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Director of Operations

Phase 1 Equity
locationChicago, IL, USA
PublishedPublished: 6/14/2022
Full Time

Job Description

Job Description

The Director of Operations is a critical leadership role responsible for driving the operational and financial performance of practices for the company. This individual will ensure alignment with Phase 1 Equity’s strategic goals while providing hands-on support to practices, identifying and implementing companywide benchmarks, process improvements, and fostering a culture of operational excellence. This job is currently remote but will transition into a hybrid role in the western suburbs in the coming months. Travel requirement of 20% to 40%. Key responsibilities include:

  • Drive EBITDA growth across company’s practices by identifying opportunities, optimizing operational efficiencies, revenue streams, and cost management
  • Analyze performance metrics and implement data-driven strategies to achieve financial targets
  • Benchmark individual practice performance against regional and national standards to identify improvement opportunities
  • Conduct monthly reviews of all practices to ensure alignment on practice and company initiatives
  • Provide onsite support to practices when necessary, serving as a trusted partner to doctors, practice administrators and staff
  • Collaborate with cross-functional departments to design and implement initiatives that enhance patient satisfaction and practice productivity
  • Support the training and rollout of new initiatives, systems, and processes to ensure seamless adoption across practices
  • Assist with the integration of new practices into the company
  • Assist with human resource management (e.g., hiring, onboarding, training, evaluations, staffing levels); helps to empower leaders within the practice
  • Ensure practice compliance with licensing, continuing education, equipment servicing, and other regulatory requirements
  • Facilitate positive culture by working with local staff and leadership with relationship building and social activities
  • Serve as backup to Practice Administrators including payroll approvals as needed
  • Provides coaching and regular performance feedback to ensure partner practices consistently deliver quality care and exemplify company values
  • Serve as a mentor and leader within the company, fostering a positive, collaborative, and results-oriented environment
  • Act as a liaison between corporate leadership and practice teams, ensuring clear communication and alignment of goals

Qualifications include:

Education & Experience

  • Bachelor’s degree in business administration, healthcare management, or a related field required; MBA or equivalent advanced degree preferred
  • Minimum of 8-10 years in management with experience in multi-site operations, healthcare management, or a related field, with a proven track record of driving financial and operational success

Skills & Competencies

  • Strong financial acumen with experience in managing and growing EBITDA
  • Demonstrated ability to analyze data, benchmark performance, and develop actionable improvement strategies
  • Exceptional leadership, coaching, and communication skills
  • Adept at managing change and fostering team engagement in dynamic environments

Company DescriptionPhase 1 Equity is an orthodontic and pediatric dentistry platform that is majority owned and governed by our doctors and is a portfolio company of DuneGlass Capital. Phase 1 Equity Partners’ unique model further enhances the Company’s growth prospects. The proven structure allows doctors to own a share of the firm that invests in their practice while also taking advantage of Phase 1 Equity Partners’ significant years of operating experience, healthcare-specific private equity expertise and network of mentors and experts.

Company Description

Phase 1 Equity is an orthodontic and pediatric dentistry platform that is majority owned and governed by our doctors and is a portfolio company of DuneGlass Capital. Phase 1 Equity Partners’ unique model further enhances the Company’s growth prospects. The proven structure allows doctors to own a share of the firm that invests in their practice while also taking advantage of Phase 1 Equity Partners’ significant years of operating experience, healthcare-specific private equity expertise and network of mentors and experts.

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