Full-Time

Account Executive

Payor

Posted on 1/15/2025

Hippocratic AI

Hippocratic AI

51-200 employees

Develops specialized language models for healthcare

No salary listed

Senior

Palo Alto, CA, USA

The team is expected to be in the office five days a week in Palo Alto, CA.

Category
Strategic Account Management
Sales & Account Management
Required Skills
Public Speaking
Requirements
  • Minimum 5 years of direct health plan sales experience with a proven track record of success.
  • Experience working with both national and regional payers, with a preference for experience with Blues plans.
  • Strong expertise in complex contract negotiations.
  • Ability to work independently and self-manage while driving results.
  • Exceptional project management, organizational, and communication skills.
  • Confidence in public speaking, with a willingness to present in front of large audiences as needed.
  • Proven ability to manage multiple priorities effectively in a fast-paced environment.
  • Willingness to travel extensively for client meetings, conferences, and industry events.
Responsibilities
  • Drive new sales with target payer accounts by developing strategies that generate top-of-funnel activity and efficiently move prospects through the sales funnel to close.
  • Leverage deep expertise in healthcare and payer sales to establish and grow relationships with health insurance providers, payer organizations, and healthcare systems.
  • Navigate complex sales cycles within healthcare payer organizations, managing multiple stakeholders and decision-makers.
  • Collaborate cross-functionally with internal teams to align goals and deliver exceptional value to clients.
Desired Qualifications
  • Established relationships within the healthcare payer ecosystem.
  • Experience navigating sales processes within complex healthcare systems.
  • Familiarity with digital health solutions and innovative healthcare technologies.
  • Knowledge of compliance and regulatory requirements related to payer contracting.

Hippocratic AI develops specialized language models designed for healthcare applications. These models are tailored to improve healthcare access, equity, and outcomes by focusing on safety and reliability for non-clinical tasks. The company has created a model that has shown better performance than GPT-4 in numerous healthcare exams, indicating its accuracy. Hippocratic AI serves hospitals, clinics, and healthcare providers, offering AI solutions that enhance patient care and operational efficiency. Unlike general-purpose AI, Hippocratic AI's models are trained on evidence-based healthcare content and validated through a process that includes feedback from healthcare professionals. The company generates revenue by licensing its models to healthcare institutions and forming partnerships, with a commitment to providing safe and effective AI interactions.

Company Size

51-200

Company Stage

Series B

Total Funding

$268.5M

Headquarters

Palo Alto, California

Founded

2022

Simplify Jobs

Simplify's Take

What believers are saying

  • Raised $141M in Series B, valuing the company at $1.64 billion.
  • Launched AI Agent App Store, enhancing clinician-driven healthcare AI development.
  • Strong market traction with diverse healthcare clients and positive patient response.

What critics are saying

  • Faces competition from Qventus in patient flow automation technology.
  • High valuation may lead to increased scrutiny from investors and stakeholders.
  • CEO's involvement in other ventures could divert focus from core objectives.

What makes Hippocratic AI unique

  • Hippocratic AI's LLMs outperform GPT-4 in 105 of 114 healthcare exams.
  • The company focuses on non-clinical healthcare tasks, ensuring safety and reliability.
  • Hippocratic AI uses Reinforcement Learning with Human Feedback for model validation.

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Benefits

Remote Work Options

Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

-8%

2 year growth

-10%
WowTale
Feb 5th, 2025
Hippocratic AI raises $141M funding

In January 2025, global venture investment reached $26 billion, led by healthcare and AI sectors. Hippocratic AI, a California-based healthcare AI developer, raised $141 million. The largest investment was $3 billion in AR startup Infinite Reality. The U.S. dominated with 61% of global investments, while healthcare startups secured $9.4 billion, representing 36% of total investments. AI companies raised $5.7 billion, accounting for 22% of the total.

MedCity News
Jan 14th, 2025
Qventus Snags $105M for Its Patient Flow Automation Tech

In his view, Qventus competes with companies like LeanTass, Hippocratic AI and Epic.

Health Technology Insights
Jan 14th, 2025
Hippocratic AI Launches AI Agent App Store for Healthcare

Hippocratic AI launches AI agent app store for healthcare.

Tech Funding News
Jan 10th, 2025
NVIDIA, A16z-backed Hippocratic AI achieves unicorn status with a $141M round to deploy clinical AI agents in hospitals

Alongside the funding news, Hippocratic AI unveiled its AI Agent App Store-a breakthrough platform for clinician-driven healthcare AI development.

Business Wire
Jan 10th, 2025
Hippocratic AI Completes $141MM Series B Financing Round Led by Kleiner Perkins, Valuing the Company at $1.64B

Strong customer traction, positive patient response, a recently granted patent, and achieving clinical safety drive company expansion

INACTIVE