Mount Sinai Health System
Director, Business Development, Mount Sinai Solutions
Mount Sinai Health System, New York, New York, us, 10261
Job Description
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.
Qualifications
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
, M1W - MSS Business Development - MSH, Mount Sinai Hospital
Responsibilities
• 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
About Us
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!
“About the Mount Sinai Health System:
Mount Sinai Health System is one of the largest academic medical systems in the New York metro area, with more than 43,000 employees working across eight hospitals, more than 400 outpatient practices, more than 300 labs, a school of nursing, and a leading school of medicine and graduate education. Mount Sinai advances health for all people, everywhere, by taking on the most complex health care challenges of our time — discovering and applying new scientific learning and knowledge; developing safer, more effective treatments; educating the next generation of medical leaders and innovators; and supporting local communities by delivering high-quality care to all who need it. Through the integration of its hospitals, labs, and schools, Mount Sinai offers comprehensive health care solutions from birth through geriatrics, leveraging innovative approaches such as artificial intelligence and informatics while keeping patients’ medical and emotional needs at the center of all treatment. The Health System includes approximately 7,400 primary and specialty care physicians; 13 joint-venture outpatient surgery centers throughout the five boroughs of New York City, Westchester, Long Island, and Florida; and more than 30 affiliated community health centers. We are consistently ranked by U.S. News & World Report's Best Hospitals, receiving high "Honor Roll" status, and are highly ranked: No. 1 in Geriatrics and top 20 in Cardiology/Heart Surgery, Diabetes/Endocrinology, Gastroenterology/GI Surgery, Neurology/Neurosurgery, Orthopedics, Pulmonology/Lung Surgery, Rehabilitation, and Urology. New York Eye and Ear Infirmary of Mount Sinai is ranked No. 12 in Ophthalmology. U.S. News & World Report’s “Best Children’s Hospitals” ranks Mount Sinai Kravis Children's Hospital among the country’s best in several pediatric specialties. The Icahn School of Medicine at Mount Sinai is ranked No. 14 nationwide in National Institutes of Health funding and in the 99th percentile in research dollars per investigator according to the Association of American Medical Colleges. Newsweek’s “The World’s Best Smart Hospitals” ranks The Mount Sinai Hospital as No. 1 in New York and in the top five globally, and Mount Sinai Morningside in the top 20 globally.
The Mount Sinai Health System is an equal opportunity employer. We comply with applicable Federal civil rights laws and does not discriminate, exclude, or treat people differently on the basis of race, color, national origin, age, religion, disability, sex, sexual orientation, gender identity, or gender expression. We are passionately committed to addressing racism and its effects on our faculty, staff, students, trainees, patients, visitors, and the communities we serve. Our goal is for Mount Sinai to become an anti-racist health care and learning institution that intentionally addresses structural racism.”
EOE Minorities/Women/Disabled/Veterans
Compensation Statement
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 the role is $140000 - $272127.65 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.
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.
Qualifications
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
, M1W - MSS Business Development - MSH, Mount Sinai Hospital
Responsibilities
• 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
About Us
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!
“About the Mount Sinai Health System:
Mount Sinai Health System is one of the largest academic medical systems in the New York metro area, with more than 43,000 employees working across eight hospitals, more than 400 outpatient practices, more than 300 labs, a school of nursing, and a leading school of medicine and graduate education. Mount Sinai advances health for all people, everywhere, by taking on the most complex health care challenges of our time — discovering and applying new scientific learning and knowledge; developing safer, more effective treatments; educating the next generation of medical leaders and innovators; and supporting local communities by delivering high-quality care to all who need it. Through the integration of its hospitals, labs, and schools, Mount Sinai offers comprehensive health care solutions from birth through geriatrics, leveraging innovative approaches such as artificial intelligence and informatics while keeping patients’ medical and emotional needs at the center of all treatment. The Health System includes approximately 7,400 primary and specialty care physicians; 13 joint-venture outpatient surgery centers throughout the five boroughs of New York City, Westchester, Long Island, and Florida; and more than 30 affiliated community health centers. We are consistently ranked by U.S. News & World Report's Best Hospitals, receiving high "Honor Roll" status, and are highly ranked: No. 1 in Geriatrics and top 20 in Cardiology/Heart Surgery, Diabetes/Endocrinology, Gastroenterology/GI Surgery, Neurology/Neurosurgery, Orthopedics, Pulmonology/Lung Surgery, Rehabilitation, and Urology. New York Eye and Ear Infirmary of Mount Sinai is ranked No. 12 in Ophthalmology. U.S. News & World Report’s “Best Children’s Hospitals” ranks Mount Sinai Kravis Children's Hospital among the country’s best in several pediatric specialties. The Icahn School of Medicine at Mount Sinai is ranked No. 14 nationwide in National Institutes of Health funding and in the 99th percentile in research dollars per investigator according to the Association of American Medical Colleges. Newsweek’s “The World’s Best Smart Hospitals” ranks The Mount Sinai Hospital as No. 1 in New York and in the top five globally, and Mount Sinai Morningside in the top 20 globally.
The Mount Sinai Health System is an equal opportunity employer. We comply with applicable Federal civil rights laws and does not discriminate, exclude, or treat people differently on the basis of race, color, national origin, age, religion, disability, sex, sexual orientation, gender identity, or gender expression. We are passionately committed to addressing racism and its effects on our faculty, staff, students, trainees, patients, visitors, and the communities we serve. Our goal is for Mount Sinai to become an anti-racist health care and learning institution that intentionally addresses structural racism.”
EOE Minorities/Women/Disabled/Veterans
Compensation Statement
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 the role is $140000 - $272127.65 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.