System Director Market Mergers, Acquisitions and Partnerships

Inspired by faith. Driven by innovation. Powered by humankindness. CommonSpirit Health is building a healthier future for all through its integrated health services. As one of the nation’s largest nonprofit Catholic healthcare organizations, CommonSpirit Health delivers more than 20 million patient encounters annually through more than 2,300 clinics, care sites and 137 hospital-based locations, in addition to its home-based services and virtual care offerings. CommonSpirit has more than 157,000 employees, 45,000 nurses and 25,000 physicians and advanced practice providers across 24 states and contributes more than $4.2 billion annually in charity care, community benefits and unreimbursed government programs. Together with our patients, physicians, partners, and communities, we are creating a more just, equitable, and innovative healthcare delivery system.

This a remote position. 

Leads the development, implementation and review of specific business objectives and strategic inorganic growth initiatives at the market and/or regional levels to implement the strategic growth and development of markets driven by
their market strategy. Leads work streams of peers, stakeholders and senior leadership to carry out transactions through inorganic growth methods: mergers, acquisitions, joint ventures, and other partnership models. Develops the
presentation and analysis of objective data sets that enables Regional and System executive leadership to make informed decisions to achieve strategic growth. Leads overall transaction project management, business/asset valuation,
work stream prioritization, monitoring/tracking portfolio performance, and overall process leadership. This individual must possess a high-touch service orientation toward matrixed cross-functional leaders and internal customers as well
as an attention to detail and ability to drive initiatives to measurable results on-time, within budget, and meeting desired objectives.

Essential Key Job Responsibilities

• Initiates and engages with leadership, stakeholders and external partners to identify, facilitate, negotiate, and effectuate strategic regional and/or market-level partnerships and transactions; lead related initiatives efficiently and with regard to performance (financial and quality), strategic value, and growth.
• Drives objective data extraction and reduction and performs business case analyses that enables Region and System leadership to make informed decisions and achieve strategic growth objectives.
• Directs and performs analyses and feasibility studies to identify opportunities and implications for programs or services.
• In partnership with cross-functional leaders across the organization, leads the overall transaction process, including project management, due diligence, financial model review and development, presentations and document preparation (e.g., definitive agreements, business plans, term sheets, NDAs, LOIs), and presentations.
• Leads business plan/memo development and coordinates with legal as required in support of the Governance Matrix approval process.
• Leads coordination efforts with system functional leaders throughout the growth initiative process to ensure timely execution of key tasks.
• Develops and implements transaction management playbook processes, tools, and templates in partnership with system functional leaders. Ensures a smooth transition to integration and operations.
• Ensures a thorough, transparent, and disciplined due diligence process to inform transaction and integration decisions and processes.
• Directs supporting technical teams in the development of business intelligence dashboards for partnership portfolio analysis. Accountable for monitoring and reporting on system-wide partnership portfolio performance (e.g., compliance, performance against plan, operational, financial, quality, patient experience) and continued strategic relevance.
• Maintains executive-level relationships with external partners as well as communications with CommonSpirit Health joint venture board representatives.

Required Education

• Bachelor's degree in Business Administration or Health Administration
• Master’s degree in Business Administration preferred

Required Experience

• Minimum of five (5) years’ experience in business development, investment banking, healthcare management consulting or strategic planning
• Minimum of three (3) years’ project management consulting or management experience
• Minimum of two (2) years’ supervisory experience
• Must have healthcare experience
• Strongly prefer relevant prior experience with mergers & acquisitions, joint ventures, private equity or venture capital investments

Required Minimum Knowledge, Skills and Abilities

• Self-driven, organized, highly capable and experienced working with all levels of key stakeholders and using data from multiple sources in a fast-paced, remote environment.
• Strong financial and business acumen and a broad understanding of healthcare economics and regulatory environment.
• Understand the essential principles of the acquisition/partnership process from LOI, due diligence, fair market value and definitive agreements.
• Executive presence: must possess a comfort level in interacting and presenting to all levels of divisional and corporate leadership and executive teams.
• Experience with Google Suite (Docs, Sheets, Slides) and Microsoft Office (Excel, Word, PowerPoint).
• Ability to lead multi-functional groups including high level executive leadership.