Virta Health

Regulatory Compliance and Contracts Administrator

Remote

$94,000 – $108,000Compensation
Junior (1 to 2 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Financial Services, CybersecurityIndustries

Requirements

Candidates should have paralegal or other legal or compliance experience in healthcare or another highly regulated industry. Strong interpersonal and organizational skills are essential, along with a collaborative team player mindset.

Responsibilities

The Regulatory Compliance and Contracts Administrator will act as the first point of contact for all inbound legal and compliance queries, escalating matters to the legal team as necessary. They will manage commercial contracts within Ironclad CLM, assist with RFIs/RFPs, and handle vendor data security and privacy questionnaires. The role involves managing recurring tasks to mitigate regulatory risk, assisting with incident and breach investigations, and supporting the preparation of public regulatory filings. Responsibilities also include managing risk assessments, coordinating audit responses, maintaining corporate records, and managing the Legal team's internal website.

Skills

Contract Management
Legal Compliance
Regulatory Affairs
Risk Assessment
Vendor Management
Data Security
Privacy
Information Security
Record Keeping
Healthcare Regulations

Virta Health

Reverses type 2 diabetes through personalized care

About Virta Health

Virta Health focuses on reversing type 2 diabetes through a combination of personalized nutrition, continuous remote care, and behavioral science. Their treatment is designed for individuals diagnosed with type 2 diabetes, healthcare providers, and enterprise partners like employers and health plans. Unlike many competitors, Virta Health operates on a performance-based model, meaning they only receive payment if they achieve successful outcomes for their patients. This aligns their financial incentives with patient health improvements. The company's goal is to reverse type 2 diabetes in 100 million people, making their approach not just about managing diabetes but actively working towards its reversal.

Key Metrics

Denver, ColoradoHeadquarters
2014Year Founded
$362.8MTotal Funding
SERIES_ECompany Stage
Biotechnology, HealthcareIndustries
501-1,000Employees

Benefits

Remote-first work environment
Flexible work hours & time off policy
Health insurance
Paid parental leave
Free Virta treatment & family discount
Internet, home office, learning & development stipends
Employee resource groups
401K & ROTH contribution

Risks

Increased competition in diabetes reversal could threaten Virta's market share.
Rising popularity of GLP-1 medications may divert clients from Virta's approach.
Regulatory changes in GLP-1 prescriptions could impact Virta's business model.

Differentiation

Virta Health offers a medication-free approach to reversing type 2 diabetes.
Their performance-based model aligns financial incentives with patient outcomes.
Virta's continuous remote care platform provides personalized nutrition and behavioral support.

Upsides

Virta Health has achieved over $100M in annualized revenue with sustainable weight loss solutions.
Partnerships with major payers like U-Haul enhance Virta's market reach and credibility.
Growing skepticism about GLP-1 medications boosts demand for Virta's alternative treatments.

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