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At Cedars-Sinai, we're motivated by a collective spirit of innovation and the challenge to continuously improve. Above all, we share a real passion for helping others. Day after day, from department to department, our people give their all to create a community unlike any other. This is just one of the many reasons U.S. News & World Report has named us one of America?s Best Hospitals. Join us! Make a difference every single day in service of this outstanding work - excellence and innovation in patient care, research, and community service. From working with a team of dedicated professionals to using state-of-the-art facilities, you?ll have great resources to do something incredible-for yourself, and for others.
What you will be doing in this role:
The Senior Associate, Strategy is responsible for evaluating, analyzing, and making recommendations on strategy and complex business development opportunities. Reporting to the Director, Strategy, the Senior Associate provides strategy, planning, and business development support to the leadership across the Health System. Assists leadership with ensuring quality and consistency of business plans and work products presented to senior leadership. Duties include:
Develops, facilitates, and presents project deliverables, including strategy and business plans to Health System partners, to guide strategic and business decisions. This includes supporting cross-functional project groups which may include Health System leadership, clinical departments, and the Medical Network.
Develops complex business plans by identifying, retrieving and analyzing data, developing models and assumptions to support decisions and recommendations on strategic and business opportunities of large scope and impact to the organization. Uses quantitative and qualitative data from internal and external sources to inform the business plans.
Prepares and defines comprehensive market and trend assessments/analyses that may include demand forecasts, competitor analyses, risk assessments, and the research, monitoring, evaluation of key market trends.
Supports the evaluation of potential transactions for physician group and hospital affiliations and new venture opportunities.
Works with Health System staff and leadership to convert strategy and business plans into implementation plans. Supports monitoring of implemented strategies and the review of business plan targets.
Evaluates operational needs for Health System growth initiatives (e.g., program development, new services, and technology) in collaboration with operations leadership. This includes facility planning, staffing requirements, capital needs and capacity analyses.
Develops detailed financial analyses, including income statements, cash flow analysis and balance sheets, as well as economic valuations using standard acceptable methodologies
Provides consulting and project management support for Health System leadership, clinical departments and the Medical Network as needed.
Is responsible for the facilitation and presentation of completed business plans to clients to consult, guide and influence business leaders on business development opportunities; including lead and/or facilitate cross functional project groups, which could include senior leadership in the organization.
Evaluates, analyzes and develops recommendations on strategy and business opportunities for Cedars-Sinai Health System. Supports Health System collaborators and is responsible for leading data analyses, market assessments, business plan development, and strategic planning initiatives. This position assists Strategy management and staff with ensuring quality and consistency of deliverables and helps to supervise Strategy staff on assigned projects.
Qualifications
Requirements:
Bachelor's degree in business administration, economics, finance or a related field required. Master's degree in business administration, public health, public administration or related field preferred.
A minimum of 4 years of experience in planning, finance, or business development experience in a healthcare organization or consulting organization providing services to the healthcare industry or equivalent experience required.
Why work here?
Beyond outstanding employee benefits including health and dental insurance, paid vacation, and a 403(b), we take pride in hiring the best, most passionate employees. Our accomplished staff reflects the culturally and ethnically diverse community we serve. They are proof of our commitment to creating a dynamic, inclusive environment that fuels innovation.
Req ID : 13613 Working Title : Senior Associate, Strategy Department : Strategy Market & Affiliates Business Entity : Cedars-Sinai Medical Center Job Category : Strategic Plan / Business Dev Job Specialty : Strategic Planning Overtime Status : EXEMPT Primary Shift : Day Shift Duration : 8 hour Base Pay : $107,120.00 - $171,392.00
Providing healthcare for more than 100 years, Cedars-Sinai has evolved into one of the most dynamic and highly renowned medical centers in the world. Along with caring for patients, Cedars-Sinai is a hub for biomedical research and a training center for future physicians and other healthcare professionals. This attracts exceptional talent to Cedars-Sinai, including world-renowned physician-scientists who seek a place where they can both conduct research and see patients--the ideal formula for discovery and its translation into cures. Our patients benefit from access to doctors at the top of their fields, and our researchers have an ideal community in which to study the impact of healthcare challenges, and reflect that knowledge in their research. The greater Los Angeles area in which Cedars-Sinai resides possesses unparalleled cultural and ethnic diversity which offers outstanding opportunities for translational and clinical research and a dynamic environment for medical education.Although community based, Cedars-Sinai is a major teaching hospital affiliated with the David Geffen School of Medicine at the University of California, Los Angeles (UCLA). Cedars-Sinai has highly competi...tive graduate medical education programs in more than 50 specialty and subspecialty areas, a graduate program in biomedical sciences and translational medicine, a clinical scholars program directed towards junior physicians with aspirations to become clinical scientists, and post graduate training opportunities.There are more than 250 full-time faculty members at Cedars-Sinai. The voluntary medical staff, comprised of more than 2,200 specialty board-certified or board-qualified physicians, represent all of the specialties and subspecialties and collaborate with full-time medical staff in the teaching responsibilities of the graduate medical education programs.