Rebuild Healthcare as it Should Be - Value-Based Physician Opportunity in Indianapolis, IN
Company: Oak Street Health
Location: Indianapolis
Posted on: March 17, 2026
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Job Description:
Job Description Title: Medical Director Company Description Oak
Street Health is a rapidly growing, innovative company of
community-based healthcare centers delivering higher quality health
and wellness care that improves outcomes, manages medical costs and
provides an unmatched experience for adults on Medicare in
medically underserved communities. By providing holistic,
comprehensive and integrated care right in our patients’
communities, we can help keep them healthy and reinvest cost
savings in further care for those same communities and others.
Since 2013, Oak Street Health has brought its singular approach to
tens of thousands of people across the nation. With an ambitious
growth trajectory, Oak Street Health is attracting and cultivating
team members who embody Oak Street values and are passionate about
our mission to rebuild healthcare as it should be. For more
information, visit www.oakstreethealth.com. Position Description
The Medical Director will join Oak Street Health at a critical time
in the history of our company and of primary care. The opportunity
for impact is large and growing, and Oak Street is leading the
transition from fee-for-service to value-based care. The Medical
Director will be responsible for leading our clinicians in his/her
neighborhood of clinics. The Medical Director will practice primary
care in our clinics alongside their physician colleagues on a
part-time basis to enable context for the practice and to remain
close to our patients. On top of that limited clinical role they
will have mission-critical leadership responsibilities, which
include setting an example for how thoughtful primary care is
practiced, serving as a formal mentor, coach, and advisor to
providers in Oak Street clinics, and participating in critical
organizational-wide strategic initiatives. Candidate
Responsibilities In addition to part-time clinical duties, a
Medical Director has substantial administrative time for the
following leadership and administrative duties: Provider Management
: We want provider leadership as close to the bedside as possible.
This means our medical directors are in clinics to provide
management support and structure to our physicians and teams. This
includes ensuring clinic and on-call schedules are adequately
staffed, coaching/interviewing/promoting Medical Director
candidates to take local leadership roles, owning performance
reviews for Medical Directors, and supporting new physician
orientations among a multitude of other functions. Medical
Directors also serve as the local medical director in their home
clinic. Leadership & Coaching : At Oak Street success isn’t
completing the visit or hitting an R.V.U. target. Success is high
quality care: (1) minimal hospital admissions, (2) excellent
preventive/chronic disease quality metrics, and (3) a great patient
experience. In other words: help our patients be happy, healthy,
and out of the hospital. Our Medical Directors understand these
ends and the means to achieve them, and they recognize these skills
don’t come naturally to many clinicians; our Medical Director share
their wisdom with others and help other clinicians understand the
value in value-based care. They help physicians master the
data-driven tools and practices required to keep patients well and
out of the hospital. They engage all level of providers to the
benefit of our teams and our patients. Tactically this includes
delivering monthly quality dashboards to teams, coaching on tools
to improve quality outcomes, and ensuring physicians are engaged
and responsible for the quality of care they deliver. Support
Organizational Strategy : We expect our Medical Directors to
support our goal of continuous improvement. This is leadership
close to the bedside, and it gives our medical directors a chance
to be ears-on-the-ground as well as eyes-in-the-sky, sharing best
practices and improvement opportunities with others on the Oak
Street team. The Medical Director’s duties are primarily focused on
the smart management of his/her regional neighborhood, but they
will have strategic input into a variety of organizational-wide
projects and other initiatives which will fall into the following
categories: Care Management Quality Improvement Utilization
Management Clinical Committee Functions/Leadership Network
Management Health Plan Management Documentation/Risk Adjustment
Clinical Compliance & Policy Development Candidates with specific
experience and expertise in these fields will have greater input
into those initiatives and can expect growing roles in these
domains as we grow. Drive Culture: At Oak Street, we believe in a
work hard-play hard work environment, and our Medical Directors are
expected to set that example. We balance the sacred nature of the
duty to our patients with the simple-yet-novel idea that practicing
medicine should be fun. Candidate Qualifications Ideal candidates
will be: Passionate about their work, eager to have fun with our
team, motivated to be a part of a fast growing organization. Aware
of their leadership skills and potential for impact and eager to
share those with a fast growing, energetic team on the leading edge
of healthcare innovation. M.D. or D.O. graduates. Board
certification in Internal Medicine or Family Medicine required.
Fellowship training in Geriatrics, other professional degrees
(e.g., M.B.A., J.D., M.P.H.), and prior executive roles welcome but
certainly not required. 5-15 years of experience in outpatient
practice. Extensive experience in clinical leadership roles,
leading and coaching physicians to be the best they can be for
their patients and their colleagues. Experience using a
metrics-driven approach to analyze cost, quality, and satisfaction
data to drive clinical strategy and program redesign. Excited by
process of developing and implementing new processes. Must be
willing to “get hands dirty” in executing upon the Oak Street
vision. Belief that population health and a focus on smart
allocation of scarce resources can lead to high value care (better
care, lower cost), both in terms of quality and safety. Ability to
remain calm in the midst of the storm, guiding others to smart,
effective solutions. Commitment to older adults and to low-income
patients. Comfort with ambiguity and a love for problem solving.
Have a work hard/play hard mentality.
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