Job Description
Title: Vice President of Strategic Planning and Business Development
Reports to: Chief Executive Officer (CEO)
Effective Date: 11.2025 Revise Date: NA
Position Summary:
The Vice President of Strategic Planning and Business Development (VP-SPBD) will provide visionary leadership and strategic oversight for growth initiatives, partnerships, and business development activities within our Long-Term Acute Care Hospital (LTACH). The VP-SPBD will drive market expansion, identify new revenue opportunities, and ensure alignment of strategic initiatives with the hospital's long-term goals. This role requires a collaborative leader who can balance clinical, operational, and financial objectives while fostering sustainable growth.
Key Responsibilities:
Strategic Planning
- Lead the development and execution of the hospital's long-term strategic plan in alignment with organizational goals.
- Conduct market analysis, competitive benchmarking, and trend forecasting to identify opportunities for growth and service expansion.
- Collaborate with the executive leadership team to establish organizational priorities, goals, and performance metrics.
- Provide actionable insights and recommendations to the CEO and Board of Directors regarding strategic initiatives.
Business Development
- Identify, evaluate, and negotiate strategic partnerships, joint ventures, acquisitions, and other business opportunities.
- Build and maintain relationships with referral sources, healthcare networks, payors, and other key stakeholders.
- Lead initiatives to expand the hospital's service lines, patient volumes, and geographic reach.
- Monitor and report on business development activities, ensuring alignment with financial and operational goals.
Financial and Operational Oversight
- Collaborate with finance, operations, and clinical leadership to assess ROI and financial feasibility of growth initiatives.
- Support budgeting, forecasting, and performance analysis related to strategic initiatives.
- Ensure compliance with all regulatory and accreditation requirements while pursuing growth opportunities.
Leadership and Team Development
- Mentor and develop a high-performing strategic planning and business development team.
- Foster a culture of innovation, accountability, and results-driven performance.
- Represent the organization externally at industry events, conferences, and professional associations.
Qualifications:
- Master's degree in Healthcare Administration, Business Administration, or related field; MBA or MHA preferred.
- Minimum of 10 years of progressive experience in healthcare strategic planning, business development, or related leadership roles.
- Demonstrated success in developing and executing strategic initiatives, partnerships, or acquisitions in a hospital or post-acute care setting, preferably LTACH.
- Strong financial acumen and understanding of healthcare reimbursement models, including Medicare and Medicaid.
- Exceptional leadership, communication, and negotiation skills.
- Ability to analyze complex data and translate insights into actionable strategies.
Key Competencies:
- Strategic thinking and vision
- Market analysis and opportunity identification
- Relationship building and stakeholder management
- Financial and operational literacy
- Innovative and results-oriented leadership
Work Environment:
- Primarily office-based with regular travel to facilities, meetings, and industry events.
- Fast-paced healthcare environment requiring flexibility, adaptability, and proactive problem-solving.
