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VP Business Development ASC

Virtua Health
United Statesfull_timeVerifiedPosted 26 Sept 2024

About the role

At Virtua Health, we exist for one reason – to better serve you. That means being here for you in all the moments that matter, striving each day to connect you to the care you need. Whether that's wellness and prevention, experienced specialists, life-changing care, or something in-between – we are your partner in health devoted to building a healthier community. 
 
If you live or work in South Jersey, exceptional care is all around. Our medical and surgical experts are among the best in the country. We assembled more than 14,000 colleagues, including over 2,850 skilled and compassionate doctors, physician assistants, and nurse practitioners equipped with the latest technologies, treatments, and techniques to provide exceptional care close to home. A Magnet-recognized health system ranked by U.S. News and World Report, we've received multiple awards for quality, safety, and outstanding work environment.

In addition to five hospitals, seven emergency departments, seven urgent care centers, and more than 280 other locations, we're committed to the well-being of the community. That means bringing life-changing resources and health services directly into our communities through our Eat Well food access program, telehealth, home health, rehabilitation, mobile screenings, paramedic programs, and convenient online scheduling. We're also affiliated with Penn Medicine for cancer and neurosciences, and the Children's Hospital of Philadelphia for pediatrics.

Location:

Lippincott - 303 Lippincott Drive

Employment Type:

Employee

Employment Classification:

Regular

Time Type:

Full time

Work Shift:

1st Shift (United States of America)

Total Weekly Hours:

40

Additional Locations:

Job Information:

Summary:
Reporting to the SVP, the VP of Business Development is responsible for developing Virtua’s strategy for ambulatory surgical and other business development activities, market intelligence and engaging potential partners. This role will evaluate, and present for consideration, ASC and other partnership opportunities working internally within Virtua and externally across the region. It will also serve as a conduit to identify other physician employment, lease, and alignment opportunities across the states of New Jersey, Delaware and Pennsylvania.  Interfacing with Virtua’s Managed Care dept. and insurers, when appropriate, to identify payer networks and strategies that will benefit Virtua’s ambulatory growth, this includes working with appropriate teams to facilitate development of a strategic business plan to reflect gross profit, revenue maximization, and determine alignment with other Virtua initiatives. Works closely with Directors of regional recruitment and operational leaders to maintain a cogent and effective recruitment process.  This position will support the addition of qualified physicians to perform cases at any of the Virtua affiliated ASC family locations and will assist with the identification of new ASC partnership opportunities. Assists with transaction documents from LOI development, definitive documents and due diligence activities. Significant travel time is part of the position responsibilities.

Position Responsibilities:

Formulates business strategies based on market research and competitor analysis. developing Virtua’s strategy for ambulatory surgical and other business development activities, market intelligence and engaging potential MSO and large group physician partners. Evaluate, and present for consideration, ASC and other partnership opportunities working internally within Virtua and externally across the region.

Develop recruitment team to implement strategy to expand ambulatory health system service lines and integration of services throughout existing and new market base. Works closely with Directors of regional recruitment and operational leaders to maintain a cogent and effective recruitment process

Provide physician recruitment assistance to contracted Virtua ASC’s. Identify prospective physician partners in the market. Identify new physician users and potential investors and present the benefits of performing procedures at the contracted Virtua ASCs. Report status of ongoing efforts to contracted ASC boards

Maintain an updated list of licensed ASCs and one room centers/practices across the state of NJ, DE, and PA. Identify top partnership prospects. Initiate contact with potential partn

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Company

Virtua Health

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