Compensation & Sales Performance
Key terms used in comp plans, interviews, and offer evaluation.
OTE (On-Target Earnings)
GlossaryExpected total earnings when you hit 100% of quota. Usually includes base + variable pay.
Quota
GlossaryA performance target (revenue, units, procedures, utilization) used to determine variable pay.
Accelerators
GlossaryHigher commission rates that apply after you exceed a defined performance threshold (often after 100% quota).
Ramp
GlossaryThe initial period when expectations and/or pay are adjusted while a rep builds pipeline and account access.
SPIFF
GlossaryShort-term incentive program. A limited-time bonus for specific products or behaviors.
Buying Process & Stakeholders
How purchasing decisions are made in modern healthcare systems.
VAC (Value Analysis Committee)
GlossaryA cross-functional group evaluating products based on value, cost, outcomes, and operational impact—often influencing purchasing decisions.
Procurement / Supply Chain
GlossaryThe operational function responsible for purchasing, contracting, and vendor management.
Stakeholder Map
GlossaryA structured view of decision-makers and influencers across clinical, admin, finance, and supply chain.
Standardization
GlossaryA system preference to reduce variation by using fewer vendors or products across multiple facilities.
Healthcare Organizations
Common org structures that influence territory design and access.
IDN (Integrated Delivery Network)
GlossaryA network of healthcare facilities under one organization (often with centralized purchasing and policies).
GPO (Group Purchasing Organization)
GlossaryAn organization that negotiates contracts and pricing on behalf of multiple healthcare entities.
Service Line
GlossaryA clinical specialty group within a health system (e.g., ortho, cardiac) that may influence purchasing and adoption.
Product Categories
How device companies often classify products for selling and evaluation.
Capital Equipment
GlossaryHigher-cost equipment purchased less frequently (often budgeted and committee-reviewed).
Disposable / Consumable
GlossaryProducts used per procedure or repeatedly (often tied to utilization and volume).
Clinical Evidence
GlossaryData that supports safety, efficacy, and outcomes—often required to win committee-driven buying.
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