Full-Time

Manager – Revenue Cycle

Confirmed live in the last 24 hours

Octave Health

Octave Health

501-1,000 employees

Personalized therapy for individuals and families

Healthcare

Compensation Overview

$93.6k - $100kAnnually

Mid

No H1B Sponsorship

Remote in USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Customer Service
Data Analysis
Requirements
  • Bachelor’s Degree in related field or equivalent work experience.
  • Minimum 4 years Healthcare Revenue Cycle experience; ideal candidate will have hands-on experience in all functions of the Revenue Cycle.
  • Experience devising, outlining, communicating, and implementing complex project plans and seeing them through to timely completion - with proven results.
  • Experience in billing and collecting insurance receivables, including familiarity with collections processes for both in-network and out-of-network insurance payers.
  • Experience in patient collections and managing escalations.
  • Proven track record of devising, communicating, and implementing complex project plans, ensuring timely completion and delivering tangible results.
  • Proficiency in data analysis, with the ability to present insights that inform business decisions effectively.
  • Strong foundation in customer service, both internally and externally.
  • Ability to work independently, set and meet deadlines, and effectively engage stakeholders to drive initiatives forward.
  • Demonstrates accountability for meeting deadlines and delivering on commitments.
  • Excellent written and verbal communication skills, with the ability to foster cross-functional relationships and collaborate effectively within teams.
Responsibilities
  • Ensures a safe, secure, and compliant work environment.
  • Accomplishes staff results by communicating job expectations; planning, monitoring, and appraising job results.
  • Build and manage a high-performing team, including hiring, training, and development.
  • Provide leadership to the team, including setting goals, providing guidance, and ensuring the team's overall success.
  • Set performance expectations and goals for team members. Conduct regular performance evaluations, provide feedback, and address performance issues.
  • Identify skill gaps within the team and develop strategies for filling those gaps. Support employee development through training, mentoring, and coaching. Identify high-potential employees and create succession plans.
  • Lead a team of Revenue Cycle professionals dedicated to a culture of continuous improvement.
  • Oversee the completion of Revenue Cycle projects and the maintenance of ongoing initiatives, collaborating with various Octave stakeholders (e.g., Product, Finance, Client Experience).
  • Analyze data to prioritize projects and manage the daily throughput of the internal Revenue Cycle team and external vendors.
  • Provide guidance and oversee weekly Revenue Cycle team meetings.
  • Align team and individual goals with organizational objectives, providing guidance and support.
  • Serve as a resource for the Revenue Cycle team, troubleshooting complex issues such as intricate client insurance coverage scenarios and offering guidance on next steps.
  • Oversee customer service performance metrics to ensure the team meets client support SLAs.
  • Manages and resolves conflicts constructively, addressing and mitigating conflict situations to foster a cooperative workplace atmosphere and maintain team cohesion.
  • Stay informed about payor policies relevant to Octave's work, communicate updates to the team and ensure compliance with payor contracts.
  • Provide key metric analysis to the leadership team on a monthly and quarterly basis.
  • Serve as a subject matter expert in revenue cycle management, providing expert guidance and support to optimize billing, coding, claims processing, collections, and reimbursement strategies.

Octave provides therapy services for individuals, couples, and families, focusing on mental health support. Their approach involves personalized, evidence-based therapy tailored to each client's unique needs. Clients are matched with therapists who not only have expertise but also align well with their personalities. This method has shown effectiveness, with a reported 37% reduction in depression symptoms over 12 weeks. Octave stands out from competitors by emphasizing genuine human connection and accessibility, as they are in-network with several insurance providers, making their services more affordable for clients. The goal of Octave is to offer effective mental health care that fosters real connections and improves the well-being of their clients.

Company Stage

Late Stage VC

Total Funding

$121.8M

Headquarters

San Francisco, California

Founded

2018

Growth & Insights
Headcount

6 month growth

10%

1 year growth

23%

2 year growth

144%
Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion into 10 new states increases market reach and client base.
  • $52 million Series C funding supports further expansion and technological innovation.
  • New board members bring valuable experience and strategic guidance for growth.

What critics are saying

  • Rapid expansion may strain operational capabilities and affect service quality.
  • Increased competition from Evernorth's Behavioral Health Group could impact market share.
  • Reliance on insurance billing poses risks if reimbursement rates change unfavorably.

What makes Octave Health unique

  • Octave offers personalized, evidence-based therapy tailored to individual client needs.
  • The company matches clients with therapists based on personality and expertise fit.
  • Octave reports a 37% reduction in depression symptoms over 12 weeks with their care.

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