Summary
Overview
Work History
Education
Skills
Timeline
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Najib Jai

Summary

Innovative entrepreneur experienced with new venture creation and strategic initiatives. Utilizes innovative thinking, business acumen, leadership skills, and medical experience to drive success. Track record of fostering collaborative environments, adapting to changing market conditions, and delivering measurable results. Highly reliable and adept at aligning team efforts with organizational goals to achieve significant impact.




Overview

6
6
years of professional experience

Work History

Co-Founder & CEO

Conduce Health (AI Value-Based Specialty Care Company)
05.2022 - Current
  • Developed multi-specialty VBC business model, go-to-market strategy, initial customer base & secured $1.5M in pre-seed funding
  • Executed first enterprise customer contracts with an a16z-backed at-risk primary care company
  • Contracted a >150 specialty physician network in four weeks ahead of CMS deadlines
  • Hired and managed team of engineers and an Executive Leadership Team comprised of a Chief Growth Officer, COO, and CFO
  • Drove AI product developments and secured $4M in Seed funding from AlleyCrop, Connecticut Innovations, Seae Ventures, Black Opal Ventures, City Light, and others.
  • Facilitated and managed positive investor relations through Board of Director communications, materials, and meetings
  • Built and fostered a collaborative, results-oriented company culture


Director, Population Health Team

Oak Street Health
08.2021 - 05.2022
  • Lead, developed and executed a strategy for the operational integration for Oak Street's largest acquisition of RubiconMD ($160M transaction value) resulting in a 3x increase in provider utilization of eConsult tool leading to a projected $1.2M med cost impact
  • Created, led, and managed 40-person, executive leadership specialty care steering committee across clinical and operational executives, divisional presidents, and virtual specialty care product teams with aim of building out virtual specialty care element
  • Conduct diligence, negotiate contracts, and co-lead two company-wide pilots with a physical therapy vendor and utilization management company focused on musculoskeletal care
  • Develop a company-wide strategy to address Medicare Part D savings opportunities and co-created a formal Pharmacy and Therapeutics Committee to serve as a governing body for prescribing patterns and company pharmaceutical policies.

MD/MBA Fellow

Valor Equity Partners (Growth Equity Stage Private Equity Firm)
02.2021 - 05.2021
  • Conducted scientific and medical due diligence for a ~$54M funding round of an early-stage synthetic protein company
  • Constructed investment committee materials inclusive of a thorough financial model and IC Memos for growth businesses


Private Equity MD/MBA Summer Associate

MoonSail Capital Partners (Lower Middle Market Healthcare Services Private Equity)
06.2020 - 08.2020
  • Completed extensive Payer contract analysis to co-lead negotiations with a hospital system on behalf of a portfolio company
  • Worked closely with CEO and led cross-functional teams, contributing valuable insights that led to integration plan for 2, 4 location-based ophthalmology practices into a single platform investment
  • Developed and managed liquidity models and strategies contributing to stable business operations during Covid-19 Pandemic

Private Equity MD/MBA Associate

Chicago Pacific Founders (Middle Market Healthcare Services Private Equity)
02.2020 - 05.2020
  • Created investment theses on hospice care and ambulatory surgery centers in orthopedic surgery and cardiology service lines
  • Performed CIM reviews and created detailed financial models for platform acquisition opportunities

Private Equity MD/MBA Associate

The Mandeville Group (Lower Middle Market Healthcare and Business Services Private Equity)
06.2019 - 02.2020
  • Assisted current healthcare portfolio companies prioritize organic growth and add-on opportunities through market landscaping
  • Conducted proprietary deal sourcing of 150+ companies - resulted in 20 contacts, 3 medical device laboratory IOIs, and 1 genetics company LOI

Education

Master of Business Administration -

The University of Chicago Booth School of Business
Chicago, IL
06.2021

Medical Doctor - undefined

The University of Chicago Pritzker School of Medicine
Chicago, IL
06.2021

Bachelor of Arts - Chemistry, Minor in Biology

Duke University
Durham, NC
05.2015

Skills

  • Strategic visioning
  • Fundraising
  • Business development
  • Strategic partnerships
  • Customer relations
  • Innovation skills
  • Clear communication

Timeline

Co-Founder & CEO

Conduce Health (AI Value-Based Specialty Care Company)
05.2022 - Current

Director, Population Health Team

Oak Street Health
08.2021 - 05.2022

MD/MBA Fellow

Valor Equity Partners (Growth Equity Stage Private Equity Firm)
02.2021 - 05.2021

Private Equity MD/MBA Summer Associate

MoonSail Capital Partners (Lower Middle Market Healthcare Services Private Equity)
06.2020 - 08.2020

Private Equity MD/MBA Associate

Chicago Pacific Founders (Middle Market Healthcare Services Private Equity)
02.2020 - 05.2020

Private Equity MD/MBA Associate

The Mandeville Group (Lower Middle Market Healthcare and Business Services Private Equity)
06.2019 - 02.2020

Medical Doctor - undefined

The University of Chicago Pritzker School of Medicine

Master of Business Administration -

The University of Chicago Booth School of Business

Bachelor of Arts - Chemistry, Minor in Biology

Duke University