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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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