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Prime Healthcare Services

Chief Financial Officer

Company : Prime Healthcare Services

Location : Chicago, IL, 60602

Job Type : Full Time

Date Posted : 8 January 2026

Overview

Prime Healthcare is an award-winning health system headquartered in Ontario, California. Prime Healthcare operates 51 hospitals and has more than 300 outpatient locations in 14 states providing more than 2.5 million patient visits annually. It is one of the nation’s leading health systems with nearly 57,000 employees and physicians. Eighteen of the Prime Healthcare hospitals are members of the Prime Healthcare Foundation, a 501(c)(3) not-for-profit public charity. 

Prime Healthcare stands apart from others by its unique ability to save and transform hospitals. We have been named the “fastest-growing hospital system” in the country by Modern Healthcare. And as we continue to grow and fulfill our mission of “saving hospitals, saving jobs and saving lives,” we remain committed to delivering exceptional care, and creating a legacy that will improve healthcare.

Prime Healthcare and the not-for-profit Prime Healthcare Foundation serve more than 600 communities across 14 states with more than 57,000 staff and affiliated physicians in Alabama, California, Georgia, Illinois, Indiana, Kansas, Michigan, Missouri, Nevada, New Jersey, Ohio, Pennsylvania, Rhode Island, and Texas.

If you wish to contribute to the Prime Healthcare legacy within a Chief Financial Officer capacity for a hospital within our family of acute care hospitals (or future hospitals), then join our executive leadership network to begin exploring immediate and future opportunities. 

Responsibilities

As a Chief Financial Officer leading one of our facilities, you'll be responsible for: 

  • Carrying out all policies and procedures established by the Governing Board consisted with the philosophy and practices of the Hospital.
  • Presenting to the Governing Board or to its authorized committees periodic reports reflecting the financial activities of the hospital.
  • Responsibility for planning, organizing and influencing department activities and assuring financial records of the hospital are maintained following generally accepted accounting standards.
  • Preparing an annual operating capital expenditure and cash flow budget showing the expected receipts and expenditures and such other information as required by the organization and submission of such budgets for approval.
  • Supervising financial affairs to ensure that funds are collected and expended to the best possible advantage and within the provision of the annual budgets.
  • Setting realistic goals and meets those goals through set criteria that measures effective outcomes, focus and drive.
  • Demonstrating flexibility; being willing to make changes in the work schedule and work assignments to meet changing demands/priorities.
  • Employing analytical abilities, pragmatism, and other tools to resolve complex problems in a variety of contexts.
  • Identifying problems and possible solutions; contributing to organizational performance improvement.
  • Maintaining ability to connect processes, events, and systems, demonstrating a balance between process orientation and big-picture thinking.
  • Identifying with, and sharing in the organization’s commitment to mission, philosophy and goals.

#LI-CC1

Qualifications

In order to be considered for a Chief Financial Officer position within our facilities, you'll possess the following qualifications:

  • Bachelor degree in Accounting / Finance or closely related field.
  • Extensive knowledge of Health Care Accounting practices and principles.
  • Progressively responsible position in the Accounting profession.
  • Five to seven years experience in hospital accounting/finance required; two years in management preferred.
  • Management of hospital financial issues related to budgeting, cash management, capital finance, and performance evaluations.
  • Proficiency with end-to-end hospital revenue cycle operations. 
  • In depth knowledge of insurance matters, regulations, reimbursement, information systems and plant operations.
  • Familiarity with computer accounting programs.
  • CPA preferred.
  • Membership and active participation in ACHE and/or other professional organization preferred.
  • Pay Transparency

    Prime Healthcare Management Inc. offers competitive compensation and a comprehensive benefits package that provides employees the flexibility to tailor benefits according to their individual needs. Our Total Rewards package includes, but is not limited to, paid time off, a 401K retirement plan, medical, dental, and vision coverage, tuition reimbursement, and many more voluntary benefit options.  Benefits may vary based on employment status, i.e. full-time, part-time, per diem or temporary.  A reasonable compensation estimate for this role, which includes estimated wages, benefits, and other forms of compensation, is $250,000.00 to $280,000.00 on an annualized basis. The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire, in which a wide range of factors will be considered, including but not limited to, skillset, years of applicable experience, education, credentials and licensure.

    Employment Status

    Full Time

    Shift

    Days

    Equal Employment Opportunity

    Company is an equal employment opportunity employer. Company prohibits discrimination against any applicant or employee based on race, color, sex, sexual orientation, gender identity, religion, national origin, age (subject to applicable law), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. The Company also prohibits harassment of applicants or employees based on any of these protected categories. Know Your Rights: https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf

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    Frequently asked questions

    The CFO at Prime Healthcare Services plays a pivotal role in shaping financial strategy by overseeing budgeting, cash flow, and capital expenditure across multiple hospital facilities. Their decisions directly impact operational efficiency, funding allocation, and long-term fiscal health, ensuring sustainable growth within a complex healthcare environment.

    A strong healthcare CFO in Chicago usually holds a bachelor’s in finance or accounting with CPA certification preferred. Extensive experience managing hospital financials, including revenue cycle operations and healthcare-specific regulations, is crucial to navigate Chicago's competitive healthcare market and its unique reimbursement landscape.

    Yes, CFOs in expansive systems like Prime Healthcare Services must balance local facility financial needs with overarching organizational goals, manage diverse regulatory environments, and lead teams through shifting healthcare policies while maintaining fiscal discipline and fostering innovation across multiple states.

    Prime Healthcare Services offers CFOs a chance to influence financial operations across a broad network with substantial resources, competitive compensation, and a commitment to hospital transformation. This environment supports strategic leadership with access to advanced financial systems and collaborative executive teams.

    The CFO role at Prime Healthcare is uniquely tied to its mission of hospital revitalization and rapid growth, requiring adaptability and innovation beyond routine financial management. This contrasts with other Chicago health systems where CFO duties may focus more on maintaining established operations rather than transformational leadership.

    Chicago's large healthcare market creates strong demand for CFOs skilled in hospital finance, often matching or exceeding competitiveness seen in cities like New York or Houston. Local demand reflects the city's numerous healthcare institutions and emphasis on financial leaders who understand regional reimbursement and regulatory nuances.

    Chief Financial Officers at Prime Healthcare Services in Chicago typically earn between $250,000 and $280,000 annually, including wages and benefits. This range reflects the role’s seniority, healthcare industry standards, and the cost of living in the Chicago metropolitan area.

    The CFO regularly interfaces with the governing board, preparing detailed financial reports and budgets that inform strategic decisions. This collaborative relationship ensures financial transparency and aligns fiscal policies with the hospital’s mission and operational goals.

    Prime Healthcare encourages CFOs to pursue memberships in professional organizations like the American College of Healthcare Executives (ACHE) and supports continuous learning to master evolving healthcare reimbursement models, regulatory changes, and advanced financial technologies.

    Prime Healthcare fosters a dynamic, mission-driven culture that values flexibility and problem-solving. CFOs benefit from a supportive leadership network and resources designed to balance intensive financial oversight with collaboration and innovation across diverse hospital settings.

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