COO - IPM

UHS • King of Prussia, PA

10h • Hybrid

About The Position

Universal Health Services, Inc. (UHS) is a leading provider of hospital and healthcare services, recognized as a Fortune 500® corporation with significant annual revenues and a broad operational footprint across the U.S. and internationally. Independence Physician Management (IPM), a subsidiary of UHS, was established in 2012 to manage multi-specialty physician networks and urgent care clinics that complement UHS acute care facilities. IPM also supports the Behavioral Health division of UHS. Currently operating in 13 markets across seven states and the District of Columbia, IPM serves over 1100 Providers and employs 2200 individuals. The COO at IPM is responsible for leading and managing all aspects of physician operations, ensuring adherence to regulatory and UHS Physician Services (UHSPS) policies. This role involves developing and implementing compliance, training, and best practices, and providing guidance to Regional Directors and Market Managers on financial and operational performance.

Requirements

• Bachelor’s degree in Health or Business Administration or a related field is required.
• Five to eight years of physician practice management experience or healthcare management experience is required.
• 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.

Nice To Haves

• MHS or MBA preferred.
• Experience in managing multiple physician practices across a wide geographic area is preferred.

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager