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Product Sales Director - Value Based Care Segment

The Product Sales Director – Value Based Care Segment serves as a product and market segment expert, specializing in one or more of IMO Health’s offerings targeting the intersection of payers and providers, to support the sales process. Partnering closely with Client Executives (Enterprise Sales), they are instrumental in showcasing the value and ROI of IMO’s solutions to both prospective and existing clients. 


As a trusted advisor, the Product Sales Director leverages their deep risk adjustment and revenue cycle product and market knowledge to deliver tailored use cases that align with client needs and objectives. Acting as a vital link between clients and internal teams, they provide feedback that drives enhancements in product development, RAF, commercialization, and overall client success.


WHAT YOU'LL DO:
  • Lead the development and execution of strategies to drive new sales and increase client engagement. 
  • Meet or exceed sales quotas and provide accurate forecasts, opportunity updates, and quarterly business reviews. 
  • Monitor and report on product metrics, adoption, and utilization to track success and identify areas for improvement. 
  • Analyze market trends and client challenges to articulate product ROI and business impact. 
  • Create tailored product ROIs and business impacts for payer and provider clients based upon deep understanding of value-based contract success for all constituencies 
  • Recommend market segmentation strategies based on product and industry expertise. 
  • Collaborate with marketing and business development teams to execute campaigns and go-to-market initiatives. 
  • Provide guidance on best practices and support sales enablement through product training. 
  • Facilitate offer and contract negotiations, ensuring alignment with client needs and objectives. 
  • Support early adopter clients by offering recommendations and guidance for successful implementation. 
  • Gather and share customer feedback to inform product improvements and cross-functional strategies. 
  • Participate in all phases of product development to ensure alignment with market needs. 
  • Develop playbooks to drive rapid product adoption and utilization. 
  • Deliver product briefings and SME-level presentations to educate and empower internal and external stakeholders. 


WHAT YOU'LL NEED:
  • Bachelor’s degree in business, marketing, or a related field; a Master’s degree or equivalent experience is preferred. 
  • Extensive experience in SaaS sales, product marketing, and sales strategy, with a strong background in market research and analysis. 
  • A strong understanding of value-based contracting, Risk Adjustment workflows for payer and provider, CMS/HHS regulations, and impact on payer-provider relationships.
  • Deep knowledge of Healthcare IT, particularly in analytics, reporting, or clinical data software, with an ability to understand and address client needs in these areas. 
  • Exceptional analytical skills, capable of interpreting complex data and translating it into actionable insights and clear, compelling communications. 
  • Proven success in developing and executing go-to-market strategies that drive product adoption and revenue growth. 
  • Outstanding communication and presentation skills, with the ability to influence and engage stakeholders at all levels effectively. 
  • Demonstrated leadership experience, including managing cross-functional teams and contributing to organizational revenue targets. 
  • Proficiency in CRM systems and sales automation tools, with a focus on driving efficiency and performance. 
  • Self-motivated, resourceful, and proactive, with a reputation for taking initiative and delivering results. 


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Average salary estimate

$150000 / YEARLY (est.)
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$120000K
$180000K

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What You Should Know About Product Sales Director - Value Based Care Segment, IMO Health

Are you ready to make a real impact in the healthcare sector? As the Product Sales Director – Value Based Care Segment at IMO Health, you will be at the forefront of innovation, helping to bridge the gap between payers and providers with cutting-edge solutions. This role isn't just about numbers; it's about creating real relationships and showcasing the value and ROI of IMO’s offerings to both prospective and existing clients. You'll partner closely with Client Executives in Enterprise Sales, using your expertise in risk adjustment and revenue cycle products to develop tailored strategies and insightful use cases that resonate with client needs. Whether you’re analyzing market trends or collaborating with marketing on go-to-market strategies, your goal is to drive new sales and enhance client engagement. From overseeing sales quotas to facilitating offer negotiations, every day brings new challenges and the chance to influence product development based on client feedback. With your extensive knowledge of Healthcare IT and commitment to client success, you’ll lead the charge in helping organizations thrive in a value-based world. If you’re a strategic thinker with a passion for improving healthcare through innovative solutions, we’d love to hear from you!

Frequently Asked Questions (FAQs) for Product Sales Director - Value Based Care Segment Role at IMO Health
What are the primary responsibilities of the Product Sales Director at IMO Health?

The Product Sales Director at IMO Health is responsible for leading strategy development and execution to drive new sales, increasing client engagement, and meeting sales quotas. This role involves a deep understanding of value-based care, risk adjustment workflows, and market trends to articulate the ROI of IMO's offerings effectively. Additionally, you'll collaborate with various teams, enhance product development through client feedback, and deliver presentations to educate stakeholders.

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What qualifications are required for the Product Sales Director role at IMO Health?

To excel as a Product Sales Director at IMO Health, candidates should have a Bachelor's degree in business, marketing, or a related field, with a Master’s degree preferred. Extensive experience in SaaS sales, product marketing, and sales strategy is crucial, along with a solid understanding of value-based contracting and Healthcare IT solutions. Strong analytical skills, leadership experience, and proficiency in CRM tools are also important for success in this role.

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How does the Product Sales Director contribute to client success at IMO Health?

The Product Sales Director plays a critical role in driving client success at IMO Health by acting as a trusted advisor. By leveraging extensive market knowledge and client insights, you'll develop tailored recommendations and support clients in implementing IMO's solutions. Your ability to gather and relay customer feedback will inform product improvements and cross-functional strategies, ensuring alignment with client objectives.

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What skills are necessary for a successful Product Sales Director at IMO Health?

Successful Product Sales Directors at IMO Health need exceptional communication and presentation skills to engage various stakeholders effectively. Analytical skills are crucial for interpreting complex data and translating it into actionable insights. A deep understanding of Healthcare IT and the ability to manage cross-functional teams also contribute to success, as does being self-motivated and proactive in achieving results.

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What does the sales process look like for the Product Sales Director at IMO Health?

The sales process for the Product Sales Director at IMO Health involves developing strategies to showcase product value, engaging directly with clients to understand their needs, and presenting tailored ROI analyses. You'll monitor product metrics and adoption rates, facilitate negotiations, and collaborate with marketing and development teams to optimize campaigns and support product launches.

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Common Interview Questions for Product Sales Director - Value Based Care Segment
How do you approach developing a go-to-market strategy for new products?

When developing a go-to-market strategy, I start by conducting thorough market research to identify target segments and customer pain points. Collaborating with cross-functional teams, I ensure the strategy aligns with both sales goals and customer needs, focusing on creating compelling value propositions and effective communication plans.

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Can you give an example of how you've driven revenue growth in a previous role?

In a previous role, I led a product launch that integrated customer feedback into our offerings, resulting in a tailored marketing approach. By optimizing our sales pitch to highlight specific client pain points, we increased our sales revenue by 30% in the first quarter post-launch.

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How do you stay informed about trends in the healthcare IT industry?

I regularly follow industry publications, participate in webinars, and attend conferences related to healthcare IT and value-based care. Networking with industry professionals also helps me stay updated on emerging trends, enabling me to adapt strategies quickly and provide informed insights to clients.

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What is your experience with value-based contracting?

I have extensive experience with value-based contracting, particularly in analyzing revenue cycle impacts and developing tailored strategies for both payers and providers. This involves understanding key performance metrics and how they relate to outcomes, enabling me to effectively communicate the benefits of our solutions.

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How do you handle challenging client objections during the sales process?

I view objections as opportunities to better understand client concerns. By actively listening and empathizing with their challenges, I engage in open dialogue to address issues and provide data-driven insights demonstrating how our solutions can meet their needs, ultimately building trust and rapport.

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Describe your experience with CRM systems and how you utilize them for sales success.

I have significant experience with CRM systems, using them to track sales activities, manage client relationships, and analyze performance metrics. By leveraging CRM analytics, I identify opportunities for improvement and streamline processes, ensuring efficient follow-ups and maximizing sales potential.

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How do you align product development with client needs?

To align product development with client needs, I facilitate regular feedback sessions and maintain close communication with clients, ensuring their inputs are incorporated into the development process. By sharing market insights and client pain points with the product team, we can create solutions that address real-world challenges effectively.

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What strategies do you use to foster strong relationships with clients?

I prioritize regular communication and transparency to build strong client relationships. This includes providing ongoing support, sharing valuable insights, and ensuring they feel heard and valued. My approach is to act as a trusted advisor rather than just a salesperson, fostering long-term partnerships.

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How do you measure success in a sales role?

I measure success through a combination of metrics, including sales quotas, customer satisfaction scores, and overall client engagement levels. Additionally, I track the long-term success of clients using our products to ensure we are creating value and meeting their strategic goals.

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How would you approach training a new team member?

When training a new team member, I focus on creating a structured plan that includes hands-on learning experiences, mentorship, and shadowing opportunities. I believe in fostering an open environment where questions are encouraged, ensuring they feel supported and capable of thriving in their new role.

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IMO Health's leadership team is committed to fostering a culture that supports diversity, inclusion, and authenticity. Our hybrid workplace provides the flexibility employees need, and this deliberate, agile approach is key to our success. But a c...

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Full-time, on-site
DATE POSTED
December 22, 2024

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