Chief Financial Officer
Allegheny Health Network
Allegheny Health Network is seeking a Chief Financial Officer for its physician organization, Allegheny Clinic. Allegheny Health Network is a transformative organization in the midst of major revitalization where the physician enterprise is the foundation for future financial strength. This is an outstanding opportunity for a dynamic and talented operational finance executive to join the Allegheny Clinic, which will serve as the centerpiece to a system-wide growth and population health strategy.
The Chief Financial Officer of Allegheny Clinic will provide financial and operational leadership and vision for the Allegheny Clinic. S/he will be responsible for the efficient and effective development and operation of the practice management finance functions. The CFO will be responsible for ensuring the financial sustainability of the physician enterprise and will support the strategic vision of the Allegheny Health Network. As a member of the senior management team, s/he will participate in the strategic decision-making processes.
The ideal candidate will be a highly intelligent financial executive who possesses strong analytical and strategic-thinking ability, as well as a strong command of medical group practice financial operations and related financial principles. An advanced degree with a concentration in finance, business, or healthcare finance administration and/or a CPA is required. A minimum of ten years’ of increasingly responsible senior health care, financial operations management experience, ideally as the CFO, in a large, multi-site provider group setting, preferably within an integrated delivery system.
Allegheny Health Network (AHN) is a $2.5 billion integrated delivery healthcare system that includes eight hospitals with 2,300+ beds; six surgery centers; 1,300 employed physicians, 1,700 aligned physicians, 200 primary care and specialty care practices. AHN includes service delivery models in four regions with 200 locations. ANH is a subsidiary of Highmark Health, a national health and wellness enterprise that ranks as the third largest integrated health care delivery and financing system in the United States, with consolidated revenues of $16.8 billion and $30 billion in assets.
Allegheny Clinic is comprised of nearly 1,300 employed physicians with diverse clinical service lines and senior leadership at each hospital. The Clinic employs approximately 4,700 people and over 450 mid-level providers. With over 412 clinic locations, the experienced clinicians of Allegheny Clinic generated more than $500 million in net revenues for FYE 2016.
Pittsburgh, the seat of Allegheny County with a population of 306,211 is the second-largest city in Pennsylvania. Historically known for steel, Pittsburgh's industrial legacy left the region with a plethora of internationally regarded museums, medical centers, parks, research infrastructure, libraries, a vibrantly diverse cultural district, and the most bars per capita in the US. This legacy has earned Pittsburgh the title of America's "most livable city" by Places Rated Almanac, Forbes, and The Economist while inspiring National Geographic and Today to name the city a top world destination. Since 2004, the area has added over 3,000 hotel rooms with higher occupancy than 11 comparable cities.
Today, Apple, Google, and Intel are among 1,600 technology firms generating $10.8 billion in annual Pittsburgh payrolls, with the area serving as the long-time federal agency headquarters for cyber defense, software engineering, robotics, energy research, and the nuclear navy. R&D leaders Carnegie Mellon University and the University of Pittsburgh annually produce multiple startups as the city has earned the top rank as "America's smartest" with a total of 68 area colleges and universities, 38 of them non-profit. The nation's fifth largest bank, nine Fortune 500 companies, and six of the top 300 US law firms make their global headquarters in the Pittsburgh area, while RAND, BNY Mellon, Nova, Bayer, FedEx, GSK and NIOSH have large regional bases that helped Pittsburgh become the sixth-best metro area for US job growth.
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