Astrana is scaling nationally through acquisitions, provider group partnerships, and new market entry. The Corporate Development team sits at the center of that growth: sourcing and evaluating targets, building the valuation and deal models that drive investment decisions, and carrying transactions through diligence, close, and integration.
We are hiring a Senior Manager or Director of Corporate Development (title commensurate with experience) to own deal analytics end to end — from first-pass screening through board-ready valuation work — and to serve as the organizational backbone for post-close integration. This is a high-visibility role with direct exposure to executive leadership and the transactions that define Astrana's national footprint.
Our Values:
Put Patients First
Empower Entrepreneurial Provider and Care Teams
Operate with Integrity & Excellence
Be Innovative
Work As One Team
What You'll Do
Build and own valuation analyses for acquisition and partnership targets, including discounted cash flow (DCF), comparable company, precedent transaction, and accretion/dilution analyses
Construct and maintain detailed operating and deal models in Excel, including membership, PMPM revenue, medical cost, and synergy assumptions specific to value-based care economics
Lead financial and operational due diligence workstreams: manage data rooms, coordinate diligence request lists across finance, legal, clinical, and IT functions, and synthesize findings into clear go/no-go recommendations
Prepare investment committee memos, board materials, and executive presentations that translate analysis into decisions
Support deal execution: LOI and term sheet analytics, purchase price mechanics, working capital and earnout structuring support alongside legal and finance
Drive post-close integration planning and execution: build integration workplans, track milestones and synergy capture, run cross-functional integration meetings, and escalate risks early
Maintain the corporate development pipeline: track targets, manage CRM hygiene, and produce recurring pipeline reporting for leadership
Conduct market landscaping and competitive analysis for new geographies and adjacencies
Qualifications
Experience in investment banking, management consulting, private equity, or corporate development (Senior Manager: 3+ years; Director: 5+ years with demonstrated deal leadership)
Demonstrated fluency in valuation methodologies: you can build a DCF from a blank workbook and defend every assumption in it
Healthcare experience or a demonstrated, specific interest in healthcare, ideally provider services, value-based care, managed care, or healthcare services M&A
Exceptional organizational skills: you can run multiple diligence and integration workstreams simultaneously without dropping threads
Strong written and verbal communication; able to distill complex analysis for executive and board audiences
Bachelor's degree in finance, economics, accounting, or a related field
You're Great for This Role If
You have worked on healthcare services transactions: independent practices, physician groups, IPAs, MSOs, risk-bearing organizations, or adjacent provider services
You understand value-based care economics: capitation, risk adjustment, shared savings, and medical loss dynamics
You have supported or led post-merger integration and know what a good integration workplan looks like
You are comfortable with ambiguity and can build the first version of an analysis without a template
You are proficient in PowerPoint and can produce board-quality materials quickly
You have experience with data room platforms and pipeline/CRM tools
Environmental Job Requirements and Working Conditions
Remote, US based position - with preference for candidates based in the greater Los Angeles area.
Periodic travel required for target site visits, diligence sessions, and integration support (estimated 25%)
The base salary compensation target pay range for this role is: $130,000 – $160,000 (Senior Manager) / $160,000 – $200,000 (Director), plus annual bonus eligibility. The salary range represents our national target range for this role. Actual compensation will be determined based on level, geographic location (current or future), experience, and other job-related factors.