Managing Director of New Ventures - Cedars-Sinai
About the role
This role is responsible for creating healthcare companies within the Digital Innovation Platform at Cedars-Sinai, a partnership between Redesign Health and Cedars-Sinai. The platform combines Redesign's healthcare company-building methodology with Cedars-Sinai's extensive clinical network, data assets, and commitment to serve as the first customer for every company created.
What You’ll Do
Own the day-to-day relationship between Redesign Health and Cedars-Sinai. Serve as the accountable driver of delivery against the partnership’s commitments. Participate in Joint Operating Committee, Steering Committee, and Investment Committee meetings.
Identify and engage with clinicians, researchers, and operational leaders to understand where digital solutions can create outsized value. Translate insights into original investment theses grounded in stakeholder willingness to pay, clinical workflow integration, and market structure.
Identify and attract exceptional founders to lead the companies this platform creates. Present the value proposition of the Cedars-Sinai Digital Innovation Platform to founders, including a validated clinical thesis, first institutional capital, day-one access to Cedars-Sinai’s provider network and data platform, a committed first customer, and Redesign’s full venture-building infrastructure.
Shepherd concepts through Redesign’s Investment Committee with clarity, speed, and honest representation of risks. Ensure concepts arrive at IC with a clear path to Cedars-Sinai as a design partner and first customer.
Support founding teams post-funding. Help founders access Cedars-Sinai’s clinical network for piloting, implementation, and research validation. Deliver Redesign’s strategic support: domain expertise, go-to-market acceleration, fundraising positioning, and governance insight.
Lead and develop the New Ventures team assigned to the Cedars-Sinai partnership. Provide direct management for Associates and Principals. Mentor junior talent while contributing to Redesign’s broader organizational strategy and venture creation methodology.
What You’ll Need
10+ years of experience in healthcare, with meaningful exposure to company creation, investing, or strategic innovation - whether from venture capital, corporate venture, health system innovation, strategy consulting, operations, or a combination.
Experience working with or inside large healthcare organizations (academic medical centers, integrated delivery networks, payers, or health tech companies serving them) and an intuition for how institutions adopt new technology.
Healthcare domain expertise 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; MBA preferred.
Core Competencies
Institutional Credibility: Earn trust with senior clinicians, health system executives, and C-suite leaders. Build internal champions, align incentives across departments, and turn institutional interest into institutional commitment.
Founder Instinct: Recognize the exceptional in non-standard backgrounds. Sell a vision and close a founder.
Commercial Judgment: Map every concept to a specific stakeholder’s willingness to pay, understand unit economics, and sense whether a business model can scale. Combine academic depth with commercial instinct.
Speed to Kill: Say no quickly to concepts, founders, and your own ideas. Nothing lingers in an uncertain state. Time spent on mediocre opportunities is time away from exceptional ones.
Relationships Over Research: Spend disproportionate time with clinicians, founders, VCs, operators, and payers. A few sharp primary conversations answer questions that weeks of secondary research cannot.
Radical Honesty: Surface risks early, communicate directly even when the message is unwelcome, and maintain strong opinions loosely held.
Partnership Orientation: Subordinate process preferences to founder needs. Be the first person every founder calls in a crisis and the person Cedars-Sinai’s team trusts to represent the partnership accurately.
Technology Innovator: Reserve time for the irreplaceable: relationships, taste, judgment, primary conversations, and selling. Have built systems and workflows far more sophisticated than basic LLM usage and are constantly experimenting with new ways to compress months of work into weeks.
Location
This is a hybrid role requiring 3-4 days in-office in Los Angeles.