LEGACY HEALTHCARE MANAGEMENT
Job Description
Title: Vice President of Strategic Planning and Business Development
Reports to: Chief Executive Officer (CEO)
Effective Date: 11.2025 Revise Date: NA
Position Summary:
The Vice President of Strategic Planning and Business Development (VP-SPBD) will provide visionary leadership and strategic oversight for growth initiatives, partnerships, and business development activities within our Long-Term Acute Care Hospital (LTACH). The VP-SPBD will drive market expansion, identify new revenue opportunities, and ensure alignment of strategic initiatives with the hospital’s long-term goals. This role requires a collaborative leader who can balance clinical, operational, and financial objectives while fostering sustainable growth.
Key Responsibilities:
Strategic Planning
Lead the development and execution of the hospital’s long-term strategic plan in alignment with organizational goals.
Conduct market analysis, competitive benchmarking, and trend forecasting to identify opportunities for growth and service expansion.
Collaborate with the executive leadership team to establish organizational priorities, goals, and performance metrics.
Provide actionable insights and recommendations to the CEO and Board of Directors regarding strategic initiatives.
Business Development
Identify, evaluate, and negotiate strategic partnerships, joint ventures, acquisitions, and other business opportunities.
Build and maintain relationships with referral sources, healthcare networks, payors, and other key stakeholders.
Lead initiatives to expand the hospital’s service lines, patient volumes, and geographic reach.
Monitor and report on business development activities, ensuring alignment with financial and operational goals.
Financial and Operational Oversight
Collaborate with finance, operations, and clinical leadership to assess ROI and financial feasibility of growth initiatives.
Support budgeting, forecasting, and performance analysis related to strategic initiatives.
Ensure compliance with all regulatory and accreditation requirements while pursuing growth opportunities.
Leadership and Team Development
Mentor and develop a high-performing strategic planning and business development team.
Foster a culture of innovation, accountability, and results-driven performance.
Represent the organization externally at industry events, conferences, and professional associations.
Qualifications:
Master’s degree in Healthcare Administration, Business Administration, or related field; MBA or MHA preferred.
Minimum of 10 years of progressive experience in healthcare strategic planning, business development, or related leadership roles.
Demonstrated success in developing and executing strategic initiatives, partnerships, or acquisitions in a hospital or post-acute care setting, preferably LTACH.
Strong financial acumen and understanding of healthcare reimbursement models, including Medicare and Medicaid.
Exceptional leadership, communication, and negotiation skills.
Ability to analyze complex data and translate insights into actionable strategies.
Key Competencies:
Strategic thinking and vision
Market analysis and opportunity identification
Relationship building and stakeholder management
Financial and operational literacy
Innovative and results-oriented leadership
Work Environment:
Primarily office-based with regular travel to facilities, meetings, and industry events.
Fast-paced healthcare environment requiring flexibility, adaptability, and proactive problem-solving.
Skills Required
- Master's degree in Healthcare Administration, Business Administration, or a related field
- MBA or MHA preferred
- At least 10 years of progressive experience in healthcare strategic planning, business development, or related leadership roles
- Demonstrated success developing and executing strategic initiatives, partnerships, or acquisitions in a hospital or post-acute care setting
- LTACH experience preferred
- Strong financial acumen and understanding of healthcare reimbursement models, including Medicare and Medicaid
- Exceptional leadership, communication, and negotiation skills
- Ability to analyze complex data and translate insights into actionable strategies
What We Do
The first privately owned Long-term Acute Care hospital in Michigan, located within McLaren Oakland Hospital. Mission: To provide quality, compassionate cost-effective care to the medically-complex patient to optimize their physical, emotional and spiritual well-being. Description What are long-term acute care hospitals? Long-term acute care hospitals (LTACHs) are facilities that specialize in the treatment of patients with serious medical conditions that require care on an ongoing basis but no longer require intensive care or extensive diagnostic procedures. These patients are typically discharged from the intensive care units and require more care than they can receive in a rehabilitation center, skilled nursing facility, or at home. Where are LTACHs located? LTACHs often are housed within the walls of an acute care hospital but function independently. LTACHs must be licensed independently and have their own governing body. LTACHs may also exist as a stand-alone facility. What are the benefits of LTACHs? Because LTACHs are able to focus their energy and resources at a limited number of specialized treatments with minimal overhead, they are able to provide more cost-effective care than if these same patients were kept in acute care facilities. What types of patients are seen in LTACHs? Under Medicare, the patient must need more than 25 days of hospitalization. The average length of stay of a person in an LTACH is approximately 30 days. The types of patients typically seen in LTACHs include those requiring: ■ Prolonged ventilator use or weaning ■ Ongoing dialysis for chronic renal failure ■ Intensive respiratory care ■ Multiple IV medications or transfusions ■ Complex wound care/care for burns
