Founded in 1978,Â Universal Health Services, Inc. (UHS)* is one of the nationâ€™s largest and most respected healthcare management companies, operating through its subsidiariesâ€"acute care hospitals, behavioral health facilities and ambulatory centers nationwide. With more than 74,000 people employed by UHS subsidiaries, UHSâ€™s business strategy is to continue to grow by building or purchasing healthcare facilities across the country, while continuing to strengthen UHSâ€™s well-reputed franchise with itsÂ customaryÂ exceptional service and effective cost control. Our success is driven by a service philosophy based on integrity, competence, compassion, and a responsive management style. UHS has been recognized as a Fortune 500 company and is listed as one of Fortuneâ€™s Most Admired Companies. UHSâ€™s Acute Care Division is comprised of 25 high performing hospitals and several ambulatory care facilities across the nation and prides itself on providing superior patient care.Â
Prominence Health Plan, established in Reno in 1993 as St. Maryâ€™s Health Plan, was acquired in 2014 by Universal Health Services (UHS), one of Fortune Most Admired Companies.Â
In addition to the HMO, Prominence Health Plan also offers Point of Service health plans, a preferred health insurance company that offers Preferred Provider Organization (PPO) health plans, and CDS Group Health, a third-party administrator.
Job Summary:Â The Sr. Director of Finance is responsible for the financial activities of the Prominence Health Plan companies, including Prominence HealthFirst, Prominence Preferred Health Insurance Company, CDS of Nevada, Inc., Nevada Preferred Healthcare Providers and Prominence HealthFirst of Texas, Inc.Â Responsibilities include Health Plans accounting and financial reporting, regulatory reporting and Statutory accounting, planning and analysis, budgeting, oversite of actuarial services, underwriting and final pricing decisions, IBNR reserve preparation, premium billing and collection, and oversight and coordination with the centralized accounting, reporting, and accounts payable functions provided by corporate accounting. Â Additionally, this position is responsible for the coordination of the annual reinsurance program.Â This executive also actively participates with the CEO and other key executives in the development and implementation of key strategic initiatives.