Full-Time
Market Development Representative
Posted on 9/4/2024
Waystar
1,001-5,000 employees
Healthcare payment technology and financial solutions
Entry
Louisville, KY, USA
- Recent college graduate
- Strong customer relationship skills
- Excellent verbal and written communication skills
- Passionate about building a successful career in sales
- Proven history of leadership roles (classroom; internships; extracurricular activities)
- Outgoing and a self-starter with strong organizational skills
- Ability to maintain a professional appearance and present a positive company image
- Train and become highly knowledgeable of our products, operations, and industry
- In-depth understanding of sales and sales techniques
- Generate leads, prospect potential customers, and close new accounts
- Prepare action plans and schedules to achieve specific targets in an activity sales model
- Follow-up on new leads and referrals resulting from marketing activities
- Prepare presentations, proposals and sales contracts
- Build and manage relationships at all appropriate levels of accounts
- Communicate new product, service, initiative, and relevant information to new accounts
- Manage and oversee multiple daily sales tasks
- Establish territory strategy to improve market penetration
- Keep abreast of competitor's strengths and weaknesses
- Complete other responsibilities and functions as assigned
Waystar simplifies healthcare payments through its cloud-based platform, which unifies various payment processes for healthcare providers. The platform streamlines workflows, making it easier for providers to manage their financial operations and enhances the transparency of the financial experience for patients. With over 450,000 providers, 750 health systems, and 5,000 health plans using Waystar, the platform integrates seamlessly with major healthcare information systems (HIS) and practice management systems. Unlike many competitors, Waystar focuses on creating a comprehensive solution that addresses the complexities of healthcare payments, aiming to improve both provider efficiency and patient understanding of their financial responsibilities.
Company Stage
Seed
Total Funding
$57.5M
Headquarters
Louisville, Kentucky
Founded
2000
Simplify's Take
What believers are saying
- Waystar's successful IPO, raising $968 million, provides significant capital for growth and innovation.
- Credit rating upgrades from Fitch, Moody's, and S&P Global enhance Waystar's financial stability and attractiveness to investors.
- Partnerships with major EHR providers like Meditech expand Waystar's market reach and operational capabilities.
What critics are saying
- The healthcare payments sector is highly competitive, requiring continuous innovation to maintain market leadership.
- Dependence on the U.S. healthcare system's administrative expenses could pose risks if regulatory changes occur.
What makes Waystar unique
- Waystar's platform integrates with all major HIS and practice management systems, offering unparalleled compatibility in the healthcare payments sector.
- The company's use of AI and proprietary algorithms to streamline payment workflows and improve financial accuracy sets it apart from competitors.
- Waystar's consistent recognition, such as winning the 'Healthcare Payments Innovation Award' for three consecutive years, underscores its leadership in healthcare payment technology.
Benefits
401(k) matching: We’re proud to help our team members build their financial futures with a range of investment options available.
Career mobility: We’re all about professional growth. In 2018, roughly 15% of our team members stepped into a new role within the company.
Waystar welcome: Our weeklong onboarding program positions introduces our company and leadership team and positions every new hire for success.
Family friendly: Waystar offers paid leave for maternity, paternity and adoption and prioritizes work-life balance for all team members.