Vice President, Strategy

Overview

Our team members are the heart of what makes us better.

At Hackensack Meridian Health we help our patients live better, healthier lives — and we help one another to succeed. With a culture rooted in connection and collaboration, our employees are team members. Here, competitive benefits are just the beginning. It’s also about how we support one another and how we show up for our community.

Together, we keep getting better - advancing our mission to transform healthcare and serve as a leader of positive change.

The Vice President, Strategy is responsible for supporting the development and execution of HMH strategies- including growth, positioning and implementation of strategy across the network hospitals, medical groups and external groups served in HMH's markets. The VP will manage strategic planning engagements with a focus on retail strategy development and organize and oversee same site growth through acquisition of new patients, physician engagement, clinical program development and expansion. The VP will also monitor the regional competitive environment and co-develop and report on local market metrics and targets for growth, strategic positioning and physician alignment and recruitment. The position will report to the Senior Vice President, Strategy and Business Development, and collaborate with hospital presidents and key leadership, physician enterprise executives and HMH joint venture partners.

Responsibilities

A day in the life of a Vice President, Strategy at Hackensack Meridian Health includes:

• Responsible for supporting the development of overall strategy, including a significant role in HMH market and facility based strategic planning.


• Responsible for leading key work streams of the overall strategic and business planning processes and developing and overseeing systems/reporting/processes that advance optimal use of analytical resources to inform strategy and key business decisions.


• Review strategic initiatives and service line development strategies, working with Finance to leverage financial analysis and decision support metrics.


• Manage strategic planning engagements with a focus on retail strategy development.


• Alignment of Hospital strategic planning processes with system-wide strategic planning processes.


• Support ambulatory strategy formulation and organize ambulatory development implementation initiatives across HMH hospital/Hub regions.


• Organization and alignment of strategy/ BD initiatives (ambulatory, Network, Physician Enterprise).


• Co-develops and reports on local market metrics and targets for growth, strategic positioning and physician alignment-recruitment.


• Monitoring local Region competitive environment, including messaging and co-developing competitive positioning, market conditions, competitor actions, pace of change and local trend analysis.


• Supervise, mentor, and support select strategy staff/associates on the strategic planning team.


• Essential capabilities include: the ability to develop and lead teams, analyze complex situations and information, communicate effectively, manage diverse constituencies, provide strategic leadership, effectively collaborate with support staff and physicians is critical to successful execution in this role.

Qualifications

Education, Knowledge, Skills and Abilities Required:

• Master's degree.


• 7-10 years of health care industry experience or equivalent strategy work in other HC sectors or industries.

Education, Knowledge, Skills and Abilities Preferred:

• Project management experience.


• Hospital affiliation/partnership integration experience.


• Experience working with medical staff and hospital leadership.


• Management experience.


• Budget experience.

Starting Minimum Rate

Minimum rate of $276,640 Annually

Job Posting Disclosure

HMH is committed to pay equity and transparency for our team members. The posted rate of pay in this job posting is a reasonable good faith estimate of the minimum base pay for this role at the time of posting in accordance with the New Jersey Pay Transparency Act and does not reflect the full value of our market-competitive total rewards package. The starting rate of pay is provided for informational purposes only and is not a guarantee of a specific offer. Posted hourly rates may be stated as an annual salary in the offer and posted annual salaries may be stated as an hourly rate in the offer, depending on the level and nature of the job duties and credentials of the candidate. The base compensation determined at the time of the offer may be different than the posted rate of pay based on a number of non-discriminatory factors, including but not limited to: Labor Market Data: Compensation is benchmarked against market data to ensure competitiveness. Experience: Years of relevant work experience. Education and Certifications: Level of education attained, including specialized certifications, credentials, completed apprenticeship programs or advanced training. Skills: Demonstrated proficiency in relevant skills and competencies. Geographic Location: Cost of living and market rates for the specific location. Internal Equity: Compensation is determined in a manner consistent with compensation ranges for similar roles within the organization. Budget and Grant Funding: Departmental budgets and any grant funding associated with the job position may impact the pay that can be offered. Some jobs may also be eligible for performance-based incentives, bonuses, or commissions not reflected in the starting rate. Certain positions may also be eligible for shift differentials for work performed on evening, night, or weekend shifts. In addition to our compensation for full-time and part-time (20+ hours/week) job positions, HMH offers a comprehensive benefits package, including health, dental, vision, paid leave, tuition reimbursement, and retirement benefits.