Job Description

At BayCare, we are proud to be one of the largest employers in the Tampa Bay area. Our network consists of 16 community-based hospitals, a long-term acute care facility, home health services, outpatient centers and thousands of physicians. With the support of more than 30,000 team members, we promote a forward-thinking philosophy that’s built on a foundation of trust, dignity, respect, responsibility and clinical excellence.

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Chief Financial Officer Physician & Ambulatory Officer Division: Summary

The CFO of the Physician & Ambulatory Division serves as the financial steward and strategic business partner for both the Physician and Ambulatory divisions, while also leading the system-wide financial strategy for value-based care. Reporting directly to the System CFO, this executive is responsible for ensuring financial integrity, accuracy, and transparency of reported results in partnership with other Finance leaders, leveraging a shared services model. The CFO must bring deep expertise in physician enterprise management, ambulatory care delivery, and value-based reimbursement models to drive performance improvement and operational excellence.

This role is pivotal in aligning financial strategy with clinical and operational priorities, delivering data-driven insights that inform executive decision-making, support sustainable growth, and enhance enterprise value. As a core member of the financial leadership team, the CFO serves as a trusted advisor across Finance, Operations, and System Leadership, fostering cross-functional collaboration and enabling strategies that advance the organization's mission and long-term financial sustainability.

Strategic Financial Leadership

• Serve as a strategic partner to the Physician Division and Ambulatory Executives and system leadership to develop and execute financial strategies to support development of growth, market position, provider alignment, and value-based transformation.
• Drive performance improvement initiatives to reduce subsidy per provider while maintaining access and quality.
• Lead financial evaluation of expansion opportunities, including practice acquisitions, new sites of care, and service line development.
• Support development of ambulatory-specific financial plans that reflect population health trends, site-of-care shifts, and evolving reimbursement models.
• Evaluate new ambulatory ventures, partnerships, and service expansions, including joint ventures and retail strategies.

Financial Operations and Performance

• Oversee financial reporting, and forecasting for the division, ensuring transparency, accuracy, and alignment with system goals.
• Develop and monitor key metrics across service lines to drive operational excellence.
• Develop robust financial models and dashboards to support leadership in data-informed decision-making.
• Partner with operations to ensure financial accountability and margin performance at the site, service line, and divisional levels.

BayCare Health System – Chief Financial Officer Provider Compensation and Productivity

• Actively participate with key stakeholders to design, model, and administer provider compensation plans that align with strategic goals and ensure regulatory compliance.
• Provide financial oversight of incentive structures that reward quality, access, and value-based care performance.
• Partner with operations to monitor productivity, panel size, and access metrics.

Value-Based Care and Payer Strategy

• Support payer strategy through analysis of reimbursement trends, contract performance, and value-based arrangement opportunities.
• Provide financial insight on risk-based arrangements including shared savings, capitation, and bundled payments.
• Collaborate with population health and care management teams to align cost-of-care initiatives with financial goals.

Cost Management and Ambulatory Operations

• Drive cost containment efforts through benchmarking, practice efficiency analysis, and staffing optimization.
• Work with operational leaders to align resources with patient demand and access expectations.
• Analyze service line profitability and recommend actions to enhance performance, throughput, and access.
• Partner with shared services (e.g., supply chain, IT, real estate) to align resources and manage expenses.

Capital Planning and Investment

• Lead financial analysis and prioritization of ambulatory capital investments, including site development, renovation, and equipment needs.
• Ensure disciplined return-on-investment analysis for new ventures and expansions.

Leadership and Governance

• Lead and mentor a team of finance professionals supporting the physician division.
• Serve as a liaison to internal and external stakeholders, including health system leadership, board committees, and physician governance bodies.
• Promote a culture of accountability, service excellence, and continuous improvement

Minimum Qualifications:

Required Education:

• Masters - Accounting; Or Masters - Finance;
• Preferred - Masters - Business Administration

Required Credentials:

• Certified Public Accountant (CPA)

Required Experience:

• Management Experience: Minimum 15 years and
• Minimum: 10 years experience in healthcare

Key Skills:

• Strong business acumen and understanding of physician enterprise economics.
• Ability to influence and collaborate across clinical and administrative teams.
• Expertise in financial modeling, productivity analysis, and compensation design.
• Strategic mindset with ability to balance mission and margin in a complex care environment.
• Strong command of ambulatory care trends, site-of-service reimbursement, and consumer-centric delivery models.
• Excellent financial acumen with the ability to translate complex data into actionable insights.

Equal Opportunity Employer Veterans/Disabled

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