ModMed
We are united in our mission to make a positive impact on healthcare. Join Us!
South Florida Business Journal, Best Places to Work 2024
Inc. 5000 Fastest-Growing Private Companies in America 2024
2024 Black Book Awards, ranked #1 EHR in 11 Specialties
2024 Spring Digital Health Awards, “Web-based Digital Health” category for EMA Health Records (Gold)
2024 Stevie American Business Award (Silver), New Product and Service: Health Technology Solution (Klara)
Who we are:
We Are Modernizing Medicine (WAMM)! We’re a team of bright, passionate, and positive problem-solvers on a mission to place doctors and patients at the center of care through an intelligent, specialty-specific cloud platform. Our vision is a world where the software we build increases medical practice success and improves patient outcomes. Founded in 2010 by Daniel Cane and Dr. Michael Sherling, we have grown to over 3400 combined direct and contingent team members serving eleven specialties, and we are just getting started! ModMed's global headquarters is based in Boca Raton, FL, with a growing office in Hyderabad, India, and a robust remote workforce across the US, Chile, and Germany.
Join ModMed as the Senior Director of Corporate Development and be at the forefront of driving business growth. This pivotal role involves developing a comprehensive M&A strategy, engaging with private equity and venture capital firms on potential acquisition opportunities, establishing relationships with company founders/leaders, leading ModMed’s Investment Committee, and managing deal execution and integration planning.
Your Role:
Strategy:
Partner with ModMed’s leadership team and internal stakeholders to develop ModMed’s M&A strategy, aligning with the internal product roadmap and organic build opportunities.
The M&A strategy will cover all aspects of ModMed’s growth opportunities: current specialties, specialty expansion, AI, product adjacencies, revenue cycle management (RCM), payment services, etc.
Market Engagement & Deal Sourcing:
Build and maintain an M&A pipeline for potential ModMed acquisitions, covering all aspects of the M&A strategy highlighted above.
Establish relationships with private equity and venture capital firms, and engage with them on potential acquisition opportunities across their portfolio companies.
Reach out directly to potential acquisition targets and establish relationships with founders/leadership, while coordinating these efforts with ModMed’s business development team on potential partnership opportunities.
Deal Execution:
Manage the full deal execution process, including valuation analysis, due diligence planning and coordination, and post-close integration planning.
Conduct financial modeling and lead due diligence, including coordinating with internal functions, third-party advisors, ModMed’s private equity partner (Clearlake), and the acquisition target.
Establish and lead the ModMed Investment Committee (IC) to present updates on a recurring basis to ModMed’s executive team, internal deal sponsors, and the Clearlake team.
Skills & Requirements:
Bachelor’s Degree required, MBA or relevant advanced degree preferred.
10+ years of experience in a similar role within investment banking, private equity, and/or corporate development.
Experience working in the healthcare technology market is required.
Proven M&A and program management expertise with strong analytical, modeling, and presentation skills.
Ability to influence at all organizational levels with an executive presence.
Deep understanding of SaaS metrics, unit economics, and operational excellence.
We prefer a local candidate from South Florida or someone willing to relocate and work onsite in our Boca Raton, FL headquarters, three days per week. We are open to considering remote candidates in either eastern or central time zones, willing to travel domestically up to 25%.
#LI-SF1 #LI-REMOTE
ModMed Benefits Highlight:
At ModMed, we believe it’s important to offer a competitive benefits package designed to meet the diverse needs of our growing workforce. Eligible Modernizers can enroll in a wide range of benefits: India Meals & Snacks: Enjoy complimentary office lunches & dinners on select days and healthy snacks delivered to your desk, Insurance Coverage: Comprehensive health, accidental, and life insurance plans, including coverage for family members, all at no cost to employees, Allowances: Annual wellness allowance to support your well-being and productivity, Earned, casual, and sick leaves to maintain a healthy work-life balance, Bereavement leave for difficult times and extended medical leave options, Paid parental leaves, including maternity, paternity, adoption, surrogacy, and abortion leave, Celebration leave to make your special day even more memorable, and company-paid holidays to recharge and unwind. United States Comprehensive medical, dental, and vision benefits, including a company Health Savings Account contribution, 401(k): ModMed provides a matching contribution each payday of 50% of your contribution deferred on up to 6% of your compensation. After one year of employment with ModMed, 100% of any matching contribution you receive is yours to keep. Generous Paid Time Off and Paid Parental Leave programs, Company paid Life and Disability benefits, Flexible Spending Account, and Employee Assistance Programs, Company-sponsored
Business Resource & Special Interest Groups
that provide engaged and supportive communities within ModMed, Professional development opportunities, including tuition reimbursement programs and unlimited access to LinkedIn Learning, Global presence and in-person collaboration opportunities; dog-friendly HQ (US), Hybrid office-based roles and remote availability for some roles, Weekly catered breakfast and lunch, treadmill workstations, Zen, and wellness rooms within our BRIC headquarters. PHISHING SCAM WARNING:
ModMed is among several companies recently made aware of a phishing scam involving imposters posing as hiring managers recruiting via email, text and social media. The imposters are creating misleading email accounts, conducting remote "interviews," and making fake job offers in order to collect personal and financial information from unsuspecting individuals. Please be aware that no job offers will be made from ModMed without a formal interview process, and valid communications from our hiring team will come from our employees with a ModMed email address (first.lastname@modmed.com). Please check senders’ email addresses carefully. Additionally, ModMed will not ask you to purchase equipment or supplies as part of your onboarding process. If you are receiving communications as described above, please report them to the FTC website.
#J-18808-Ljbffr
At ModMed, we believe it’s important to offer a competitive benefits package designed to meet the diverse needs of our growing workforce. Eligible Modernizers can enroll in a wide range of benefits: India Meals & Snacks: Enjoy complimentary office lunches & dinners on select days and healthy snacks delivered to your desk, Insurance Coverage: Comprehensive health, accidental, and life insurance plans, including coverage for family members, all at no cost to employees, Allowances: Annual wellness allowance to support your well-being and productivity, Earned, casual, and sick leaves to maintain a healthy work-life balance, Bereavement leave for difficult times and extended medical leave options, Paid parental leaves, including maternity, paternity, adoption, surrogacy, and abortion leave, Celebration leave to make your special day even more memorable, and company-paid holidays to recharge and unwind. United States Comprehensive medical, dental, and vision benefits, including a company Health Savings Account contribution, 401(k): ModMed provides a matching contribution each payday of 50% of your contribution deferred on up to 6% of your compensation. After one year of employment with ModMed, 100% of any matching contribution you receive is yours to keep. Generous Paid Time Off and Paid Parental Leave programs, Company paid Life and Disability benefits, Flexible Spending Account, and Employee Assistance Programs, Company-sponsored
Business Resource & Special Interest Groups
that provide engaged and supportive communities within ModMed, Professional development opportunities, including tuition reimbursement programs and unlimited access to LinkedIn Learning, Global presence and in-person collaboration opportunities; dog-friendly HQ (US), Hybrid office-based roles and remote availability for some roles, Weekly catered breakfast and lunch, treadmill workstations, Zen, and wellness rooms within our BRIC headquarters. PHISHING SCAM WARNING:
ModMed is among several companies recently made aware of a phishing scam involving imposters posing as hiring managers recruiting via email, text and social media. The imposters are creating misleading email accounts, conducting remote "interviews," and making fake job offers in order to collect personal and financial information from unsuspecting individuals. Please be aware that no job offers will be made from ModMed without a formal interview process, and valid communications from our hiring team will come from our employees with a ModMed email address (first.lastname@modmed.com). Please check senders’ email addresses carefully. Additionally, ModMed will not ask you to purchase equipment or supplies as part of your onboarding process. If you are receiving communications as described above, please report them to the FTC website.
#J-18808-Ljbffr