Full-time Assistant Chief Financial Officer- DMC Midtown Campus, Tenet Healthcare Corporation

COMPANY BACKGROUND:

Tenet Healthcare Corporation (NYSE: THC) is a diversified healthcare services

company headquartered in Dallas. Our care delivery network includes United

Surgical Partners International, the largest ambulatory platform in the country,

which operates ambulatory surgery centers and surgical hospitals. We also

operate a national portfolio of acute care and specialty hospitals, other

outpatient facilities, a network of leading employed physicians and a global

business center in Manila, Philippines. Our Conifer Health Solutions subsidiary

provides revenue cycle management and value-based care services to hospitals,

health systems, physician practices, employers, and other clients. Across the

Tenet enterprise, we are united by our mission to deliver quality, compassionate

02care in the communities we serve. www.tenethealth.com

[http://www.tenethealth.com]

MARKET SUMMARY:

03MICHIGAN GROUP - Detroit Market

• The Detroit Medical Center is one the largest academic medical centers in the
• United States, with a long and rich history of medical education, providing

training in medical education for more than 100 years. As the nation shifted to

more rigorous oversight of physician training, the DMC continued to be a leader

in accredited programs in medical education beginning with the Ophthalmology

Residency Program’s accreditation in 1951, Pathology in 1953, Internal Medicine

in 1956, Neurology in 1958 and Neurological Surgery in 1960. The DMC now trains

the majority of practicing physicians in the State of Michigan including 70

percent of the state’s trauma surgeons and 60 percent of its emergency

physicians.

The DMC currently sponsors more than 100 residency and fellowship programs,

training over 1000 physicians each year. Detroit Medical Center Graduate Medical

Education Accredited Training Programs include 67 Accreditation Council for

Graduate Medical Education accredited residencies and fellowships; 4 accredited

by the American Osteopathic Association; 5 fellowships accredited by the

American Board of Obstetrics and Gynecology; and 6 residency programs accredited

by Other Boards.

The DMC maintains Academic affiliations with Michigan State University’s College

of Osteopathic Medicine and Wayne State University’s School of Medicine. The

faculty provides the majority of medical student, resident and fellow training

at DMC hospitals.

The Detroit Medical Center graduates outstanding physicians with advanced

training in many specialties including Emergency Medicine, Surgery, Cardiology,

Neurosurgery, Obstetrics and Gynecology, Neurology, Internal Medicine,

Pathology, Pediatrics, Radiology and many more.

The ACFO-DMC Midtown Campus will have responsibility for the following

hospitals:

DMC Detroit Receiving Hospital, Michigan’s first Level I Trauma Center (158

beds), has played a pioneer role in the evolution of emergency medicine.

Detroit Receiving hosts one of the busiest and most well-equipped emergency

departments in southeast Michigan.  The oldest and largest verified Level I Burn

Center in the state is at Detroit Receiving, and is one of only 43 in the

country. Detroit Receiving has also recently added a Comprehensive Stroke

certification. The hospital boasts the state’s leading 24/7 hyperbaric oxygen

treatment program, and the nationally recognized Rosa Parks Geriatric Center.

Detroit Receiving offers expertise in emergency medicine, complex trauma,

critical care, orthopedics, neurosciences, nephrology, pulmonology, diabetes,

geriatrics and urology.

DMC Harper-Hutzel Hospital has distinguished itself in surgery and medicine and

is known for its clinical expertise, innovative research and advanced

education.  A specialty referral hospital, Harper-Hutzel has established Centers

of Excellence in neurosciences, bariatric surgery, vascular services,

multidisciplinary cardiovascular services, hypertension, stroke prevention and

heart failure. The hospital brags a Level IV Epilepsy Unit and has recently

gained Gold level certification from ELSO for its ECMO program. Hutzel Women’s

Hospital has a rich history of over 143 years as Michigan’s first and only

hospital for women, and patients benefit from our commitment to research and

education. Recently the Joint Commission has certified Harper-Hutzel as a Level

IV Center for Maternal Levels of Care, the highest designation. Harper-Hutzel is

recognized as a leader in women’s health by physicians and researchers across

04the country. (584 beds total)

• POSITION SUMMARY:
• The Assistant Chief Financial Officer is responsible for safeguarding facility
• assets and ensuring the integrity and accuracy of financial statements in

accordance with GAAP. This role oversees compliance with financial policies, the

effectiveness of internal controls, and overall financial governance.

As a key member of the facility leadership team, the ACFO partners with the CEO

and A-Team to develop and execute strategic and financial plans, while

maintaining strong relationships with internal stakeholders and external

regulatory bodies.

The Assistant Chief Financial Officer collaborates with the Chief Financial

Officer and assumes responsibility for the ongoing effective operation of the

department by exerting a leadership role that supports the hospitals, mission,

vision, goals and objectives while focusing on the patient, physicians,

employees, volunteers and the community as customers.  The Assistant Chief

Financial Officer has ongoing accountability for the continuous assessment,

improvement, coordination and integration into the hospital’s and market’s

financial functions.  He/she is accountable for departments’ direction and

coordination.

05RESPONSIBILITIES

• FUNCTIONAL EXPECTATIONS & REQUIREMENTS:
• The ACFO leads financial strategy, planning, and performance management for the
• facility, including risk identification, mitigation, and communication of

financial risks and opportunities. This role collaborates closely with corporate

functions (e.g., Accounting, Audit, Legal, Treasury, IT) to ensure alignment and

operational effectiveness.

Key responsibilities include (supporting the CFO/Group CFO):

• Financial Performance & Planning
• Analyze daily operating results to ensure that revenues, expenses, and
• labor are within budgeted objectives; advise department heads and
• administration of needed changes and improvements
• Drive productivity and length of stay (LOS) initiatives to optimize
• operational efficiency, resource utilization, and financial performance
• Develop and manage annual budgets, forecasts, and cash flow plans
• (including rolling forecasts)
• Provide accurate, timely financial reporting and analysis
• Controls & Compliance
• Maintain strong internal controls, financial systems, and recordkeeping
• Ensure compliance with regulatory requirements, GAAP, and company policies
• Promote ethical financial practices and audit readiness
• Revenue Cycle & Operations
• Oversee/manage revenue cycle performance, including denials management,
• reimbursement, charge capture, and collections
• Partner with stakeholders to improve financial and operational outcomes
• Capital & Investment Management
• Evaluate capital projects and business opportunities, assessing financial
• impact and ROI
• Manage capital deployment in alignment with financial plans
• Strategic Leadership
• Partner with executive leadership on strategic initiatives, growth
• opportunities, and financial planning
• Analyze new business opportunities, including managed care contracts and
• program expansion
• ORGANIZATIONAL LEADERSHIP - EXPECTATIONS & REQUIREMENTS:
• The ACFO is expected to drive financial and operational excellence through:
• Judgment & Execution: Deliver consistent financial performance, maintain
• strong controls, and adapt to market dynamics
• Strategic Partnership: Act as a trusted advisor to the CFO, contributing to
• growth, cost management, and long-term strategy
• Financial Influence: Translate complex financial concepts into actionable
• insights across all levels of the organization
• Operational Rigor: Set clear financial targets, monitor performance, and
• drive accountability
• Talent Development: Build and develop high-performing finance teams, ensuring
• strong succession pipelines

06QUALIFICATIONS

• CANDIDATE EXPERIENCE, ATTRIBUTES AND EDUCATION REQUIREMENTS:
• Experience:
• 5+ years of progressive financial leadership experience; Healthcare/hospital
• experience is required
• Strong background in financial operations, planning, reimbursement, and
• capital management
• Demonstrated success improving financial performance in complex environments
• Experience with managed care contracting and regulatory compliance
• Skills & Attributes:
• Strong business acumen with the ability to translate complex data into clear
• insights
• Collaborative leadership style with ability to influence across functions
• High integrity, sound judgment, and strong communication skills
• Proven ability to operate effectively in fast-paced, high-pressure
• environments
• Education:
• Bachelor’s degree in Finance or Accounting required (or Business degree with
• Accounting/Finance focus or a CPA)
• MBA, MHA, and/or CPA strongly preferred

07Compensation

• A competitive compensation program will be tailored to the selected

candidate.  Base salary will be supplemented by a performance bonus and

comprehensive, well-rounded benefits program, which includes relocation

assistance.