Chief Executive Officer
3 weeks ago
DMC Children's Hospital of Michigan, Detroit and Troy, Michigan
Since 1886, the Children's Hospital of Michigan has been dedicated to providing the highest quality of care to children and adolescents in a caring, efficient and family-centered environment. A proud member of the Detroit Medical Center (DMC), the Children's Hospital of Michigan is the first children's hospital in the state. This 228-bed facility has an international reputation in pediatric medicine, surgery and research, training more pediatricians than any other facility in Michigan.
The Children's Hospital of Michigan engages in groundbreaking research that has long shaped the science of pediatric medicine. The hospital is ranked as one of America's best pediatric hospitals by U.News & World Report and Parent Magazine. The hospital offers outpatient specialty and rehabilitation centers in Canton, Clinton Township, Dearborn, Detroit, Novi, Southfield and Troy.
The Children's Hospital of Michigan is specifically designed to cater to pediatric patients, from our kid-friendly emergency room, to our inpatient facilities with features created just for children. With playrooms, activity centers, computer labs, a library and classrooms, the facility makes a child's temporary transition from home to hospital easy with remarkable attention to detail.
Children's Hospital of Michigan will improve the health and well-being of all children and their communities by advancing the science and practice of pediatric health care and through advocacy efforts.
The pediatric medical and surgical specialties share common valuesto provide the highest quality of care for children, to inform that care through research innovations, and to ensure that children have access to the care they need.
Through an academic affiliation with Wayne State University and Michigan State University, Children's Hospital of Michigan is an innovator in education and research.
From appendectomies to transplants, the Children's Hospital of Michigan is proud to offer the state's widest range of pediatric surgery options with a multidisciplinary team of health care providers delivering an unparalleled level of pediatric surgical care.
The Chief Strategy Officer will be responsible for oversight of the business and strategic planning and marketing integrity of DMC Children's Hospital of Michigan. He/she will have responsibility for advancing the Hospitals' short- and long-term business growth plans and the development and implementation of hospital business strategy and market position. Serving as chief strategy spokesperson for DMC Children's Hospital of Michigan, the Chief Strategy Officer oversees the strategic and business planning functions for the facility. In addition, this person will lead Business Development related activities for the hospital. Leads in development and implementation of facility business strategy
Uses data to analyze market dynamics, trends and competition and implements strategies to meet market demand.
Demonstrates exceptional financial management and analytical skills while leading the annual business planning process and preparing forecasts.
Effectively advises CEO in the development and execution of short- and long-term strategies.
Leads senior executive team in advancing the facility's short- and long-term strategic plans.
Identifies, evaluates, and gains consensus for development of new or expansion of current inpatient and/or outpatient services and programs based on lack of current supply, quality, growth and/or service in the market.
Works in collaboration with hospital/department leaders to develop strategic service lines ensuring physician engagement to achieve desired results in quality, service, operations and financial metrics.
Understands all operational components necessary to implement a new or expand a current service line, including but not limited to capital, equipment, people, education, quality metrics and costs.
Monitors, understands and assesses service line performance by key performance indicators (volume, outcomes, market shares, etc.).
Gathers competitive intelligence from the community on service line opportunities.
Leads discussions with physicians, community-based facilities, local payers, providers and employers to gain information related to collaboration and support for strategic initiatives and service line development/enhancement to meet the needs of the community served.
Work in collaboration with other Tenet and Tenet JV facilities (hospitals and USPI locations) to develop network opportunities and service line enhancements.
Effectively manages the Provider Outreach Program and works to meet community need through recruitment of physicians
Builds targeted performance objectives for Provider Outreach team which identifies opportunities for greater collaboration to achieve common goals of better serving our shared patients.
Supports Provider Outreach Program priorities, identifies outreach partners across the care continuum, and develops strategies and metrics while monitoring progress to plan (E.g., Ensures community, physician and longitudinal care partners, awareness of new initiatives and identification and remediation of service issues that may impact program development.
Plans, organizes and directs strategies that develop physician relationships and physician manpower plans consistent with facility service line plans and community need.
Works in collaboration with physician recruiters to fulfill community need in a manner consistent with service line requirements.
Maintains high visibility among physician community and earns a reputation for effectively listening and leading facility change efforts that build physician loyalty and enhance the patient experience.
Analyzes data to make fact-based decisions and monitors variances to understand facility trends
Studies internal and external data trends to realize opportunities to better serve the community.
Identifies and vets new business opportunities based on research and analysis.
Monitors internal data to understand the driving forces of business variables, and then implements corrective action when/where appropriate.
Understands and demonstrates competency utilizing all data available.
Executes effective marketing plans that differentiate services based on quality, service, and/or outcomes and have measurable positive ROI.
Leads an effective consumer engagement strategy, within budgeted guidelines, that creates differentiation and awareness in the facility's market.
As a leader in healthcare, Tenet is committed to providing the best possible care to every patient, with a clear focus on quality and service. Strong leadership is essential to delivering on this commitment, and we believe that the quality of our leaders can give us a significant long-term competitive advantage. We want to ensure every current and future leader in Tenet is successful, and we support that through our selection and hiring process and by providing coaching and training to our leaders.
In this regard, we have identified core competencies that will enable a leader to succeed at Tenet, and have defined them within the following five areas critical to performance:
Builds Quality Relationships
Builds trust and manages conflict with key stakeholders to maintain collaborative internal and external partnerships (e.g. with staff, other departments, regional and corporate partners, physicians and the community) and engages staff in driving key decisions and initiatives.
Thoughtfully plans messages and uses a variety of methods to match communication effectively with situation and setting to engage staff and colleagues (e.g. large group, small group, 1:1).
Drives Organizational Performance
Practices due diligence to critically evaluates alternatives that deliver the highest quality and service while applying risk management principles to mitigate cost and maximize revenue potential.
Develops and communicates progressive organizational performance strategies that achieve a competitive advantage (e.g. productivity, quality, culture, talent, internal/external volume and revenue growth).
Focuses on developing talent by regularly providing performance and professional development feedback, coaching and guidance. Seeks continuous education, training and growth within functional role.
Understands the balanced scorecard and drives results to meet or exceed target in key department metrics. Drives high quality in a cost conscious manner, understands key clinical components and regulatory requirements and inspires a culture of compliance.
Frequent honest communication creates an inclusive high-performance environment.
Encouraging risk and experimentation enables people to be innovate in the face of the evolving marketplace
Through prioritization based on our overall aligned direction, leaders focus resources on things that are most relevant for the organization and communities served. Minimum of five years of experience in Strategic Planning and Healthcare Strategy/Development is required. Experience developing complex business plans and using data to drive strategy is a must.
Knowledge of healthcare organization and administration and of standards and laws applicable to managing strategy and planning issues with facility operations.
Knowledge of healthcare, strategic and financial planning.
Proven financial management skills, capable of reaching closure and timely accomplishment of objectives with a focus on P & L.
Knowledge of principles of interactive planning, participatory management and influence management.
Strong project management skills and follow-through from vision to execution, with measurable results to the bottom line.
Someone skilled at uniting various constituencies to work together harmoniously to achieve high quality patient care.
Excellent at team building and motivating people. Someone who understands the dynamics and politics of a hospital environment and has the ability to navigate between disparate entities to successfully unite constituencies toward a common cause.
Proven ability to provide high quality, cost effective care through innovation, reputation and positive employee and physician relations.
The ability to communicate clearly and effectively both verbally and in writing.
Able to establish immediate credibility with peers, senior leadership, medical staff, and the Board.
An undergraduate degree in Business, or appropriately relevant field, is required. Base salary will be supplemented by a performance bonus and comprehensive, well-rounded benefits program, which includes relocation assistance.
Travel
Tenet Healthcare complies with federal, state, and/or local laws regarding mandatory vaccination of its workforce. If you are offered this position and must be vaccinated under any applicable law, you will be required to show proof of full vaccination or obtain an approval of a religious or medical exemption prior to your start date. If you receive an exemption from the vaccination requirement, you will be required to submit to regular testing in accordance with the law.
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