[ref. e23209116] Boca Raton - Associate Director, Practice Sales & Acquisitions
Overview:
As the Associate Director, Practice Sales & Acquisitions, you’ll facilitates succession activity between departments to ensure timelines are met, quality physicians are identified, and transactions for the sale of practices are completed. Works closely with retiring physicians to ensure a successful transition of the practice
Since opening the first affiliated practice in 2000, the MDVIP membership-based personalized healthcare program now empowers over 400,000 people to reach their health and wellness goals through in-depth knowledge, expertise, and one-on-one coaching with over 1,100 of the finest primary care doctors in America.MDVIP-affiliated doctors provide the highest level of personalized health care through consultations, comprehensive screenings, and advanced testing coupled with a wellness plan devised to help manage acute and/or chronic medical needs. MDVIP-affiliated doctors utilize the latest healthcare technologies in order to advance the delivery of primary care and improve health outcomes in America.
MDVIP has consistently been recognized as a Great Place to Work® employer since 2018, (Greatplacetowork.com/certified-company/MDVIP) and was named by Fortune and Great Place to Work® as one of the 2023 Best Workplaces in Healthcare^™ This is a corporate based role.
Responsibilities:
- Works with Executive Director, Successions to develop business, financial and project plans for affiliate physician retirements.
- 1. Monitors/oversees end-to-end project planning for practice sales and acquisitions.
- Develops a business plans for member retention when an MDVIP affiliate physician retires.
- Initiates and supports transactions, such as brokering sale of practice, related to affiliate or prospect physicians.
- Coordinates Succession Affiliate/Candidate education, as needed prior to opening as an MDVIP Affiliate.
- Liaison with sales, recruitment, and other departments to ensure project plans and retirement strategies are meeting appropriate milestones and designated deadlines.
- Executes strategy to successfully negotiate succession affiliate’s physician agreements. Presents practice sale disclosures, legal documents, and business intelligence to seller’s and prospective buyers.
- Builds pricing strategies and provides recommendations for replacement physicians to support member retention during contracting negotiations.
- Performs due diligence analyses in areas including but not limited, practice financials, current contractual obligations, liabilities/risks, and operations. Prepares and presents findings and recommendations to various stakeholders.
Qualifications:
Education / Experience / Knowledge:
Bachelor’s degree from four-year college or university, preferably in the study of Business Administration, Management or Marketing, and at least eight (8) years related business experience; or equivalent combination of education and experience where two years related experience equals one year of schooling.Related experience assumes a similar role focused on selling to Primary Care Physicians, Account Management, or Physician Relations. Four years of MDVIP experience in a field-based, physician facing role may substitute for years of experience
- Must have knowledge of the inner workings of a physician’s office.
- Skilled in effectively presenting materials, concepts, and financial information to individuals or in small group presentations.
- Skilled in negotiating, selling a concept and implementing company sponsored initiatives.
- Ability to understand and analyze financial statements.
- Must possess excellent interpersonal skills.
- Physician network development/management experience highly desirable
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Prolonged periods of sitting at a desk and using hands/fingers for working on a computer.
- Specific vision abilities include close vision and the ability to adjust focus from near to far.
- Must talk and/or hear for significant periods of each day.
- Must be able to lift and/or move up to 30 pounds periodically.
- To meet business needs, this position requires the individual to regularly travel with overnight stays, by air or land, approximately 60% of their work schedule. In periods of high volume, it may exceed this amount. Employee must be able to work autonomously from a home office when not traveling.
Field based roles:
- This role requires substantial travel as identified at the time of hire. Business circumstances will require travel throughout the U.S. At no time may work be performed, or computer systems accessed, from outside of the U.S.
- Home residence is the taxable location.
- Due to substantial air travel, the home residence must be within 45 miles or 90 minutes driving distance to a large airport servicing the United States.
- Any change to the state of residence shall solely be at the discretion and approval of executive leadership.
Additional information:
At no time may work be performed, or computer systems accessed, from outside of the U.S.
Individuals hired must be able to perform essential duties satisfactorily. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
MDVIP provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.