The CEO-In-Training (CIT) role is intended to prepare proven leaders for an Executive Director position, overseeing and leading a Pennant affiliated company (owned by Pennant Group). The CIT Program is a full time, paid executive training program that runs approx. 6-12 weeks, depending on level of experience and industry knowledge. Upon demonstrating competency and core values, CITs are selected to lead a local company as an Executive Director with the support of their peers who are also leading their own Pennant-affiliated companies. CITs receive practical on-the-job training in an operational environment under the direct supervision of an experienced Executive Director/CEO. In preparation to become an Executive Director, CITs will be mentored by several proven leaders to gain a thorough understanding of our culture, operating models, systems and what it will take to be a successful leader and CEO of a Pennant-affiliated company. The CIT program will consist of hands-on training in all roles within an operation, shadowing clinicians to learn our clinical product, administrative staff to learn the business model, and independent study of regulations and specific curriculum focused on becoming an exceptional operator. In addition, CITs are expected to take on projects and real responsibilities at their operation of training and encouraged to identify opportunities and solutions as they master the fundamentals of our business. As a Leadership Development Company, Pennant recognizes its strongest operational leaders with a C-Level title. When an Executive Director builds an elite team which creates sustainable success, and when that leader demonstrates ownership of their operation, they are appointed by their cluster and peers as a Chief Executive Officer (CEO).
About the Company
The Pennant Group is one of the most dynamic and progressive companies in the rapidly expanding senior living, home health, hospice, and home care industries. Affiliates of Pennant now operate more than 104 senior living, home health, hospice, physician services, and home care operations across 14 Western states and we are growing! These affiliate locations operate independently with support from our Service Center, a world-class service team that provides the centralized clinical, legal, risk management, HR, training, accounting, IT and other resources necessary to allow on-site leaders and caregivers to focus squarely on day-to-day care and business issues within their individual agencies.
Our culture is one of our most valuable resources and sets us apart from other companies. Our most valuable resource is our people, and our culture emphasizes that! We are dedicated to living out our culture as defined by our core values, “CAPLICO”:
Customer Second
Accountability
Passion for Learning
Love One Another
Celebrate
Ownership
By incorporating these principles at all levels within our organization, individuals feel valued and are excited about their impact and ability to provide life changing service. Our culture fosters excellence both personally and professionally and promotes development that leads to continued success.
Duties and Responsibilities of a CIT:
- Commitment to providing Life-Changing Service.
- The CIT will use our Competency Checklist to assess and learn all skills needed to successfully lead a Pennant-affiliated company.
- Meet with their preceptor (Executive Director/CEO) weekly to review Competency Checklist progress and feedback.
- Become acquainted with each member of the leadership team and communicate needs and opportunities regularly.
- Observe each position within the company to gain an understanding of each person’s role, responsibilities and best practices.
- Attend and engage in CIT Trainings including Clinical, Business Development, Culture and Financial Bootcamps, weekly new leader phone calls, and cluster calls.
- Demonstrate an ability to give and receive feedback, acting within Pennant Group core values.
- Demonstrate an ability to act and lead within Pennant Group core values CAPLICO.
- Demonstrate an ability to perform competent financial controls, including but not limited to P&L Management, Cost Management, Accounts Receivable, etc.
- Demonstrate an ability to perform competent clinical controls, including but not limited to Quality and star rating, CAHPS, workflow, QAPI, etc.
- Demonstrate an ability to perform representation in the community and earn business.
- Gain understanding of EHR systems and reports to include HCHB, SHP, Knowledgelink, etc.
The above statements are only meant to be a representative summary of the major duties and responsibilities performed by incumbents of this job. The incumbents may be requested to perform job-related tasks other than those stated in this description.
Qualifications and Requirements:
- 3-5 years of proven leadership experience demonstrating positive results.
- Bachelor's Degree preferred (MBA/MHA is a plus)
- Ability to pass state required licensing exams (Requirements vary by state)
Preferred Qualifications:
- Senior Leadership Experience
- Experience successfully building teams
- Experience in financial management and controls
- Passion for learning
- Ability to demonstrate CAPLICO effectively and passionately
Compensation and Benefits:
We are committed to providing a competitive Total Rewards Package that meets our employee’s needs. From a choice of medical, dental and vision plans to retirement savings opportunities through a 401(k), company match and various other features, we offer a comprehensive benefits package. We believe in great work and we celebrate our employees' efforts and accomplishments both locally and companywide, recognizing people daily through our Moments of Truth Program. In addition to recognition, we believe in supporting our employees' professional growth and development. We provide employees a wide range of free e-courses through our Learning Management System as well as training sessions and seminars.
Salary: Depends on experience and location. $80k - $100k
Job Type: Full-Time
Work Location: In-Person
About Pennant
Cornerstone and Pinnacle are proud to be affiliated with the Pennant Group, Inc. (NASDAQ: PNTG). Pennant was created in 2019 in connection with The Ensign Group, Inc.’s (NASDAQ: ENSG) spin-off of its home health, hospice, and senior living businesses. Ensign was formed in 1999 with the goal of establishing a new level of quality care within the skilled nursing industry. The name “Ensign” is synonymous with a “flag” or a “standard,” and refers to Ensign’s goal of setting the standard by which all others in its industry are measured. The name “Pennant” draws on similar imagery and themes to represent our mission of becoming the “Ensign” to the home health, hospice and senior living industries. We believe that through our innovative operating model, we can foster a new level of patient care and professional competence at our independent operating subsidiaries and set a new industry standard for quality home health and hospice and senior living services.
You can learn more about The Pennant Group at www.pennantgroup.com
Equal Opportunity Statement:
Pennant is an equal opportunity employer. We are committed to creating a diverse and inclusive workplace that values and respects all individuals. Employment decisions are based on merit, qualifications, and abilities. We do not discriminate in employment opportunities or practices on the basis of race, color, religion, sex, national origin, age, disability, or any other characteristic protected by law. Pennant welcomes and encourages applications from people of all backgrounds, and we strive to ensure that our employees reflect the diversity of the communities we serve.
