CommonSpirit Health was formed by the alignment of Catholic Health Initiatives (CHI) and Dignity Health. With more than 700 care sites across the U.S. from clinics and hospitals to home-based care and virtual care services CommonSpirit is accessible to nearly one out of every four U.S. residents. Our world needs compassion like never before. Our communities need caring and our families need protection. With our combined resources CommonSpirit is committed to building healthy communities advocating for those who are poor and vulnerable and innovating how and where healing can happen both inside our hospitals and out in the community.
Responsibilities
This is a remote position.
Leads the development, implementation and review of specific business objectives and strategic growth initiatives at the System level, both domestically and internationally, driven by the system portfolio transformation strategy and the growth strategy to bring an increasing number of internationally-based patients to receive care within our system. Leadswork streams of peers, stakeholders and senior leadership to carry out growth initiatives through organic and inorganic growth methods: mergers, acquisitions, joint ventures, and other partnership models as well as development and growth of signature services for international patients to receive virtual or direct care within our system. Develops the presentation and analysis of objective data sets that enables Regional and System executive leadership to make informed decisions to achieve strategic growth. Leads overall international and system-level strategic growth through program development and implementation as well as transaction project management, business/asset valuation, work stream prioritization, monitoring/tracking portfolio performance, and overall process leadership. This individual must possess a high-touch service orientation toward matrixed cross-functional leaders and internal customers as well as an attention to detail and ability to drive initiatives to measurable results on-time, within budget, and meeting desired objectives.
Essential Key Job Responsibilities
Initiates and engages with leadership, stakeholders and external partners to identify, facilitate, negotiate, and effectuate strategic system-level and international partnerships and transactions; lead related initiativesefficiently and with regard to performance (financial and quality), strategic value, and growth.Drives objective data extraction and reduction and performs business case analyses that enables Region and System leadership to make informed decisions and achieve strategic growth objectives.Directs and performs analyses and feasibility studies to identify opportunities, build business cases, and implications/implementation plans for programs or services.Evaluates current regional/market/international partnerships for conversion to system-level partnerships and/or scaling to other regions/marketsIn partnership with other leaders throughout the organization, coordinates the overall transaction process, including project management, due diligence, financial model review and development, presentations and
document preparation (e.g., definitive agreements, business plans, term sheets, NDAs, LOIs), and presentations.Leads business plan/memo development and coordinates with legal as required in support of the Governance Matrix approval process.Leads coordination efforts with system functional leaders throughout the growth initiative process to ensure timely execution and successful program/transaction implementation/integration.Develops and implements program development and/or transaction management playbook processes, tools, and templates in partnership with system functional leaders. Ensures a smooth transition to integration and
operations.Ensures a thorough, transparent, and disciplined due diligence process to inform transaction and integration decisions and processes.Directs supporting technical teams in the development of business intelligence dashboards for partnership portfolio analysis. Accountable for monitoring and reporting on system-wide and international partnership
portfolio performance (e.g., compliance, performance against plan, operational, financial, quality, patient experience) and continued strategic relevance to senior leadership and relevant boards.Maintains executive-level relationships with external/international partners as well as communications with CommonSpirit Health partnership board representatives.
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Qualifications
Required Education
Bachelor's degree in Business Administration or Health AdministrationMaster’s degree in Business Administration preferredRequired Experience
Minimum of five (5) years’ experience in business development, investment banking, healthcare management consulting or other transaction or partnership development experienceMinimum of three (3) years’ project management consulting or management experienceMinimum of two (2) years’ supervisory experienceMust have healthcare experienceInternational healthcare business development experience preferredStrongly prefer relevant prior experience with mergers & acquisitions, joint ventures, private equity or venture capital investmentsRequired Minimum Knowledge, Skills, Abilities and Training
Self-driven, organized, highly capable and experienced working with all levels of key stakeholders and using data from multiple sources in a fast-paced, remote environment.Strong financial and business acumen and a broad understanding of healthcare economics and regulatory environment.Understand the essential principles of the acquisition/partnership process from LOI, due diligence, fair market value and definitive agreements.Executive presence: must possess a comfort level in interacting and presenting to all levels of divisional and corporate leadership and executive teams.Experience with Google Suite (Docs, Sheets, Slides) and Microsoft Office (Excel, Word, PowerPoint).Ability to lead multi-functional groups including high level executive leadership.