Senior Associate, Transaction Advisory Services, Healthcare
Intrinsic
| Company | Intrinsic |
| Category | Healthcare |
| Location | Remote |
| Remote | Remote |
| Employment | Not stated |
| Level | Senior |
| Salary | Not stated by the employer |
| Posted | 29 Apr 2026 |
| Last verified | 12 Aug 2026 |
| Source | Employer ATS (greenhouse) |
Description
The Role
Healthcare M&A deals don't run on a standard diligence playbook. Revenue cycle performance, payor mix sensitivity, provider compensation structures, and reimbursement risk require someone who can read what the data is actually saying — not just organize it.
As a Senior Associate on Intrinsic's healthcare TAS team, you'll execute the analytical core of buy-side and sell-side financial due diligence: proof of cash, QoE analysis, net working capital, revenue, and profitability trending. You'll work directly alongside VPs and Directors on PE-backed healthcare deals, building real sector depth and technical command in one of the most dynamic corners of the M&A market.
Why Intrinsic
You own your development. Intrinsic is not a place where careers happen to you. You run real workstreams, own your deliverables, and are accountable for what goes out the door. If you want to grow fast, the environment supports it — but you have to drive it.
The path forward is clear. Intrinsic is a private, independent firm — not a bureaucracy. The progression from Senior Associate to Vice President is defined and real. When you're ready to step up, the opportunity is there. As you advance, so does your stake in what we're building: at the Director level and above, our employee ownership structure means the firm's success is directly yours.
When the firm wins, you feel it. Before you reach ownership, the 15% bonus target at this level is meaningful and tied to the firm's performance. This isn't a token variable comp — it's a real part of how you're rewarded for strong work in a strong year.
What You'll Do
Engagement Execution
Execute core financial due diligence analyses: proof of cash, revenue and profitability trending, balance sheet reviews, vendor and payroll analysis, and QoE/NWC adjustments
Build and maintain databooks from large, complex datasets — organized, formatted, and accurate enough to support defensible conclusions
Draft report sections and revise based on VP and Director feedback; your work product needs to be clear and precise before it moves up
Manage the data room — track incoming documentation, flag gaps, and keep outstanding requests current
Prepare analytical exhibits and financial questions ahead of management meetings
Own your self-review; accuracy is your responsibility before anyone else sees it
Healthcare-Specific Analysis
Revenue cycle dynamics: collections trends, denial rates, days in A/R, coding and billing patterns
Payor mix and reimbursement rate sensitivity across commercial, Medicare, and Medicaid
Provider productivity and compensation model analysis (wRVU-based, collections-based, hybrid structures)
Healthcare-specific QoE adjustments: pro forma provider adds, contract rate changes, one-time reimbursement impacts
MSO structures, de novo vs. acquisition growth, and ancillary service performance
Firm Contribution
Support internal initiatives between engagements: peer coaching, recruiting, process improvement, and practice development
Track activity and manage workflow through Salesforce and firm tools
What Makes You a Fit
Your background:
At least 2 years of experience in audit, financial due diligence, transaction advisory, or closely related financial analysis
Bachelor's degree in Accounting, Finance, or Business; CPA licensed or actively pursuing preferred
Strong Excel skills with the ability to handle large, complex datasets accurately and efficiently
Ability to synthesize financial data into clear findings — not summaries, but conclusions with a point of view
Experience with or a genuine interest in healthcare services, provider businesses, or healthcare transactions is a meaningful plus
How you work:
You drive your own career — you don't wait for someone to hand you opportunities, you earn them
You own your work prod