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Full-Time

VP of Payer Partnerships

Confirmed live in the last 24 hours

Talkspace

Talkspace

501-1,000 employees

Online therapy platform connecting clients with therapists

Social Impact
Healthcare

Compensation Overview

$180k - $190kAnnually

Senior

Remote in USA

This is a remote position based on Eastern Time.

Category
Business Development
Proposal Management
Business & Strategy
Required Skills
Public Speaking
Salesforce
Marketing
Excel/Numbers/Sheets
Requirements
  • 10+ years of experience managing payer relationships and contracting in healthcare, including negotiation and implementation
  • 5+ years of experience in behavioral healthcare, preferably at a regional or national level
  • Bachelor's degree in business, marketing, or a related field (Master's degree is a plus)
  • Proven track record of driving revenue growth through strategic sales initiatives
  • Ability to work collaboratively with senior clinicians, C-suite executives, and other leaders to align on organizational goals
  • Strong analytical and problem-solving abilities to assess client needs and develop customized solutions
  • Proficiency in using CRM software (Salesforce, ZoomInfo, Google Sheets, etc.)
  • Excellent communication and presentation skills, including public speaking and proposal development
  • Results-oriented with a track record of exceeding sales targets and goals
Responsibilities
  • Cultivate and manage relationships with senior executives and decision-makers at high-priority and assigned payer accounts
  • Understand industry trends, challenges, and competitive landscapes to inform strategic initiatives
  • Develop and present compelling proposals showcasing the value of Talkspace’s solutions to clients
  • Oversee the sales cycle for new payer accounts, from prospecting to contract negotiation and closure
  • Assist with business development initiatives and partnerships to drive referrals
  • Foster collaboration across internal departments to ensure successful implementation and delivery of services
  • Lead contract negotiations with national payers to secure favorable reimbursement rates and conditions
  • Monitor relevant state and federal legislation that could impact negotiations with health plans
  • Resolve escalated complaints that may affect Talkspace’s relationships with payers

Talkspace connects individuals with licensed therapists through a secure online platform, making mental health support accessible for those who may struggle to attend in-person sessions. Users can choose from various subscription plans that offer services like unlimited messaging therapy, couples therapy, and tailored options for businesses. The platform includes assessments to help users find the right therapist match. Talkspace prioritizes user safety and confidentiality by being HIPAA compliant and using encrypted communication for all interactions. Unlike traditional therapy, Talkspace provides a flexible and convenient alternative, aiming to improve mental health care access for everyone.

Company Stage

IPO

Total Funding

$718.7M

Headquarters

New York City, New York

Founded

2011

Growth & Insights
Headcount

6 month growth

4%

1 year growth

11%

2 year growth

21%
Simplify Jobs

Simplify's Take

What believers are saying

  • The expansion into Medicare significantly broadens Talkspace's potential user base, tapping into a critical need for mental health services among seniors.
  • Partnerships with fitness and wellness platforms like FlexIt and FitOn create a holistic approach to mental and physical health, potentially increasing user engagement and satisfaction.
  • The launch of the Behavioral Health Consortium allows Talkspace to offer specialized care for higher acuity needs, enhancing its service depth and user retention.

What critics are saying

  • The competitive landscape of online therapy is growing, with new entrants and established players potentially eroding Talkspace's market share.
  • High turnover in key management positions, such as the recent appointment of a new CFO, can lead to strategic misalignments and operational disruptions.

What makes Talkspace unique

  • Talkspace's subscription-based model with unlimited messaging therapy offers a unique value proposition compared to traditional in-person therapy.
  • The platform's HIPAA compliance and encrypted communication ensure a high level of security and confidentiality, which is crucial for mental health services.
  • Strategic partnerships with organizations like Cigna and collaborations with fitness and wellness platforms like FlexIt and FitOn enhance its service offerings and market reach.

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