Job Information
Davita Director, Innovation And Strategic Investing in Denver, Colorado
2000 16th Street,Denver,Colorado,80202,United States of America
DaVita Venture Group is the innovation and growth arm of DaVita, focused on transforming care delivery to improve quality of life for patients around the globe. DVG oversees investments, partnerships, M&A opportunities, and pharma contracting with businesses that improve care for patients suffering from kidney disease and related comorbidities. We are seeking a creative, passionate, and driven professional with a deep understanding of healthcare to join our Strategic Venture Investing team. The team will primarily invest in early-stage healthcare companies across technology, care delivery models, diagnostics, and devices.
The position is in Denver, CO. Travel is anticipated to be 20-30%.
ESSENTIAL DUTIES AND RESPONSIBILITIES Please note the following duties and responsibilities generally reflect the expectations of this position but are not intended to be all-inclusive.
Manage venture investing team, which is focused on sourcing and vetting innovative companies to DaVita Venture Fund
Guide the strategic direction/focus of fund operations and sourcing efforts
Work with team to establish and maintain operating processes and principles
Create sourcing pipeline that spans across diverse thematic areas
Identify opportunities to bring relevant companies to DaVita leadership and craft deeper strategic learnings from potential partnerships
Build strong relationships within DaVita and the external market
Network and build strong relationships within DaVita and existing business lanes to understand strategic priorities and initiatives
Become trusted partner who will be utilized to vet internal diligence processes
Facilitate involvement of subject matter experts in diligence and strategic assessments
Drive market research and support sourcing efforts to help identify new investment trends and opportunities
Deal screening: call and/or meet with prospects, evaluate opportunities
Cultivate a network of venture capital investors and other industry partners to support sourcing and syndicate creation
Be a thought leader, maintaining up-to-date knowledge on industry and technology trends
Lead DaVita's presence externally by attending and participating at events and conferences
Lead due diligence and deal execution efforts
Coordinate, perform, and assist in diligence efforts, leading management interviews and external research to evaluate team, market, competition, product, sales, and growth
Perform and oversee financial and valuation analysis
Draft internal investment memos
Coordinate with internal and external counsel on legal and IP diligence
Collaborate with DaVita stakeholders to build strategic investment rationale
Lead and support deal negotiations with target companies and other investors
Portfolio company management
Be a point of connectivity between portfolio companies and DaVita and support the development of customer relationships
Take Board of Director seat or Board Observer seat in portfolio companies
Support portfolio company success, including fundraising support, strategic guidance, hiring, etc.
MINIMUM QUALIFICATIONS
Bachelor's degree required, MBA preferred
8+ years work experience, ideally with exposure to the healthcare industry, consulting, banking or early-stage investing. Experience in an operating role in healthcare is also a plus
Demonstrated problem-solving, quantitative, and qualitative analysis skills
Understanding of clinical, operational, and financial drivers that impact healthcare organization decision-making
Intellectual curiosity and enthusiasm for the healthcare IT/services industry
Strong communication (written, verbal, listening, and presentation) skills
Highly collaborative, pragmatic, and resourceful problem-solver