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Vice President, Sales

Redox is on a mission to accelerate healthcare’s transformation with useful data. Redox accelerates the development and distribution of healthcare products with a full-service integration platform to securely and efficiently exchange healthcare data. With just one connection, data can be transmitted across a growing network of 7,300+ provider organizations and 240+ healthcare products. Redox connections serve tens of millions of patient records per day, leveraging a single data standard compatible with more than 90 electronic health record systems.


The Vice President of Sales will drive sales strategy and execution, leading our Account Executives and Sales Development Representatives (SDRs) to sell to healthcare payers, providers, and digital health vendors ranging from SMBs to enterprise-level organizations. This individual will be responsible for revenue growth, developing key client relationships, and ensuring the team meets and exceeds sales targets. An expert in healthcare or health technology sales, this VP will provide strong, insightful leadership that helps the team navigate complex sales cycles in the healthcare market.


Key Responsibilities
  • Strategic Leadership: Develop and implement effective sales strategies aligned with our overall business growth goals, focusing on expanding the payer, provider,  digital health vendor segments, and other healthcare verticals. 
  • Team Management: Oversee the Account Executives and the SDR team, providing clear goals, support, and development opportunities to drive high performance across the team.
  • Market Expansion: Identify and pursue growth opportunities in the healthcare and health technology sector, leveraging expertise to expand market presence within payer and provider verticals as well as other healthcare verticals.
  • Client Relationship Management: Cultivate strong relationships with key decision-makers in target accounts, ensuring the team delivers exceptional service and solutions tailored to customer needs.
  • Forecasting & Accountability: Lead monthly and quarterly sales forecasting process, setting clear revenue targets and ensuring accountability across the team through regular updates and progress tracking.
  • Collaboration with Leadership: Work closely with the Chief Growth Officer and cross-functional teams, including Customer Success, Marketing, Product, Finance and Operations to align on strategies and support company-wide growth.
  • Performance Analytics: Use data and KPIs to monitor sales activity and performance, making informed adjustments to tactics and coaching to maximize team success.


Required Experience & Qualifications
  • Experience: Minimum of 10+ years in sales leadership roles, with proven success in the health technology sector, particularly in payer and provider segments. Prior experience and expertise in driving sales growth and scaling sales within a startup or high-growth environment.
  • Leadership: Strong track record of leading, developing, and motivating sales teams in a high-growth environment, with experience overseeing both Account Executives and SDRs.
  • Sales Acumen: Deep understanding of healthcare sales cycles, with a demonstrated ability to close complex deals and establish relationships with healthcare organizations.
  • Data-Driven Approach: Proficiency in leveraging Salesforce, sales analytics, and key performance indicators to monitor, measure, and optimize team performance, ensuring alignment with organizational goals.
  • Collaborative Mindset: Excellent communication skills and proven ability to collaborate across departments to achieve business objectives.


$200,000 - $225,000 a year
Compensation:  The base salary range for this position is expected to be between $200,000 - $225,000 per year.  *The base salary range is subject to change and may be modified in the future. The actual offer may vary depending on multiple factors unique to each candidate, including but not limited to the level of job-related knowledge, skills, qualifications, education/certification, and interview assessment.

Please note that the compensation details listed above reflect the BASE SALARY ONLY, and do not include incentive pay, equity, or benefits. 

Redox offers a total rewards package that includes stock options and employee benefits for full-time employees. Our total rewards package includes the following: 

Benefits & Perks
• 100% remote first culture (must be based in the US)
• Unlimited Flexible Time Off
• 15+ Observed Holidays
• Rest & R^Charge days (guaranteed a 3-day weekend each month)
• R^Charge (6 weeks paid sabbatical + stipend) 
• 401k match 50% for up to 8% on Day 1
• Medical/Dental/Vision Benefits on Day 1
• HSA & FSA, Life, Disability, Medical Travel & Employee Assistance Program
• Paid Parental Leave (16 weeks)
• Productivity Stipend & Wellness Fund
• Redox Issued MacBook
• Virtual and/or in-person Team & Company Events
• Stock Options
• Employee Referral Bonus Program 
• Recognized as  CB Insights Top 150 Most Promising Digital Health Startups in the WORLD & named Top 10 Trending Startups for 2022 Health-Tech companies on Wellfound (formerly AngelList Talent)

Please keep reading...

Research shows that while men apply to jobs when they meet an average of 60% of the criteria, women and other marginalized folks tend to only apply when they check every box. So if you think you have what it takes, but don't necessarily meet every single point on the job description, please still get in touch. We'd love to have a chat and see if you could be a great fit. https://hbr.org/2014/08/why-women-dont-apply-for-jobs-unless-theyre-100-qualified


About Redox - Take a look here: https://youtu.be/4OjENXR6UXA


What We Do

Healthcare organizations and technology vendors connect to Redox once, then authorize what data they send to and receive from partners through a centralized hub. Redox's cloud-based platform is vendor and standards-agnostic and enables the secure and efficient exchange of healthcare data.


This approach eradicates the need for point-to-point integrations and accelerates the discovery, adoption, and distribution of patient and provider-facing technology solutions. With hundreds of healthcare organizations and technology vendors exchanging data today, Redox represents the largest interoperable network in healthcare. Learn how you can leverage the Redox platform at www.redoxengine.com.


Other Stuff About Us

Redox is an EEO company. We fully support the diversity of our team! Read more about our stance on diversity and belonging: Diversity at Redox


As part of our ongoing work to build more diverse teams at Redox, you will be asked to complete a voluntary EEO survey when applying. This survey is anonymous, we cannot link your application record with your survey responses. We request that you complete this voluntary survey as we run monthly reports for each team which provides data for diversity in terms of gender and ethnic background in our Applicants and our Hired Redoxers. We take this data very seriously and appreciate your willingness and time to complete this step in the process.


We believe in holding ourselves to a high standard of conduct. Here's how we think about this: Redox Code of Conduct


Successful candidates must be eligible to be employed in the U.S. and must reside & work in the continental U.S.


Thank you for your interest in Redox!


#LI-TA1

Average salary estimate

$212500 / YEARLY (est.)
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$200000K
$225000K

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What You Should Know About Vice President, Sales, Redox

As the Vice President of Sales at Redox, you'll be at the forefront of transforming healthcare through innovative data solutions. Redox operates a cutting-edge integration platform that facilitates the secure and efficient exchange of healthcare data, connecting over 7,300 provider organizations and 240 healthcare products. In this remote role, you'll lead a dynamic team of Account Executives and Sales Development Representatives (SDRs) to devise and implement strategic sales initiatives aimed at engaging healthcare payers, providers, and digital health vendors, from small businesses to enterprise-level clients. Your expertise in health technology sales will be valuable as you navigate complex sales cycles and establish strong client relationships. Not only will you drive revenue growth and exceed sales targets, but you will also be responsible for expanding Redox's market presence, particularly within the payer and provider segments. Your leadership will involve setting clear performance expectations, fostering a high-performance sales culture, and collaborating closely with other departments to achieve overarching business objectives. With a strong focus on data-driven strategies and an ability to inspire your team, you'll influence our sales approach using key performance indicators and analytics. The compensation package reflects your skill level, starting from $200,000 to $225,000 annually, plus a wealth of employee benefits that emphasize well-being and flexibility, such as unlimited time off and a unique sabbatical policy. If you’re looking for an opportunity to make a notable impact in the healthcare space, this is your chance to shine!

Frequently Asked Questions (FAQs) for Vice President, Sales Role at Redox
What does the Vice President of Sales role involve at Redox?

The Vice President of Sales at Redox leads the sales strategy and execution, overseeing a team of Account Executives and SDRs while driving revenue growth in the healthcare sector. This role includes developing key client relationships, meeting sales targets, and expanding market presence across various healthcare verticals.

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How does Redox support their Vice President of Sales in achieving targets?

Redox provides a collaborative environment where the Vice President of Sales can work closely with cross-functional teams such as Marketing and Customer Success. This collaboration ensures that sales strategies are aligned with overall business growth initiatives, offering support to exceed sales targets effectively.

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What qualifications are needed for the Vice President of Sales position at Redox?

Candidates for the Vice President of Sales position at Redox should have a minimum of 10 years of experience in sales leadership within health technology, demonstrating success in complex deal closures, team leadership, and a deep understanding of healthcare sales cycles.

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What opportunities for growth exist for a Vice President of Sales at Redox?

As Vice President of Sales at Redox, there are substantial opportunities for professional growth. You’ll be involved in strategic decision-making, influence the direction of sales practices, and play a key role in shaping future leaders within the sales team by mentoring and developing their skills.

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What is the work culture like at Redox for the Vice President of Sales?

Redox prides itself on a remote-first culture that prioritizes flexibility, diversity, and collaboration. The company's values emphasize innovation, growth, and a commitment to exceptional service, which fosters a supportive environment for a Vice President of Sales to thrive.

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What benefits can the Vice President of Sales expect at Redox?

The Vice President of Sales at Redox will benefit from a comprehensive rewards package including unlimited flexible time off, a generous 401k match, medical and dental benefits from day one, paid parental leave, stock options, and unique rest and recharge policies.

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What tips can you give for applying to the Vice President of Sales role at Redox?

When applying for the Vice President of Sales position at Redox, highlight your leadership experiences and successes in driving sales growth in the healthcare sector. Tailor your application to reflect your understanding of complex healthcare sales cycles and demonstrate your ability to motivate and manage high-performing teams.

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Common Interview Questions for Vice President, Sales
What strategies would you implement as Vice President of Sales at Redox?

As Vice President of Sales at Redox, I would focus on data-driven sales tactics, leveraging our analytics to identify key market opportunities and guide my team towards meeting our sales goals through targeted strategies and continuous performance tracking.

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How do you approach building relationships with healthcare clients?

In my approach to building relationships with healthcare clients, I prioritize understanding their unique challenges and needs, ensuring that our solutions align with their goals, followed by consistent communication and the provision of exceptional service.

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Can you describe your management style for a sales team?

My management style for a sales team is collaborative and supportive, emphasizing clear communication, training, and empowerment. I encourage team members to share insights and push for innovation while ensuring that everyone is aligned with our goals.

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Describe a time when you had to close a complex deal.

In closing a complex deal, I first identified the key decision-makers involved, built a strong rapport, and facilitated targeted discussions to address their specific concerns. My understanding of the healthcare landscape played a crucial role in tailoring our approach and proposal.

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What do you consider essential skills for a Vice President of Sales in health technology?

Essential skills for a Vice President of Sales in health technology include deep industry knowledge, strong negotiation skills, the ability to build strategic relationships, proficiency in data analysis, and leadership capabilities to inspire and enhance team performance.

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How do you encourage teamwork within a sales environment?

I encourage teamwork within a sales environment by fostering a culture of open communication where team members can share best practices, collaborate on challenging accounts, and celebrate each other's successes, creating an atmosphere of support and shared objectives.

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Can you provide an example of how you solved a problem in your sales role?

An example of problem-solving in my sales role involved analyzing declining sales metrics, revealing gaps in our customer engagement strategy. I implemented targeted outreach initiatives that restored client confidence and subsequently improved our sales performance.

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What industry trends do you see influencing healthcare sales?

Current industry trends influencing healthcare sales include the push for increased interoperability, the integration of AI technology in healthcare solutions, and the rising demand for telehealth services, all of which require adaptive sales strategies.

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Where do you see yourself professionally in the next five years?

In five years, I see myself advancing within the health technology landscape, potentially taking on more significant strategic roles that affect broader business initiatives, ensuring our teams remain innovative and ahead of market demands.

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What advice would you give to someone preparing for an interview for this role?

For someone preparing for an interview for the Vice President of Sales role, I would advise them to familiarize themselves with Redox’s mission, its market positioning, and to prepare solid examples of their achievements in sales leadership relevant to the healthcare industry.

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Founded in 2014, in Madison, Wisconsin, Redox exists to improve healthcare by uniting patients and providers through easily accessible technology. By accelerating the development and distribution of healthcare software solutions with a full-servic...

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Full-time, remote
DATE POSTED
November 23, 2024

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