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Full-Time

Business Development Representative

Technology Partnership Program

Posted on 7/23/2024

Rectangle Health

Rectangle Health

201-500 employees

Payment processing solutions for healthcare providers

Hardware
Fintech
Healthcare

Entry

Remote in USA

Category
Business Development
Business & Strategy
Required Skills
Sales
Communications
Salesforce
Mergers & Acquisitions (M&A)
Requirements
  • Excellent communicator, written and verbal.
  • Proven sales experience consistently meeting or exceeding sales goals.
  • Proven aptitude at learning and executing on new concepts.
  • Proven experience driving performance through influence only.
  • Previous experience in early pipeline sales motions.
  • Previous aptitude in outbound sales efforts including prospecting using the phone, email, and other outbound communication tools.
  • Preferred experience in healthcare tech, notably the patient payments revenue cycle and SaaS.
  • Proficient in using Salesforce.com.
  • Proficient in using Microsoft Office products.
Responsibilities
  • Cultivate interest in the general healthcare software marketplace for Rectangle Health’s Technology Partner Program
  • Actively work a list of leads and prospects to build a productive pipeline that includes practice management, engagement, and other software vendors across several healthcare verticals
  • Conduct initial discovery and introductory calls via phone and virtual meeting platforms
  • Set meetings and demonstrations for Account Executive
  • Facilitate scheduling and attendance of prospects in demonstration and consultative calls
  • Identify targets within key verticals and build target lists and campaigns to attract productive potential partners into the RH TPP Pipeline
  • Actively maintain current pipeline of prospects in salesforce.com
  • Drive new partner acquisition through sales efforts, research, identification, phone calls, emails and other outbound campaigns
  • Work closely with Senior Sales Director to develop, adapt and maintain TPP sales strategy.

Rectangle Health provides payment processing solutions tailored specifically for the healthcare industry. Their main service helps healthcare providers, such as hospitals and clinics, efficiently manage and process credit card payments. The company uses a proprietary technology called Practice Management Bridge, which integrates with existing healthcare data systems to streamline payment processes, enhance patient payment collections, and reduce administrative costs. Unlike many competitors, Rectangle Health focuses solely on the unique needs of healthcare providers, ensuring secure transactions while improving the overall patient experience. The goal of Rectangle Health is to facilitate seamless and secure payment interactions in the healthcare sector, ultimately helping providers improve their revenue collection.

Company Stage

Growth Equity (Venture Capital)

Total Funding

N/A

Headquarters

Town of Mount Pleasant, New York

Founded

N/A

Growth & Insights
Headcount

6 month growth

6%

1 year growth

6%

2 year growth

6%
Simplify Jobs

Simplify's Take

What believers are saying

  • Rectangle Health's Technology Partnership Program (TPP) opens new avenues for growth and increased revenue through strategic collaborations.
  • The company's all-in-one Practice Management Bridge platform significantly improves administrative efficiency and patient payment collection rates.
  • Rectangle Health's focus on innovation, as evidenced by the promotion of Mike Peluso to Chief Product and Strategy Officer, ensures continuous product development and market relevance.

What critics are saying

  • The healthcare sector's increasing vulnerability to cyberattacks could pose significant risks despite Rectangle Health's cybersecurity measures.
  • The competitive landscape in healthcare payment processing is intense, with numerous players vying for market share.

What makes Rectangle Health unique

  • Rectangle Health's Practice Management Bridge offers seamless integration with existing healthcare data systems, a feature that sets it apart from generic payment processing solutions.
  • The company's focus on healthcare-specific payment processing ensures compliance with industry regulations and enhances patient experience, unlike broader payment processors.
  • Rectangle Health's HITRUST Essentials certification underscores its commitment to cybersecurity, a critical advantage in the healthcare sector.
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