Senior Associate, Healthcare, Commercial Due Diligence

We are seeking a highly motivated Senior Associate with at least four years of experience in commercial due diligence, healthcare consulting, or healthcare investment analysis. The ideal candidate will have a strong understanding of healthcare markets, providers, payers, and services, with the ability to translate complex market and operational data into actionable investment insights.

This role requires hands-on analytical skills, proficiency in Excel, experience working with payor claims or operational healthcare data, and survey programming.

Key Responsibilities

• Conduct commercial due diligence on healthcare companies and services, assessing market size, growth potential, competitive positioning, and business strategy.
• Analyze provider, payor, and service line dynamics to support investment decisions.
• Work with large datasets and apply quantitative skills to generate actionable market insights and financial models.
• Monitor policy, regulatory, and market developments affecting healthcare delivery, reimbursement, and payer strategy.
• Synthesize findings into clear, data-driven reports and investment recommendations.
• Collaborate with investors, portfolio teams, and healthcare stakeholders to inform strategic decisions.

Qualifications

• 4+ years of relevant experience in commercial due diligence, healthcare consulting, or investment advisory.
• Deep understanding of healthcare markets, payer and provider dynamics, reimbursement, and market access.
• Strong quantitative and technical skills: Excel proficiency required.
• Experience with commercial or government claims data, market research, and financial modeling.
• Experience writing surveys and survey programming.
• Exceptional written and verbal communication skills.
• Bachelor’s degree required; advanced degree a plus.

Compensation and Location

Capstone offers a competitive benefits package, including health, vision, dental insurance, paid vacation, travel stipend, and 401(k). The expected compensation for this role will be $100,000–$130,000 per annum, with eligibility in Capstone's annual bonus pool.

This position is based in our Washington D.C. or New York office. Capstone is in-person Monday through Thursday, with flexible work-from-home Fridays.