Director, DaVita Venture Group

DaVita Kidney Care•Denver, CO

3d•$129,000 - $205,000•Onsite

About The Position

The Director, DaVita Venture Group is part of the DaVita Venture Group (DVG) and is the innovation arm of DaVita, focused on transforming care delivery to improve quality of life for patients around the globe. DVG will fund, develop and launch products, solutions and business models that improve care for patients suffering from kidney disease and related comorbidities. We are seeking a creative, passionate, and driven corporate development professional with a deep understanding of healthcare to lead our Mergers and Acquisitions team that furthers our strategy and creates new growth opportunities. The Corporate Development team is responsible for all equity-related transactions, including acquisitions, strategic investments, joint ventures, and other forms of structured partnerships with established and some early stage companies. This is a highly visible role with frequent engagement with the senior leadership team, including the CEO and Board of Directors. Success in the role will be determined by creating high quality M&A opportunities, effectively representing DaVita in the external marketplace and the director’s ability to work collaboratively with the broader DaVita Village to complete transactions. The position is located in Denver, CO. Relocation assistance available.

Requirements

Bachelor’s degree required, MBA preferred
Experience in healthcare required, healthcare services strongly preferred; additionally a background in medical device or health technology a plus
Experience in investment banking and/or corporate development, management consulting working in an M&A capacity within healthcare
Strong strategic mind, able to move beyond superficial value creation hypotheses and identify unique opportunities to add value through M&A
Demonstrated problem-solving, quantitative, and qualitative analysis skills
Understanding of clinical, operational, and financial drivers that impact healthcare organization decision-making
Intellectual curiosity mindset and enthusiasm for the healthcare industry
Strong communication (written, verbal, listening, and presentation) skills
Highly collaborative work-style, pragmatic, and resourceful problem-solver
Capability and desire to build relationships and network within the healthcare industry
Responds well to change and has a high tolerance for ambiguity
Approaches work with an unparalleled level of personal ownership, responsibility, integrity, and ethics
Denver-based; Ability to travel required
Personal values in line with DaVita's values of Service Excellence, Integrity, Team, Continuous Improvement, Accountability, Fulfillment & Fun

Responsibilities

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
Network with peers at other strategic investors and within the broader health care ecosystem
Be a thought leader, maintaining up-to-date knowledge on industry and technology trends, as well as attending events/conferences
Lead due diligence and deal execution efforts
Coordinate, perform, and assist in full 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
Manage ongoing partnerships with other companies and ensure successful DaVita engagement in the development and integration of their products
Guide the direction of partnership portfolio and sourcing efforts
Work with internal DaVita teams to ensure alignment to partnership goals and success of partner products and services
Be a point of connectivity between portfolio companies and DaVita and support the development of customer relationships
Serve on partnership or portfolio boards dependent on partnership governance structure
Support portfolio company/product success
Build strong relationships within DaVita and the external market
Network and learn the guts of the DaVita existing business lanes to understand strategic priorities, initiatives, and strategic value a potential partnership could bring
Facilitate involvement of subject matter experts in diligence and strategic assessments
Build and lead internal team
Support development and engagement of junior team members
Develop compelling career paths with junior team members to ensure engagement and fulfillment of junior team

Benefits

A "community first, company second" culture based on Core Values that really matter.
Clinical outcomes consistently ranked above the national average.
Award-winning education and training across multiple career paths to help you reach your potential.
Performance-based rewards based on stellar individual and team contributions.
A comprehensive benefits package designed to enhance your health, your financial well-being and your future.
Dedication, above all, to caring for patients suffering from chronic kidney failure across the nation.
More than just pay, our DaVita Rewards package connects teammates to what matters most.
Teammates are eligible to begin receiving benefits on the first day of the month following or coinciding with one month of continuous employment.
Comprehensive benefits: Medical, dental, vision, 401(k) match, paid time off, PTO cash out
Support for you and your family: Family resources, EAP counseling sessions, access Headspace®, backup child and elder care, maternity/paternity leave and more
Professional development programs: DaVita offers a variety of programs to help strong performers grow within their career and also offers on-demand virtual leadership and development courses through DaVita’s online training platform StarLearning.