Full-Time

Vendor Management Specialist

Posted on 1/16/2025

Cohere Health

Cohere Health

501-1,000 employees

Automates prior authorization in healthcare

AI & Machine Learning
Healthcare

Compensation Overview

$65k - $80kAnnually

+ Bonus

Junior, Mid

Remote in USA

Category
Procurement & Sourcing
Quality Control & Compliance
Operations & Logistics
Requirements
  • Excellent customer service and professionalism
  • Experience with providing project management
  • Strong mindset for vendor partnerships and collaborations
  • Strong communicator
  • Self starter
  • Strong organizational skills
  • Self-directed, confident, and thrive working in a fast-paced startup environment
  • Experience solving complex customer or vendor issues
  • Experience with procurement practices, RFI/RFP/Informal Quotes and vendor selection process
  • Managed a comprehensive portfolio of vendors and their outcomes
  • Strategic advisor to the business on vendor solutions
Responsibilities
  • Directly involved with vendor/department relationships
  • Track vendor SLAs and SOWs
  • Project manage implementation of new vendors
  • Work cross-functionally with other teams to analyze, plan, and manage vendor success
  • Develop and maintain key vendor relationships
  • Assist with procurement processes when seeking out new vendors
  • Help create, implement, enforce new policies
  • Proactively identify where problems can occur and remediate
  • Monitor quality and details of vendor performance; locate poor performance swiftly and effectively and provide feedback to solutions

Cohere Health improves the prior authorization process in healthcare, which requires providers to get approval from health plans before delivering certain services. Their platform, Cohere Unify, automates and streamlines these requests by integrating with electronic medical records and using technologies like optical character recognition and machine learning. This approach allows for faster decision-making and reduces delays in patient care. The goal is to make the prior authorization process more efficient, benefiting healthcare providers, health plans, and patients.

Company Stage

Late Stage VC

Total Funding

$103.1M

Headquarters

Boston, Massachusetts

Founded

2019

Growth & Insights
Headcount

6 month growth

1%

1 year growth

0%

2 year growth

3%
Simplify Jobs

Simplify's Take

What believers are saying

  • Humana expanded its use of Cohere's platform for diagnostic imaging and sleep services.
  • Cohere Health raised $50 million to meet demand for AI-driven prior authorization.
  • Cohere's platform processes 5.5 million authorizations annually, benefiting 15 million members.

What critics are saying

  • Increased competition from AI-driven startups like Abridge threatens market share.
  • Flat deal activity in healthcare IT indicates a challenging investment environment.
  • S32's new General Partner may boost funding for competing healthcare startups.

What makes Cohere Health unique

  • Cohere Health automates prior authorization, reducing delays and administrative burdens.
  • The Cohere Unify platform integrates with EMR and uses OCR for fax submissions.
  • Machine learning and AI enhance decision-making based on health plan policies.

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Benefits

Health Insurance

401(k) Company Match

Performance Bonus

Remote Work Options