Full-Time

Director – Revenue Cycle Management

Confirmed live in the last 24 hours

Circle Medical

Circle Medical

201-500 employees

Telehealth services for virtual medical consultations

Consumer Software
Healthcare

Compensation Overview

$140k - $168kAnnually

+ Stock Options

Senior

San Francisco, CA, USA + 1 more

More locations: New York, NY, USA

Position may be based in San Francisco or New York, or remote in the U.S. for the right candidate.

Category
Financial Planning and Analysis (FP&A)
Risk Management
Finance & Banking
Requirements
  • Must have excellent organizational skills, communication skills, and the desire and ability to learn and move quickly
  • Knowledge and experience working with big commercial payers
  • Knowledge of professional fee billing, reimbursement, third-party payer regulation, and medical terminology is required
  • Working knowledge of regulatory requirements pertaining to health care operations and their impact on operations
  • Strong problem-solving skills and ability to make timely decisions
  • Strong attention to detail
  • Demonstrated coding and billing knowledge/experience preferred
  • Experience with the provider payor credentialing process
  • Bachelor’s Degree in Business, Healthcare Administration or equivalent and a minimum of five (5) years of medical billing experience
Responsibilities
  • Responsible for overseeing and managing the financial operations related to the revenue cycle which include the following:
  • Develop and implement strategies to optimize revenue cycle and maximize revenue generation
  • Manage and lead revenue cycle team including Billing and coding manager, Patient billing manager
  • Ensuring compliance with all regulations and guidelines such as HIPAA and CMS billing requirements
  • Negotiate and maintain relationships with Commercial Payors to facilitate timely and accurate reimbursement
  • Monitor and Analyze KPIs related to revenue cycle performance such as days in AR, denial rates and cash collections
  • Manage EHR/Medical billing Partner, holding them accountable to contract obligations, and SLAs
  • Identifying and implementing process improvements to enhance efficiency and effectiveness in revenue cycle operations
  • Providing training and education to staff on revenue cycle processes, policies and procedures
  • Conducting regular audits to ensure accuracy of billing practices and no revenue leakage
  • Oversee Weekly billing processes, including reporting and account balancing

Circle Medical provides telehealth services that allow individuals to access healthcare without needing to visit a physical clinic. The company connects patients with licensed healthcare providers through secure video chat, enabling virtual consultations for general medical issues, annual wellness exams, well-woman exams, and COVID-19 testing assessments. This approach enhances accessibility and reduces the necessity for in-person visits, which is especially useful during public health crises. Circle Medical generates revenue through insurance reimbursements and out-of-pocket payments, accepting all major insurance plans and offering a transparent billing process for services not covered by insurance. The company targets tech-savvy individuals who prioritize convenience and efficiency in their healthcare, aiming to make medical consultations more accessible and streamlined.

Company Stage

Acquired

Total Funding

$12.2M

Headquarters

San Francisco, California

Founded

2015

Growth & Insights
Headcount

6 month growth

8%

1 year growth

3%

2 year growth

8%
Simplify Jobs

Simplify's Take

What believers are saying

  • The $14M investment from WELL Health Technologies provides financial stability and resources for further expansion and innovation.
  • The partnership with HEALWELL AI positions Circle Medical at the forefront of AI-driven healthcare solutions, potentially improving patient outcomes and operational efficiency.
  • The growing telehealth market offers significant growth opportunities, especially as more individuals seek convenient and remote healthcare options.

What critics are saying

  • The telehealth market is becoming increasingly competitive, requiring Circle Medical to continuously innovate to maintain its market position.
  • Dependence on insurance reimbursements could pose financial risks if there are changes in healthcare policies or insurance coverage.

What makes Circle Medical unique

  • Circle Medical leverages technology to provide convenient and accessible healthcare services, focusing on virtual appointments which sets it apart from traditional healthcare providers.
  • The integration of HEALWELL's AI platform with Circle Medical's EMR system enhances diagnostic accuracy and operational efficiency, providing a competitive edge.
  • Their acceptance of all major insurance plans and transparent billing process make healthcare more accessible and affordable for a broader demographic.

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