VP, M&A

Hippocratic AI is the leading generative AI company in healthcare. We have the only system that can have safe, autonomous, clinical conversations with patients. We have trained our own LLMs as part of our Polaris constellation, resulting in a system with over 99.9% accuracy.

Reinvent healthcare with AI that puts safety first. We’re building the world’s first healthcare‑only, safety‑focused LLM — a breakthrough platform designed to transform patient outcomes at a global scale. This is category creation.

Work with the people shaping the future. Hippocratic AI was co‑founded by CEO Munjal Shah and a team of physicians, hospital leaders, AI pioneers, and researchers from institutions like El Camino Health, Johns Hopkins, Washington University in St. Louis, Stanford, Google, Meta, Microsoft, and NVIDIA.

Backed by the world’s leading healthcare and AI investors. We recently raised a $126M Series C at a $3.5B valuation, led by Avenir Growth, bringing total funding to $404M with participation from CapitalG, General Catalyst, a16z, Kleiner Perkins, Premji Invest, UHS, Cincinnati Children’s, WellSpan Health, John Doerr, Rick Klausner, and others.

Build alongside the best in healthcare and AI. Join experts who’ve spent their careers improving care, advancing science, and building world‑changing technologies — ensuring our platform is powerful, trusted, and truly transformative.

Location Requirement

We believe the best ideas happen together. To support fast collaboration and a strong team culture, this role is expected to be in our Palo Alto office five days a week, unless otherwise specified.

We are hiring a VP, M&A to be a core member of HAI’s corporate development team. You will source, conduct due diligence, evaluate, and execute acquisitions across healthcare services and tech-enabled services. Near-term priorities include a roll-up strategy (patient access, triage, after-hours, scheduling), but the role will also work on partnerships, and selective divestitures/ JVs/ Carveouts as our strategy evolves.

• Build segmented market maps and target lists across priority verticals; maintain a proactive pipeline and CRM.

• Develop investment theses and business cases (market sizing, positioning, synergy logic, execution risks).

• Cultivate relationships with founders, bankers, brokers, PE funds, and lenders.

• Lead cross-functional diligence (commercial, financial, legal, HR, tech/security, and—where applicable—clinical ops).

• Own models and investment materials: LBO/roll-up cases, purchase price bridge with WC peg & debt-like items, sources & uses tie-out, synergy cases/ramps, downside scenarios, and NPV/IRR.

• Partner with external advisors (QoE, legal, tax, insurance/RWI) and financing sources.

• Run end-to-end processes from IOI/LOI through close; drive workstreams, data rooms, and redlines.

• Stand up pragmatic Day-1/30/100 integration plans; coordinate TSAs and change management.

• Track value-creation levers (revenue expansion, SG&A optimization, WFM, vendor consolidation) and report results.

• Establish KPI dashboards and cadence for post-close performance (financial and operational).

• Manage risk registers and mitigation plans.

• Mentor analysts/associates; instill high-bar deal hygiene and documentation standards.

Must-Have:

• 5+ years in private equity, independent sponsor, investment banking, or corporate development with multiple closed transactions (ideally including at least one or two roll-up or multi-site integration).

• Strong financial modeling and underwriting skills; comfort with debt financing and definitive documents.

• Healthcare services familiarity and working knowledge of HIPAA/BAA constructs; contact center exposure a plus.

• Excellent executive communication (written and verbal) and stakeholder management.

Nice-to-Have:

• Prior exposure to contact centers or outsourced clinical operations (triage, patient access, scheduling).

• Experience with TSAs, carve-outs, and cross-border tuck-ins.

• Familiarity with AI/automation in service operations (QA, WFM, routing, agent assist).

• Network among lower-middle-market sponsors, bankers, and lenders in healthcare services.

Compensation & Location

• Competitive salary + meaningful equity; performance bonus tied to deal execution and value-creation outcomes.

• On-site in Palo Alto with periodic travel for sourcing, diligence, and integration (≈30–40%).

Please be aware of recruitment scams impersonating Hippocratic AI. All recruiting communication will come from @hippocraticai.com email addresses. We will never request payment or sensitive personal information during the hiring process.