Full-Time

Business Development Manager

Strategic Partners

Confirmed live in the last 24 hours

Inovalon

Inovalon

1,001-5,000 employees

Cloud-based healthcare data analytics solutions

Consulting
Healthcare

Compensation Overview

$71.8k - $85kAnnually

+ Performance-based incentives

Mid, Senior

Company Historically Provides H1B Sponsorship

Minneapolis, MN, USA

Category
Business Development
Business & Strategy
Required Skills
Sales
Lead Generation
Salesforce

You match the following Inovalon's candidate preferences

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

Degree
Experience
Requirements
  • Minimum three (3) years of successful sales experience selling healthcare technology products or services, channel experience preferred.
  • Experience selling, implementing, or integrating with Electronic Health Record (EHR) systems preferred.
  • Experience in channel management and or selling to key executives buyer personas for transactional healthcare EDI services.
  • SaaS or subscription-based software sales experience preferred.
  • Leadership or supervisory experience preferred.
  • Proficient in Microsoft Office suite including Word, Excel, and PowerPoint; Customer Relationship Management (CRM) software experience (i.e. SalesLoft, SalesForce, etc.).
  • Excellent verbal and written communication skills.
  • Ability to work in a fast-paced environment.
  • Self-motivated with strong organizational/prioritization skills and ability to work in a team environment and independently with the ability to manage multiple tasks at one time with close attention to detail.
  • Consistent track record of meeting or exceeding annual revenue objectives.
  • Strong people management skills including customer relation skills, with the ability to make build rapport over the telephone.
  • Working knowledge of sales force automation and contact management systems.
  • Proven ability to work effectively under pressure and meet deadlines.
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.
  • Completes strategic customer account plans that meet strategic partner standards.
  • Partners with the sales leadership team to develop and execute a plan aligned with the sales goals of assigned partner accounts.
  • Functions as a subject matter expert on assigned product suite and applications to orchestrate seamless execution of lead generation and account cultivation activities.
  • Provides specific direction and guidance to advance and or transition sales opportunities with ownership and engagement to ensure successful conversion and deal closure.
  • Grow Inovalon’s PBP partner revenues by helping define and delivering the Inovalon Partner Engagement Program.
  • Serves as a player coach to other team members to teach, strategize, and advance their prospecting and overall sales skills following Business Unit sales processes.
  • Participates in weekly sales meetings and communicates weekly results and performance metrics as they relate to sales pipeline, sales activities, sales cycle time, regional market share, market penetration, wins and losses, etc. for both individual and team performance.
  • Monitors and provides structured feedback on market conditions, regulatory trends, competitive activities, win-loss lessons learned, targeted initiatives for growth and with key target accounts or channel partners within territory.
  • Identifies regional influencers that can support and influence the sales of products and services; regional activities may include tradeshows, association memberships, training, speaking engagements, etc.
  • Maintains compliance with Inovalon’s policies, procedures and mission statement.
  • Adheres 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.
  • Fulfills 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
  • Experience selling, implementing, or integrating with Electronic Health Record (EHR) systems preferred.
  • SaaS or subscription-based software sales experience preferred.
  • Leadership or supervisory experience preferred.

Inovalon provides cloud-based software solutions that focus on improving data-driven healthcare. The company offers advanced analytics and business intelligence tools to healthcare organizations, including providers, payers, and pharmaceutical companies. Inovalon's platform allows for real-time data access and national-scale connectivity, supporting over 100 solutions that enhance various healthcare operations such as revenue cycle management and care quality management. Clients pay subscription fees for access to these user-friendly tools, which integrate easily into existing systems. Inovalon also offers consulting services to help clients maximize their data and analytics capabilities. The company's goal is to empower healthcare organizations to use data effectively to improve patient outcomes and operational efficiency.

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