This position is incentive eligible.
Introduction
Do you want to join an organization that invests in you as an AVP Development Transactions? At Surgery Ventures, you come first. HCA Healthcare has committed up to $300 million in programs to support our incredible team members over the course of three years.
Benefits
Surgery Ventures offers a total rewards package that supports the health, life, career and retirement of our colleagues. The available plans and programs include:
- Comprehensive medical coverage that covers many common services at no cost or for a low copay. Plans include prescription drug and behavioral health coverage as well as free telemedicine services and free AirMed medical transportation.
- Additional options for dental and vision benefits, life and disability coverage, flexible spending accounts, supplemental health protection plans (accident, critical illness, hospital indemnity), auto and home insurance, identity theft protection, legal counseling, long-term care coverage, moving assistance, pet insurance and more.
- Free counseling services and resources for emotional, physical and financial wellbeing
- 401(k) Plan with a 100% match on 3% to 9% of pay (based on years of service)
- Employee Stock Purchase Plan with 10% off HCA Healthcare stock
- Family support through fertility and family building benefits with Progyny and adoption assistance.
- Referral services for child, elder and pet care, home and auto repair, event planning and more
- Consumer discounts through Abenity and Consumer Discounts
- Retirement readiness, rollover assistance services and preferred banking partnerships
- Education assistance (tuition, student loan, certification support, dependent scholarships)
- Colleague recognition program
- Time Away From Work Program (paid time off, paid family leave, long- and short-term disability coverage and leaves of absence)
- Employee Health Assistance Fund that offers free employee-only coverage to full-time and part-time colleagues based on income.
Learn more about Employee Benefits Note: Eligibility for benefits may vary by location. You contribute to our success. Every role has an impact on our patients' lives and you have the opportunity to make a difference. We are looking for a dedicated AVP Development Transactions like you to be a part of our team. Job Summary and Qualifications Surgery Venture's AVP of Development Transactions leads the process focused on the identification, pursuit, and closing of ambulatory surgery center (ASC) acquisition transactions and from the ground up development projects. Reporting to the SVP, the SVG Development Senior Vice President and is part of a dedicated SVG Development team that includes: a) additional transaction-focused Vice Presidents and Directors who identify and pursue new opportunities, negotiate deal terms, and manage the business and legal aspects of ASC acquisition and de novo projects; b) a financially-focused Vice President and Directors who develop and evaluate financial pro formas and business cases for each potential project; and c) a Vice President and Directors for Integration who drive the transition and integration of new ASCs that result from transactions. The AVP Development will act as the primary lead and point person on a portfolio of ASC acquisition and de novo development projects. These projects involve opportunity identification, preliminary proposal development, letter of intent development and execution, detailed due diligence, definitive agreement development and execution, and transition and integration planning activities. In addition to coordinating project activities with the SVP Development and one or more Directors of Development who are focused in the AVP's assigned market areas, the AVP will also work closely and regularly with a broad, interdisciplinary team drawn from SVG leadership, HCA corporate functions, in-market hospital division leadership, and external consultants. These professionals will provide expertise in areas like legal, compliance, facilities design and construction, human resources, information technology, etc. Areas of Focus:
- Working regularly and consistently with SVG leadership and HCA hospital leadership within selected markets to identify and prioritize ASC acquisition opportunities.
- Working independently and with DTs to source new opportunities, structure major deal terms, negotiate with Sellers (primarily physicians and third party management companies), and close ASC transactions which are operationally feasible and which achieve targeted financial, strategic, and other outcomes.
- Working closely with internal and external legal counsel to develop, negotiate, and execute letters of intent and definitive agreements.
- Reviewing and critically evaluating pro formas and business case documents prepared by the SVG Development financial analysis team (excellent financial acumen and Excel skills required).
- Assembling, reviewing, and finalizing physician-facing proposal summaries (strong PowerPoint skills required).
- Assembling, reviewing, and finalizing internal project summaries for Division and Group leadership review and approval (strong PowerPoint skills required).
- Securing capital approvals from SVG leadership as well as HCA hospital division and group leadership.
- Conducting and managing detailed due diligence activities, coordinating the efforts of a broad, diverse due diligence and transition/integration team (utilizing DevLink, an HCA-customized version of Salesforce, to track progress).
- Reviewing and assessing third party appraisals.
Experience Needed:
- Bachelor's degree in Health, Business Administration, or related field.
- Graduate degree in Health, Business Administration, or related field a plus.
- Equivalent work experience may be substituted for degree requirements.
- Minimum 10 years' experience in business, finance, development, or related field.
- Experience with ASC facility transactions strongly preferred.
HCA Healthcare (Corporate), based in Nashville, Tennessee, supports a variety of corporate roles from business operations to administrative positions. Like our colleagues in any HCA Healthcare hospital, our corporate campus employees enjoy unparalleled resources and opportunities to reach their potential as healthcare leaders and innovators. From market rate compensation to continuing education and career advancement opportunities, every person has a solid foundation for success. Nashville is also home to our Executive Development Program, where exceptional employees are groomed to take on CNO- and COO-level roles in our hospitals. This selective program focuses on ethics, leadership and the financial and clinical knowledge required of professionals at this level of the industry. HCA Healthcare has been recognized as one of the World's Most Ethical Companies by the Ethisphere Institute more than ten times. In recent years, HCA Healthcare spent an estimated $3.7 billion in cost for the delivery of charitable care, uninsured discounts, and other uncompensated expenses. "Good people beget good people."- Dr. Thomas Frist, Sr. HCA Healthcare Co-Founder We are a family 270,000 dedicated professionals! Our Talent Acquisition team is reviewing applications for our AVP Development Transactions opening. Qualified candidates will be contacted for interviews. Submit your resume today to join our community of caring! We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
