New Ventures Associate: Healthcare Innovation

Redesign Health, Inc.; Los Angeles (CA); On-site; USD 90,000 - 140,000; Full time

Job summary

Redesign Health, in Los Angeles, partners with Cedars-Sinai to build venture-backed healthcare companies and deploy an institutional platform for healthcare innovation. As a New Ventures Associate, you will research opportunities across the healthcare landscape, build competitive landscapes, and develop investment theses for new ventures or scaled solutions within Cedars-Sinai.

You will work closely with New Ventures and Cedars-Sinai leadership, translate thematic research into fundable

Qualifications

• 1–3+ years of experience in venture capital, early-stage investing, startups, or a related field.
• Healthcare domain expertise preferred with the ability to develop original investment theses across care delivery, health tech, and digital health.
• Fluency in business model analysis, primary and secondary research, investment thesis development, and financial modeling.
• Bachelor’s degree required with demonstrated academic excellence.

Responsibilities

• Evaluate and research commercial opportunities in healthcare.
• Identify Commercially Viable Opportunities: Find opportunities that address specific challenges within Cedars-Sinai and are emblematic of systemic challenges that health systems across the country face, ensuring they are strategically aligned with organizational goals.
• Redesign Research: Apply Redesign Health’s scoring frameworks and leverage RH venture-building methodologies to evaluate, prioritize, and refine innovation opportunities
• Direct opportunities that don’t meet the level of a new or scalable venture opportunity to the right teams and/or channels that are more appropriate to address those pain points
• Support the Infrastructure for the Digital Innovation Program at Cedars-Sinai
• Socialize the Innovation Program: Foster a culture of creativity and innovation among staff by promoting the innovation program across the organization.
• Meet with Stakeholders: Engage with stakeholders to learn about the various departments and institutes at CS, fostering collaboration and understanding of organizational needs.
• Finalize Opportunity Zones: Driving identification and evaluation of opportunity zones to determine whether we believe there are viable investment theses for company creation.
• Create the End to End Pipes: Leverage the existing infrastructure to fine tune an end to end pathway of evaluation to execution where every stakeholder feels included in the process.
• Source and Co-ideate with founders once an opportunity is identified
• Build and maintain a strong network of external founders, continuously cultivating relationships with entrepreneurs aligned with Cedars-Sinai's strategic priorities.
• Evaluate external founders for partnership and company creation opportunities that advance Cedars-Sinai's mission and innovation objectives.
• Serve as a thought partner throughout venture development, providing strategic guidance before and after operating company formation.
• Facilitate meaningful connections between founders and Cedars-Sinai stakeholders, resources, clinicians, and ecosystem partners.
• Lead the development and launch of new venture-backed companies that leverage validated opportunities and create meaningful impact across the healthcare ecosystem.
• Successfully launch at least one new company annually in partnership with a founder, translating identified opportunities into scalable healthcare businesses.

Skills

1–3+ years experience

Healthcare domain expertise

Financial modeling

Bachelor’s degree

Education

Bachelor’s degree

Job description

Redesign Health, in Los Angeles, partners with Cedars-Sinai to build venture-backed healthcare companies and deploy an institutional platform for healthcare innovation. As a New Ventures Associate, you will research opportunities across the healthcare landscape, build competitive landscapes, and develop investment theses for new ventures or scaled solutions within Cedars-Sinai.

You will work closely with New Ventures and Cedars-Sinai leadership, translate thematic research into fundable