Director, Healthcare Services - MedTech

Overview

Description

About Alvarez & Marsal Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 professionals in over 40 countries. We take a hands-on approach to solving our clients  problems and helping them reach their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape the industry. The collaborative environment and engaging work — guided by A&M s core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity — motivates our people to excel.

The Team

The Healthcare Industry Group (HIG) is at the forefront of delivering transformational change to the healthcare industry. Our professionals advise organizations on financial and operational performance improvement, strategic growth and value realization across the investment lifecycle. Our team provides expertise in interim management, restructuring, revenue cycle management, M&A, compliance and regulatory, digital technology and analytics. You will work with clients in health systems and providers, physician groups, ancillary providers, medical schools, vision, laboratory, dental and behavior health;

managed care and health plans, government programs, healthcare investors and lenders, medical devices, healthcare suppliers, infrastructure, and life sciences. HIG s Healthcare Services practice (HCS) focuses on serving private equity portfolio companies and public/private healthcare companies, offering services including performance improvement/operational turnarounds, cost optimization, M&A services, finance operations, and interim management (including CFO services).

• Technology Assessment: Review and analysis of platform, data and system architectures, related applications / products, integrations, infrastructure, processes (PLC, SDLC, compliance), data (architecture, governance, BI, etc.), security, IT teams for scale, capability, cost, resilience, maintainability risk and value opportunities.
• Performance Improvement/Operational Turnaround
  :
  Interim management or advisory work to assess businesses and identify key areas impeding performance quickly and effectively.
• Cost Optimization
  :
  Cross-functional approach focusing on EBITDA and cash flow improvements across the cost structure, with transparency on cost and margin profiles to simplify and streamline the business.
• M&A Services
  :
  Operational/synergy due diligence, integration planning and execution, divestiture and carve-out planning and execution.
• Finance Operations
  :
  Improvement to clients  finance operations, including management reporting and optimization of the month-end close process.
• Interim Management
  :
  In select cases, an experienced operator may assume an interim role (e.g., CEO, COO, CFO, CIO) to drive change during recruiting.

How you will contribute

As a Director you will be a “player-coach” – leading a team and acting as the main conduit between Healthcare clients and our team on a range of complex assignments, centered around the Med Tech and medical device space. You are responsible for end-to-end delivery of projects, including: overseeing interview activities, gathering data, modeling, creating insights and deliverables, developing goals and deadlines, reviewing junior staff work, and communicating with clients.

Depending on the client project, the responsibilities of a Director may include:

• Quickly identifying and implementing opportunities to reduce cost structure by redesigning org structures and eliminating non-value-added tasks, refocusing the business on value-added work
• Reviewing Go to Market strategies including portfolio assessments, pricing, sales compensation plans, sales force effectiveness, call points and competition
• Building and managing financial models and conducting financial and operating analyses (standalone and synergy analyses, one-time cost tracking, carve-out financials and pro forma statements)
• Providing project management (PMO) assistance and governance support through cost-takeout, transaction and/or integration processes
• Utilizing project management tools and templates to track activities and timelines (e.g., Smartsheet)
• Leveraging tools such as Smartsheet,…