Corporate Development Manager - Healthcare

Responsibilities

One of the nation’s largest and most respected providers of hospital and healthcare services, Universal Health Services, Inc. has built an impressive record of achievement and performance. Growing steadily since its inception into an esteemed Fortune 500 corporation, annual revenues were $11.6 billion in 2020. In 2021, UHS was again recognized as one of the World’s Most Admired Companies by Fortune; in 2020, ranked #281 on the Fortune 500; and listed #330 in Forbes ranking of U.S.’ Largest Public Companies. Headquartered in King of Prussia, PA, UHS has 89,000 employees and through its subsidiaries operates 26 acute care hospitals, 334 behavioral health facilities, 39 outpatient facilities and ambulatory care access points, an insurance offering, a physician network and various related services located in 38 U.S. states, Washington, D.C., Puerto Rico and the United Kingdom.

The UHS Corporate Acquisition Department is hiring a Corporate Development Manager to manage, review, and analyze financial information and Mergers & Acquisitions financial modeling.

Key Responsibilities include:

• Oversee strategic engagement processes including due diligence of joint ventures, acquisitions, and divestitures for strategic opportunities across UHS’ acute and behavioral health divisions
• Project mix will be weighted towards behavioral health with approximate mix of 75% behavioral health and 25% acute care
• Provide the evaluation of acquisition opportunities and other strategic relationships including the summary report of financial and operational information on the potential acquisition to senior management.  In addition, this role will provide support for contract negotiations and closing processes
• Normalize financial information. Identifies and quantifies synergies and incremental costs. Develop forecasts with the collaboration of the operating teams
• Prepare PowerPoint decks for deal presentation and review, draft executive summaries and participates in presentation to senior management
• Works with financial intermediaries (bankers, brokers and others) to organize the smooth flow of confidentiality agreements, RFP and related responses, proposals and other communication
• Works closely with each UHS operating division to ensure a smooth transition post-closing of the acquired business into UHS

Qualifications

Bachelor's degree in Accounting, Finance or related discipline.

• 5-10 years in M&A oriented finance or financial analysis in the investment banking/private equity/health care consulting/valuation fields, or in a corporate development environment
• Working knowledge of generally accepted accounting principles, as well as financial statement and basic valuation concepts and practices
• Due diligence, health care, and accounting and/or finance background with at least three years of experience in healthcare required
• Above average to excellent Microsoft Office skills
• Domestic US travel from time to time, which will vary with the deal flow and the requirements of each transaction

This opportunity provides a rewarding career, challenging and rewarding work environment as well as growth and development opportunities within UHS and its subsidiaries, including competitive compensation, excellent Medical, Dental, Vision and Prescription Drug Plan, and 401k with company match.

EEO Statement

All UHS subsidiaries are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates. UHS subsidiaries are equal opportunity employers and as such, openly support and fully commit to recruitment, selection, placement, promotion and compensation of individuals without regard to race, color, religion, age, sex (including pregnancy, gender identity, and sexual orientation), genetic information, national origin, disability status, protected veteran status or any other characteristic protected by federal, state or local laws.

We believe that diversity and inclusion among our teammates is critical to our success.

Notice

At UHS and all subsidiaries, our Human Resources departments and recruiters are here to help prospective candidates with matching skillset and experience with the best possible career at UHS and our subsidiaries. We take pride in creating a highly efficient and best in class candidate experience. During the recruitment process, no recruiter or employee will request financial or personal information (Social Security Number, credit card or bank information, etc.) from you via email. The recruiters will not email you from a public webmail client like Hotmail, Gmail, Yahoo Mail etc. If you feel suspicious of a job posting or job-related email, let us know by contacting us at: https://uhs.alertline.com or 1-800-852-3449