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Full-Time

Director of Revenue Cycle Management

Updated on 9/5/2024

Hazel Health

Hazel Health

201-500 employees

Provides student health services through schools

Hardware
Biotechnology
Education
Healthcare

Compensation Overview

$130k - $155kAnnually

+ Bonus + 401k Match + Healthcare Coverage + Paid Time Off

Senior, Expert

Remote in USA

Category
Insurance
Finance & Banking
Required Skills
R
Data Analysis
Requirements
  • Bachelor’s Degree required; Master’s Degree is preferred
  • 7+ years of experience in healthcare revenue cycle management
  • Experience with multi-state Medicaid and commercial billing
Responsibilities
  • Develop and implement strategies, processes, and technology to manage and continuously improve the Revenue Cycle by increasing claim processing productivity, decreasing denials, reducing days in A/R, and increasing collections.
  • Report and manage key Revenue Cycle metrics on a daily, weekly and monthly basis, including Accounts Receivable, claim processing velocity, rejections and denials, and team productivity.
  • Serve as the subject matter expert for all health plan billing, coding, and revenue collection processes and issues.
  • Manage the Billing team to ensure aligned priorities, high productivity and quality, and performance to company-wide targets.
  • Serve as the superuser and administrator for the billing system, including managing enhancements and new feature development.
  • Identify and lead both internal and cross-functional strategy & process improvements to enable greater scalability, efficiency and accuracy of RCM processes.
  • Conduct data analysis to identify key trends, areas of quality improvement, and opportunities for increased revenue capture.
  • Communicate effectively and work cross-functionally with executives and peers across the organization.
  • Ensure compliance with regulatory and contractual requirements.

Hazel Health provides physical and mental health care services specifically for K-12 students and their families. The company collaborates with schools to offer these services at no out-of-pocket cost, ensuring that care is accessible both at school and home. This approach allows students to receive necessary health support without being limited by their insurance status. Hazel Health's team includes healthcare professionals who deliver immediate care and assist families in understanding treatment plans. The company also connects students with licensed therapists for mental health support. Unlike many competitors, Hazel Health focuses on culturally sensitive care and aims to reduce absenteeism by helping students return to class more quickly. The ultimate goal is to enhance students' academic engagement and success by addressing their health needs.

Company Stage

Series C

Total Funding

$94M

Headquarters

San Francisco, California

Founded

2015

Growth & Insights
Headcount

6 month growth

6%

1 year growth

15%

2 year growth

69%
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Simplify's Take

What believers are saying

  • Hazel Health's services have helped students regain over 70,000 hours of instructional time, demonstrating a significant positive impact on education.
  • Partnerships with major organizations and school districts, such as UnitedHealthcare and UCISD, provide financial stability and growth opportunities.
  • Third-party analyses, like the one from Clemson University, validate the clinical effectiveness of Hazel Health's teletherapy programs, boosting its credibility and appeal.

What critics are saying

  • Dependence on partnerships and external funding could pose financial risks if these relationships change or dissolve.
  • The need to continuously integrate culturally sensitive care and mental health services may strain resources and operational capacity.

What makes Hazel Health unique

  • Hazel Health offers culturally sensitive care at no out-of-pocket cost, making healthcare accessible regardless of insurance status, unlike many competitors.
  • The company's focus on reducing absenteeism by providing immediate healthcare services directly in schools and homes sets it apart from traditional healthcare providers.
  • Hazel Health's partnerships with school districts and organizations like UnitedHealthcare and Superior HealthPlan enhance its ability to deliver comprehensive care to a broad student population.