CVS Health

VP, Chief Medical Officer - Oak Street Health

CVS Health$250K — $300K *
Healthcare
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • MD or DO required
  • Board Certification required
  • Proven experience leading large, complex healthcare organizations
  • Expertise in Medicare, value-based care, and population health
  • Strong understanding of clinical documentation and medical cost management
  • Demonstrated ability to influence without direct authority
  • Track record of developing innovative care models
  • Exceptional leadership and executive presence

Responsibilities

  • Provide executive leadership for the national provider organization
  • Oversee clinical leadership across multiple divisions and ensure alignment
  • Partner with the COO to integrate clinical and operational strategies
  • Establish performance expectations and drive accountability
  • Lead initiatives for clinical quality and care model adherence
  • Directly develop Executive Medical Directors and clinician leaders
  • Lead workforce strategy including recruitment and credentialing
  • Promote a culture of quality and patient safety across the organization

Benefits

  • Comprehensive medical, dental, and vision coverage
  • Paid time off to support work-life balance
  • Retirement savings options for future security
  • Wellness programs to enhance physical and emotional well-being
  • Resources to support colleagues and their families
Full Job Description
Oak Street Health, a CVS Health company, is seeking a Chief Medical Officer (CMO) to provide executive leadership for its national provider organization. This role is responsible for ensuring the consistent execution, evolution, and performance of Oak Street Health’s clinical care model across all markets.

The CMO will lead a large, complex, and highly integrated provider organization of approximately 1,300 clinicians and clinical leaders, including Executive Medical Directors, Regional Medical Directors, Senior Medical Directors, Center Medical Directors, physicians, advanced practice providers, behavioral health clinicians, and nursing teams.

Core Responsibilities
Enterprise Clinical Leadership
  • Provide executive leadership for the national provider organization, driving alignment and consistent execution of Oak Street Health’s care model across all markets
  • Oversee clinical leadership across four divisions, ensuring strong performance, accountability, and alignment to enterprise priorities
  • Partner in a dyad leadership model with the Chief Operating Officer to align clinical and operational strategy and drive enterprise performance
Performance & Care Model Execution
  • Establish clear performance expectations and drive accountability across clinical teams through data, metrics, and outcomes
  • Improve overall provider performance, including clinical quality, productivity, and care model adherence
  • Lead initiatives to enhance clinical documentation accuracy, coding (risk adjustment), and Stars performance
  • Drive medical cost management strategies within a value-based care framework
Clinical Team & Leadership Development
  • Directly lead and develop Executive Medical Directors, fostering a high-performing and accountable leadership culture
  • Build and strengthen clinician leadership across all levels (CMDs, SMDs, RMDs, EMDs), with a strong focus on succession planning
  • Champion provider wellness, education, leadership development, and long-term career growth
Workforce Strategy & Operations
  • Oversee national provider workforce strategy, including recruitment, onboarding, credentialing, retention, and workforce planning
  • Lead provider lifecycle management from sourcing through onboarding (Day 1 to Day 90)
  • Drive workforce initiatives to ensure scale, quality, and sustainability of the provider model
Clinical Excellence, Quality & Safety
  • Lead enterprise Quality and Patient Safety functions, promoting a culture of continuous improvement and high reliability
  • Ensure adherence to regulatory standards and evidence-based care practices to improve patient outcomes
  • Provide executive oversight of interdisciplinary clinical teams, including nursing and behavioral health
Cross-Functional Partnership
  • Partner closely with executive leaders across Population Health, Growth, Patient Experience, Clinical Operations, and Payer Strategy
  • Align clinical priorities with enterprise strategy, growth initiatives, and value-based care performance goals
External Leadership
  • Serve as the senior physician executive representing Oak Street Health with external partners, payers, and key stakeholders
  • Advance the organization’s mission of delivering high-quality, value-based primary care for Medicare populations

Education
  • MD or DO required
  • Board Certification required

Experience & Qualifications
  • Proven experience leading large, complex, multi-layered provider organizations in a highly matrixed environment.
  • Deep expertise in Medicare, value-based care, population health, and complex healthcare delivery models
  • Strong understanding of risk adjustment, Stars performance, clinical documentation, and medical cost management will be highly valued
  • Demonstrated ability to influence without direct authority and drive alignment across senior executive stakeholders
  • Track record of setting clinical strategy, developing policies/standards, and delivering measurable improvements in quality and outcomes
  • Experience developing innovative care models addressing social determinants of health, care access, and virtual care delivery
  • Exceptional leadership, communication, and executive presence
  • Strong analytical mindset with ability to use data to drive decision-making
  • Ability to operate with urgency, accountability, and a results-oriented approach



This pay range represents the base hourly rate or base annual full-time salary for all positions in the job grade within which this position falls. The actual base salary offer will depend on a variety of factors including experience, education, geography and other relevant factors. This position is eligible for a CVS Health bonus, commission or short-term incentive program in addition to the base pay range listed above. This position also includes an award target in the company’s equity award program. 


Great benefits for great people


We take pride in offering a comprehensive and competitive mix of pay and benefits that reflects our commitment to our colleagues and their families.

This full‑time position is eligible for a comprehensive benefits package designed to support the physical, emotional, and financial well‑being of colleagues and their families. The benefits for this position include medical, dental, and vision coverage, paid time off, retirement savings options, wellness programs, and other resources, based on eligibility.


Additional details about available benefits are provided during the application process and on .

We anticipate the application window for this opening will close on: 07/24/2026

About CVS Health

Omnicare provides comprehensive pharmaceutical services to patients and providers across the United States. As the market-leader in professional pharmacy, related consulting and data management services for skilled nursing, assisted living and other chronic care settings, Omnicare leverages its unparalleled clinical insight into the geriatric market along with some of the industry's most innovative technological capabilities to the benefit of its long-term care customers. Omnicare also provides key commercialization services for the bio-pharmaceutical industry through its Specialty Care Group.

CVS Health Careers

Joining CVS Health presents a unique opportunity to advance your career in a company where innovation, leadership, and growth go hand in hand. As a leader in the healthcare industry, CVS Health is more than just a pharmacy. We are a team of professionals dedicated to improving lives and optimizing health outcomes.

Work You’ll Do

At CVS Health, you will be part of a culture that values diversity and inclusivity, fostering an environment where every team member’s contribution is valued. Engage in meaningful work that directly impacts lives, driving innovation in healthcare services and solutions.

Explore Job Opportunities

Whether you’re looking for a position in pharmacy services, corporate leadership, or in-store management, CVS Health offers a variety of employment opportunities that will help you harness your skills and thrive professionally. Our job opportunities span across a wide range of professional fields and geographic locations, ensuring that your career at CVS Health aligns with your professional goals and lifestyle.

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Kickstart your career with CVS Health through our internship programs. These opportunities are designed for ambitious students eager to develop their skills in a real-world setting. Internships at CVS Health are not only about gaining work experience but also about making meaningful contributions to our ongoing projects.

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CVS Health is committed to the professional growth of our employees. With access to cutting-edge technology, industry-leading experts, and comprehensive diversity training, our team members are equipped to lead and innovate. We support career advancement through professional development programs, leadership training, and opportunities for networking and internal mobility.

Benefits and Culture

Our employees enjoy a range of benefits that reflect our commitment to their well-being and success. From health and wellness benefits to professional development programs, CVS Health is dedicated to ensuring our team members have the resources they need. Our inclusive culture encourages collaboration and continuous learning, making CVS Health a place where you can grow and succeed.

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Learn more about CVS Health
Size
300,000 employees
Market Cap
$122 billion
Industry
Net Income
$7.1 billion
Founded
1963
5 Year Trend
+10.5%
Revenue
$268.7 billion
NASDAQ

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