Simplify Logo

Full-Time

Director – Product Strategy & Operations

Posted on 7/8/2024

Cedar

Cedar

501-1,000 employees

Healthcare platform for billing and administration

Data & Analytics
Hardware
Fintech
Financial Services
Biotechnology
Healthcare

Compensation Overview

$199.8k - $235kAnnually

+ Equity Eligibility

Senior, Expert

Remote in USA

Category
Strategy Development
Business & Strategy
Required Skills
Communications
Requirements
  • 8+ years of relevant professional experience in product operations, consulting, finance, or similar
  • 4+ years of management experience
Responsibilities
  • Partner with Cedar leadership to develop strategy by supporting data-driven decisions
  • Support outstanding execution by developing process-light approaches to building and launching products
  • Partner with Product, Growth, and Delivery teams to bring new products and features to market
  • Foster outstanding internal and external communication around product direction
  • Support strategic product initiatives through program management and analysis

Cedar focuses on enhancing the administrative and billing processes in healthcare. Its main product is a user-friendly platform that streamlines the entire patient experience, from scheduling appointments to making payments. The platform simplifies bill resolution and offers personalized communication to engage patients effectively, which increases the likelihood of timely payments. Unlike many competitors, Cedar emphasizes a tailored approach to patient interactions and provides real-time insights into the revenue cycle, making it easier for healthcare providers to manage their finances. The goal is to help healthcare organizations improve patient satisfaction while achieving their financial objectives.

Company Stage

Series D

Total Funding

$712.6M

Headquarters

New York City, New York

Founded

2016

Growth & Insights
Headcount

6 month growth

7%

1 year growth

9%

2 year growth

14%
Simplify Jobs

Simplify's Take

What believers are saying

  • Cedar's partnerships with leading healthcare organizations like LCMC Health demonstrate its capability to deliver significant improvements in patient financial experiences.
  • Recognition as a top workplace by Built In and Glassdoor highlights Cedar's positive work environment and strong company culture.
  • The launch of the Affordability Navigator showcases Cedar's commitment to addressing healthcare affordability and accessibility, potentially expanding its market reach.

What critics are saying

  • The highly competitive healthcare technology sector requires Cedar to continuously innovate to maintain its market position.
  • Dependence on healthcare providers' willingness to adopt new technologies could slow down Cedar's growth and market penetration.

What makes Cedar unique

  • Cedar's platform uniquely focuses on the end-to-end digital patient experience, from pre-service through payment, unlike competitors who may only address specific parts of the billing process.
  • The personalized patient engagement feature tailors messaging for each patient, significantly improving cash collections and patient satisfaction, setting Cedar apart from more generic solutions.
  • Cedar's strong emphasis on user-friendly financial interactions and real-time insights into the revenue cycle provides a competitive edge in enhancing both patient and provider experiences.

Benefits

Competitive pay & equity

Health benefits

Unlimited PTO

Flexible work style

16 weeks paid parental leave

401k matching

Free lunch & snacks

Game nights & company events

INACTIVE