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Full-Time

Vice President

Commercial Optimization

Updated on 10/24/2024

EnableComp

EnableComp

201-500 employees

Maximizes revenue from workers' compensation claims

Data & Analytics
Financial Services
Healthcare

Senior, Expert

Remote in USA

Category
Strategy Development
Business Development
Business & Strategy
Required Skills
Sales
Product Management
Marketing
PowerPoint/Keynote/Slides
Requirements
  • Bachelor’s degree in business, marketing, finance, or related field required. MBA or related advanced degree preferred.
  • 10+ years of experience in commercial or business information role, with a proven track record of leading large-scale change initiatives to health systems and provider organizations.
  • Strong knowledge of commercial operations, including sales, marketing, pricing, and product management.
  • Experience within Revenue Cycle Management (RCM) including mid to back-end RCM solutions.
  • Ability to work in a fast-paced, dynamic environment with competing priorities.
  • Experience with a rapidly scaling technology/services business is a plus
  • Equivalent combination of education and experience will be considered.
  • Must have strong computer proficiency and understand how to use office applications, including MS Office (PowerPoint, Word, Excel, Teams, Outlook), Zoom, and other Learning technology.
  • Regular and predictable attendance.
Responsibilities
  • Spearhead the development and execution of a comprehensive commercial transformation strategy to drive sustainable growth and enhance competitive positioning.
  • Identify growth opportunities through new markets, products, and revenue streams to expand the company’s footprint.
  • Collaborate closely with senior leadership to ensure commercial objectives are aligned with the organization's broader strategic goals
  • Design and optimize commercial processes to enhance operational efficiency, drive effectiveness, and streamline workflows.
  • Implement tools, systems, and technologies that support commercial optimization and support scalable growth initiatives.
  • Measure and analyze key performance indicators (KPIs) to evaluate the success of transformation initiatives and drive continuous improvement.
  • Lead and execute the partner/connector program by identifying strategic partnerships, developing collaborative frameworks, and fostering relationships that expand market reach, drive joint revenue opportunities, and enhance the company’s value proposition through mutually beneficial alliances.
  • Lead the cross-sell and upsell program by developing and executing strategies to maximize revenue from existing clients, collaborating with Sales, Marketing, and Product teams to identify opportunities, enhance customer value, and drive sustainable growth across the portfolio.
  • Lead and execute key strategies to enhance client retention by analyzing customer needs, implementing tailored solutions, and collaborating with Client Engagement, Sales, and Operations teams to drive long-term loyalty, improve client satisfaction, and reduce churn.
  • Lead commercial integration for M&A activity by developing and executing integration strategies that align sales, marketing, and client-facing functions, ensuring seamless transitions, maximizing revenue opportunities, and driving synergies between merging entities.
  • Launch and oversee quick start campaigns designed to rapidly drive adoption of new products or services, collaborating with cross-functional teams to develop targeted messaging, promotional strategies, and performance metrics that accelerate market entry and revenue generation.
  • Design and implement commercial processes and technology to standardize client proposal system, enhancing customer experience and improve forecasting.
  • Use of independent judgement and discretion as it relates to responsibilities detailed above.
  • Other duties as required.

EnableComp focuses on helping healthcare providers maximize revenue from complex workers' compensation claims, which are often difficult to manage. The company simplifies this process by using a combination of clinical expertise, data-driven analytics, and proprietary technology. Their main product, Enforcer, along with established processes, ensures efficient management of claims, allowing healthcare providers to concentrate on their core operations. EnableComp operates on an outsourcing model, where healthcare providers delegate their claims management to them, saving time and resources while ensuring optimal revenue recovery. They charge fees based on a percentage of the revenue recovered or a fixed fee, providing specialized support to enhance reimbursement from these challenging claims.

Company Stage

Private

Total Funding

$5.3M

Headquarters

Franklin, Texas

Founded

2000

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Simplify's Take

What believers are saying

  • EnableComp's #1 ranking in the 2024 Black Book™ Research Survey highlights its industry leadership and excellence in specialty revenue cycle solutions.
  • Strategic investments from entities like Memorial Hermann Health System and WCAS bolster EnableComp's financial stability and growth potential.
  • The addition of experienced executives like Christa Miller as CFO and Jason Wallis as CTO strengthens the company's leadership and operational capabilities.

What critics are saying

  • The niche focus on workers' compensation claims may limit market expansion opportunities compared to broader RCM providers.
  • Frequent changes in executive leadership could lead to strategic misalignments and operational disruptions.

What makes EnableComp unique

  • EnableComp specializes exclusively in complex workers' compensation claims, setting it apart from broader revenue cycle management firms.
  • Their proprietary software, Enforcer, combined with clinical expertise and data-driven analytics, provides a unique, efficient approach to claims management.
  • EnableComp's outsourcing model allows healthcare providers to focus on core operations while ensuring maximum revenue recovery from intricate claims.

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