VP Payer Sales

Posted 10 Hours Ago
Be an Early Applicant
San Francisco, CA, USA
Hybrid
180K-220K Annually
Expert/Leader
Healthtech
The Role
Lead nationwide business development for payer and PBM segments (Medicare Advantage, Medicaid, Commercial). Build pipeline, close complex deals with executive and clinical stakeholders, support RFPs, collaborate cross-functionally on strategy, product, and go-to-market to drive revenue growth.
Summary Generated by Built In

Ellipsis Health is creating cutting-edge AI/ML products that solve healthcare staffing challenges and administrative burdens using conversational AI and our patented voice biomarker technology - helping deliver better healthcare for everyone. We are headquartered in Silicon Valley and are funded and supported by some of the most preeminent venture capital teams.

Reporting to the Chief Growth Officer, Payer & PBM, the VP Payer Sales a high profile role responsible for driving growth of Ellipsis Health’s Payer and PBM segments. This individual will seek new client partnerships nationwide, with a focus on Medicare Advantage, Medicaid, and Commercial business with large regional and national payers and PBMs. Build and manage the entire business development pipeline, building relationships with executive stakeholders across regional and national health plans and PBMs. Initially, this will be an individual contributor role; however, this individual will also contribute to payer and PBM strategy and collaborate across the organization on new market opportunities and product development initiatives.
Possessing a strong understanding of the healthcare marketplace and the challenges payers and PBMs face across Commercial, Medicare, and Medicaid lines of business, this sales leader will identify and secure new partnerships with various players in the space. Must be a credible leader and possess the knowledge and consultative sales skills to engage with clinical and business executives at health plans and PBMs. The VP Payer Sales will be passionate about our mission of providing high-quality, cost-effective, scalable AI solutions at scale.

 

Ellipsis Health is located in the San Francisco Bay Area

Responsibilities:
  • Responsible for increasing the customer base, top-line financial growth for the business

  • Generate new business and sales leads through a mixture of lead generation, networking, marketing campaign follow-up, and inbound inquiries

  • Support and drive RFPs for health plans

  • Understand target customer’s business needs, leveraging consultative skill-set to develop customized proposals and pitch materials

  • Initiate, develop, and maintain strong executive and decision maker-level relationships

  • Support operational and strategic efforts to build and grow our business across the health plan and pbm marketplace

  • Work closely with the sales, product, clinical, and client success teams, building internal relationships to support sales pursuits

  • Demonstrate a solid understanding of Ellipsis Health’s technology, product offerings, go-to-market approach

  • Ensure a long-term competitive edge for the business through a value-added approach to prospects and customers

  • Understand key and emerging market segments and the business drivers for each; help refine positioning as needed

Qualifications:
  • 10+ years of experience with both direct and indirect business development within the healthcare industry, and a history of overachieving on sales targets

  • Experience and understanding of healthcare, value-based reimbursement, and Commercial, Medicare, and Medicaid lines of business

  • Experience closing deals with payers, working with clinical and executive stakeholders

  • Action-oriented leader who self-starts and motivates others; individual who enjoys thinking about things in new ways and executing accordingly; thrives in a high-growth environment

  • History of executing complex deals throughout the healthcare marketplace for a range of clients

  • Relationship-oriented, people-centric contributor; track record of being a strong leader as well as a collaborative colleague

  • Demonstrates strong aptitude to work in a rapidly changing, start-up environment

Nice to Have
  • Experience in early stage companies building a book of business and closing deals independently

  • Experience with top tier management consulting firm or other consulting preferred

  • History of expanding existing enterprise health plan relationships

Salary and Benefits

We offer competitive salary and benefits, including 401(k) matching, health, vision, and dental insurance, and very flexible paid time off.

The typical salary range for this role is $180,000 - $220,000 base plus commission and equity, depending on skills, qualifications, and relevant experience.

Background Checks

As a health technology company, we reserve the right to run background checks on candidates to whom we extend offers, in compliance with applicable laws. We evaluate candidates holistically and comply with all “ban the box” regulations.

Assistance

If you have a disability or require accommodations during the application or recruitment process, please contact [email protected].

Skills Required

  • 10+ years of direct and indirect business development experience within the healthcare industry
  • Proven history of overachieving on sales targets
  • Experience and understanding of healthcare, value-based reimbursement, and Commercial, Medicare, and Medicaid lines of business
  • Experience closing deals with payers and engaging clinical and executive stakeholders
  • Ability to build and manage a business development pipeline and develop executive-level relationships
  • Consultative selling skills and ability to develop customized proposals and pitch materials
  • Experience executing complex deals across the healthcare marketplace
  • Comfort and aptitude to work in a rapidly changing startup environment
  • Action-oriented, self-starting leader who can motivate others
  • Experience in early stage companies building a book of business and closing deals independently
  • Experience with top tier management consulting firm or other consulting
  • History of expanding existing enterprise health plan relationships
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The Company
HQ: San Francisco, CA
45 Employees
Year Founded: 2019

What We Do

Ellipsis Health was founded with the belief that a person’s mental health should have the same priority as one’s physical health. The company saw an opportunity to connect the dots between the two - giving voice to a new standard of mental health care. By harnessing the unique power of the human voice as a biomarker for mental wellbeing, along with machine learning and AI, Ellipsis Health has established the first vital sign for mental health. Its technology identifies, measures, and monitors the severity of stress, anxiety, and depression at scale by analyzing a short sample of natural speech to create an objective and scalable clinical decision support tool. Through partnerships with providers, payers, employers and digital health companies, Ellipsis Health is working to positively impact the quality of care, shorten the time to diagnosis, drive workflow efficiencies, reduce costs and improve patient outcomes.

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