Full-Time

US-Product Manager III

Posted on 11/19/2024

R1 RCM

R1 RCM

10,001+ employees

Revenue cycle management solutions for healthcare

Enterprise Software
Healthcare

Compensation Overview

$46.5k - $104.6kAnnually

Mid

Remote in USA

Category
Product Management
Product
Required Skills
Agile
Product Management
SCRUM
Requirements
  • Minimum 4+ years’ prior Product Management experience.
  • Mastery of Agile fundamentals with demonstrated experience to drive execution within an Agile environment.
  • Exposure to high-level technology paradigms (e.g. data flows, APIs, services).
  • Experience interfacing directly with technology leaders and engineers.
  • Adept at leveraging data to identify and validate opportunities, build a business case, and articulate value, including cost-benefit analyses to help the business prioritize projects.
  • Good organization skills, including plotting a path towards delivering outcomes that drive value for the business.
  • Deep user empathy and collaborative mindset.
  • Ability to communicate, present, and engage with Director+ level stakeholders to explain complex information in a non-complex fashion.
  • Self-driven, diligent, and exhibits an aptitude for solving problems.
Responsibilities
  • Drive development of new features by interpreting business needs, composing user stories and acceptance criteria in an agile environment.
  • Work with stakeholders to guide the release of new features and the successful integration and/or migration of current operations onto those products.
  • Manage scrum team(s) and work closely with engineering leads to feed the teams a constant pipeline of high-value work for each sprint.
  • Ensure product quality by performing thorough user acceptance testing.
  • Quickly identify blockers, developing a mitigation strategy or escalating to leadership where needed.

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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