President and Chief Executive Officer
|Location:||Arlington, West Virginia|
|Category:||Life Sciences/Healthcare : Consumer Health|
TITLE: President & Chief Executive Officer
COMPANY: Virginia Hospital Center
REPORTING RELATIONSHIP: The President & Chief Executive Officer will report to the Board of Directors, Virginia Hospital Center.
Virginia Hospital Center (VHC) has provided exceptional medical services to the Washington, DC metropolitan area for more than 75 years. A proud member of the Mayo Clinic Care Network, the Hospital prides itself on offering the latest technological advancements and medical practices. Designated a Magnet hospital by the American Nurses Credentialing Center, VHC is a 394-bed not-for-profit teaching facility offering comprehensive healthcare and multiple, independently recognized Centers of Excellence. VHC is staffed by over 3,100 employees and generates annual net revenues of $488M.
Reporting directly to the Board of Directors, the CEO will provide day-to-day leadership and strategic direction for VHC. The task of the next CEO is to continue the tradition of operational, clinical, financial and strategic leadership and excellence while preparing VHC for the opportunities and challenges ahead. The next CEO will represent the values and communicate the vision of VHC, even as they encourage the creative thinking and innovation that will ensure VHC continues its position among the nation’s elite community hospitals. The CEO must be highly respected as a strategic and visionary leader and have the operational and business acumen and sensitivity to a culture of shared governance necessary to lead and manage a high performing hospital system. They must demonstrate the interpersonal skills that will assure successful relationship building with a variety of internal and external stakeholders, including staff, physicians, payors, government representatives, donors, and affiliated organizations.
The new CEO will be expected to continue the traditions of service, sound management, and support of the mission and vision of VHC. They will be expected to assess the organization’s readiness for change, challenging past assumptions, anticipating new externalities, and adjusting strategies and goals as appropriate.
The CEO will possess a demonstrated history of successive accomplishments in the overall improvement of operational, quality, strategic and financial performance of a high-performing healthcare organization He/she will be an operationally-talented and innovative leader who has a proven capability of collaborating and working synergistically with diverse constituencies to effect the cultural and operational changes necessary to ensure a high-quality, patient and family centered, value-based healthcare delivery system.
The ideal candidate has extensive executive level experience in a nationally recognized healthcare organization with exemplary quality, growth and sustained financial strength. Candidates should possess strong administrative skills in all aspects of healthcare administration including board relations, strategic planning, patient care, inpatient and outpatient clinical operations, finance, employed and non-employed physician relations, information technology, human resources, government relations, local associations, marketing, and vendor/payer contract negotiations.
The CEO will engage local, system, and community leadership (physicians, community and hospital leaders) to further develop and drive an effective strategy that is consistent with VHC’s mission and vision. They will be recognized as a leader, possessing outstanding communication, listening and interpersonal skills, and able to quickly establish credibility and rapport with a broad set of executives, physicians and constituencies. He/she must be current on healthcare trends, policies and regulations, both locally and nationally, and is expected to be a respected representative for VHC.
Above all, this individual will inspire a culture that is rooted in the commitment to excellence, consider carefully the needs of its key stakeholders including individuals served by the system as well as employees, physicians, board members, etc. in order to inspire the organization to deliver on its mission – To Be the Best Health System.
- Graduate degree in business administration, healthcare administration, management or related field.
- Fifteen years or more of hospital and/or health system executive experience. Experience as a proven hospital operator (operations executive or clinician executive), within a high performing, fast-paced complex and matrixed environment.
- A distinguished record of developing, communicating and articulating an innovative vision and strategy in coordination with the Board and executive leadership team.
- Demonstrates a strategic approach to creating win-win solutions and engaging with internal and external partners.
- Demonstrated experience in aligning, scaling, expanding and sustaining innovative quality, safety, and performance improvement initiatives that achieve superior clinical quality, favorable financial outcomes, and high patient/physician/and employee satisfaction.
- Proven ability to build positive, effective relationships and work from a position of influence with clinical and physician leaders, as well as diverse management teams to set and execute performance goals.
- Demonstrated ability to drive the implementation of strategic and annual operating plans that ensures people, systems, and processes are coordinated, integrated and aligned for optimal organizational performance.
- A proven record of developing strong relationships among key constituencies and influencers, including state and national government representatives/political leaders, diverse management teams, community organizations, local and state government officials as well as other major constituencies.
- An appreciation and understanding of the perspective of physicians; knows how to partner, collaborate and work synergistically with physicians to improve the delivery of care.
- Capable of driving successfully cultural and operational transformation which requires the ability to be sensitive to the history and the culture of an organization while still moving it forward.
- A proven ability to create and retain an exceptional leadership team recognized for collaboration, innovation, and a high level of performance.
- Strong business acumen, strategic, operational, and leadership skills developed from leading a complex organization in dynamic and competitive healthcare environments.
- A proven record of negotiating agreements and closing transactions for strategic partnerships, mergers, acquisitions; success in integrating partners culturally and programmatically.
- A demonstrated commitment to high-quality, patient-centric care driven by the needs of the community.
- A willingness to promote VHC actively and visibly within and outside of the organization, including serving in leadership roles at local, state and national levels.
Korn/Ferry shall provide equal employment opportunity to all qualified candidates, and will refer candidates without regard to race, color, religion, national origin, sex, age, disability, veteran status or any other legally protected basis.