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Strategy Associate
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 also were 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. We offer an outstanding benefits package that includes health care, paid time off, and a 403(B). 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?
The Senior Associate, Strategy 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 the Health System.
Strategy Department:
The Strategy Associate evaluates, analyzes, and develops recommendations on strategy and business opportunities for Cedars-Sinai Health System. The Strategy Associate supports Health System partners and is responsible for developing data analyses, market assessments, business and strategic plans. This position assists System Development management and staff with ensuring quality and consistency of deliverables. Duties include:
- Supports the development, facilitation, and presentation of project deliverables, including strategy and business plans to Health System collaborators, to guide strategic and business 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; uses quantitative and qualitative data from internal and external sources to inform the business plans.
- Prepares comprehensive market and trend assessments/analyses that may include demand forecasts, competitor analyses, risk assessments, and the research, monitoring, and evaluation of key market trends.
- Evaluates operational needs for Health System growth initiatives (e.g., program development, new services and technology) in collaboration with operations leadership; includes facility planning, staffing requirements, capital needs and capacity analyses.
- Supports the evaluation of potential transactions for physician groups and hospital affiliations and new venture opportunities.
- Develops detailed financial analyses, including income statements, cash flow analysis and balance sheets, and economic valuations using standard acceptable methodologies.
- Works with Health System staff and leadership to convert strategy and business plans into implementation plans; supports monitoring of implemented strategies and the review of business plan targets.
- Provides consulting and project management support for Health System leadership, clinical departments and the Medical Network as needed.
Qualifications
Requirements:
Bachelor’s degree required. MBA, MPH, MHA, or MPA preferred. Course work should include planning, finance, marketing, accounting, information systems and business strategy.
A minimum of 2 years of experience planning, finance, strategy and/or business development experience in a healthcare organization or consulting organization providing services to the healthcare industry; or equivalent experience.
Why work here?
Beyond outstanding employee benefits we take pride in hiring the best employees. Our accomplished and compassionate staff reflects the culturally and ethnically diverse community we serve. They are proof of our dedication to creating a dynamic, inclusive environment that fuels innovation.
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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.
Our compensation philosophy
We offer a competitive compensation package for our employees. The base pay range shown generally applies to the greater Los Angeles area and may vary based on work location. Our range 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. The base pay range does not include any incentive payments that may be applicable to a role. Pay Transparency Non-Discrimination Provision (PDF) .
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.
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