Our healthcare system is the leading cause of personal bankruptcy in the U.S. Every year, over 50 million Americans suffer adverse financial consequences as a result of seeking care, from lower credit scores to garnished wages. The challenge is only getting worse, as high deductible health plans are the fastest growing plan design in the U.S.
Cedar’s mission is to leverage data science, smart product design and personalization to make healthcare more affordable and accessible. Today, healthcare providers still engage with its consumers in a “one-size-fits-all” approach; and Cedar is excited to leverage consumer best practices to deliver a superior experience.
The Role
We are looking for a Senior Product & Regulatory Counsel to help provide well-reasoned, practical legal advice as we navigate rapidly evolving laws and regulations in healthcare, payments, commercial insurance and government program coverage, data privacy, and AI. We are seeking an attorney with a growth mindset, who enjoys building and improving processes, proactively takes on new responsibilities and is excited by the challenge of providing legal services at a dynamic, emerging growth company.
In this position you will:
- End-to-end product counseling - from the initial stages of product development and beyond - as well as provide legal advice on consumer regulatory, data privacy and security laws, marketing, and technology applications.
- Collaborate with the company's product and business teams from the initial stages of product development and beyond to identify potential legal risks and provide risk-mitigation counseling.
- Contribute to the development of processes to improve our product counseling function.
- Be attentive to upcoming changes in our industry, and help Cedar determine how to react to them.
- Collaborate with other Legal & Compliance Team members and stakeholders throughout the company with respect to product, regulatory & compliance issues - great communications skills are a must.
- Assist the company’s implementation teams to appropriately integrate our platform with large complex customer and vendor systems.
- Review marketing and other communications relating to products that you work on.
- Assist with negotiation of product and regulatory aspects of client, vendor and partnership agreements.
- Contribute as a team player to help further the status of the Legal & Compliance department as an effective, respected, and valued resource within the company.
What we look for in an ideal candidate:
- JD Degree from an accredited law school and license in good standing to practice law in at least one state bar.
- 5+ years relevant legal experience at a top law firm and/or in-house (a combination of both is a plus) in healthcare/healthtech, collections and/or payments. Previous healthcare regulatory and tech experience is required.
- Strong foundation in product counseling, marketing, and technology applications, as well as the capacity and desire to be a generalist and learn new areas of law and legal skills quickly.
- Someone who is able to hear and answer questions that aren't asked and translate technical and regulatory concerns into answers and guidance understandable to non-lawyers.
- Keen business and legal judgment. You know when to say yes or no, but you also know when to escalate concerns.
- Self-starter, who exhibits a “can do” attitude and excels at building solid, collaborative working relationships across teams.
- Interest in the unique privacy and regulatory considerations applicable to healthcare and payments is preferred, including as they relate to the use of AI and machine learning in product- and operations-related processes.
- Experience working for a company offering platform services to large healthcare entities is a plus.
Compensation Range and Benefits
- Salary Range*: $221,000 - $270,000
- This role is equity eligible
- This role offers a competitive benefits and wellness package
*Subject to location, experience, and education
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What do we offer to the ideal candidate?
- A chance to improve the U.S. healthcare system at a high-growth company! Our leading healthcare financial platform is scaling rapidly, helping millions of patients per year
- Unless stated otherwise, most roles have flexibility to work from home or in the office, depending on what works best for you
- For exempt employees: Unlimited PTO for vacation, sick and mental health days–we encourage everyone to take at least 20 days of vacation per year to ensure dedicated time to spend with loved ones, explore, rest and recharge
- 16 weeks paid parental leave with health benefits for all parents, plus flexible re-entry schedules for returning to work
- Diversity initiatives that encourage Cedarians to bring their whole selves to work, including three employee resource groups: be@cedar (for BIPOC-identifying Cedarians and their allies), Pridecones (for LGBTQIA+ Cedarians and their allies) and Cedar Women+ (for female-identifying Cedarians)
- Competitive pay, equity (for qualifying roles) and health benefits that start on the first of the month following your start date (or on your start date if your start date coincides with the first of the month)
- Cedar matches 100% of your 401(k) contributions, up to 3% of your annual compensation
- Access to hands-on mentorship, employee and management coaching, and a team discretionary budget for learning and development resources to help you grow both professionally and personally
About us
Cedar was co-founded by Florian Otto and Arel Lidow in 2016 after a negative medical billing experience inspired them to help improve our healthcare system. With a commitment to solving billing and patient experience issues, Cedar has become a leading healthcare technology company fueled by remarkable growth. "Over the past several years, we've raised more than $350 million in funding & have the active support of Thrive and Andreessen Horowitz (a16z).
As of November 2024, Cedar is engaging with 30 million patients annually and is on target to process $3.5 billion in patient payments annually. Cedar partners with more than 55 leading healthcare providers and payers including Highmark Inc., Allegheny Health Network, Novant Health, Allina Health and Providence.
