Principal, Business Strategy

Northwell Health

About The Position

Leads and plans the financial aspects of new business opportunities and on-going operations. Evaluates initiatives with specific focus on revenue enhancement and market share growth. Oversees diversified administrative/coordinative duties supporting the business activities of a senior Board leader.

Requirements

  • Master's Degree required, or equivalent combination of education and related experience.
  • 15+ years of relevant experience and 5+ years of leadership / management experience, required.

Responsibilities

  • Leads the development and ensures consensus for goals/programs that support system goals.
  • Develops and articulates a long-term strategic vision for areas of responsibility.
  • Develops and implements new business plans to maximize revenues; monitors progress during implementation of business plan; works with the Board in modifying business plan to maximize revenues.
  • Performs budget analysis for new business initiatives; collaborates with the Board to gather, organize and analyze information related to business models for new service initiatives.
  • Ensures cost analyses for services being developed; evaluates potential reimbursement from various sources.
  • Assesses information from various sources to evaluate the likely financial impact of proposed new services; works with the Board to facilitate decision-making process for new initiatives.
  • Identifies and evaluates opportunities to increase clinical practice volume; assists physicians with program implementation to achieve volume and revenue goals.
  • Interfaces with the Board to recommend growth initiatives; evaluates the expansion of selected organization services as they relate to market share and revenue growth.
  • Implements and monitors general office systems.
  • Contributes through a combination of key technical expertise and technical/process leadership that regularly provides enterprise level guidance to team members.
  • Performs related duties as required.
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