Director, Business Development, Mount Sinai Solutions

The Director is responsible for the direction and management responsibility over business and operational activities of the assigned department, medical care unit or division.

The Mount Sinai Health System (MSHS) has created team focused on driving Commercially-insured patient volume growth across the system. In alignment with executive guidance and MSHS strategic objectives, the Director, Business Development will assess, prioritize, and execute on opportunity areas, managing both the external and internal components critical for success.  They will own the end-to-end process, from creating business plans to the initial execution and ongoing management of business opportunities, including external partnerships as appropriate.  
More specifically, they will lead the sourcing, execution, and management of external partnerships as appropriate in support of Commercial patient growth & retention. In doing so they will ensure alignment and cross-functional collaboration for the internal success of each partnership, including with leaders and their teams in Strategy, Managed Care, Marketing, Ventures, and clinical operations amongst others. 
 

•   Lead creation of opportunity areas, business plans & models, and execution of them, including external partnerships as appropriate
•   Monitor external market and competitive landscape to inform MSHS strategy & partnerships
•   Lead process to source, assess, contract, and manage key external relationships in alignment with MSHS strategy & growth objectives
•   Incubate or lead key areas related to major strategic objectives as appropriate in support of the above
•   Partner with executive and other cross-functional leadership to ensure alignment on business opportunities and internal support required for their success
•   Partner with internal business development colleagues to ensure ongoing success and scale of opportunity areas
 

• Bachelors Degree required, Masters degree preferred
• 5-7 years minimum of experience in health care finance or administration; experience in strategic planning and execution, formulating policy, building and developing financial plans, managing resources and leading successful teams
• 8-10+ years experience leading and developing ideas from inception through to scaled businesses, including writing business plans and creating financial model. 
• Experience leading deals of substantial size and complexity, including with or at Venture Capital/Private Equity-backed companies
• Extensive experience and network within health care, specifically within the provider space
• Demonstrated ability to lead teams
   

Compensation Statement

The Mount Sinai Health System (MSHS) provides a salary range to comply with the New York City Law on Salary Transparency in Job Advertisements. The salary range for this role is $140,000.00 - $261,661.20 Annually. Actual salaries depend on a variety of factors, including experience, education, and hospital need. The salary range or contractual rate listed does not include bonuses/incentive, differential pay or other forms of compensation or benefits.

, M1W - MSS Business Development - MSH, Mount Sinai Hospital

Strength Through Diversity

The Mount Sinai Health System believes that diversity, equity, and inclusion are key drivers for excellence. We share a common devotion to delivering exceptional patient care. When you join us, you become a part of Mount Sinai’s unrivaled record of achievement, education, and advancement as we revolutionize medicine together. We invite you to participate actively as a part of the Mount Sinai Health System team by:  

• Using a lens of equity in all aspects of patient care delivery, education, and research to promote policies and practices to allow opportunities for all to thrive and reach their potential.
• Serving as a role model confronting racist, sexist, or other inappropriate actions by speaking up, challenging exclusionary organizational practices, and standing side-by-side in support of colleagues who experience discrimination.
• Inspiring and fostering an environment of anti-racist behaviors among and between departments and co-workers.

At Mount Sinai, our leaders strive to learn, empower others, and embrace change to further advance equity and improve the well-being of staff, patients, and the organization.  We expect our leaders to embrace anti-racism, create a collaborative and respectful environment, and constructively disrupt the status quo to improve the system and enhance care for our patients. We work hard to create an inclusive, welcoming and nurturing work environment where all feel they are valued, belong and are able to advance professionally.

 Explore more about this opportunity and how you can help us write a new chapter in our history