VP Product Management, Financials

Job Description:

Key Responsibilities:

• Develop and execute product strategy, informed by the product portfolio strategy as well as customer and market input.
• Strategically develop and implement a product strategy and roadmap aligned to market trends to maximize opportunities and achieve financial goals - P&L, revenue, bookings, costs, overhead etc.
• Partner closely with the engineering team and partners, to execute on product roadmaps, backlogs, and prioritization, establishing priorities and performance KPIs, ensuring an exceptional end-to-end user experience and fostering a culture of collaboration and innovation.
• Work collaboratively with the CPO and other constituents to formulate and lead a strategic plan for product growth, encompassing the development of new products, buy vs build, and the enhancement of legacy offerings.
• Maintain a deep understanding of NextGen's prospects, customers, competitors and partners, and their strategic direction, pain points, desired integrations, and culture, to develop a thoughtful and informed perspective of product and market positioning, including competition and differentiation.
• Develop and manage key customer impact and performance measures e.g., patient adoption, patient satisfaction, product usability etc.
• Oversee product releases to ensure alignments between product, support and service operations, and collaborate with finance, sales, and marketing on go-to-market messaging, pricing strategy, and business models needed to introduce new products and/or features.
• Coordinate business and contractual arrangements with partners specific to the market.
• Ensure regulatory requirements specific to patient solutions markets are accurate and delivered within deadlines.
• Establish and maintain a robust product lifecycle management framework, focusing on revitalizing aged products and spearheading the creation of a comprehensive technology and offering platform.
• Assure that product P&L and other financial objectives are integrated in the product management lifecycle, including cost management, pricing optimization, revenue growth, and margin improvement.
• Build and provide direction, context, and leadership to team of product managers capable of delivering high-quality products within aggressive timelines.
• Perform other duties that support the overall objective of the position.

Education Required:

• Bachelor's degree in healthcare, business, marketing, software engineering discipline, or a related field.An advanced degree is highly desirable.
• Or any combination of education and experience which would provide the required qualifications for the position.

Experience Required:

• 12+ years of increasingly responsible and relevant leadership experience in software product management, and proven ability to build and lead high-performing product teams.
• Deep healthcare/healthcare IT industry experience in either an Ambulatory or Acute Healthcare environment.
• Strong expertise in managing product development cycles, and proven track record of bringing to market complex solutions comprised of multiple products and multiple lines of business.
• Experience writing business cases, performing market analysis, developing go-to-market strategies, and managing backlogs for solutions across multiple markets.
• Significant general management and P&L experience. Financial savvy, aligning product strategy with company financial goals, including cost management, revenue growth, and margin improvement.
• Experience navigating complex situations and managing multiple stakeholders with diverse priorities to achieve consensus.
• Experience in a private equity-owned company preferred, especially in a growth-focused environment.

Knowledge, Skills and Abilities:

• Knowledge of:Deep understanding of healthcare technology, product management best practices, and a passion for improving patient care. Minimum Viable Product (MVP) concept and Agile development process; Product Lifecycle practices.
• Skill in:Leadership, communication, cross-functional collaboration, executive level presentation, analytical, and critical thinking skills.
• Ability to:Define and manage complex process, workflows, and product issues; develop compelling product vision and drive product to successful execution; lead and motivate a team of global professionals in a fast-paced and ever-changing environment; drive strategy, development, and execution of product deliverables in a timely manner; work on concurrent projects with critical/urgent timelines; disseminate product concepts, updates, and deliverables; establish and maintain effective working relationships through collaboration and respect.

NextGen Healthcare is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.