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VICE PRESIDENT - BUSINESS DEVELOPMENT at LifeBridge Health – Baltimore, Maryland

LifeBridge Health
Baltimore, Maryland, 21215, United States
Posted on
Salary:$112.27 - $179.63/hr

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About This Position

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.
Mergers, Acquisitions & Strategic Transactions
  • 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.
Partnerships & New Market Development
  • 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.
Market Intelligence & Competitive Analysis
  • 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.
Cross-Functional Collaboration
  • 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.
QUALIFICATIONS AND 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.
Skills & Competencies
  • 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.
Key Performance Indicators
  • 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.

Job Location

Baltimore, Maryland, 21215, United States

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