Full-Time

Director of Revenue Cycle Accounting

Posted on 9/20/2024

Talkiatry

Talkiatry

201-500 employees

Provides virtual psychiatric care services

Healthcare

Compensation Overview

$175k - $200kAnnually

Senior

No H1B Sponsorship

Remote in USA

Flexible location: work where you want to, either remotely across the U.S. or from our HQ in NYC.

Category
Financial Accounting
Management Accounting
Accounting
Required Skills
SQL
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in Accounting, Finance, or related field required.
  • CPA designation strongly preferred.
  • Minimum of 5-7 years of experience in accounting, with at least 5 years in a healthcare or medical group environment.
  • Proven experience with ASC 606 revenue recognition in a healthcare setting.
  • Strong understanding of the revenue cycle, including billing, coding, collections, and cash posting.
  • Strong analytical and problem-solving skills, with the ability to interpret and apply complex accounting standards.
  • Proficiency in EMR software, SQL, and Microsoft Excel.
  • Excellent communication skills, with the ability to work effectively with both financial and non-financial stakeholders.
Responsibilities
  • Oversee the accounting for revenue recognition, accounts receivable, liability and refunds for business entities.
  • Ensure accurate revenue recognition practices in accordance with ASC 606 through the creation of complex data models.
  • Develop and maintain policies and procedures to ensure compliance with ASC 606 and other relevant accounting standards.
  • Monitor and evaluate revenue recognition processes, making necessary adjustments to reflect changes in regulations or business practices.
  • Oversee the preparation of documentation and support for internal and external audits related to revenue.
  • Work closely with the RCM team to understand the full revenue cycle, from patient intake to cash collections.
  • Ensure that all revenue-related data from the RCM process is accurately captured and reflected in financial statements.
  • Prepare and review monthly, quarterly, and annual revenue reports, ensuring accuracy and completeness.
  • Provide insights and analysis on revenue trends, including variance analysis and the impact of RCM activities on financial performance.
  • Work with the strategic finance to prepare forecasts, budgets, and financial models related to revenue and collections.
  • Develop and maintain strong internal controls over revenue cycle accounting to mitigate risks of misstatement.
  • Implement and monitor compliance with policies and procedures to ensure data integrity and financial accuracy.

Talkiatry provides psychiatric care services through a telehealth platform, focusing on mental health support. Clients seeking help can easily connect with psychiatrists by checking their insurance coverage and completing an online assessment. This assessment allows Talkiatry to match clients with the most suitable psychiatrist based on their needs and availability, enabling them to have their first virtual visit within days. Unlike many competitors, Talkiatry's services are covered by insurance, making mental healthcare more accessible and reducing out-of-pocket costs for clients. The company aims to enhance the mental health journey for individuals by offering convenient, empathetic, and high-quality care led by a diverse team of experts.

Company Stage

Series C

Total Funding

$192.6M

Headquarters

New York City, New York

Founded

2019

Growth & Insights
Headcount

6 month growth

11%

1 year growth

15%

2 year growth

23%
Simplify Jobs

Simplify's Take

What believers are saying

  • Talkiatry ranked 6th on Deloitte Technology Fast 500 for rapid growth in 2024.
  • Partnerships with Biogen and BetterHelp expand service offerings and client reach.
  • $130M Series C funding supports expansion of value-based care model, reducing costs.

What critics are saying

  • Increased competition from other telehealth platforms may dilute Talkiatry's market share.
  • Potential renegotiation of insurance terms could impact service affordability.
  • Rapid expansion may lead to operational inefficiencies affecting patient satisfaction.

What makes Talkiatry unique

  • Talkiatry offers insurance-covered virtual psychiatric care, enhancing accessibility for clients.
  • The company partners with ERC Pathlight to improve care for eating and mood disorders.
  • Talkiatry's diverse clinical team provides personalized care tailored to individual client needs.

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