Full-Time

Director – Legal Contracts

Updated on 11/18/2024

Covera Health

Covera Health

51-200 employees

Clinical intelligence platform for healthcare quality

AI & Machine Learning
Healthcare

Compensation Overview

$190k - $210kAnnually

Senior

New York, NY, USA

Hybrid work model with occasional in-person requirements at the NYC office.

Category
Legal
Legal & Compliance
Requirements
  • JD degree from an accredited law school and active membership in good standing with the relevant state bar association.
  • Minimum of 5 years of experience in contract management, with a focus on drafting, negotiating, and managing complex contracts in a corporate or legal setting, preferably in the healthcare or technology sector.
  • Strong analytical skills with the ability to identify legal risks and propose practical solutions to mitigate risks and protect the interests of the company.
  • Excellent written and verbal communication skills, with the ability to communicate complex legal concepts clearly and effectively to non-legal stakeholders.
  • Meticulous attention to detail and the ability to review contracts thoroughly to ensure compliance with legal requirements and company policies.
  • Proven leadership skills with the ability to lead and manage a team of contract professionals effectively, fostering collaboration, accountability, and continuous improvement.
  • Strong business acumen with the ability to understand the strategic goals and objectives of the company and align contract management activities accordingly.
  • Commitment to continuous learning and professional development, staying abreast of industry trends, regulatory changes, and best practices in contract management and legal compliance.
Responsibilities
  • Oversee provider contracting activities, including the drafting, negotiation, and management of amendments and addenda to our master agreements with healthcare providers.
  • Draft, review, and negotiate contracts and Statements of Work (SOWs) with vendors and partners, ensuring alignment with company policies and legal requirements.
  • Identify key risks and gaps in underlying contracts and recommend changes to mitigate risk and protect the interests of the company.
  • Respond promptly, accurately, and decisively to business requests for legal advice related to contracts, providing guidance and support as needed and escalating issues appropriately.
  • Develop and maintain contract templates, training materials on contracting, confidentiality agreements, company policies, and standard operating procedures for contracting processes. Track associated metrics to measure effectiveness and compliance.
  • Support the continuous improvement of contract templates and processes impacting our legal team and our customers, driving efficiency, consistency, and compliance with regulatory requirements.

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 in turn 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. The company partners with these organizations to implement programs that promote effective care and support quality improvements 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's goal is to ensure that patients receive the highest quality of care possible.

Company Stage

Series C

Total Funding

$83.6M

Headquarters

New York City, New York

Founded

2017

Growth & Insights
Headcount

6 month growth

-9%

1 year growth

-10%

2 year growth

-6%
Simplify Jobs

Simplify's Take

What believers are saying

  • Covera Health's demonstrated ability to reduce downstream healthcare costs by up to 12% positions it as a valuable partner for healthcare providers and payors.
  • The recent $50M funding round and acquisition of CoRead indicate strong financial backing and growth potential, enhancing job security and opportunities for innovation.
  • The launch of the Quality Care Collaborative highlights Covera's commitment to large-scale radiology quality improvement, offering employees a chance to work on impactful healthcare initiatives.

What critics are saying

  • The reliance on AI and advanced technology means any technical failures or inaccuracies could significantly impact patient outcomes and company reputation.
  • Integration challenges from acquisitions like CoRead could lead to operational disruptions and cultural clashes.

What makes Covera Health unique

  • Covera Health's AI-enabled technology focuses on radiology performance measurement, setting it apart from general healthcare analytics firms.
  • The company's unique designation process for high-quality imaging facilities directly addresses misdiagnoses, improving patient outcomes and reducing downstream healthcare costs.
  • Strategic acquisitions like CoRead enhance Covera's platform capabilities, integrating advanced diagnostic technologies to further differentiate their offerings.

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