Northwell Health AVP, New Business Development: Clinical Joint Ventures in Manhasset, New York
Req Number 001X7S
Job Category Finance
The Assistant Vice President of New Business Development will have the unique opportunity to contribute to the health system's success by directing, planning and organizing financial aspects of new business opportunities and on-going operations. In this role, you will evaluate initiatives with specific focus on revenue enhancement and market share growth.
Responsibilities include :
- Develops and implements new business plans to maximize FPP's revenues.
- Monitors FPP's progress during implementation of business plan. Works with Executive Management in modifying business plan to maximize revenues.
Performs budget analysis for new business initiatives.
Collaborates with department administrators, medical staff, financial analysts, and others to gather, organize and analyze information related to business models for new service initiatives.
Ensures cost analyses for services being developed; and evaluates potential reimbursement from government and private sources.
Assesses information from various sources to evaluate the likely financial impact of proposed new services.
- Identifies and evaluates opportunities to increase clinical practice volume; assists physicians with program implementation to achieve volume and revenue goals.
Recognizes program expansion opportunities. Consistently assists physicians with questions concerning the financial components of their practices. Monitors program implementations to ensure that they are achieving expected volume and revenue goals.
Works with senior management to facilitate decision-making process for new initiatives.
Interfaces with senior management to recommend growth initiatives.
- Evaluates the expansion of selected health system services as they relate to market share and revenue growth.
Integrates information from health system Finance and Strategic Planning to evaluate the health system's market position and possible opportunities for improvement.
Evaluates new projects based on their projected impact on Health System operations, financial standing, and market position.
Master's Degree in Business Administration, Healthcare Administration or related field, required.
Minimum of seven (7) years experience in health care operations, business development or finance, including supervisory experience, required.
Transforming care, optimizing patient satisfaction and creating better patient outcomes are just some of the things our talented team members are doing at Northwell Health each and every day. As a culture committed to providing our customers with the highest quality service, we stand behind our core values: Patients first; Caring; Excellence; Innovation; Integrity and Teamwork. It is our commitment and our culture that sets us apart from others and is the cornerstone of everything we do. Join an organization whose team members are valued, cared for and offered continuous opportunities to grow.
Please note: Northwell Health is a smoke-free environment. Smoking and the use of tobacco products is strictly prohibited anywhere on campus, including parking lots and outdoor areas on the premises. Free smoking cessation programs and quit medications are offered to team members who wish to quit through the Northwell Center for Tobacco Control.