Corporate Development Manager

LifeStance Health

7d•$120,000 - $147,000

About The Position

At LifeStance Health, we strive to help individuals, families, and communities with their mental health needs. Everywhere. Every day. It’s a lofty goal; we know. But we make it happen with the best team in mental healthcare. Thank you for taking the time to explore a career with us. As the fastest growing mental health practice group in the country, now is the perfect time to join our team! LifeStance Health Values Belonging: We cultivate a space where everyone can show up as their authentic self. Empathy: We seek out diverse perspectives and listen to learn without judgment. Courage: We are all accountable for doing the right thing - even when it's hard - because we know it's worth it. One Team: We realize our full potential when we work together towards our shared purpose. Job Summary LifeStance Health is seeking a dynamic and strategic Corporate Development Manager to drive growth initiatives, focused on mergers and acquisitions (M&A), and including strategic partnerships, and market expansion opportunities. The ideal candidate will have strong financial acumen, analytical capabilities, and deal execution experience to support the company’s long-term strategic goals. Consistent with LifeStance’s values, every member of the LifeStance team is expected to support each other and the mission, which may mean participating in projects and initiatives and performing functions and responsibilities not specifically outlined in this job description. Effective teamwork is critical to success in this role and being a culture carrier of the organization, both in how we operate and as we evaluate opportunities that are a good match with our company.

Requirements

Bachelor’s degree in Finance, Business, Economics, or a related field
5+ years of experience in corporate development, investment banking, management consulting, or private equity, ideally with a specialization in healthcare
Proven experience in financial modeling, M&A execution, and strategic planning.
Healthcare M&A and integration experience preferred
Strong analytical, negotiation, and project management skills
Strong executive presence and collaboration skills with the ability to present to, and influence, senior executives
Extremely high level of attention to detail
Self-motivated team player with strong inter-personal skills and demonstrated excellent written and verbal communication skills
Excellent organizational and time management skills
High level of integrity and discretion in handling confidential information
Proficient in Microsoft Excel and PowerPoint
Familiarity with corporate finance, capital markets, and transaction structuring

Nice To Haves

Healthcare M&A and integration experience

Responsibilities

Manage data collection and analysis of new acquisitions by working with corporate and regional teams through the following transaction phases:
Acquisition Sourcing: Lead market research, competitive analysis, and industry trend evaluation to identify both strategic and tuck-in acquisitions and other strategic growth opportunities.
Developing and cultivating relationships with practice leadership and other influencers in the M&A space, including bankers, brokers and consultants.
Analysis of key markets and market segments in relation to LifeStance’s existing business and strategic growth focus, including new markets, CBSAs and into both existing and adjacent specialties.
Pre-Term Sheet financial cultural, clinical, and operational analysis and diligence
Development of the investment thesis and key levers that must be evident to ensure value and success.
Due Diligence: Work with target to obtain all necessary data and documentation, as applicable, including: Financial and operational data, EMR and practice management system reports, Payor contracts and contracted rates, Clinician model and contracts, Clinician demographics, licensure and credentialing information, Employee demographics and contracts
Develop financial models, valuation analyses, budgets and business cases to assess potential opportunities, along with scenarios and sensitivity analysis.
Preparing, formatting and analyzing data for presentation to key corporate stakeholders
Deal execution: Draft and review all appropriate legal documentation and collaborate with business partners to execute – LOI, Term Sheet, APA, employment agreements, restrictive covenants, etc.
Manage deal execution and timing to ensure all key deliverable dates are met and executed in accordance with the planned timelines.
Coordinate effectively with target and key business partners to ensure successful deal execution.
Integrations: Collaborate with cross-functional teams including finance, legal, operations, and business development teams to ensure seamless execution and integration of acquisitions and other transactions.
Assist in post-merger integration and tracking performance metrics of acquired entities.
Act as liaison between sites and corporate staff to ensure efficiency of data collection
Using collections reports and contracted rates to calculate fixed fee payment tables for clinician payroll
Support the credentialing of clinicians on new payor contracts when necessary
Transitioning applicable licenses and contracts
Maintain relationships with investment banks, venture capital firms, and key industry players to stay informed on market dynamics and deal flow.
Leverage AI tools to improve analysis, info gathering, synthesis and presentation