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Account Executive

About Us:

Hippocratic AI is developing the first safety-focused Large Language Model (LLM) for healthcare. Our mission is to dramatically improve healthcare accessibility and outcomes by bringing deep healthcare expertise to every person. No other technology has the potential for this level of global impact on health.

Why Join Our Team:

  • Innovative mission: We are creating a safe, healthcare-focused LLM that can transform health outcomes on a global scale.

  • Visionary leadership: Hippocratic AI was co-founded by CEO Munjal Shah alongside physicians, hospital administrators, healthcare professionals, and AI researchers from top institutions, including El Camino Health, Johns Hopkins, Washington University in St. Louis, Stanford, Google, Meta, Microsoft, and NVIDIA.

  • Strategic investors: Raised $137 million from top investors, including General Catalyst, Andreessen Horowitz, Premji Invest, SV Angel, NVentures (Nvidia Venture Capital), and Greycroft.

  • Team and expertise: We are working with top experts in healthcare and artificial intelligence to ensure the safety and efficacy of our technology.

For more information, visit www.HippocraticAI.com.

We value in-person teamwork and believe the best ideas happen together. Our team is expected to be in the office five days a week in Palo Alto, CA, unless explicitly noted otherwise in the job description.

Role Overview

We are looking for an experienced and driven Account Executive to focus on new business acquisitions with major healthcare providers and leading hospital networks. This role is ideal for someone with a proven track record of selling complex software solutions to these organizations. You will be pivotal in expanding Hippocratic AI’s footprint by building relationships with key stakeholders, managing complex sales cycles, and closing high-value deals.

The ideal candidate has extensive experience selling software solutions to healthcare providers, excels in navigating the intricacies of these organizations, and thrives in a dynamic, fast-paced environment.

Responsibilities

  • Identify, target, and close deals with major healthcare providers and integrated hospital systems, focusing on software solutions that address their most pressing challenges.

  • Develop and execute a strategic sales plan to meet and exceed revenue targets, leveraging your deep understanding of provider organizations and decision-making processes.

  • Build relationships with C-suite executives and key stakeholders within hospital networks to understand their needs and position Hippocratic AI as the optimal solution.

  • Navigate long sales cycles with multiple decision-makers, ensuring timely and effective follow-up at every stage.

  • Stay informed about industry trends, competitive offerings, and the evolving needs of healthcare organizations to position Hippocratic AI effectively.

  • Partner with internal teams, including Marketing, Product, and Customer Success, to align strategies and deliver seamless client experiences.

  • Demonstrate knowledge of value-based care models and how they impact provider decision-making and technology adoption.

  • Travel extensively to meet with prospective clients and attend industry events, building in-person relationships that drive sales success.

Qualifications

Must Haves:

  • Bachelor’s degree required; MBA or advanced degree strongly preferred.

  • 8+ years of proven success in enterprise sales, with a strong focus on selling software solutions to healthcare providers and integrated delivery networks (IDNs).

  • Demonstrated ability to consistently meet or exceed sales targets, closing high-value, complex deals.

  • Deep understanding of hospital network operations and decision-making, with an established network of key contacts in the provider space.

  • Comprehensive understanding of value-based care models and their influence on technology adoption within healthcare organizations.

  • Willingness and ability to travel extensively for client meetings, presentations, and industry events.

  • Familiarity with EHR systems or digital health platforms.

  • Public speaking or presentation expertise, with the ability to command a room and articulate complex solutions effectively.

Nice to Haves:

  • Experience working in a startup or high-growth environment.

  • Experience selling AI-powered solutions or other cutting-edge healthcare technology.

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CEO of Hippocratic AI
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Munjal Shah
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Average salary estimate

$125000 / YEARLY (est.)
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$100000K
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What You Should Know About Account Executive, Hippocratic AI

Are you ready to join a revolutionary team at Hippocratic AI, where we are creating the first safety-focused Large Language Model tailored specifically for healthcare? As an Account Executive in our thriving Palo Alto office, you will play a vital role in reshaping health outcomes through innovative technology. Your mission will be to establish connections with major healthcare providers and hospital networks, showcasing how our advanced software solutions can solve their most pressing challenges. We're looking for a passionate and results-driven individual with a minimum of 8 years of enterprise sales experience, particularly in selling software solutions to healthcare entities. You'll develop strategic sales plans, connect with C-suite executives, and navigate complex sales cycles to close high-value deals. It’s crucial that you understand the intricacies of hospital operations and have a knack for relationship building. Not only will you be traveling extensively to meet clients and attend industry events, but you'll also join forces with our dedicated internal teams, including Marketing and Product, to ensure a seamless client experience. At Hippocratic AI, your contributions will be at the forefront of our mission to enhance healthcare accessibility and efficacy on a global scale, all while working collaboratively in a dynamic environment. We can't wait to see what you'll bring to our innovative team!

Frequently Asked Questions (FAQs) for Account Executive Role at Hippocratic AI
What are the key responsibilities of the Account Executive at Hippocratic AI?

As an Account Executive at Hippocratic AI, your primary responsibilities will include identifying and closing deals with major healthcare providers, developing strategic sales plans to exceed revenue targets, building relationships with C-suite executives, and navigating complex sales cycles. You will ensure timely follow-ups and work closely with internal teams to deliver a seamless client experience.

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What qualifications do I need for the Account Executive position at Hippocratic AI?

To qualify as an Account Executive at Hippocratic AI, candidates should have at least a bachelor’s degree, preferably an MBA, and over 8 years of enterprise sales experience, particularly with software solutions in healthcare. A deep understanding of hospital operations, value-based care models, and familiarity with EHR systems or digital health platforms are also essential.

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Does the Account Executive role at Hippocratic AI require travel?

Yes, the Account Executive role at Hippocratic AI requires extensive travel. You will be meeting with prospective clients and attending industry events to establish and strengthen relationships in person, which is critical for driving sales success.

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What type of environment can I expect as an Account Executive at Hippocratic AI?

Hippocratic AI fosters a dynamic and collaborative environment. You will be expected to work in-office five days a week in Palo Alto, allowing for in-person teamwork and the exchange of innovative ideas that align with our mission to revolutionize healthcare.

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What makes Hippocratic AI an appealing workplace for the Account Executive role?

Hippocratic AI provides a unique blend of visionary leadership, a groundbreaking mission in healthcare technology, and an opportunity to work alongside top experts in AI and healthcare. Plus, with significant funding from notable investors, you're directly contributing to a project that aims to make a profound impact on global health.

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Common Interview Questions for Account Executive
Can you describe your experience with enterprise sales in the healthcare sector?

In answering this question, highlight specific examples of your previous roles, emphasizing your relationship with healthcare providers and successful sales experiences. Discuss particular software solutions you sold and how you adapted your strategy to meet the unique needs of the healthcare industry.

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What strategies do you use to identify key decision-makers in a hospital network?

To effectively answer this, detail your approach to market research and networking. Mention how you leverage existing contacts or utilize industry events to connect with decision-makers, and highlight any tools or software you might use to facilitate this process.

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How do you manage long sales cycles, especially in a complex industry like healthcare?

Discuss your organizational skills and how you maintain essential follow-ups throughout the sales cycle. Share methods you employ, such as CRM tools or checklists, to manage long timelines effectively, ensuring you keep all stakeholders engaged and informed.

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What do you believe is the biggest challenge facing healthcare providers today?

In your response, provide insights into current trends affecting healthcare, such as the shift to value-based care, technology adoption hurdles, or regulatory changes. Relate these challenges to how Hippocratic AI's solutions can address them.

Join Rise to see the full answer
Explain the importance of value-based care in your sales strategy.

Illustrate your understanding of value-based care and why it’s crucial for healthcare organizations. Explain how articulating the benefits of Hippocratic AI’s solutions can align with these models to improve patient outcomes and hospital revenue.

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Can you give an example of a successful deal you closed with a healthcare provider?

Provide a compelling story about a deal that showcases your sales prowess. Focus on the client's needs, how you positioned your solution, and the steps you took to close the deal, including any challenges you overcame.

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How do you stay updated on industry trends and competition?

Mention your commitment to continuous learning through various resources, such as industry publications, webinars, and networking with peers. Highlight how this knowledge informs your sales approach and allows you to offer relevant solutions to clients.

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What role does teamwork play in your sales process?

Emphasize the importance of collaboration, particularly when working with cross-functional teams like Marketing and Product. Describe how effective communication and teamwork can enhance client experience and improve sales outcomes.

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How do you tackle objections from potential clients?

Detail your approach to addressing client objections. Discuss the importance of listening carefully, empathizing with their concerns, and providing clear evidence or testimonials to reassure them of your solution's value.

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Why are you interested in working at Hippocratic AI as an Account Executive?

Express your enthusiasm for Hippocratic AI’s mission and how you align with its values. Share your passion for improving healthcare through technology and describe how your skills make you a strong fit for the role and the organization.

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Hippocratic AI is building a safety-focused large language model (LLM) for the healthcare industry. We believe that generative AI has the potential to massively increase healthcare access the world over but has to be built and tested responsibly. ...

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Full-time, on-site
DATE POSTED
January 10, 2025

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