COO Development Program Job Description
JOB SUMMARY (Primary purpose of the position.) Individuals
selected for the Chief Operating Officer Development Program will
complete field training and classroom assignments preparing them to
function competently as Chief Operating Officers throughout the
organization. Training will focus on enhancing participants'
management and technical skills. Corporate and field training will
ensure participants are knowledgeable in hospital management, and
display competency in specialized aspects of the position such as
ethics, compliance, reimbursement , accounting and finance.
Participants will also complete training modules involving all
departments in the hospital including, but not limited to:
Administration, Business Office, Materials Management, Information
Systems, Health Information Management, Utilization Management,
Shared and Centralized Services, Support and Clinical services,
Financial Reporting.
Individuals selected into the program become Associate
Administrators. In addition to full-time management and operations
responsibilities, Associate Administrators participate in extensive
development activities to prepare them to become Chief Operating
Officers in a facility. Chief Operating Officers are candidates for
Chief Executive Officer positions.
GENERAL RESPONSIBILITIES (The essential responsibilities and
accountabilities of this position including interactions with other
departments and outside vendors, if applicable, in PRIORITY order.)
1. Program participants satisfactorily complete scheduled classroom
training at the corporate offices.
2. Participants satisfactorily completes field training assignments,
within a hospital setting, specifically designed to perfect
management and technical skills within areas listed in the "Job
Summary" section above.
3. Participants provide a high quality resource of knowledge, skills
and work experience to Divisions and facilities during course of
training and fieldwork.
4. During the program, participants will serve as interim managers
in various facilities and locations to further enhance their
management and technical skills.
5. As an Interim Manager/Department Director:
a. directs department operations at facilities where assigned;
b. trains staff and monitors performance to ensure job
responsibilities and facility mission are accomplished;
c. assists COO, CEO and department managers in development and
implementation of short and long range plans;
d. completes cash flow, budget, departmental performance and
variance analyses, develops and monitors operational and capital
budgets, prepares financial and operational reports communicating
information to facility management in a highly competent and
professional manner;
e. at all times conducts self in a professional, ethical and
compassionate manner with all individuals;
f. identifies trends in operational , and financial performance,
develops cost containment strategies, and identifies potential
business opportunities;
g. implements and monitors compliance with company policies and
procedures, and responsible for regulatory compliance with all
government agency rules and regulations, with specific focus upon
compliance with laws and regulations governing third-party
reimbursement from Medicare, Medicaid, CHAMPUS, and other government
programs;
h. coordinates work related to construction projects and other
capital expenditures ensuring timely, accurate stewardship over
company assets.
6. Satisfactorily completes special projects as assigned.
Experience and Job Qualifications
. MBA or MHA Degree, from an accredited college / university program
. Experience in healthcare, healthcare management or finance a plus
. Excellent PC skills
. Requires occasional travel for training and educational
opportunities
. May require long work hours and weekends
. Geographic flexibility may be required for promotional
opportunities
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