Director of Business Development

4 weeks ago

Phoenix, United States Barrow Brain and Spine Full time
Job DescriptionJob Description

DO YOU HAVE WHAT IT TAKES TO BE PART OF OUR WORLD-CLASS TEAM?

At Barrow Brain and Spine, each team member is dedicated to the highest levels of performance, integrity, collaboration and commitment to patient care. These are not just words on a page, this is our culture. If you are looking for an extraordinary work environment dedicated to enhancing the lives of our patients and team members, we look forward to hearing from you

DIRECTOR OF BUSINESS DEVELOPMENT

Under the direction of the Chief Operating Officer, the Director of Business Development is a key leadership role responsible for driving the growth and expansion of our physician-owned specialty practice. This individual will develop and execute strategic initiatives to identify new business opportunities, forge partnerships, and expand market presence in the state of Arizona. The Director of Business Development will work closely with executive leadership to align business development efforts with the practice's overall strategic goals, leveraging industry insights and market trends to inform decision-making. Key responsibilities include identifying and pursuing new revenue streams, leading negotiations, and managing relationships with key stakeholders. The ideal candidate will have a strong background in healthcare, proven success in business development, and exceptional communication and leadership skills.

Responsibilities:

  • Develop and implement growth strategies to expand the practice's service offerings, market reach, and profitability.
  • Identify, establish, and maintain strong relationships with partners, physician networks, healthcare providers, payers, and other key stakeholders.
  • Drive initiatives to increase patient volume, optimize service lines, and identify additional revenue streams through new services and referral networks.
  • Lead negotiations for new business deals, partnerships, and service agreements, ensuring favorable terms that align with the practice's goals.
  • Collaborate with existing and potential physician partners and other departments to enhance business development efforts and ensure alignment with clinical objectives and overall practice goals, mission, and values.
  • Collaborate with the CFO and finance team to analyze business models, prepare budgets, and project ROI for business development initiatives.
  • Monitor and report on the performance of business development initiatives.
  • Conduct market research to identify emerging trends and competitor activities to identify new business opportunities.
  • Develop and execute strategies that strengthen the practice's brand, patient engagement, and market positioning.
  • Ensure all business development activities adhere to healthcare regulations and compliance standards, mitigating risks for the practice.

Qualifications:

  • Bachelor's degree in Business or Healthcare Administration, Marketing, or related field; Master's degree preferred.
  • Minimum of 5 years' experience in business development, preferably in the healthcare industry.
  • Proven track record of success in driving business growth.
  • Strong understanding of the healthcare market, including trends, challenges, and opportunities.
  • Strong leadership skills with the ability to motivate and mentor a team.
  • Excellent communication and interpersonal skills.
  • Strong analytical and problem-solving skills.

If you are a strategic thinker with a passion for driving business growth and have a proven track record of success in business development in the healthcare industry, we encourage you to apply for the Director of Business Development position.

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