e.g. legislators, regulators, media).
How to apply:
DSG Global has been retained by Howard University Hospital Corporation to conduct this search. Applications, nominations, and inquiries are invited. The review of applicants will begin immediately. For best consideration, please submit materials, which should consist of a resume and letter of interest (not to exceed two pages), via our Talent Profile by clicking here. All inquiries and communications will be handled confidentially. Nominations and questions can be sent to [email protected].
Compensation:
Salary is competitive and commensurate with experience. The anticipated salary range for this role is $450,000-$600,000 with a generous benefits package.