Full-Time

Business Development Director

Strategic Partner Development

Confirmed live in the last 24 hours

Inovalon

Inovalon

1,001-5,000 employees

Cloud-based software for healthcare analytics

Consulting
Healthcare

Compensation Overview

$105k - $145kAnnually

+ Performance-based incentives

Senior, Expert

Minneapolis, MN, USA

Category
Business Development
Business & Strategy
Growth & Marketing
Required Skills
Sales
Word/Pages/Docs
Salesforce
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • Minimum 7 years relevant sales and/or channel development and sales experience.
  • Experience in channel management and or selling to key executives buyer personas for transactional healthcare EDI services.
  • Proven track record achieving or exceeding objectives selling SaaS or similar subscription based applications.
  • Ability to adapt well to change and work in a fast-paced environment.
  • Strong leadership skills with the ability to execute in a matrix environment.
  • Excellent negotiation, leadership, management and presentation skills.
  • Excellent verbal and written communications skills, strong attention to detail.
  • Proficiency in strategic selling principles and tools.
  • Proficient in Microsoft Office suite including Word, Excel, and PowerPoint.
Responsibilities
  • Actively drive sales efforts and results of Inovalon’s Performance-based Partner (PBP) referral partners through a defined cadence of touchpoints both onsite with Partner and remote meetings and webinars.
  • Partner with the Inovalon sales teams to facilitate the achievement of sales quotas assigned partner accounts.
  • Grow Inovalon’s PBP partner revenues by helping define and delivering the Inovalon Partner Engagement Program.
  • Completes strategic customer account plans that meet strategic partner standards.
  • Leads a proactive, collaborative account planning process focused on mutual performance objectives, financial targets, and milestones over the near and longer-term.
  • Proactively assesses, clarifies, and satisfies partner account needs on an ongoing basis.
  • Ensures that sales and other performance metrics are measured and reported to strategic account and internal stakeholders on a regular monthly, quarterly, annually and on an as needed basis.
  • Work collaboratively across a cross-functional matrix within Inovalon including Direct Sales, Sales Accelerator Office, Strategic Partner Sales, Implementation, Partner Success, Partner Support, and others to ensure all teams are communicating and are aligned in driving towards PBP and wholesale revenue goals.
  • Utilize consultative sales techniques. Drive the consistent application of best practices for each milestone of the sales process. Share best practices, teach and ensure the Strategic Partner and direct sales teams are using these techniques and tools as standards.
  • Ensure partners have the tools, processes, resources, and information needed to promote the Inovalon products and services into their customer base.
  • Develop and maintain a comprehensive knowledge of Inovalon’s product suite, services, and marketing initiatives. Ensure we are focused and capitalizing upon the highest return activities.
  • Drive utilization and compliance for documentation in SalesForce CRM and other sales automation tools (prospecting, contact management, accurate opportunity tracking, milestone interactions and customer communications, sales pipeline management, forecasting and sales reporting).
  • Execute other related duties as requested. Assist management on broader strategic initiatives.
  • Comply with all security policies/procedures.
  • Maintain compliance with Inovalon’s policies, procedures and mission statement.
  • Adhere to all confidentiality and HIPAA requirements as outlined within Inovalon’s Operating Policies and Procedures in all ways and at all times with respect to any aspect of the data handled or services rendered in the undertaking of the position; and
  • Fulfill those responsibilities and/or duties that may be reasonably provided by Inovalon for the purpose of achieving operational and financial success of the Employer.
Desired Qualifications
  • MBA a plus.

Inovalon provides cloud-based software solutions that focus on improving data-driven healthcare. The company offers a platform that integrates real-time data access and advanced analytics, supporting over 100 solutions for healthcare organizations. These solutions help clients enhance patient care, streamline operations, and improve financial performance. Inovalon's platform is designed to be user-friendly and integrates easily with existing healthcare systems. The company generates revenue through subscription fees for its software and offers consulting services to help clients maximize their data capabilities. Inovalon's goal is to empower healthcare organizations to use data effectively to achieve better clinical outcomes and operational efficiencies.

Company Stage

IPO

Total Funding

N/A

Headquarters

Bowie, Maryland

Founded

1997

Growth & Insights
Headcount

6 month growth

11%

1 year growth

14%

2 year growth

14%
Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with MEDITECH could increase adoption of revenue cycle management solutions.
  • AI-powered Converged Record Review may attract clients seeking advanced analytics.
  • Recognition as top vendor for RCM and analytics boosts reputation and client base.

What critics are saying

  • $50 million fraud lawsuit could cause financial and reputational damage.
  • Partnership with MEDITECH may pose integration and data security challenges.
  • AI-powered Converged Record Review faces data privacy and compliance challenges.

What makes Inovalon unique

  • Inovalon integrates national-scale connectivity with real-time data access and advanced analytics.
  • The company offers over 100 solutions for optimizing healthcare operations.
  • Inovalon's platform supports revenue cycle management, care quality, and workforce management.

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Benefits

Health Insurance

Life Insurance

401(k) Company Match

Paid Vacation

Hybrid Work Options