Business Development Asc.

Summary:

The Business Development Associate is responsible for supporting the company's corporate development efforts, with a primary focus on M&A expansion. Other areas of focus will include ASC portfolio growth, internal growth initiatives including de novo expansion, and strategic investment decisions. The Business Development Associate will be directly involved in managing all facets of growth at the organization. More specifically, developing forecast models and presentations for new affiliations, existing ASC organic growth and other internal facilities projects, developing de novo scorecards, financial/operational analytic assessments, assisting with the transaction diligence process and execution, communicating with key stakeholders throughout the process and supporting the transaction lifecycle (LOI to close). This individual will also seek to streamline the growth process, identifying gaps with internal and external constituents, minimizing lag time, and maximizing communication with key stakeholders. This position will report to the VP of Business Development and will interact with senior management and sellers.

Role and Responsibilities:

• Support the creation of financial forecasts, valuation models, management presentations, marketing pitches and other materials, including presentations, to the Company's CEO, CFO and Board in order to build necessary approval for any proposed transactions.
• Work with operations and finance teams to prepare, analyze and explain historical and projected operational and financial information during diligence process to include profit drivers, trends, run rate and tax structure to lead towards valuation analysis, including financial modeling for acquisition targets.
• Focus on expanding PRISM's ASC footprint and outreach to physicians. Coordinate getting physicians into ASCs and developing investment materials as needed
• Support internal growth initiatives including relocations, expansions and closures; work with functional teams to identify highest ROI opportunities and develop forecasts to be presented to management
• Support the execution of acquisitions by working closely with integrations, operations, diligence leads companywide, legal team and external advisors.
• Assist in the preparation of routine and ad hoc presentations and reporting packages for senior management and board review.
• Support the deal structure process addressing transformation, integration, and post-merger operations by focusing on key metrics and KPIs that can help to drive business decisions
• Develop a de novo scorecard to be used to identify future expansion plans focusing on key metrics including demographic data, referral sources and competition
• Evaluate consistency of the transaction with overall strategy of the Company. Review transaction rationale and documents to identify critical business issues and risks relating to a proposed transaction.

Essential Qualifications:

Education: Bachelor's degree in either Finance, Economics, Business Management or related field. Advanced degree/certification would be considered in lieu of experience.

Experience: Minimum 2+ years progressive experience in corporate development / M&A group, private equity firm / investment bank or leading consulting firm. Health care management experience, finance, strategic Innovations/operations a plus.

Knowledge/Skills/Experience:

• Strong organizational and time management skills to manage multiple processes ongoing at one time. The successful candidate will have experience balancing multiple acquisition timelines simultaneously for smaller practice acquisitions.
• Transaction experience in executing financial and operational due diligence along with financial modeling and forecasting is necessary.
• A successful track-record of interacting with potential sellers (preferably including providers / physicians), external support (e.g., legal), internal operations, and senior leadership.
• Skilled at building and maintaining relationships at all levels within the organization as well as externally with allies, current partners, and potential partners.
• Effective with large and small audiences and on a one-on-one basis and to a wide range of constituencies.
• Creative and strong acumen to deal with ambiguity.
• An ability to travel for new opportunity meetings and to work during the available hours of selling physicians, including evenings. Infrequent day travel should be expected at times, but overnight travel will remain minimal (less than 20%).

At PRISM Vision Group, we believe great work deserves great rewards. Here's what you can expect when you join our team:

• Competitive Compensation - Base salary, performance bonuses, and regular reviews.
• Health & Wellness - Comprehensive medical, dental, and vision insurance; and wellness program.
• Retirement Planning - 401(k) with company match.
• Generous Time Off - Paid vacation, sick leave, and company holidays.
• Learning & Development -career growth programs.
• Other Perks - Commuter benefits, Voluntary Accident and Critical Illness plans, FSA/HSA and Dependent Care FSA. employee discounts, and more.

Vital Images is an Equal Opportunity Employer, M/F/Vets/Disability.