Full-Time

Ops Associate I

Confirmed live in the last 24 hours

R1 RCM

R1 RCM

10,001+ employees

Revenue cycle management solutions for healthcare

Enterprise Software
Healthcare

Compensation Overview

$15.73 - $19.66Hourly

Entry, Junior

Remote in USA

Category
Procurement & Sourcing
Quality Control & Compliance
Operations & Logistics
Required Skills
Business Analytics
Requirements
  • High School diploma
  • 1-3 years of experience specific to business analytics in an acute hospital setting or other relevant field.
Responsibilities
  • Abstract information from Medical Records of Managed Care claims for accurate discharge status information on all managed care claims
  • Research medical records for post-acute care, and verify of accurate discharge status information
  • Compile supporting documentation from follow-ups with payors and research that was conducted
  • Research and communicate with post-acute care agencies to verify accurate discharge status information
  • Compile accurate and organized reports for submission to Project Managers and Supervisors
  • Accurately track workflow and pipeline projects
  • Perform other duties as assigned
  • Utilization of various PA systems for payment screenings and claim research
  • Maintain constant communication with Project Managers and/or clients regarding data acquisitions, deliveries, and rebilling confirmations
  • Generate and submit reconciliation reports
  • Ensure payer follow-ups are completed through payment collection

R1 RCM provides Revenue Cycle Management (RCM) solutions to healthcare providers, including hospitals and physician groups. The company uses technology to streamline financial and administrative processes, helping clients reduce costs and improve patient satisfaction. R1 RCM offers comprehensive services that cover all aspects of the revenue cycle, from patient registration to billing and collections. Their goal is to enhance the financial performance of healthcare organizations while allowing them to focus more on patient care.

Company Stage

Acquired

Total Funding

N/A

Headquarters

Murray, Utah

Founded

N/A

Growth & Insights
Headcount

6 month growth

12%

1 year growth

23%

2 year growth

37%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by TowerBrook Capital Partners and CD&R for $8.9 billion reflects strong investor confidence and potential for growth.
  • R1 RCM's advanced RCM solutions, like R1 Professional, are widely adopted by large hospital-owned medical groups, indicating robust market penetration.
  • The company's strategic focus on automation and AI in handling clinical denials appeals positions it well to address rising healthcare financial pressures.

What critics are saying

  • The recent cyberattack and customer bankruptcy have negatively impacted R1's revenue outlook for 2024, highlighting vulnerabilities in its operations.
  • The competitive landscape in the RCM sector is intense, with potential for market share erosion by emerging technologies and new entrants.

What makes R1 RCM unique

  • R1 RCM's focus on end-to-end RCM solutions tailored for healthcare providers sets it apart from competitors who may offer more generalized financial services.
  • The company's use of intelligent automation to streamline revenue cycle processes provides a competitive edge in reducing administrative burdens and improving patient satisfaction.
  • R1 RCM's performance-based incentive contracts align its success with that of its clients, fostering long-term partnerships and trust.

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