Description
Chief Financial Officer
Thibodaux Regional Health System
Thibodaux, LA
The Opportunity:
Thibodaux Regional Health System, an independent, nonprofit hospital with 194 licensed beds and approximately $302 million in net patient revenue located in Thibodaux, Louisiana, is seeking a strategic and trustworthy Chief Financial Officer (CFO) to join their financially strong health system and established, long tenured executive team.
The successful candidate will be able to support a visionary, strategic CEO and find ways to move the organization forward through well prepared and calculated risk taking. Expectations are high and demanding of all executives with Thibodaux Regional Health System which proves to be a cornerstone for the organization’s success.
The Position:
The Chief Financial Officer (CFO) is a key member of the executive leadership team, responsible for directing the financial and business office activities coincidental with defined hospital policies and objectives. The CFO ensures financial sustainability, compliance with healthcare regulations, accurate financial reporting, and strategic financial planning. This role reports directly to the Chief Executive Officer and includes oversight of accounting, budgeting, revenue cycle management, managed care contracting, materials management, and the clinically integrated network.
The Ideal Candidate:
- Bachelor’s degree in Accounting, Finance or Business related field required. Masters degree preferred.
- Minimum 3-5 years of progressive healthcare financial leadership experience.
- Previous experience as a Chief Financial Officer in a for-profit or not-for-profit hospital system preferred.
- 3-5 years experience as a hospital controller or assistant controller preferred.
- Experience with rural hospital models highly preferred.
- Strong knowledge of healthcare finance regulations including Medicare/Medicaid reimbursement and cost reporting.
- Must possess good interpersonal, communication, and organizational skills.
- Strong analytical and problem-solving skills.
- Proficiency with healthcare financial systems and Microsoft Excel.
- Ability to work collaboratively across departments and with external stakeholders.
The Organization:
As the region’s trusted and most preferred healthcare provider, Thibodaux Regional Health System has become a nationally recognized health and wellness leader by doing one thing above all others – patient-centered excellence. Through outstanding leadership, vision and innovation, Thibodaux Regional has consistently achieved top performance in providing high-quality, cost-effective healthcare and an excellent patient experience to the Bayou Region. Thibodaux Regional has been nationally recognized for excellence in clinical quality, patient safety, patient experience, and innovation — honors that reflect the dedication of the entire team. Thibodaux Regional is the only hospital in South Louisiana to earn 5 stars for best clinical care.
As a regional healthcare leader, Thibodaux Regional provides a wide range of inpatient and outpatient care including services such as comprehensive cardiovascular care and heart surgery, comprehensive cancer care, neurosurgery, orthopedics and sports medicine, women’s services, obstetrics, inpatient and outpatient physical rehabilitation services, and its state-of-the-art Wellness Center. Almost a decade ago, Thibodaux Regional opened its 242,000-square-foot Wellness Center – the first of its kind in Louisiana. This innovative $100 million state-of-the-art facility combines prevention, education, fitness, rehabilitation and clinical and wellness services to help our communities live healthier, more active lives. The premier Sports Complex further supports community wellness, college athletics, youth programs, and athletic performance.
Thibodaux Regional has grown tremendously to meet the health and wellness needs of the region as evidenced by the recruitment of over 150 physician specialists; a premier cancer program and facilities; leading heart and vascular services; comprehensive orthopaedic and sports medicine services; a nationally-acclaimed Wellness Center and Sports Complex; advanced stroke and neurological care; and many other clinical and associated services.
The Location:
Nestled conveniently between New Orleans and Baton Rouge, Thibodaux, known as the Queen City of Bayou Lafourche, exudes southern charm and embraces the warmth of Cajun hospitality. The city's motto, "Where Yesterday Welcomes Tomorrow," encapsulates its unique blend of rich history and forward-looking spirit.
Thibodaux is a vibrant and historic city in Lafourche Parish situated along the scenic Bayou Lafourche. Known for its rich Cajun heritage, Thibodaux blends small-town charm with a lively cultural scene, featuring historic architecture, local cuisine, and year-round festivals. The city is home to Nicholls State University, which brings energy and educational opportunities to the community. With its walkable downtown, historic landmarks, and strong ties to bayou traditions, Thibodaux serves as a welcoming hub for visitors exploring Louisiana’s Cajun Bayou and the unique culture of south Louisiana.
More to explore about the area:
https://www.thibodauxchamber.com/area-attractions
https://www.lacajunbayou.com/about/towns-in-lafourche-parish/thibodaux
https://www.explorelouisiana.com/articles/10-things-do-lafourche-parish
Please direct all inquiries, applications, and referrals to:
Richard Heishman
About B.E. Smith Leadership Solutions, Executive and Physician Leadership Search
B.E. Smith Leadership Solutions, Executive and Physician Leadership Search, is a retained executive search firm serving the healthcare and life sciences industries. Ranked as one of the top healthcare recruiting firms in the country, B.E. Smith Leadership Solutions, is known for leading healthcare into the future by its growing base of clients across the country, drawing on a national pool of candidates.
