Job Description
Align yourself with an organization that has a reputation for excellence! Cedars Sinai was awarded the National Research Corporation’s Consumer Choice Award 19 times for providing the highest-quality medical care in Los Angeles. We were also awarded the Advisory Board Company’s Workplace of the Year. This annual award recognizes hospitals and health systems nationwide that have outstanding levels of employee engagement. Join us! Discover why U.S. News & World Report has named us one of America’s Best Hospitals.
What will you be doing in this role?
Our Accelerator Department is looking for a Business Development Consultant to join their team on a full-time basis.
The Business Development Consultant is responsible for evaluating, analyzing, and making recommendations on new business development opportunities that are presented to Cedars-Sinai in the form of completed business plans. They will provide business development and planning support to the leadership across to our accelerator ventures team.
Supports accelerator venture team and is responsible for developing data analyses, market assessments and business analysis. To help early-stage companies and to assist the management staff with ensuring sound investment analysis.
Primary Duties and Responsibilities
Presentation of early-stage companies including the strategy and business plan to accelerator management to guide investment strategic decisions.
Develops complex business plans by identifying, retrieving and analyzing data, developing models and assumptions to support decisions and recommendations on strategic and business opportunities of large scope and impact to the organization; applies quantitative and qualitative data from internal and external sources to inform the business plans.
Prepares comprehensive market and trend assessments/analysis that may include demand forecasts, competitor analysis, risk assessment and research monitoring evaluation of key market trends as they are related to potential early-stage company investments.
Supports the evaluation of potential transactions for physician group and hospital affiliations and new venture opportunities.
Develops detailed financial analyses, including income statements, cash flow analysis, balance sheets, and economic valuations using standard acceptable methodologies.
Works with health system staff with implementation plans. Supports monitoring of implemented strategies and the review of business plan targets.
Provides consulting and project management support for Health System Accelerator and affiliated department leadership as needed.
Qualifications
Education:
- Bachelor’s degree in Art or Science is required
- Master’s degree in MBA, MPH, MHA or MPA preferred.
Experience and Skills:
- 2 years of planning, finance and/or business development experience in a healthcare organization or consulting origination provided service to healthcare industry required.
- Travel to conferences as a representative possible
Req ID : 8515
Working Title : Business Development Consult - Healthcare Accelerator
Department : Healthcare Accelerator
Business Entity : Cedars-Sinai Medical Center
Job Category : Strategic Plan / Business Dev
Job Specialty : Sales
Overtime Status : EXEMPT
Primary Shift : Day
Shift Duration : 8 hour
Base Pay : $87,401 - $135,470
Our compensation philosophy
We offer competitive total compensation that includes pay, benefits, and other recognition programs for our employees. The base pay range shown above takes into account the wide range of factors that are considered in making compensation decisions including knowledge/skills; relevant experience and training; education/certifications/licensure; and other business and organizational factors. This base pay range does not include our comprehensive benefits package and any incentive payments that may be applicable to this role. Pay Transparency Non Discrimination Provision (PDF) (opens in new window)
Diversity and Inclusion at Cedars-Sinai
We are caretakers and innovators committed to the pursuit of equitable healthcare. But health equity is not possible without representation. Our commitment to diversity goes beyond demographics or checking boxes. Our people must reflect the diverse identities, experiences and geographies of the communities and patients we serve – because that’s what our patients, colleagues and communities deserve. Quality Care and Research—For All, By All (opens in new window).
Cedars-Sinai is an Equal Employment Opportunity employer.
Cedars-Sinai does not unlawfully discriminate on the basis of the race, religion, color, national origin, citizenship, ancestry, physical or mental disability, legally protected medical condition (cancer-related or genetic characteristics or any genetic information), marital status, sex, gender, sexual orientation, gender identity, gender expression, pregnancy, age (40 or older), military and/or veteran status or any other basis protected by federal or state law. If you need a reasonable accommodation for any part of the employment process, please contact us by email at Applicant_Accommodation@cshs.org and let us know the nature of your request and your contact information. Requests for accommodation will be considered on a case-by-case basis. Please note that only inquiries concerning a request for reasonable accommodation will be responded to from this email address.
Cedars-Sinai will consider for employment qualified applicants with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring.
At Cedars-Sinai, we are dedicated to the safety, health and wellbeing of our patients and employees. This includes protecting our patients from communicable diseases, such as influenza (flu). For this reason, we require that all new employees receive a flu vaccine based on the seasonal availability of flu vaccine (typically during September through April each year) as a condition of employment, and annually thereafter as a condition of continued employment, subject to medical exemption or religious accommodation. For the same reason, you may also be required to receive other vaccines as a condition of employment. Cedars-Sinai reserves the right to make modifications to its required list of vaccines as required by law and/or policy. Cedars-Sinai’s AA Policy Statement (PDF) (opens in new window)
