Wake Forest Baptist Medical Center
The Administrative Fellowship is at Wake Forest Baptist Medical Center, the academic medical center of Wake Forest Baptist Health. This fellowship provides a rotational and project based opportunity for young careerists to see various aspects of healthcare administration.
Applications must be postmarked by September 20, 2013 to be considered for the 2014 - 2015 fellowship.
To gain exposure to the entire Medical Center and its subsidiaries, fellows spend about 35% of their time in rotations. Rotations are largely self-directed in accordance with the fellow’s individual learning objectives and interests. Activities may range from meeting with administrative and clinical leaders to observing surgeries and shadowing nurses to spending a day working alongside a housekeeper or a parking booth attendant. Fellows will be provided with a very broad rotation schedule, which generally indicates spending the first several months in core rotations in hospital operations, ranging from nursing to support services. These core rotations are followed by shorter rotations in all other medical center divisions and subsidiaries. These include, but are not limited to: Public Relations & Marketing, Facilities Planning & Construction, Government Relations, Finance, Human Resources, Information Services, and Strategic Planning.
To gain practical experience, fellows spend about 45% of their time completing projects. About half of the projects are assigned by the preceptor, and about half are identified by the fellows as project opportunities during rotations. Typical projects include development of business plans, provision of information for capital equipment requests, assistance with budget preparation, Press Ganey data analysis, involvement with process improvement initiatives, and participation in medical center campaigns (United Way, Heart & Stroke Walk, etc.). Fellows have flexibility to initiate participation in projects based on their specific learning objectives and interests as well as the needs of the medical center.
Fellows spend about 15 - 20% of their time in participating in leadership meetings and community initiatives to ascertain a high level understanding of the organization as well as to observe various leadership and managerial styles. Meetings include Staffing Committee, Budget Committee, Capital Equipment Committee, Leadership Rounds, and Executive Leadership Meetings. Fellows are also responsible for planning and leading leadership rounds.
Wake Forest Baptist offers administrative fellows a total compensation package including a salary, which is competitive with other Fellowship programs, insurance benefits (health, dental, and vision), and the option to contribute to our 403b retirement savings plan. Paid time off is granted for the following holidays: Fourth of July, Labor Day, Thanksgiving Day, Christmas Day, New Year’s Day and Memorial Day. Recognizing the importance of continuing education and professional development, the fellows typically are provided funding for attendance at national and state/regional meetings.
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