A $2bn+ hospital system in the northeast region of the U.S., and long time partner of N2Growth, engaged us for hospital executive search finding their next Vice President of Revenue Cycle that would manage the hospital system’s back-end revenue cycle and report directly to the Chief Financial Officer. The client was looking to replace a retiring, long-term, and very well liked leader. The client initiated this search in the spring of 2020, conducted during the COVID-19 pandemic. The hospital system is within driving distance to New York City, the country’s epicenter of the pandemic at the time of the search. The N2Growth team successfully placed a senior leader to help steer the organization through unprecedented times.
Hospital Executive Search
The Challenges of Hospital Executive Search And Recruitment
The Mission
Our client, a multi-billion dollar hospital system with a mission to enhance lives and preserve health by enabling access to a comprehensive, fully integrated network of the highest quality and most affordable care, delivered with kindness, integrity, and respect, required a new Vice President of Revenue Cycle to lead the back-end revenue cycle function and team. The CFO and Interim CHRO asked N2Growth to help them identify the next financial leader that would help lead this rapidly growing hospital system’s revenue cycle management organization as they plan to double their revenue in the next five years through organic and inorganic growth. This growth plan will increase their payer mix and require experience and thought leadership in personnel and systems integration.
The Result
Through the establishment of a strong partnership with the Interim CHRO and a clear understanding of what the CFO expected in the next leader within his organization, the N2Growth team was able to overcome relocation challenges in the midst of a pandemic. After dozens of interviews with candidates from across the country, we were able to identify an overqualified candidate that recently left a hospital more than twice the size of our client (in revenue) after a 28-year career and most recently served as the Senior Vice President of Patient Revenues, a larger role in a larger organization. Our client executed an employment agreement with a female financial leader that could make lasting positive impacts on their organization on her first day on the job.
Areas of Expertise
Executive Search
Our executive search practice specializes in hospital executive search, board, and C-Suite searches. The world’s leading brands seek our counsel to build best-in-class leadership teams, to manage performance, and for succession planning.
Leadership Development
Our broad portfolio of executive coaching & leadership development services pushes companies and teams to greatness, whether through 1:1 executive coaching or enterprise-wide leadership advisory. There actually is a silver bullet in business – it’s called great leadership.
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