Director, Innovation and Strategic Investing

at  DaVita

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%.

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
• 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 a high 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
  We value our talented employees, and whenever possible strive to help one of our associates grow professionally before recruiting new talent to our open positions. If you think the open position you see is right for you, we encourage you to apply.
  Our people make all the difference in our success.
  No Brag, Just Fact!
  Over the last decade, we set out to be the world’s greatest dialysis company, and over the next decade, we’re poised to build the greatest healthcare community the world has ever seen. When you join the DaVita Village, you’re joining a winning team. Through our commitment to training, growth and quality, we consistently achieve superior clinical outcomes while giving teammates the opportunity to excel in an award-winning environment that enables them to thrive both professionally and personally.
  Join us as we pursue our vision “To Build the Greatest Healthcare Community the World has Ever Seen.” Why wait? Explore a career with DaVita today.
  Go to http://careers.davita.com .

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.