Chief Operating Officer

University of Minnesota Physicians

$338K — $500K+*
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Advanced degree (MD, MBA, MHA, or related field) required.
  • 10+ years of progressive healthcare operations leadership experience needed.
  • 7+ years in a senior executive role within health organizations is essential.
  • Experience in leading multi-specialty physician group operations is necessary.
  • Proven success in overseeing finance, IT, revenue cycle, and physician relations is required.
  • Strong expertise in financial planning, forecasting, and performance management.
  • Ability to lead in complex, matrixed organizations is crucial.

Responsibilities

  • Partner with the CEO and Board to execute UMP's strategic vision.
  • Lead all business and operational functions including finance and clinic operations.
  • Drive performance and efficiency through data-driven decision-making.
  • Lead financial planning, budgeting, and resource allocation efforts.
  • Develop growth strategies that expand patient access and clinical services.
  • Build partnerships with physician leaders and health system partners.
  • Foster a culture of collaboration and continuous improvement.

Benefits

  • Comprehensive medical and dental insurance including vision discounts.
  • Substantial 401K employer contribution.
  • Access to an Executive Health Program.
  • Participation in a well-being program including annual spending allotments.
Full Job Description
University of Minnesota Physicians (UMP) is seeking a Chief Operating Officer (COO) to join its executive leadership team.

Reporting directly to the Chief Executive Officer, the COO serves as the senior executive responsible for the day-to-day operational performance of UMP, a leading multi-specialty academic medical group comprising approximately 1,500 physicians, 500 Advanced Practice Providers, and 200 Staff. This executive leader will translate organizational strategy into operational excellence across finance, clinic operations, information technology, revenue cycle, business development, and facilities management.

The COO will partner closely with physician leaders, health system executives, University of Minnesota Medical School leadership, and the UMP Board of Directors to drive organizational growth, optimize practice performance, strengthen physician engagement, and expand UMP's influence across Minnesota and the region.

This is a unique opportunity to lead operations for one of the nation's premier academic physician organizations and help shape the future of an integrated, multi-specialty medical group affiliated with a leading public research university and academic health system.

Responsibilities
  • Partner with the CEO and Board to execute UMP's strategic vision and organizational priorities.
  • Provide leadership for all business and operational functions, including finance, clinic operations, IT, revenue cycle, business development, and facilities.
  • Drive operational performance, efficiency, and service excellence through data-driven decision-making and accountability.
  • Lead financial planning, budgeting, forecasting, and resource allocation to ensure long-term sustainability.
  • Develop and implement growth strategies that expand patient access, clinical services, and market presence.
  • Build strong partnerships with physician leaders, university stakeholders, and health system partners.
  • Oversee and develop senior leaders across key operational functions.
  • Foster a culture of collaboration, innovation, accountability, and continuous improvement.
  • Ensure compliance with applicable regulatory, accreditation, and organizational requirements.


Qualifications

Required Qualifications
  • Advanced degree (MD, MBA, MHA, or related field).
  • 10+ years of progressive healthcare operations leadership experience.
  • 7+ years in a senior executive role within a physician practice, medical group, health system, or similar healthcare organization.
  • Experience leading multi-specialty physician group operations and financial management.
  • Proven success overseeing clinic operations, finance, IT, revenue cycle, payer contracting, physician relations, and business development.
  • Strong expertise in financial planning, budgeting, forecasting, and performance management.
  • Demonstrated success driving organizational growth, operational improvement, and transformation initiatives.
  • Ability to lead effectively in complex, matrixed organizations.
  • Strong communication, collaboration, and stakeholder management skills.


Preferred Qualifications
  • Experience in an academic medical center, faculty practice plan, teaching hospital, or university-affiliated health system.
  • Experience with physician practice integration, mergers and acquisitions, or practice growth initiatives.
  • Knowledge of healthcare regulatory and compliance requirements, including Stark Law, Anti-Kickback Statute, and HIPAA.
  • Experience supporting regional growth and market expansion strategies.


Application:
  • In addition to your resume, please submit a letter of interest.
  • Applications will be accepted until September 10th


Benefits:

Total compensation is enhanced by a robust benefits package that supports physical, mental, and financial well-being. Highlights include:
  • Comprehensive medical and dental insurance including a vision discount plan.
  • Substantial 401K employer contribution
  • Executive Health Program
  • Well-being program including an annual spending allotment, peer coaching, counseling, and concierge services.

Compensation:
338,417.00 - 524,566.00 USD Annual

At M Physicians we believe in pay transparency and equity. The compensation for each position is based on experience, skills, qualifications, and other role-specific considerations. Our total compensation is designed to support your well-being, career growth, and work-life balance.

More Jobs at University of Minnesota Physicians

More Healthcare Jobs

Find similar Chief Operating Officer jobs: