Senior Product & Regulatory Counsel, Cedar
$221-270k
This role is equity eligible
Financial engagement & billing for healthcare providers
Be an early applicant
Financial engagement & billing for healthcare providers
501-1000 employees
Be an early applicant
$221-270k
This role is equity eligible
501-1000 employees
Company mission
To make healthcare more affordable and accessible through its consumer-friendly platform.
Role
Who you are
- JD Degree from an accredited law school and license in good standing to practice law in at least one state bar
- 5+ years relevant legal experience at a top law firm and/or in-house (a combination of both is a plus) in healthcare/healthtech, collections and/or payments
- Previous healthcare regulatory and tech experience is required
- Strong foundation in product counseling, marketing, and technology applications, as well as the capacity and desire to be a generalist and learn new areas of law and legal skills quickly
- Someone who is able to hear and answer questions that aren't asked and translate technical and regulatory concerns into answers and guidance understandable to non-lawyers
- Keen business and legal judgment
- You know when to say yes or no, but you also know when to escalate concerns
- Self-starter, who exhibits a “can do” attitude and excels at building solid, collaborative working relationships across teams
- Interest in the unique privacy and regulatory considerations applicable to healthcare and payments is preferred, including as they relate to the use of AI and machine learning in product- and operations-related processes
- Experience working for a company offering platform services to large healthcare entities is a plus
What the job involves
- We are looking for a Senior Product & Regulatory Counsel to help provide well-reasoned, practical legal advice as we navigate rapidly evolving laws and regulations in healthcare, payments, commercial insurance and government program coverage, data privacy, and AI
- We are seeking an attorney with a growth mindset, who enjoys building and improving processes, proactively takes on new responsibilities and is excited by the challenge of providing legal services at a dynamic, emerging growth company
- End-to-end product counseling - from the initial stages of product development and beyond - as well as provide legal advice on consumer regulatory, data privacy and security laws, marketing, and technology applications
- Collaborate with the company's product and business teams from the initial stages of product development and beyond to identify potential legal risks and provide risk-mitigation counseling
- Contribute to the development of processes to improve our product counseling function
- Be attentive to upcoming changes in our industry, and help Cedar determine how to react to them
- Collaborate with other Legal & Compliance Team members and stakeholders throughout the company with respect to product, regulatory & compliance issues - great communications skills are a must
- Assist the company’s implementation teams to appropriately integrate our platform with large complex customer and vendor systems
- Review marketing and other communications relating to products that you work on
- Assist with negotiation of product and regulatory aspects of client, vendor and partnership agreements
- Contribute as a team player to help further the status of the Legal & Compliance department as an effective, respected, and valued resource within the company
Our take
Over $1 billion is said to be lost annually by physicians as a result of inefficient and disjointed healthcare billing practices. The subsequently low patient satisfaction rates lead to poorer care, and real losses for providers who see patients switching away from their plans.
Cedar looks to remedy these issues with a selection of consumer-facing services which streamline billing, insurance and healthcare processes. Healthcare billing concerns a huge percentage of US adults, so optimizing patient satisfaction is of increasing concern - a great opportunity for the company.
After acquiring competing patient finance streamlining service OODA Health in 2021, Cedar netted substantial funds and launched its Payer Intelligence Layer. This allows it to integrate data from insurers and providers to create a single source of information. The company was also endorsed by the Montana Hospital Association's shared services division, to be listed as its only preferred patient financial engagement technology.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Dec 2022
$68.4m
SERIES D
Mar 2021
$200m
SERIES D
Total funding: $394.4m
Company benefits
- Flexibility to work from home or in the office, depending on what works best for you
- Health insurance
- Offices in Manhattan, San Francisco and Salt Lake City
- Free lunch, healthy snacks, cold brew and kombucha on tap (Yup!)
- Guided-meditation and game nights (Weekly!)
- Unlimited PTO for vacation, sick and mental health days–we encourage everyone to take at least 20 days of vacation per year
- 16 weeks paid parental leave with health benefits for all parents, plus flexible re-entry schedules for returning to work
- Diversity initiatives that encourage Cedarians to bring their whole selves to work, including three employee resource groups: be@cedar (for BIPOC-identifying Cedarians and their allies), Pridecones (for LGBTQIA+ Cedarians and their allies) and Cedar Women+ (for female-identifying Cedarians)
- Equity (for qualifying roles) and health benefits that start on your first day
- 401k plan with 3% employer non-election contribution
- Access to hands-on mentorship, employee and management coaching, and a stipend for learning and development resources to help you grow both professionally and personally
Company HQ
West Village, New York, NY
Leadership
Arel Lidow
(Co-Founder)Previously VP of product at AppNexus where they supervised the development and launch of the company’s flagship products. Began their career as a technology associate at Bridgewater Associates, working on trading systems for the world’s largest hedge fund.
Dr. Florian Otto
(Co-Founder & CEO)Previously an executive at Zocdoc where they drove the commercial adoption of the platform. Also founded a daily deal company in Brazil (ClubeUrbano) that was eventually acquired by Groupon. Began their business career as a strategy consultant at McKinsey & Company.
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