Summit Partners

Regional Director, Operations

Summit Partners$125K — $155K *
US-AnywhereRemote in United States
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in business administration or healthcare administration or similar field.
  • 6-8 years of healthcare operational management experience, including financial statements knowledge.
  • Preferred 3-4 years in multi-site physician group practice management.
  • Proficient in Microsoft Office Suite; MS Project knowledge preferred.
  • Experience in a matrixed environment.

Responsibilities

  • Lead operational management for multi-site hospitalist practices in Washington.
  • Build and maintain relationships with hospital C-suite executives and medical staff.
  • Oversee day-to-day operations including payroll, credentialing, and HR matters.
  • Review financial statements and manage annual budgets for assigned programs.
  • Coordinate new business strategies and practice design for new hospital implementations.
  • Participate in monthly operating reviews and analyze site performance.

Benefits

  • Remote position with frequent travel requirements.
  • Opportunity for leadership development and team expansion.
  • Engagement with senior hospital executives and cross-functional collaboration.
  • Access to comprehensive healthcare operating models and strategic initiatives.
  • Support for continuous improvement in healthcare practices.
Full Job Description
About the Role

The Regional Director of Operations is responsible for, but not limited to, the operational management and oversight of multiple Sound Physicians' hospitalist practices in Washington. The Regional Director of Operations will have a visible presence at several practice locations and will focus on establishing professional relationships with the entire hospitalist team, hospital and system C-suite executives, case management, nursing, medical staff office, as well as community providers and specialty physicians.

The Regional Director of Operations manages a team of direct reports that support day to day operations of successful Hospitalist practice within an assigned region. This role will report up to Chief Operations Officer with accountability to the Regional Chief Medical Officer. This role works in a heavily matrixed team, having a Divisional Chief Medical Officer as a dyad partner, as well as working very closely with a Director, Clinical Performance.

Location & Travel: This is a remote position requiring frequent travel throughout the region. To support travel requirements, candidates must reside in one of the following states: CA, WA, OR, NV, AZ, ID, WY, MO, IA, or MS.

Essential Duties and Responsibilities
  • Initiating and leading content discussions and preparations for Joint Operations Committee, Quarterly Performance Reviews, and other hospital partner interactions. Reviewing content for final sign-off of all client-facing templates (scorecards, dashboards, action plans) developed
  • Proactively utilizing Sound and industry knowledge to lead discussions with hospital partners regarding short term and long-term strategic objectives, effectively communicating where Sound can provide a solution. Build strong relationships with the C-Suite at each hospital partner in assigned region, reporting on and checking in on performance on monthly basis
  • Meeting regularly with each Medical Director and PMT member to review site performance and identify opportunities and barriers
  • Final oversight for day-to-day practice operations including matters related to payroll, credentialing, human resources, recruiting, etc. with assistance of direct reports and shared service departments
  • Actively participating in Monthly Operating Reviews, proactively reviewing practice financial statements for accuracy and trends to explain financial performance. Identifying and understanding the impact of variances and enact plans to address negative variances. Developing and managing annual budgets with responsibility for P&L performance for programs in assigned region
  • Appropriately gathering and processing of monthly patient level data files, troubleshooting as necessary
  • Working in the pursuit of new business in the region. Coordinating individual efforts for new business with Business Development, COO, and RCMO (s)
  • Completing due diligence and practice design for new hospital practices within region. Creating or reviewing proposals for new business and expansion of current business, including financial proformas. Understanding the financial and operational impacts of program changes as well as pricing, including supporting or leading contract negotiations and new site implementations in conjunction with main office departments and COO
  • Leading new practice implementations in conjunction with main office departments
  • Hiring, training and developing a practice management team (PMT) for assigned region
  • Managing and tracking reconciliation dates, PQI submission dates, contract renewal timelines, and annual escalator anniversary dates in a timely manner
  • Appropriate escalation of issue/concerns to COO
  • Supporting the Regional Manager, Clinical Performance and Clinical Performance Nurse(s) in their development and execution of clinical processes

What we are looking for:

A successful candidate will have a demonstrated track record of a combination of these values, knowledge, and experience:

Values
  • Communication: The ability to speak, write, and listen clearly and consistently
  • Change Capable: The ability to inspire others to navigate and progress through change by providing vision, the why, and feedback mechanisms
  • Critical Thinking: The ability to be proactive; anticipate needs; ability to make good decisions with incomplete, ambiguous information
  • Executive Presence: The ability to inspire confidence in others to be a leader they want to follow; inspiring confidence in others. Set a personal example of optimism, poise, and professionalism
  • Negotiating: Reach consensus while maintaining positive, sustainable relationships
  • Relationship Building and Maintenance: The ability to create and nourish healthy, strong relationships among hospital partners, dyad/triad partners, and Sound team members at all levels (C-Suite, Sound, and Team)
  • Strategic Thinking: The ability to develop, execute, and rally your team around data-driven long-range plans
  • Teamwork: The ability to pull people together into highly effective teams

Knowledge, Skills, and Abilities
  • Proficiency with Microsoft Office Suite (i.e., Outlook, Excel, PowerPoint); knowledge of MS Project
  • Knowledge of Process Improvement methodology; LEAN-Six Sigma for healthcare training is desirable
  • Knowledge of relevant state and federal healthcare regulations
  • Working knowledge of healthcare payment models, physician practice management, revenue cycle, payer contracting, managed care models, and Accountable Care Organization structure
  • Knowledge of Hospital Medicine landscape and market forces driving the hospitalist model of care
  • Understanding of hospitalist physician recruiting, marketing and compensation issues

Education and Experience
  • Minimum: Bachelor's Degree in business administration, healthcare administration or similar field
  • Minimum: 6-8 years' experience working with healthcare operational management, including financial statements and working knowledge of hospital and healthcare informatics (ex: quality measures)
  • Preferred: 3-4 years' experience managing a multi-site physician group practice
  • Experience working in a matrixed environment

SalaryRange
  • $125,000-$155,000 annually. In addition, Regional Directors are eligible for a bonus opportunity. Exact pay will be determined based on candidate experience, geographical location, and size/complexity of the program(s) being supported.


This job description reflects the present requirements of the position. As duties and responsibilities change and develop, the job description will be reviewed and subject to amendment.

About Summit Partners

Summit Partners is a global alternative investment firm that invests in growth equity, fixed income and public equity opportunities in technology, healthcare and other growth sectors. The firm was founded in 1984 and has raised more than $23 billion in capital commitments since inception. Summit Partners has offices in Boston, Menlo Park, London and Singapore.
Learn more about Summit Partners
Size
500 employees
Industry

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