Full-Time

Head of New Product Initiative

Updated on 3/31/2025

Covera Health

Covera Health

51-200 employees

Clinical intelligence platform for healthcare quality

Compensation Overview

$225k - $250k/yr

+ Bonus

Senior, Expert

New York, NY, USA

Preference for candidates to be local to NYC for in-person collaboration; travel required likely between 25-30%.

Category
Product Management
Product
Required Skills
Data Science
Requirements
  • Proven track record of building new offerings from the ground up, ideally in a lean, fast-paced environment where adaptability and resourcefulness are critical.
  • Experience at a top-tier consulting firm (e.g., McKinsey, BCG) and/or notable success in a high-growth, entrepreneurial setting.
  • Familiarity with healthcare ecosystems—particularly radiology, population health, and associated technologies—is highly valued.
  • Comfort working in a rapidly evolving space, making informed decisions with limited precedent, and iterating quickly based on market feedback.
  • Strong analytical, communication, and stakeholder management skills, with the ability to influence at all organizational levels.
Responsibilities
  • Develop and refine the product’s market entry strategy, including positioning, pricing, and value proposition.
  • Establish the operational and legal framework required to support rapid growth and ensure compliance.
  • Engage cross-functional teams—from product, engineering, and data science to sales and marketing—to deliver a seamless launch.
  • In partnership with the General Manager of Market Development and Radiology Strategy, build relationships with healthcare providers, radiology departments, and related stakeholders to drive initial adoption and long-term partnerships.
  • Collaborate closely with the executive team to set meaningful KPIs and metrics, ensuring accountability and data-driven decision-making.

Covera Health focuses on enhancing the quality of healthcare, particularly in the field of radiology, through its clinical intelligence platform. This platform uses scientifically validated tools to help doctors make more accurate diagnoses, which ultimately improves patient care. Covera Health works with major employers, payers, and healthcare organizations, such as Walmart and Microsoft, to provide insights and tools powered by artificial intelligence. Their business model involves forming partnerships to implement programs that promote effective care and quality improvement on a large scale. Unlike many competitors, Covera Health specifically targets the needs of insured Americans and aims to raise healthcare standards across the country. The company received $25 million in Series C funding in August 2021 to support its mission.

Company Size

51-200

Company Stage

Series C

Total Funding

$86M

Headquarters

New York City, New York

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased AI adoption in radiology aligns with Covera Health's mission for better diagnostics.
  • The acquisition of CoRead enhances Covera's platform capabilities in radiology accuracy.
  • Healthcare analytics market growth supports Covera's analytics-driven approach.

What critics are saying

  • Integration challenges with CoRead's technology could delay radiology service improvements.
  • AI reliance may face resistance from traditional healthcare providers.
  • Intensifying competition in AI healthcare analytics pressures Covera to innovate continuously.

What makes Covera Health unique

  • Covera Health focuses on quality-based solutions for payers and providers in radiology.
  • The company partners with major firms like Walmart and Microsoft for AI-powered insights.
  • Covera Health's unique designation process reduces misdiagnoses and improves patient outcomes.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Stock Options

401(k) Retirement Plan

Unlimited Paid Time Off

Commuter Benefits

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

4%

2 year growth

2%
PR Newswire
May 28th, 2024
Covera Health Demonstrates Up To 12% Downstream Cost Savings For Patients Receiving Care At Designated High-Quality Radiology Facilities

Methodology for calculating the financial impact was reviewed by premier actuarial firm, Milliman, Inc.NEW YORK, May 28, 2024 /PRNewswire/ -- Covera Health , the leading AI-enabled technology company focused on radiology performance measurement and patient impact, today announced findings from its analysis of downstream healthcare spend for patients receiving care at Covera-designated, high-quality imaging facilities. Covera estimated a reduction of up to $2,487 (or 12%) in combined 12-month medical and pharmacy claims cost for patients undergoing high-tech imaging. The study comparison covered a span of three years, was run against a matched control group undergoing imaging at non-Covera-designated facilities, and relied on historical medical and pharmacy claims data from Covera's existing patient population across most of the United States.Covera's unique designation process is designed to reduce the frequency and severity of misdiagnoses that patients experience during the diagnostic stage of care, ultimately improving overall health outcomes, reducing unnecessary healthcare costs, and avoiding complications in downstream care. Covera's analysis demonstrated that patients undergoing high-tech imaging (CT, MRI) at Covera-designated facilities averaged between 6% - 12% lower downstream costs (i.e. imaging and post-imaging costs) compared to the matched control group, largely driven by fewer hospital admissions, ED visits and outpatient services."The notion that radiology is just another commodity in healthcare is outdated and risky," said Ron Vianu, Co-Founder and CEO of Covera Health. "At Covera, we're not just challenging this view; we're dismantling it by demonstrating that high-quality radiology care is a critical determinant of patient outcomes and a key driver in reducing downstream healthcare costs."The methodology for estimating the financial impact of Covera's program was reviewed by Milliman, Inc ., a premier global consulting and actuarial firm

MedCity News
Nov 7th, 2023
Covera Health Acquires CoRead, Secures up to $50M To Improve Radiology

Through the acquisition, CoRead's services will be integrated into Covera's platform.

Supplement Trends
Nov 5th, 2023
AI-enabled radiology performance platform Covera Health secures $50M

In 2020, Covera Health announced it had scored $23.5 million in Series B funding.

Business North Carolina
Nov 4th, 2023
Cary-based CoRead sold to New York biotech

New York-based biotechnology firm Covera Health has acquired CoRead, a diagnostic technology firm based out of Cary.

Aunt Minnie
Nov 3rd, 2023
Covera Health secures $50M in funding

As a result of this acquisition, former CoRead CEO Lawrence Ngo will join Covera Health as its senior vice president, quality assurance platform.