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Description
The Practice Administrator is responsible for providing strategic leadership and related financial success and operational effectiveness by collaborating with physician, leadership, providers, and operations in developing and maintaining the practices overall business plan, goals, and strategic values.
Strategic Governance & Board Relations
The PA is the highest ranking non-physician leader. They serve as the liaison between the surgeon owners (the Board) and the staff.
Board Leadership: Working with the Board to set agendas, manage shareholder expectations, and establish and implement the Practice’s mission and vision.
Maintain the practice culture that emphasizes collaboration, accountability, and performance with a shared vision for the future.
Support marketing efforts in the region as required with the board and clinical staff
Work independently and engage physician and operations leadership in the development and implementation of new policies and procedures as needed
Evaluate the organizations financial position and issues periodic reports on the organizations, financial stability, liquidity, and growth
Identify trends or areas of improvement as it relates to physician productivity, and the overall financial health of the practice
Actively involved in hiring, performance, appraisals, coaching, and corrective action of staff and conjunction with the Operations Manager
Collaborate with the board and physicians to improve practice operations
Provide regular reporting to the board on all strategic initiatives and yearly action plans
Focus on capital structure and diversified revenue streams, including possible ancillary development
Ensuring the practice stays compliant with all regulatory agencies governing healthcare delivery
Monitoring legislative changes (like CMS reimbursement) and lobbying for the group's interests at the state or national level (e.g., through AAOS or MGMA).
Requirements
Education: Baechlors degree and possible MBA
Experience: 5+ years of executive-level management experience, healthcare preferred
Demonstrate knowledge of management, general, accounting, principles, practice operations, and process improvement experience
Ability to work collaboratively and participate in a team approach
Ability in critical thinking and problem-solving
Excellent, organizational, analytical, and time management skills