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Kaiser Permanente

Integrated healthcare provider and payer platform

Principal

Venture CapitalUpdated on Nov 13
Full-timeOakland, CA, USANo salary listed

About the Job

Requirements

  • A bachelor's degree from an accredited college or university and at least eight years of experience in business administration, healthcare administration, or a directly related field, or a bachelor's degree from an accredited college or university and at least six years of experience working for a management consulting firm, investment fund, or investment bank.
  • At least two years of experience in healthcare venture or private equity.
  • At least one year of experience working directly with a board of directors.
  • At least five years of leadership experience, with or without direct reports.
  • At least six years of experience building and developing high-performing teams.
  • At least six years of experience building and/or executing enterprise strategies, strategic investments, ventures, or partnerships.
  • At least six years of experience managing complex programs, deal diligence, and/or integrations.
  • At least six years of experience developing agendas and materials for executive and/or board audiences.
  • At least six years of experience handling sensitive information with discretion and confidentiality.
  • At least three years of leadership experience within a matrixed organization, with or without direct reports.

Responsibilities

  • Develop investment theses using internal and external expertise to source deal flow and generate strategic insights.
  • Execute investment transactions, including reviewing and negotiating term sheets and transaction documents.
  • Coordinate portfolio investments through board participation and provide portfolio companies with targeted value-add support.
  • Drive diligence for new investments, including priorities, planning, and execution.
  • Prepare and present investment insights to the Investment Committee, executives, and limited partners.
  • Engage executives on specific investments, strategic needs, product evolution, and future roadmaps.
  • Represent the investment group on portfolio company boards as an official or unofficial observer.
  • Develop executive materials for investment recommendations and present diligence, investment, and portfolio recommendations to executive audiences.
  • Communicate information and provide advice to advance projects; build cross-functional relationships; solicit and act on performance feedback; provide actionable feedback; influence, mentor, and coach team members; respond to individual and team strengths and weaknesses; adapt to competing demands and new responsibilities; and foster open dialogue.
  • Drive multiple work streams by identifying member and operational needs, translating business strategy into business requirements, developing procedures and policies, gaining cross-functional support, determining processes and methodologies, resolving complex issues, setting standards, measuring progress, developing work plans, coordinating and distributing resources, removing obstacles, guiding performance, developing contingency plans, and influencing task completion.
  • Create and implement strategies aligned with organizational goals by collaborating with leadership on short- and long-term plans, driving business development and growth opportunities, leading complex stakeholder strategy processes, evaluating strategic progress, and assessing business models and the competitive landscape.
  • Design plans that gain executive support by conducting market research, performing financial and economic modeling, evaluating strategy effectiveness, identifying and mitigating risks, translating corporate strategies into objectives and plans, presenting methodologies for approval, and communicating strategic decisions and enterprise pipeline activity.
  • Build relationships with internal and external stakeholders, including business and functional partners, external peers, delivery system leaders, consultants, bankers, and marketplace experts; engage relevant third parties and internal functions to support business development initiatives.
  • Develop repeatable processes for identifying, evaluating, prioritizing, selecting, negotiating, and executing transactions, launches, and integrations; monitor consistent application; integrate strategy with day-to-day program, project, and performance management; share learning and innovations; improve ineffective or duplicative processes; and support compliance with applicable regulatory requirements.
  • Develop businesses and partnerships by identifying transactions and opportunities, leading new businesses from startup to self-sufficiency, aligning business development roadmaps with strategy, leading complex investments in care delivery, health plans, and healthcare technology, developing the business development function, and executing strategy, business development, and transformation work.

Desired Qualifications

  • An MBA in Finance and Accounting, Investments, Investor Relations, or a directly related field.
  • Six years of direct investment experience in healthcare services or health information technology companies.
  • Six years of experience serving on boards of privately held companies.
  • Six years of experience sourcing, analyzing, and executing venture-backed investments.
  • A master's degree in Business Administration, Healthcare Administration, or a related field.
  • Six years of experience in corporate, partnership, and/or relationship management for new business startups, including health systems, physicians, and other diversified businesses.
  • Six years of experience managing complex transactions within healthcare delivery.
  • Three years of experience in healthcare.

About the Company

Kaiser Permanente

Integrated healthcare provider and payer platform

Kaiser Permanente runs an integrated healthcare platform that lets members manage and pay medical, premium, and pharmacy bills online. It serves Medicare Advantage, Individual and Family, and non-employer plans, offering options to pay as a guest or set up payment plans. The platform works by presenting a centralized online portal where users can view bills, choose how to pay, and handle multiple types of charges in one place. Revenue comes from premiums and medical services fees, while the service aims to reduce administrative work for both providers and patients and encourage on-time payments. What sets Kaiser Permanente apart is its combination of healthcare services with a single billing experience across multiple plan types, focusing on a user-friendly, centralized payment process rather than handling billing through separate systems. Its goal is to provide a straightforward, reliable way for members to manage and pay their bills, improving convenience and payment timeliness.

Company size
10,001+
Company stage
Grant
Total funding
$7.5M
Headquarters
Oakland, CA
Founded
1945

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