Chief Operating Officer

Job Summary

Responsible for the hospital's day-to-day operational activities, including patient throughput, revenue and sales growth, expense, cost and margin-control, and monthly, quarterly, and annual financial goal management. Responsible for overseeing multiple non-nursing departments. Will develop sufficient skills and knowledge in order to be promoted to a Chief Executive Officer position at a different location.

Essential Functions

• BUSINESS DEVELOPMENT
  • Assist the hospital CEO with translating annual revenue and profit goals into specific plans that will achieve desired goals.
  • Assist the hospital CEO in developing a strategy for increasing volume by targeting specific physicians on the medical staff as well as assessing needs for new physicians.
• COST CONTAINMENT
  • Assist the hospital CEO and CFO with achieving a balance between revenue and expenses.
  • Periodically review hospital’s department results and advise corrective actions to department managers.
• PHYSICIAN RELATIONS
  • Assist the hospital CEO with strategies for building stronger relations with the medical staff.
  • Provides suggestions on how to approach difficult problems with individual physicians.
  • Assist the hospital CEO with physician recruiting as well as identifying new services/product lines and capital expenditures.
• COAHING AND DEVELOPMENT
  • Works with individual department manages to review performance, strengths and development needs and provide coaching.
  • Shares best practices from experience both internally and externally.
  • Suggests additional training that will assist department managers performance development.
• Performs other duties as assigned.
• Complies with all policies and standards.

Qualifications

• Master's Degree Master's degree in Hospital Administration or Business Administration or similar field preferred
• Bachelor's Degree Bachelor's degree in Hospital Administration or Business Administration or similar field required
• 4-6 years Successful experience leading multiple acute care hospital departments required

Knowledge, Skills and Abilities

• Understanding of how to build revenue and physician practices.
• Basic knowledge of hospital financial systems required.
• Ability to recruit, lead, coach and develop employees in order to assist them in job success.
• Demonstrated business acumen.
• Must be able to problem solve, identify real issues and formulate solutions and to teach others as well.
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