At LifeStance Health, we strive to help individuals, families, and communities with their mental health needs. Everywhere. Every day. It’s a lofty goal; we know. But we make it happen with the best team in mental healthcare.
Thank you for taking the time to explore a career with us. As the fastest growing mental health practice group in the country, now is the perfect time to join our team!
LifeStance Health Values
Belonging: We cultivate a space where everyone can show up as their authentic self.
Empathy: We seek out diverse perspectives and listen to learn without judgment.
Courage: We are all accountable for doing the right thing - even when it's hard - because we know it's worth it.
One Team: We realize our full potential when we work together towards our shared purpose.
At LifeStance Health, we strive to help individuals, families, and communities with their mental health needs. Everywhere. Every day. It’s a lofty goal; we know. But we make it happen with the best team in mental healthcare.
Thank you for taking the time to explore a career with us. As the fastest growing mental health practice group in the country, now is the perfect time to join our team!
LifeStance Health Values
· Belonging: We cultivate a space where everyone can show up as their authentic self
· Empathy: We seek out diverse perspectives and listen to learn without judgment
· Courage: We are all accountable for doing the right thing - even when it's hard - because we know it's worth it
· One Team: We realize our full potential when we work together towards our shared purpose
Job Summary:
LifeStance Health is seeking a dynamic and strategic Corporate Development Associate to support growth initiatives, including mergers and acquisitions (M&A), strategic partnerships, and market expansion opportunities. The ideal candidate will have strong financial acumen, analytical capabilities, and deal execution experience to support the company’s long-term strategic goals.
Consistent with LifeStance’s values, every member of the LifeStance team is expected to support each other and the mission, which may mean participating in projects and initiatives and performing functions and responsibilities not specifically outlined in this job description
Key Responsibilities:
· Manage data collection and analysis of new acquisitions by working with sellers and corporate and regional teams through the following transaction phases:
· Acquisition Sourcing
· Assist with market research, competitive analysis, and industry trend evaluation to identify both strategic and tuck-in acquisitions and other strategic growth opportunities.
· Support the analysis of key markets and market segments in relation to LifeStance’s existing business
· Pre-term sheet financial and operational analysis and diligence
· Due Diligence
· Work with target to obtain all necessary data and documentation, as applicable, including:
· Financial and operational data
· EMR and practice management system reports
· Payor contracts and contracted rates
· Clinician contracts
· Clinician demographics, licensure and credentialing information
· Employee demographics and contracts
· Develop financial models, valuation analyses, budgets and business cases to assess potential opportunities.
· Preparing, formatting and analyzing data for presentation to key corporate stakeholders
· Integrations
· Collaborate with cross-functional teams including finance, legal, operations, and business development teams to ensure seamless execution and integration of acquisitions and other transactions.
· Assist in post-merger integration and tracking performance metrics of acquired entities.
· Act as liaison between sites and corporate staff to ensure efficiency of data collection
· Using collections reports and contracted rates to calculate fixed fee payment tables for clinician payroll
· Support the credentialing of clinicians on new payor contracts when necessary
· Transitioning applicable licenses and contracts
Qualifications and Skills:
· Bachelor’s degree in Finance, Business, Economics, or a related field
· 2+ years of experience in corporate development, investment banking, management or financial due diligence consulting, or private equity, ideally with a specialization in healthcare
· Experience in financial modeling, M&A execution, M&A integration and/or strategic planning
· Strong analytical and project management skills
· Strong executive presence and collaboration skills with the ability to present to, and influence, senior executives
· Self-motivated team player with strong inter-personal skills and demonstrated excellent written and verbal communication skills
· Excellent organizational and time management skills, with acute attention to detail
· High level of integrity and discretion in handling confidential information
· Proficient in Microsoft Excel and PowerPoint
· Excellent understanding of corporate finance and accounting principles
Compensation: $85,000.00 – 100,000.00/annually, with additional annual bonus potential.
LifeStance provides the compensation range and benefits that it in good faith believes it might pay and/or offer for this position. LifeStance reserves the right to ultimately pay more or less than the posted range and offer additional benefits and other compensation, depending on circumstances not related to an applicant’s sex or other status protected by local, state, or federal law.
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LifeStance is an equal opportunity employer. We celebrate diversity and are fully committed to creating an inclusive work environment for all our employees. Learn more about Diversity, Equity and Inclusion at LifeStance.
Benefits
As a full-time employee of LifeStance Health, the following benefits are offered: medical, dental, vision, AD&D, short and long-term disability, and life insurance. Additional benefits include a 401k retirement savings with employer match, paid parental leave, paid time off, holiday pay and an Employee Assistance Program.
