Job Description for a Hospital CEO
A hospital CEO, or chief executive officer, is the highest-ranking member of the organization's leadership team. He oversees day-to-day operations of the hospital to ensure patients receive quality care in a cost-effective manner. (See Reference 1)
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Features
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According to the 2005 Hospital CEO Leadership Survey, top-performing CEOs have several characteristics in common. These include a solid history of building and sustaining great leadership teams, good organizational abilities and a consistent focus on key success factors. (See Reference 2)
Qualifications
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While there is no nationally accepted standard for CEO education, hospital CEOs usually have a master's degree in hospital or business administration. (See Reference 3) Typically, a CEO is promoted from within the organization. (See Reference 2)
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Role
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A great hospital CEO can articulate the organization's vision to staff, patients and the community. He serves as the moral compass and mission-keeper for the hospital, guiding it through tough times. (See Reference 2)
Considerations
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The CEO works closely with a senior leadership team that usually includes a chief nursing officer (CNO), chief medical officer (CMO) and chief financial officer (CFO). He consults with members of the medical staff and the board of trustees to develop strategic direction and major policies for the hospital. (See Reference 1)
Salary
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According to PayScale.com, the median salary for hospital CEOs in the U.S. ranges from $116,128 to $247,872 a year. (See Reference 4)
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References
Resources
- Photo Credit Image by Flickr.com, courtesy of Ben Newton
