Demo

CEO In Training

Pennant Services
Stamford, CT Full Time
POSTED ON 1/17/2025
AVAILABLE BEFORE 4/7/2025

Pennant is currently seeking an innovative, proven leader who shares a passion for building, leading, and growing exceptional teams in the Home Health Hospice industryWe are looking to develop entrepreneurial spirited leaders who appreciate the backing of an industry leading company, and mentorship from successful leaders who are simultaneously building their own companies within Pennant. If you are seeking an opportunity to create, innovate and lead your own company with our support, then we have the right opportunity for you!

About the Company

Pennant Services is one of the most dynamic and progressive companies in the rapidly expanding senior living, home health, hospice, and home care industries. Affiliates of Pennant Services now operate more than 104 senior living, home health, hospice, physician services, and home care operations across 14 Western states and we are growing! These operations have no corporate headquarters or traditional management hierarchy. Instead, they operate independently with support from the "Service Center," a world-class service team that provides the centralized clinical, legal, risk management, HR, training, accounting, IT and other resources necessary to allow on-site leaders and caregivers to focus squarely on day-to-day care and business issues in their individual agencies.

Something else that sets us apart from other companies is the quality of our most valuable resources - our people! We are dedicated to living out our culture as defined by our core values, "CAPLICO" :

C ustomer Second

A ccountability

P assion for Learning

L ove One Another

I ntelligent Risk Taking

C elebrate

O wnership

By incorporating these principles at all levels of our organization, our employees feel valued and excited about their impact on our service center team members and operational partners. Our culture fosters excellence both personally and professionally and promotes development that leads to continued success.

About the Opportunity

The CEO-In-Training (CIT) role is intended to prepare proven leaders for an executive Director position, overseeing a Pennant affiliated company (owned by Pennant Group). The CIT Program is a full time, paid executive training program that runs approx. 6-12 weeks, depending on level of experience and industry knowledge. Upon demonstrating competence and core values, CITs are selected to lead a local company, with the support of peers leading their own Pennant-affiliated companies.

CIT's receive practical on-the-job training in an operational environment under the direct supervision of an experienced Executive Director / CEO. In preparation to become an Executive Director, CIT's will be mentored by several proven leaders to gain a thorough understanding of our culture and core values, operating models, systems and what it will take to be a successful leader of a Pennant-affiliated company. The CIT program will consist of hands-on training in all roles within an operation, shadowing clinicians to learn our clinical product, administrative staff to learn the business model, and independent study of regulations and specific curriculum focused on becoming an exceptional operator. In addition, CITs are expected to take on projects and real responsibilities at their host operation and encouraged to identify opportunities and solutions as they master the fundamentals of our business.

Duties and Responsibilities

  • The CIT will use the CIT Competency Checklist to assess strengths and weaknesses to determine their objectives.
  • Meet with their preceptor (Executive Director) weekly to review CIT Competency Checklist progress.
  • Become acquainted with each member of the leadership team and communicate needs and opportunities regularly.
  • Observe each position within the company to gain an understanding of each person's role, responsibilities and best practices.
  • Attend and engage in quarterly Boot Camp training(s).
  • Attend and engage in weekly New Leader phone calls.
  • Attend and engage in cluster calls.
  • Demonstrate an ability to give and receive feedback, acting within Pennant Group core values.
  • Demonstrate an ability to act and lead within Pennant Group core values.
  • Demonstrate an ability to perform competent financial controls, including but not limited to P&L Management, Cost Management, Accounts Receivable, etc.
  • Demonstrate an ability to perform competent clinical controls, including but not limited to Quality and star rating, CAHPS, workflow, QAPI, etc.
  • Demonstrate an ability to perform representation in the community and earn business.
  • Gain understanding of EHR systems and reports to include HCHB, SHP, Knowledgelink, etc.

The above statements are only meant to be a representative summary of the major duties and responsibilities performed by incumbents of this job. The incumbents may be requested to perform job-related tasks other than those stated in this description.

Qualifications

  • 3-5 years proven leadership experience demonstrating successful results, required.
  • Bachelor's Degree preferred - MBA / MHA a plus.
  • Ability to pass state requires licensing exam (requirement varies by state)
  • Additional Information

    We are committed to providing a competitive Total Rewards Package that meets our employee's needs.

    From a choice of medical, dental and vision plans to retirement savings opportunities through a 401(k), company match and various other features, we offer a comprehensive benefits package. We believe in great work and we celebrate our employees' efforts and accomplishments both locally and companywide, recognizing people daily through our Moments of Truth Program. In addition to recognition, we believe in supporting our employees' professional growth and development. We provide employees a wide range of free e-courses through our Learning Management System as well as training sessions and seminars.

    Compensation : Based on experience.

    Type : Full Time

    About The Pennant Group

    We are proud to be affiliated with the Pennant Group, Inc. (NASDAQ : PNTG). Pennant was created in 2019 in connection with The Ensign Group, Inc.'s (NASDAQ : ENSG) spin-off of its home health, hospice, and senior living businesses. Ensign was formed in 1999 with the goal of establishing a new level of quality care within the skilled nursing industry. The name "Ensign" is synonymous with a "flag" or a "standard," and refers to Ensign's goal of setting the standard by which all others in its industry are measured. The name "Pennant" draws on similar imagery and themes to represent our mission of becoming the "Ensign" to the home health, hospice and senior living industries. We believe that through our innovative operating model, we can foster a new level of patient care and professional competence at our independent operating subsidiaries and set a new industry standard for quality home health and hospice and senior living services. You can learn more about The Pennant Group at www.pennantgroup.com

    The employer for this position is stated in the job posting. The Pennant Group, Inc. is a holding company of independent operating subsidiaries that provide healthcare services through home health and hospice agencies and senior living communities located throughout the US. Each of these businesses is operated by a separate, independent operating subsidiary that has its own management, employees and assets. More information about The Pennant Group, Inc. is available at http : / / www.pennantgroup.com.

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