Principal, Business Strategy

Northwell Health; Manhasset (NY); On-site; USD 160,000 - 230,000; Full time

Job summary

Northwell Health is seeking a senior financial leader to oversee the financial aspects of new business opportunities and ongoing operations. The role involves evaluating initiatives focused on revenue enhancement and market share growth, while supporting the business activities of a senior Board leader.

The position requires 15+ years of relevant experience with 5+ years in leadership/management, and a Master's degree or equivalent.

Qualifications

• Master's Degree required, or equivalent combination of education and related experience.

Responsibilities

• Leads the development and ensures consensus for goals/programs that support system goals.
• Develops and articulates a long-term strategic vision for areas of responsibility.
• Develops and implements new business plans to maximize revenues; monitors progress during implementation of business plan; works with the Board in modifying business plan to maximize revenues.
• Performs budget analysis for new business initiatives; collaborates with the Board to gather, organize and analyze information related to business models for new service initiatives.
• Ensures cost analyses for services being developed; evaluates potential reimbursement from various sources.
• Assesses information from various sources to evaluate the likely financial impact of proposed new services; works with the Board to facilitate decision-making process for new initiatives.
• Identifies and evaluates opportunities to increase clinical practice volume; assists physicians with program implementation to achieve volume and revenue goals.
• Interfaces with the Board to recommend growth initiatives; evaluates the expansion of selected organization services as they relate to market share and revenue growth.
• Implements and monitors general office systems.
• Contributes through a combination of key technical expertise and technical/process leadership that regularly provides enterprise level guidance to team members. Performs related duties as required. All responsibilities noted here are considered essential functions of the job under the Americans with Disabilities Act. Duties not mentioned here, but considered related are not essential functions.

Education

Master's degree or equivalent

Job description

Job Description

Leads and plans the financial aspects of new business opportunities and on-going operations. Evaluates initiatives with specific focus on revenue enhancement and market share growth. Oversees diversified administrative/coordinative duties supporting the business activities of a senior Board leader.

Job Responsibility

• Leads the development and ensures consensus for goals/programs that support system goals.
• Develops and articulates a long-term strategic vision for areas of responsibility.
• Develops and implements new business plans to maximize revenues; monitors progress during implementation of business plan; works with the Board in modifying business plan to maximize revenues.
• Performs budget analysis for new business initiatives; collaborates with the Board to gather, organize and analyze information related to business models for new service initiatives.
• Ensures cost analyses for services being developed; evaluates potential reimbursement from various sources.
• Assesses information from various sources to evaluate the likely financial impact of proposed new services; works with the Board to facilitate decision-making process for new initiatives.
• Identifies and evaluates opportunities to increase clinical practice volume; assists physicians with program implementation to achieve volume and revenue goals.
• Interfaces with the Board to recommend growth initiatives; evaluates the expansion of selected organization services as they relate to market share and revenue growth.
• Implements and monitors general office systems.
• Contributes through a combination of key technical expertise and technical/process leadership that regularly provides enterprise level guidance to team members. Performs related duties as required. All responsibilities noted here are considered essential functions of the job under the Americans with Disabilities Act. Duties not mentioned here, but considered related are not essential functions.

Job Qualification

• Master's Degree required, or equivalent combination of education and related experience.
• 15+ years of relevant experience and 5+ years of leadership / management experience, required.
• Additional Salary Detail The salary range and/or hourly rate listed is a good faith determination of potential base compensation that may be offered to a successful applicant for this position at the time of this job advertisement and may be modified in the future. When determining a team member's base salary and/or rate, several factors may be considered as applicable (e.g., location, specialty, service line, years of relevant experience, education, credentials, negotiated contracts, budget and internal equity).

200447

Job Description

Leads and plans the financial aspects of new business opportunities and on-going operations. Evaluates initiatives with specific focus on revenue enhancement and market share growth. Oversees diversified administrative/coordinative duties supporting the business activities of a senior Board leader.