Senior Associate, Healthcare, Commercial Due Diligence

Job Description: 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. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.