What are the responsibilities and job description for the VICE PRESIDENT - BUSINESS DEVELOPMENT position at LifeBridge Health?
Summary
Vice President, Business Development
Overview
The Vice President of Business Development (VP, BD) is an executive level leader responsible for driving enterprise growth through strategic partnerships, acquisitions, joint ventures, and new market opportunities. Reporting to the Executive Vice President and Chief Financial Officer, this role plays a critical part in shaping and executing the company’s long-term growth strategy for a diversified healthcare organization with $2.5 billion in annual revenue.
The VP, Business Development will work closely with executive leadership, clinical leaders, finance, legal, and operations to identify, evaluate, negotiate, and integrate growth opportunities that enhance market position, expand capabilities, and deliver sustainable value.
Key Responsibilities
Growth Strategy & Leadership
Who We Are:
LifeBridge Health is a dynamic, purpose-driven health system redefining care delivery across the mid-Atlantic and beyond, anchored by our mission to “improve the health of people in the communities we serve.” Join us to advance health access, elevate patient experiences, and contribute to a system that values bold ideas and community-centered care.
What We Offer
Impact: Join a team that values innovation and outcomes, delivering life-saving care to our youngest and most vulnerable patients.
Growth: Opportunities for professional development, including tuition reimbursement and developing foundational skills for neonatal critical care leadership and advanced certification.
Support: A culture of collaboration with resources like unit-based practice councils and advanced clinical education support — improving both workflow efficiency and patient outcomes and allowing you to work at the top of your license.
Benefits: Competitive compensation (additional compensation such as overtime, shift differentials, premium pay, and bonuses may apply depending on job), comprehensive health plans, free parking, and wellness programs.
Why LifeBridge Health?
With over 14,000 employees, 130 care locations, and two million annual patient encounters, we combine strategic growth, innovation, and deep community commitment to deliver exceptional care anchored by five leading centers in the Baltimore region: Sinai Hospital of Baltimore, Grace Medical Center, Northwest Hospital, Carroll Hospital, and Levindale Hebrew Geriatric Center and Hospital.
Our organization thrives on a culture of CARE BRAVELY—where compassion, courage, and urgency drive every decision, empowering teams to shape the future of healthcare.
LifeBridge Health complies with applicable Federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, sex or sexual orientation and gender identity/expression. LifeBridge Health does not exclude people or treat them differently because of race, color, national origin, age, disability, sex or sexual orientation and gender identity/expression.
Vice President, Business Development
Overview
The Vice President of Business Development (VP, BD) is an executive level leader responsible for driving enterprise growth through strategic partnerships, acquisitions, joint ventures, and new market opportunities. Reporting to the Executive Vice President and Chief Financial Officer, this role plays a critical part in shaping and executing the company’s long-term growth strategy for a diversified healthcare organization with $2.5 billion in annual revenue.
The VP, Business Development will work closely with executive leadership, clinical leaders, finance, legal, and operations to identify, evaluate, negotiate, and integrate growth opportunities that enhance market position, expand capabilities, and deliver sustainable value.
Key Responsibilities
Growth Strategy & Leadership
- Develop and execute a comprehensive business development strategy aligned with corporate objectives and long-term growth plans.
- Serve as a trusted strategic advisor to the CFO and executive leadership team on growth initiatives, market trends, and competitive dynamics.
- Lead and mentor business development team.
- Identify, evaluate, and prioritize M&A opportunities, including acquisitions, divestitures, and joint ventures.
- Oversee end-to-end transaction processes: target identification, valuation, due diligence, deal structuring, financing, negotiation, and closing.
- Lead role in coordinating all aspects tax-exempt and taxable financing transactions to fund strategic capital needs as needed, including annual rating agency updates.
- Partner with finance, legal, and operational leaders to ensure disciplined deal execution and risk management.
- Support post-merger integration planning in collaboration with operations and functional leaders.
- Establish and manage strategic partnerships with healthcare systems, payers, technology partners, and other ecosystem stakeholders.
- Identify opportunities for geographic expansion, service line growth, and new business models.
- Negotiate complex commercial agreements that align incentives and drive long-term value creation.
- Monitor healthcare industry trends, regulatory developments, reimbursement dynamics, and competitive activity.
- Translate market insights into actionable growth opportunities and strategic recommendations.
- Build robust business cases and financial models to support investment decisions.
- Work closely with clinical, operational, financial, and compliance teams to ensure alignment between growth initiatives and execution capabilities.
- Ensure all business development activities comply with healthcare regulations, including fraud and abuse laws, antitrust, and payer requirements.
- Education: Bachelor’s degree required; MBA, MHA, or equivalent advanced degree strongly preferred.
- Experience: 10 years of progressive experience in business development, strategy, investment banking, private equity, or corporate development, with significant exposure to healthcare.
- Proven track record leading complex M&A transactions and strategic partnerships in a regulated healthcare environment.
- Experience operating at the executive level within a large, multi-site, or multi-business healthcare organization preferred.
- Demonstrated success managing and developing high-performing teams.
- Exceptional strategic thinking, financial acumen, and deal execution capabilities.
- Strong negotiation skills with the ability to influence senior executives and external stakeholders.
- Deep understanding of healthcare economics, reimbursement models, and regulatory considerations.
- Excellent communication skills, including executive presentations and board-level reporting.
- High integrity, sound judgment, and the ability to operate effectively in a fast-paced, evolving environment.
- Successful execution of M&A and partnership transactions aligned with strategic priorities.
- Revenue and EBITDA growth attributable to business development initiatives.
- Return on invested capital (ROIC) and post-transaction performance.
- Strength and sustainability of strategic partnerships.
- Effectiveness of post-merger integration outcomes.
Who We Are:
LifeBridge Health is a dynamic, purpose-driven health system redefining care delivery across the mid-Atlantic and beyond, anchored by our mission to “improve the health of people in the communities we serve.” Join us to advance health access, elevate patient experiences, and contribute to a system that values bold ideas and community-centered care.
What We Offer
Impact: Join a team that values innovation and outcomes, delivering life-saving care to our youngest and most vulnerable patients.
Growth: Opportunities for professional development, including tuition reimbursement and developing foundational skills for neonatal critical care leadership and advanced certification.
Support: A culture of collaboration with resources like unit-based practice councils and advanced clinical education support — improving both workflow efficiency and patient outcomes and allowing you to work at the top of your license.
Benefits: Competitive compensation (additional compensation such as overtime, shift differentials, premium pay, and bonuses may apply depending on job), comprehensive health plans, free parking, and wellness programs.
Why LifeBridge Health?
With over 14,000 employees, 130 care locations, and two million annual patient encounters, we combine strategic growth, innovation, and deep community commitment to deliver exceptional care anchored by five leading centers in the Baltimore region: Sinai Hospital of Baltimore, Grace Medical Center, Northwest Hospital, Carroll Hospital, and Levindale Hebrew Geriatric Center and Hospital.
Our organization thrives on a culture of CARE BRAVELY—where compassion, courage, and urgency drive every decision, empowering teams to shape the future of healthcare.
LifeBridge Health complies with applicable Federal civil rights laws and does not discriminate on the basis of race, color, national origin, age, disability, sex or sexual orientation and gender identity/expression. LifeBridge Health does not exclude people or treat them differently because of race, color, national origin, age, disability, sex or sexual orientation and gender identity/expression.
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