Jobs · Business Development · New Jersey

Vice President, Strategy

Hackensack Meridian Health · Hackensack, NJ · 4 days ago
Business Development$277k/yrFull-time

Our team members are the heart of what makes us better. At Hackensack Meridian Health, we help our patients live better, healthier lives — and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. It’s also about how we support one another and how we show up for our community. Together, we keep getting better - advancing our mission to transform healthcare and serve as a leader of positive change.

About the role

The Vice President, Strategy is responsible for supporting the development and execution of HMH strategies—including growth, positioning, and implementation of strategy across the network hospitals, medical groups, and external groups served in HMH's markets. The VP will manage strategic planning engagements with a focus on retail strategy development and organize and oversee same-site growth through acquisition of new patients, physician engagement, clinical program development, and expansion. The VP will also monitor the regional competitive environment and co-develop and report on local market metrics and targets for growth, strategic positioning, and physician alignment and recruitment. The position reports to the Senior Vice President, Strategy and Business Development, and collaborates with hospital presidents, key leadership, physician enterprise executives, and HMH joint venture partners.

Responsibilities

  • Support the development of overall strategy, including a significant role in HMH market and facility-based strategic planning.
  • Lead key work streams of the overall strategic and business planning processes and develop and oversee systems/reporting/processes that advance optimal use of analytical resources to inform strategy and key business decisions.
  • Review strategic initiatives and service line development strategies, working with Finance to leverage financial analysis and decision support metrics.
  • Manage strategic planning engagements with a focus on retail strategy development.
  • Align Hospital strategic planning processes with system-wide strategic planning processes.
  • Support ambulatory strategy formulation and organize ambulatory development implementation initiatives across HMH hospital/Hub regions.
  • Organize and align strategy/Business Development initiatives (ambulatory, Network, Physician Enterprise).
  • Co-develop and report on local market metrics and targets for growth, strategic positioning, and physician alignment-recruitment.
  • Monitor the local region competitive environment, including messaging and co-developing competitive positioning, market conditions, competitor actions, pace of change, and local trend analysis.
  • Supervise, mentor, and support select strategy staff/associates on the strategic planning team.

Essential capabilities include: the ability to develop and lead teams, analyze complex situations and information, communicate effectively, manage diverse constituencies, provide strategic leadership, and effectively collaborate with support staff and physicians.

Requirements

  • Master's degree.
  • 7-10 years of healthcare industry experience or equivalent strategy work in other healthcare sectors or industries.

Preferred Qualifications

  • Project management experience.
  • Hospital affiliation/partnership integration experience.
  • Experience working with medical staff and hospital leadership.
  • Management experience.
  • Budget experience.

Pay

Minimum rate of $276,640 annually. HMH is committed to pay equity and transparency. The posted rate of pay is a reasonable good-faith estimate of the minimum base pay for this role and does not reflect the full value of our market-competitive total rewards package. The starting rate of pay may vary based on labor market data, experience, education, skills, geographic location, internal equity, budget, and grant funding.

Benefits

In addition to compensation, HMH offers a comprehensive benefits package for full-time and part-time (20+ hours/week) job positions, including:

  • Health, dental, and vision coverage.
  • Paid leave.
  • Tuition reimbursement.
  • Retirement benefits.
  • Eligibility for performance-based incentives, bonuses, or commissions (not reflected in the starting rate).
  • Shift differentials for work performed on evening, night, or weekend shifts (for eligible positions).

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