Full-Time

Director – Strategic Finance M & a

Posted on 11/20/2024

CoverMyMeds

CoverMyMeds

1,001-5,000 employees

Streamlines medication access and prior authorization

Cybersecurity
Healthcare

Compensation Overview

$123.8k - $206.3kAnnually

+ Annual Bonus + Long-term Incentive Opportunities

Senior, Expert

Columbus, OH, USA + 1 more

More locations: Irving, TX, USA

Primary hiring location is Columbus, OH.

Category
Investment Banking
Finance & Banking
Required Skills
Data Analysis
Requirements
  • Degree or equivalent and typically requires 10+ years of relevant experience. Fewer years required if has relevant Master’s or Doctorate qualifications.
Responsibilities
  • Partner with CSBD to evaluate potential partnerships and/or acquisitions
  • Lead synergy analysis with cross-functional team as new projects/deals arise
  • Accountable to senior leaders for development of the valuation analysis for M&A opportunities using discounted cash flow model and other relevant valuation practices
  • Develop and analyze analytics and trends for key products, such as GLP-1s
  • Develop a financial framework to assess Emerging product/incubation product ideas
  • Partner with Product Leadership team on portfolio assessments – understanding codependences, synergies and other appropriate optimizations
  • Prepares detailed presentations and forecast reporting for Senior Leadership
  • Perform other ad hoc analysis, as needed
  • Develops relationships with relevant internal stakeholders across the enterprise, cross functionally, corporate development, and other functions

CoverMyMeds focuses on improving medication access for patients by simplifying the prior authorization process, which is often a hurdle in receiving prescribed medications. The platform connects healthcare providers, pharmacies, pharmacy benefit managers, and health plans to streamline communication and ensure timely access to medications. Unlike many competitors, CoverMyMeds emphasizes integration with various healthcare stakeholders to create a more efficient system that reduces administrative burdens. The company's goal is to enhance health outcomes by making medications more accessible while maintaining strict privacy and security standards.

Company Stage

Acquired

Total Funding

$243.2K

Headquarters

Twinsburg, Ohio

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-15%
Simplify Jobs

Simplify's Take

What believers are saying

  • CoverMyMeds' partnership with the NCPDP Foundation highlights its role in advancing care coordination and innovation, potentially leading to improved patient outcomes.
  • The launch of Med Check demonstrates CoverMyMeds' continuous innovation in prescription decision support, enhancing clinical workflows and patient care.
  • Collaborations like the one with Fortuity Calling reflect CoverMyMeds' commitment to social impact and community support, which can enhance its brand reputation.

What critics are saying

  • Recent layoffs and office closures indicate potential financial instability or strategic shifts that could affect employee morale and job security.
  • The competitive healthcare technology landscape requires CoverMyMeds to continuously innovate to maintain its market position.

What makes CoverMyMeds unique

  • CoverMyMeds specializes in streamlining the prior authorization process, a unique focus that directly addresses a significant barrier in medication access, unlike broader healthcare technology solutions.
  • Their platform's integration with a wide range of healthcare stakeholders, including providers, pharmacies, and benefit managers, creates a comprehensive ecosystem that enhances patient outcomes.
  • CoverMyMeds' commitment to privacy and security standards ensures trust and reliability, which is crucial in handling sensitive patient information.

Help us improve and share your feedback! Did you find this helpful?