The Chief Operating Officer (COO) reports to the Chief Executive Officer and is responsible for the hospital's day-to-day activities, including revenue and sales growth expense, cost, and margin-control and monthly, quarterly, and annual financial goal management.
Responsibilities
- Overseeing day to day operations of all departments in the hospital with the exception of Nursing.
- Coordinating facility and program planning budget preparation, administering hospital policy formulation.
- Representing the hospital at various professional, civic and governmental organizations and meetings.
- Partnering with physicians who use, or will use, the hospital taking a role in the recruiting and retention of physicians.
- Working with the Chief Executive Officer to ensure the hospital meets necessary regulatory and compliance approvals and quality accreditations in conjunction with the hospital's Chief Nursing Officer.
- Working with the Chief Executive Officer to create an environment that will encourage the recruiting and retention of qualified hospital employees.
- Participating in the hospital's monthly operation reviews as well as participating in corporate office meetings as deemed necessary.
- This position reports directly to the CEO and in the absence of the CEO, the COO may be required to interpret hospital policy and provide guidance.
- Analyzing areas in planning, promoting and conducting organization-wide performance improvement activities.
- Assisting in planning of new services that generate additional sources of profit revenue.
- Assisting in managing costs by continually seeking data that will identify opportunities and take action to eliminate non-value costs in conjunction with the hospital's financial and nursing officers.
Qualifications
- Experience in physician relations or recruitment required.
- Minimum 4 years recent hospital experience managing multiple departments in acute care facility.
- 15 years of experience in the field.
- Must possess a Bachelor's degree in Business Administration or related field from an accredited institution.
- Master of Healthcare Administration or MBA with Healthcare emphasis required.