COO - IPM
UHS
Summary
The COO provides leadership, direction and ongoing administration and management for all aspects of physician operations and ensures regulatory and UHS Physician Services (UHSPS) policies and procedures are implemented for efficient, effective management of all clinics.
Job description
Participates in the development and implementation of compliance, training and education, policies and procedures and best practices. Provides guidance to Regional Directors and Market Managers on issues related to financial and operational performance.
Responsibilities
- Responsible for volume growth initiatives and performance metrics and ensures that each practice meets and/or exceeds their financial targets.
- Helps prepare and participates in practice, facility, market and/or division Monthly Operation Reports (MORs).
- Implements and tracks all quality initiatives.
- Works effectively with sales and marketing to enhance growth initiatives.
- Prepares physician employment contracts in accordance with management expectations while insuring compliance with all applicable regulatory authorities and UHSPS policies.
- Participates in development and implementation of physician development plans.
- Serves as a key participant in planning, budgets, new products and services, compliance, and other physician practice issues.
- Works effectively with the physician recruiting function of UHSPS and hospital liaisons to support the placement of qualified physicians in employed practices.
Qualifications
Bachelor’s degree in Health or Business Administration or a related field is required. MHS or MBA preferred.
Five to eight years of physician practice management experience or healthcare management experience is required. Experience in managing multiple physician practices across a wide geographic area is preferred.
- Strong understanding of the financial management, and business and clinical operations of a medical group practice
- Knowledge of fiscal management techniques, revenue cycle management and third party reimbursement
- Knowledge of health care administration systems
- Knowledge of governmental regulations and compliance requirements
- Knowledge of computer systems and applications
- Skill in planning, organizing and supervising
- Skill in exercising initiative, judgment, problem-solving, decision-making
- Skill in developing and maintaining effective relationships with medical and administrative staff, patients and the public
- Ability to analyze and interpret complex data and prepare comprehensive reports
- Ability to communicate effectively in writing and verbally
- Skill in human resources management, organization and team building
- Travel is required (20% - 30%)
Requirements
- Bachelor’s degree in Health or Business Administration or a related field is required
- MHS or MBA preferred
- Five to eight years of physician practice management experience or healthcare management experience is required
- Experience in managing multiple physician practices across a wide geographic area is preferred
- Strong understanding of the financial management, and business and clinical operations of a medical group practice
- Knowledge of fiscal management techniques, revenue cycle management and third party reimbursement
- Knowledge of health care administration systems
- Knowledge of governmental regulations and compliance requirements
- Knowledge of computer systems and applications
- Skill in planning, organizing and supervising
- Skill in exercising initiative, judgment, problem-solving, decision-making
- Skill in developing and maintaining effective relationships with medical and administrative staff, patients and the public
- Ability to analyze and interpret complex data and prepare comprehensive reports
- Ability to communicate effectively in writing and verbally
- Skill in human resources management, organization and team building
- Travel is required (20% - 30%)
Company overview
Universal Health Services, Inc. (UHS) is one of the nation's largest and most respected providers of hospital and healthcare services, operating as a Fortune 300 corporation headquartered in King of Prussia, Pennsylvania. Founded in 1979, UHS has grown into a major healthcare enterprise with approximately 99,000 employees and annual revenues exceeding $14 billion. The company operates through its subsidiaries, managing 29 acute care hospitals, 331 behavioral health facilities, and 60 outpatient and other facilities across 39 U.S. states, Washington D.C., Puerto Rico, and the United Kingdom. UHS provides comprehensive healthcare services including acute care, behavioral health treatment, cancer centers, and ambulatory surgical centers. The company's strategy focuses on building or acquiring high-quality hospitals in rapidly growing markets and investing in advanced medical equipment and skilled personnel to become the leading healthcare provider in each community it serves. UHS is publicly traded on the New York Stock Exchange (NYSE: UHS) and has established a strong reputation for delivering compassionate, high-quality care while maintaining financial stability and operational excellence.