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Medical Business Development Lead

Who We Are

Interbeing Health is a leading provider of ketamine infusion therapy for treatment resistant depression. We are at the forefront of transforming mental health care by pioneering innovative, evidence-based psychedelic treatments.

By building strong partnerships with research institutions and medical professionals and leveraging advanced technologies, we empower patients on their paths to recovery and contribute to a more compassionate and supportive society.

Mission/Purpose of the Position:

The Medical Business Development Lead will play a crucial role in our growth and will focus on establishing and nurturing relationships with local mental health professionals.

We are dedicated to building strong relationships with local psychiatrists, psychologists, and therapists to ensure high-quality patient referrals and care. The Medical Business Development Lead will be at the forefront of this effort, increasing the number of individuals we reach with and can support with their treatment resistant depression.

Accountabilities:

  1. Develop and execute a strategic business development plan to establish relationships with local psychiatrists, psychologists, and therapists
  2. Organize and host weekly dinner meetings with the team and local mental health professionals to foster collaboration
  3. Visit offices of local mental health professionals regularly to build rapport and discuss referral opportunities
  4. Coordinate and attend lunches with potential referral sources to strengthen relationships
  5. Manage and optimize incoming referrals in collaboration with the management team
  6. Track and report on business development activities and referral outcomes

Qualifications: 

  • Experience in a business development and/or sales position
  • Experience with medical device and/or pharmaceutical sales

Base salary: $75,000 - $95,000 + commission

OTE: $140,000 - $190,000

Full-time | Los Angeles, CA

Our practice is located in Beverly Hills

Average salary estimate

$85000 / YEARLY (est.)
min
max
$75000K
$95000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Medical Business Development Lead, Interbeing Health

Interbeing Health is on a mission to reshape the landscape of mental health care with their cutting-edge ketamine infusion therapy aimed at helping those with treatment-resistant depression. We’re excited to introduce the role of Medical Business Development Lead, where your expertise will be crucial in forming and nurturing relationships with local mental health professionals in the Los Angeles area. In this role, you will develop and implement a strategic business development plan that prioritizes connections with psychiatrists, psychologists, and therapists. Picture yourself organizing engaging weekly dinner meetings and frequent office visits to not only foster collaboration but also to facilitate the referral process. With responsibilities including managing incoming referrals and providing reports on business development activities, you’ll be actively contributing to our goal of reaching as many individuals as possible who need our innovative treatments. Your background in business development, ideally within medical device or pharmaceutical sales, will equip you to thrive in this position. We value your experience, and with a competitive base salary of $75,000 to $95,000, plus commission opportunities that can boost your earnings to an impressive OTE of $140,000 to $190,000, we believe you'll find both challenge and reward here at Interbeing Health. Join us in making a difference in the lives of those suffering from mental health issues and play a vital role in building a compassionate community.

Frequently Asked Questions (FAQs) for Medical Business Development Lead Role at Interbeing Health
What are the responsibilities of a Medical Business Development Lead at Interbeing Health?

The Medical Business Development Lead at Interbeing Health is responsible for developing and executing a strategic business development plan focused on establishing relationships with local psychiatrists, psychologists, and therapists. Key tasks include organizing weekly dinner meetings, conducting office visits, managing incoming referrals, and tracking business development activities and outcomes.

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What qualifications do you need to apply for the Medical Business Development Lead position at Interbeing Health?

To be successful as a Medical Business Development Lead at Interbeing Health, candidates should have experience in a business development or sales role, particularly within the medical or pharmaceutical fields. Strong interpersonal skills and a passion for improving mental health care are essential to excel in this impactful position.

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What type of compensation can a Medical Business Development Lead expect at Interbeing Health?

The Medical Business Development Lead role at Interbeing Health offers a base salary ranging from $75,000 to $95,000, accompanied by commission opportunities. This structure can elevate earnings to an impressive on-target earnings (OTE) range of $140,000 to $190,000, making it a lucrative opportunity for the right candidate.

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How does the Medical Business Development Lead contribute to patient care at Interbeing Health?

The Medical Business Development Lead plays a vital role in enhancing patient care at Interbeing Health by building strong, collaborative relationships with local mental health professionals. By facilitating referrals, the Lead helps ensure that more individuals receive access to innovative ketamine infusion therapy for their treatment-resistant depression.

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What kind of meetings will a Medical Business Development Lead organize at Interbeing Health?

The Medical Business Development Lead at Interbeing Health will organize weekly dinner meetings with local mental health professionals to foster collaboration and discuss referral opportunities. These gatherings serve to strengthen professional connections and promote the therapeutic benefits of our services.

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Common Interview Questions for Medical Business Development Lead
What strategies would you use to develop relationships with mental health professionals as a Medical Business Development Lead?

In your response, emphasize the importance of building trust and credibility through consistent communication and personalized outreach. Highlight strategies such as hosting engaging events, being proactive in office visits, and creating valuable resources for mental health professionals.

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Can you share an example of a successful business development experience in the medical field?

Prepare a specific example that illustrates your problem-solving abilities, and your ability to nurture relationships. Discuss the steps you took, the challenges faced, and the positive outcomes achieved—ideally involving referrals or partnerships.

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How do you prioritize your tasks when handling multiple potential referrals?

Discuss your approach to prioritization, which may include categorizing referrals based on urgency, potential impact, and length of the relationship. Mention the importance of staying organized and utilizing tools or software to track your follow-ups and tasks efficiently.

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How do you handle rejection when seeking referrals or partnerships?

Highlight your resilience and positive outlook on rejection. Discuss how you view it as a learning experience and use feedback to refine your approach. Emphasize the importance of maintaining professionalism and gratitude regardless of the outcome.

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What do you think are the most critical qualities for a Medical Business Development Lead?

Mention qualities such as strong communication skills, strategic thinking, empathy, and persistence. Emphasize that these traits foster successful relationships and contribute to Interbeing Health's mission in mental health care.

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How familiar are you with ketamine infusion therapy and its applications?

Express your understanding of ketamine’s role in treating treatment-resistant depression. Mention any research, literature, or experiences you’ve encountered about the efficacy of this treatment to demonstrate your knowledge and interest.

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What techniques do you use to track and report business development activities?

Share your preferred methods for tracking activities, which may include CRM software, spreadsheets, or regular reporting schedules. Highlight the importance of analyzing data to identify trends and opportunities for improvement.

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In your opinion, how can collaboration improve patient care in mental health?

Discuss the idea that collaboration fosters a multidisciplinary approach, enabling better care by integrating various perspectives. Encourage a focus on communication between providers, ensuring a cohesive treatment plan for patients.

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Why do you want to work at Interbeing Health as a Medical Business Development Lead?

Articulate your passion for mental health and your admiration for Interbeing Health's innovative approach. Discuss how you align with their mission and values, and how your skills will contribute to their success.

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How would you approach hosting an event for local mental health professionals?

Describe the planning process you would follow, including setting a clear agenda, selecting relevant topics for discussion, and choosing a suitable venue. Emphasize the importance of creating an inviting atmosphere that promotes networking and collaboration.

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MATCH
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FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
No info
HQ LOCATION
No info
EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 9, 2025

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