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, 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, and 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.
- Creating an environment that encourages the recruiting and retention of qualified hospital employees.
- Participating in the hospital's monthly operation reviews as well as corporate office meetings as deemed necessary.
- Interpreting hospital policy and providing guidance in the absence of the CEO.
- Analyzing areas in planning, promoting, and conducting organization-wide performance improvement activities.
- Assisting in the planning of new services that generate additional sources of profit revenue.
- Managing costs by continually seeking data that will identify opportunities and taking action to eliminate non-value costs in conjunction with the hospital's financial and nursing officers.
Qualifications
Experience:
- Experience in physician relations or recruitment required.
- Minimum 4 years recent hospital experience managing multiple departments in an 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.
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