Full-Time

Director – Revenue Cycle Management

Posted on 6/27/2024

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: Remote in USA

Position may be based near offices in New York or San Francisco, or be remote in the U.S.

Category
Financial Planning and Analysis (FP&A)
Insurance
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
  • Proven track record with other startups or VC funded companies
  • The ability to coordinate and negotiate rates and contracts on behalf of Circle Medical with commercial payers
  • Command of revenue cycle management principles, including working knowledge of cash posting processes, medical record guidelines, coding, and accounts receivable follow-up (e.g. HCPCS, CPT, ICD codes)
  • Manager/supervisory experience is a big plus
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 is particularly 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. The company targets tech-savvy individuals who value convenience and efficiency in their healthcare experience.

Company Stage

Acquired

Total Funding

$12.2M

Headquarters

San Francisco, California

Founded

2015

Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for telehealth post-COVID-19 boosts Circle Medical's market potential.
  • AI integration with HEALWELL enhances operational efficiency and patient outcomes.
  • Hybrid healthcare models offer flexibility, aligning with Circle Medical's service offerings.

What critics are saying

  • Integration challenges with HEALWELL's AI could disrupt operations if not managed well.
  • Strategic shifts from new AI leadership may impact current service delivery.
  • WELL Health's investment might lead to governance changes, causing internal disruptions.

What makes Circle Medical unique

  • Circle Medical offers both in-person and virtual healthcare services.
  • The company integrates AI to enhance electronic medical records and patient care.
  • Circle Medical accepts major insurance plans, ensuring broad patient accessibility.

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Benefits

Flexible Work Hours

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Company Match

401(k) Retirement Plan

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Wellness Program

Mental Health Support

Professional Development Budget

Company Equity

INACTIVE