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Redesign Health

Builds and scales new healthcare companies

Managing Director of New Ventures

Venture CapitalUpdated on Nov 14
Full-timeLos Angeles, CA, USA

About the Job

Requirements

  • At least 8 years of experience in healthcare, with meaningful exposure to company creation, investing, or strategic innovation through venture capital, corporate venture, health system innovation, strategy consulting, operations, or a combination of these areas.
  • Experience working with or inside large healthcare organizations, such as academic medical centers, integrated delivery networks, payers, or health technology companies serving them, and an understanding of how institutions adopt new technology.
  • Healthcare domain expertise and the ability to develop original investment theses across care delivery, health technology, and digital health.
  • Fluency in business model analysis, primary and secondary research, investment thesis development, and financial modeling.
  • A bachelor's degree.
  • The ability to earn trust with senior clinicians, health system executives, and C-suite leaders; build internal champions; align incentives across departments; and turn institutional interest into institutional commitment.
  • The ability to recognize strong founding talent, including candidates with non-standard backgrounds, sell a vision, and secure founders.
  • The ability to assess stakeholder willingness to pay, understand unit economics, and evaluate whether a business model can scale.
  • The ability to quickly assess and reject weak concepts, founders, or ideas.
  • The ability to prioritize primary conversations with clinicians, founders, venture capitalists, operators, and payers; communicate risks directly; and adapt research or analytical workflows using AI systems.
  • Experience building sophisticated systems and workflows beyond basic large language model usage and experimenting with ways to accelerate analytical work.

Responsibilities

  • Own the day-to-day relationship between Redesign Health and Cedars-Sinai and drive delivery against the partnership’s commitments.
  • Prepare materials for and participate in Joint Operating Committee, Steering Committee, and Investment Committee meetings.
  • Build relationships with clinical and administrative stakeholders across the health system, including department heads, researchers, operational leaders, and the Digital Innovation team.
  • Engage with clinicians, researchers, and operational leaders to identify problems suitable for new companies and understand where digital solutions can create value.
  • Develop investment theses based on stakeholder willingness to pay, clinical workflow integration, and market structure, and shape the platform’s thematic priorities as the partnership evolves.
  • Identify, attract, and assess founders for companies created by the platform, including evaluating founder-market fit and declining to proceed when conviction is lacking.
  • Build Los Angeles as a destination for healthcare entrepreneurship by developing relationships with local universities, cultivating technical and clinical talent, and positioning the platform as a center for founders.
  • Test investment theses by identifying key questions and resolving them through primary conversations with clinicians, payers, and potential customers.
  • Guide founders and concepts through diligence and toward Redesign’s Investment Committee, presenting the concepts, risks, and path to Cedars-Sinai as a design partner and first customer clearly and promptly.
  • Serve as the primary interface between funded companies’ founding teams and Redesign’s platform.
  • Help founders access Cedars-Sinai’s clinical network for piloting, implementation, and research validation.
  • Provide founders with domain expertise, go-to-market support, fundraising positioning, and governance insight.
  • Lead and develop the New Ventures team assigned to the Cedars-Sinai partnership, directly managing Associates and Principals.
  • Mentor junior talent and contribute to Redesign’s broader organizational strategy and venture-creation methodology.

Desired Qualifications

  • An MBA.

About the Company

Redesign Health

Builds and scales new healthcare companies

Redesign Health builds and scales new healthcare companies from the ground up. It ideates based on identified health needs, recruits top founders, and creates startups that focus on patient solutions and provider support. The process involves in-house research, due diligence, and leveraging a network of over 200 healthcare incumbents to identify opportunities, then launching and rapidly growing these ventures until they become profitable. Revenue comes from the services provided by the portfolio companies, with potential exits through acquisitions or public offerings. Unlike firms that only invest in existing businesses, Redesign Health creates new companies designed to address significant health challenges. Their goal is to improve human health by delivering scalable, market-ready healthcare solutions and sustaining growth for the ventures they build.

Company size
201-500
Company stage
Late Stage VC
Total funding
$492.4M
Headquarters
New York City, New York
Founded
2018

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