Corporate Counsel, Stellar Health
$215-250k
+ Annual performance based bonus and equity grant
Remote with occasional travel
Incentive program for health providers
Posted today
Incentive program for health providers
201-500 employees
Posted today
$215-250k
+ Annual performance based bonus and equity grant
Remote with occasional travel
201-500 employees
Company mission
To improve the quality-of-care and affordability of healthcare for millions of patients in the United States.
Role
Who you are
- Juris Doctor degree from an ABA-accredited U.S. law school. We will also consider a foreign equivalent from an accredited law school with the right background and experience
- Active bar membership in at least one U.S. jurisdiction
- 5-7 years of legal experience
- Preference will be given to candidates who have experience:
- In healthcare technology at a startup, a payor or large provider group, the government, or an accountable care organization
- Building and maturing an legal function to drive efficiency, value, and scalability
- Driving cost savings found by bringing legal resourcing in-house preferred
- Optimizing the contract lifecycle with a keen focus on balancing speed and quality while managing risk to the organization within tolerated limits
- We are also looking for someone who has:
- Experience reviewing and negotiating value based care contracts with various types of healthcare entities required
- Strong understanding of and experience with applicable federal and state healthcare regulations, including telehealth regulations, laws such as AKS, FCA and other fraud and abuse laws, CPOM, scope of practice rules, Medicaid reimbursement rules
- Strong understanding of and experience with federal and state healthcare privacy regulations
- Excellent analytical, communication, and negotiation skills
- Ability to work independently and as part of a cross-functional team
What the job involves
- The Corporate Counsel role is an exciting opportunity to serve as our first in-house counsel, responsible for building out the processes to support an in-house legal function as well as demonstrating the monetary and efficiency value from bringing resourcing in-house
- This individual will also be responsible for drafting, reviewing, and negotiating commercial contracts for our SaaS platform and MSSP ACO
- This is a highly cross-functional role and will work with all parts of the business, particularly our growth and compliance teams, as well as coordinate with third parties, such as our health plan customers, providers, vendors, and external legal partners
- Serve as the first in-house counsel to support our value based care and financial incentives technology platform and other initiatives, including our Accountable Care Organization
- Draft, review, and negotiate a wide range of commercial contracts, including service contracts with Stellar’s customers (health care insurance companies and health care systems), network agreements with medical groups, purchase contracts with vendors, and data use and business associate agreements across these entities
- Use prior experience, knowledge, and commercially-minded judgment to navigate complex negotiations that achieve desired results while managing risk and protecting the company's interests
- Interpret and translate complex healthcare entity relationships and regulatory requirements, including financial incentives and reimbursement, AKS/Stark, corporate practice of medicine, risk adjustment, and HIPAA and other data privacy issues
- Work cross functionally with business teams across the company to analyze legal risks, devise creative but compliant solutions and develop strong, trusted advisor relationships
- Identify, create, and deliver training materials to relevant staff that enables their meaningful participation in the contracting process and enhances organizational efficiency
- Transform existing framework, processes, and documents into a full-fledged internal legal program that can be easily maintained and scaled for growth
- Support the network and enterprise sales teams as they interact with current and potential customers
- Stay aware of emerging or changing regulatory obligations and coordinate required actions with the compliance team
- Create and maintain an inventory of existing contractual obligations
- Support the compliance team with supplemental regulatory research support
- Manage the relationship with external counsel and oversee their work product. Candidates are expected to demonstrate long term savings from the transition to internal resourcing
Our take
A problem in healthcare is little thought is given to the doctors and staff who coordinate all of the daily patient workflow, such as historical claims, pharmacy requests, lab work, testing and billing. Stellar Health aims to drastically reduce these 'chores' through a cloud-based platform on which primary care providers can offer value-based care through real-time information updates about patients.
The point-of-care workflow platform also strives to close the incentive gap between payors and care providers by helping practictioners earn more revenue for keeping patients healthy, rather than simply charging for procedures and treatments. While Stellar Health faces stiff competition from major players such as Siemens Healthcare and AthenaHealth, it has already made great ground in the market with over 750,000 patients across 18 states.
The company have secured significant investment from Primary Venture Partners and Point 72. This funding and its growing revenue is being put towards further scaling its operations and accelerating its product development. Operating in a rapidly growing industry which is expected to be worth just over $4 billion by 2025, Stellar Health is in a good position for future growth and success.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (2 rounds)
Sep 2021
$60m
SERIES B
May 2020
$10m
SERIES A
Total funding: $70m
Company benefits
- Medical, Dental and Vision Benefits
- Unlimited PTO (and ask our recruiting team about the ways we make sure employees are actually taking PTO)
- Universal Paid Family Leave, with up to 21 weeks of fully paid leave available to new parents and caregivers
- Company sponsored One Medical memberships and Citibike memberships
- Medical Travel Benefits
- A monthly wellness stipend that gives employees the freedom to choose where they spend their cash, whether it be on wellness, pet care, childcare, WFH items, or charitable donations
- Stock Options & a 401k matching program
- Career development opportunities like Manager Training, coaching, and an internal mobility program
- A broad calendar of company sponsored social events that for our in-office and remote employees
Company values
- We are a performance culture
- We put our team first
- We Grow From Taking Calculated Risks and Learning from Experience
- Relationships matter
- Sustainable work culture is critical and key to success
Company HQ
Union Square, New York, NY
Articles
Leadership
Michael Meng
(CEO)Studied Business Adminstration, Finance and Accounting at the University of Michigan, before obtaining an MBA from Wharton School, University of Pennsylvania. Started out as an Investment Banking Analysist at Lazard Freres. Served as Principal at Apax Partners, and currently sits on the board of the Global Language Project, CUNY Graduate School of Public Health and Health Policy and Medicomp Inc.
Octavian Costache
(CTO)Obtained a Masters in Computer Science and AI from the University POLITEHNICA of Bucharest. Started out as a freelance Software Engineer, before joining Google as a Senior Software Engineer in 2005. Was a HackStar at TechStars in 2012. Co-founded Spring Inc. in 2013, and Stellar Health in 2018.
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