Manager, New Business

Hackensack Meridian Health•Edison, NJ

11d

About The Position

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 Manager, New Business is responsible for the research and evaluation of new business strategies that bring innovation to Hackensack Meridian Health (HMH). This evaluation will include the assessment of clinical need, research of emerging trends, determining financial viability, regulatory impact and internal stakeholder champions. This position will work with internal stakeholders to develop business plans in support of new business concepts. Once new business ideas are approved, the position will assist in the project management of new business lines towards implementation.

Requirements

Bachelor's Degree in Administration, Healthcare, Development, and Technical Area of expertise.
Minimum of 5 years of experience in Planning, Consumer Industry, Health Care services development.
Excellent written and verbal communication skills.
Proficient computer skills including but not limited to Microsoft Office and Google Suite platforms.

Nice To Haves

Master's degree.

Responsibilities

Responsible for research and evaluation of new business opportunities that emerge from various pipelines such as Allspire, The Academy or other external partnerships.
Conduct evaluations of prospective opportunities - including an assessment of clinical/ operational needs within the organization.
Develop business plans to vet out the financial viability of new opportunities. This will include partnership with operational stakeholders as well as finance, IT, etc using existing HMH pathways for project intake.
Once concepts are approved by POPTAC, the Manager would identify workgroup members needed for project planning and lead the group towards implementation.
Determine outcome measurements to be associated with each new business.
Works with leadership, including Reimagine HMH, to develop a 3 year New Business Plan for HMH.
Supports strategy and regional business development efforts when requested due to Network strategic importance or bandwidth constraints.
Develops a Network dashboard and metrics to evaluate success and barriers.
Monitor disruptors and identify opportunities for partnerships.
Prepares presentation for opportunities for Executive Strategy, Strategic Planning Committee of the Board and Executive Leadership Team.
Supports new ventures until full-time executives are identified and onboarded for new businesses.
Monitors compliance with reimbursement and regulatory agency standards and requirements. Develops and maintains policies and procedures that ensure compliance and mitigate risk. Keeps abreast and is knowledgeable of applicable regulations and funding opportunities as well as standards to aid staff in achieving compliance with regulations and standards.
Partners with internal stakeholders such as Care Transformation Service leadership and Physician Enterprise leaders to develop clinically valid and financially viable new business solutions.
Schedules site visits with appropriate clinical and operation management across the hospital, clinics and call center offices as well as other participating sites as appropriate.
Works closely with Design and Construction and other contractors to ensure optimal design and room layout when appropriate.
Other duties and/or projects as assigned.
Adheres to HMH Organizational competencies and standards of behavior.