Full-Time

Enterprise Account Executive

Life Sciences

Confirmed live in the last 24 hours

Turquoise Health

Turquoise Health

51-200 employees

Digital platform for healthcare cost comparison

Healthcare

Compensation Overview

$80k - $130kAnnually

+ OTE $190,000 - $260,000

Senior

Remote in USA

The role is fully remote, but candidates must be based in the US.

Category
Inside Sales
Strategic Account Management
Sales & Account Management
Required Skills
Lead Generation
Word/Pages/Docs
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides

You match the following Turquoise Health's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • 5+ years of Enterprise Life Sciences sales experience or 3+ years of management consulting experience within Life Sciences. Specific focus being market access, pricing and reimbursement space.
  • Strong ability to communicate value proposition to publicly traded Life Sciences stakeholders including Market Access, HEOR/RWE, Gov’t Affairs, Field Reimbursement with an in depth knowledge of Life Sciences product pricing and commercialization strategies within US healthcare ecosystem
  • Effective communication, negotiation, and presentation skills with proven track record of meeting or exceeding sales targets
  • Strategic mind and process oriented with a high attention to detail and excellent organizational skills
  • Expert internal communicator and accountable team player
  • Self-starter and innate entrepreneurial agency and ability
  • Excellent organization & planning skills
  • Natural curiosity & problem solving skills
  • A passion for healthcare, Life Sciences data, and technology
  • Strong proficiency with Microsoft Office/G-Suite including (Powerpoint, Excel/Sheets, and Word/G Docs)
Responsibilities
  • Manage the full sales cycle from lead generation to closing net new business
  • Meet or exceed sales quota to drive education and adoption of our Life Sciences products and solutions to Pharma, Med Device, Lab Diagnostics, and DME manufacturers and suppliers.
  • Demonstrate subject matter expertise and effectively communicate the value within key target accounts in the Life Sciences space
  • Expand our Life Sciences business, assessing customer needs by selling appropriate Turquoise Health products to Market Access, HEOR/RWE, Gov’t Affairs, Pricing and Strategy teams across top Life Sciences companies in Pharma, Med Device, Lab Diagnostics, and DME manufacturers and suppliers.
  • Generate new business revenue with core ICP with the ability to expand account revenue and source upsell opportunities within customer accounts
  • Facilitate customer education around our key products and services with internal and external subject matter experts
  • Develop deep and meaningful relationships across all aspects of the customer organization from Managers through C-suite executives
  • Create and execute on account plans and stakeholder engagement strategy that result in net new customer acquisition and revenue expansion within key accounts
  • Build prospect and customer facing presentations and platform demonstrations
  • Run discovery and actively problem solve prospect ambiguous business challenges through our solution to create value that drives revenue for the business
  • Accuracy in forecasting and detailed pipeline management of accounts and quarterly revenue target
  • Work closely with Business Development, Customer Success, Solutions Engineering, and Marketing to execute GTM strategy at a high performing level
  • Represent Turquoise Health at industry events, conferences, in-person client meetings, and networking opportunities to enhance visibility with customers and prospects to strategically drive revenue
  • Drive cross-functional projects and initiatives that scales with departmental and organizational goals
  • Collaborate with leadership team to define and refine strategic objectives and long-term goals
  • Implement new data-driven strategies that scale sales processes and drive repeatable revenue for the business

Turquoise Health operates a digital platform that helps patients and healthcare providers compare healthcare costs transparently. Users can input their insurance details to see out-of-pocket expenses for various services, such as metabolic panels and ultrasounds, making it easier to make informed healthcare decisions. The platform collaborates with healthcare centers and insurance providers across multiple locations, including Wichita and New York, to gather and display publicly available pricing information required by law. This focus on price transparency sets Turquoise Health apart from competitors, as it simplifies the often confusing healthcare pricing landscape. The company's goal is to empower patients by providing them with the necessary tools to understand and manage their healthcare costs effectively.

Company Size

51-200

Company Stage

Series B

Total Funding

$53.8M

Headquarters

San Diego, California

Founded

2020

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for price transparency tools boosts Turquoise Health's market potential.
  • $30 million Series B investment supports platform expansion and enhancement.
  • Rising healthcare costs drive consumers to seek cost comparison tools like Turquoise Health.

What critics are saying

  • Low hospital compliance with transparency rules threatens Turquoise Health's business model.
  • Rising hospital costs may affect Turquoise Health's cost comparison accuracy.
  • Ongoing inflation in healthcare costs challenges Turquoise Health's competitive pricing information.

What makes Turquoise Health unique

  • Turquoise Health offers a unique marketplace connecting patients, providers, and payers.
  • The platform provides real-time hospital compliance tracking with price transparency rules.
  • Turquoise Health's Instant Good Faith Estimates serve self-pay and uninsured patients effectively.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

401(k) Retirement Plan

401(k) Company Match

Remote Work Options

Flexible Work Hours

Home Office Stipend

Phone/Internet Stipend

Professional Development Budget

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

5%
PR Newswire
Jul 9th, 2024
Patientrightsadvocate.Org Statement On Turquoise Health'S Mrf Tracker

WASHINGTON, July 9, 2024 /PRNewswire/ -- Today, PatientRightsAdvocate.org (PRA) released a statement on the findings of the new machine-readable file (MRF) tracker by Turquoise Health that tracks real-time hospital compliance with the federal hospital price transparency rule."We applaud Turquoise Health for creating a live tracker showing hospital compliance with the Hospital Price Transparency Rule. Unfortunately, much like our semi-annual compliance reports, their data show alarmingly low rates of full compliance with the hospital price transparency requirements," said PatientRightsAdvocate.org Founder and Chairman Cynthia Fisher. "Despite the rules being in effect for more than three years, all healthcare consumers are harmed by a lack of access to real upfront prices. With three-quarters of hospitals failing to pass CMS's validator tool, which by their admission does not constitute compliance with transparency requirements, it is clear that lackluster enforcement of hospital price transparency rules by CMS has enabled hospitals to maintain unacceptably low rates of compliance. Increased enforcement, including fines, and the passage of robust legislation to codify and strengthen these rules are necessary to bring more hospitals into full compliance and protect patients from overcharges, errors, and even fraud in medical billing."Background:According to the Turquoise tracker, only 16.7% of hospitals nationwide comply with the latest form and structure requirements that pass the CMS validator tool (which does not assess the accuracy of the data) and post a compliant text file. Of the MRFs analyzed by Turquoise, half post the data necessary to be considered fully compliant with the price transparency rules.PRA's sixth Semi-Annual Hospital Price Transparency Compliance Report revealed just 34.5% of hospitals surveyed were in full compliance with the federal hospital price transparency rule

PYMNTS
May 16th, 2024
Steep Hospital Costs Help Inflation Persist

American medical care costs have gone up, and that’s reportedly helped inflation remain high.Hospital prices climbed 7.7% between April 2023 and April 2024, the biggest monthly increase since October 2010, The Wall Street Journal (WSJ) reported Thursday (May 16), citing data from the U.S. Department of Labor.The report also included an analysis — performed for the WSJ by Turquoise Health — of recent price increases for specific procedures helping fuel this trend.For example, the cost of performing an angioplasty on cardiac patients grew $670, or 4.5%, to $15,640 in the first squatter of the year, the report said. Intensive care for newborns now costs as much as $7,939 per day, a 5% increase. And breast biopsies performed with a needle rose $220 during the period, or 4.6%, to $5,027.The first wave of inflation missed hospitals, as their prices were already set by contracts with health insurers, according to the report. However, inflation has begun to take hold as these healthcare providers have renegotiated prices. The reason: Hospitals need to pay for rising wages, with hiring in the health sector remaining robust.Economists said they expect this trend to stick around as upheaval in the labor market continues to affect wages and health insurance contracts, per the report.“We’re not expecting much slowing,” said Alan Detmeister, an economist for UBS

Pulse 2.0
Jan 26th, 2024
Turquoise Health: Healthcare Pricing Company Secures $30 Million

Turquoise Health - an end-to-end healthcare pricing platform - has announced a $30 million Series B investment led by Adams Street Partners, with participation from Yosemite and existing investors Andreessen Horowitz and BoxGroup.

Silicon Legal
Jan 23rd, 2024
SLS Client Yosemite Joins Turquoise Health's $30MM Series B Round

SLS client Yosemite joins Turquoise Health's $30MM Series B round.

MedCity News
Jan 23rd, 2024
Turquoise Health Raises $30M for its Price Transparency Software

Adams Street Partner Tom Bremner will join Turquoise's board of directors.