Director, Revenue Cycle Management
Remote United States
Business Operations – Finance /
Full-Time /
Remote
Equip is the leading virtual, evidence-based eating disorder treatment program on a mission to ensure that everyone with an eating disorder can access treatment that works. Created by clinical experts in the field and people with lived experience, Equip builds upon evidence-based treatments to empower individuals to reach lasting recovery. All Equip patients receive a dedicated care team, including a therapist, dietitian, physician, and peer and family mentor. The company operates in all 50 states and is partnered with most major health insurance plans. Learn more about our strong outcomes and treatment approach at www.equip.health
Founded in 2019, Equip has been a fully virtual company since its inception and is proud of the highly-engaged, passionate, and diverse Equisters that have created Equip’s culture. Recognized by Time as one of the most influential companies of 2023, along with awards from Linkedin and Lattice, we are grateful to Equipsters for building a sustainable treatment program that has served thousands of patients and families.
The Director of Revenue Cycle Management (RCM) will serve as a key member of the Finance team, ensuring the financial health of the company by leading revenue cycle functions. The Director RCM will play a crucial role in shaping the company’s RCM structure, policies and processes while delivering valuable insights to management.
Responsibilities:
- Oversee a high-performing team, managing them to consistently meet company performance metrics, ensuring they employ best-in-class practices to support and drive high levels of internal and external customer satisfaction and fostering a collaborative and supportive work environment.
- Manage the company’s end-to-end revenue cycle processes, including payer A/R, billing and collections, and insurance underpayment recovery activities, implementing best practices and initiatives to both enable the company to achieve its overall strategic and financial goals and to optimize the patient’s financial interaction along the care continuum.
- Partner with cross-functional teams to manage medical and billing systems and provide leadership and strategic guidance to support scaling operations.
- Establish and maintain policies for revenue recognition and accounts receivable.
- Manage the monthly close process for all revenue related activities.
- Provide insightful reporting to internal management, highlighting key RCM, efficiencies and areas for performance improvement.
- Oversee the integration and management of both new and existing contracts by partnering with key stakeholders to deliver successful operational and financial metrics.
- Identify improper denial and rejection trends, working with payers and cross-functional teams to manage claims projects and provide appropriate escalation of payer issues.
- Oversee technical accounting matters associated with material or nonstandard contracts and settlements.
- Review payor lag times and assess the need for specific write offs timely.
- Prepare and review supporting memos with recommended accounting treatments.
- Perform other duties as assigned.
Qualifications:
- Bachelor’s degree in accounting or related field. CPA is preferred.
- 7+ years of progressive work experience in revenue accounting and revenue cycle management.
- 3+ years of people management experience.
- Strong background in GAAP, revenue recognition and receivables management.
- Demonstrated experience in healthcare collections
$160,000 - $180,000 a year
The pay range for this position in the US is $160,000 - $180,000/yr; however, base pay offered may vary depending on job-related knowledge, skills, and experience. We are open to compensation negotiations. This role can be located anywhere in the US. Equip offers a comprehensive benefit package, including medical, dental and vision insurance, 401k, paid time off, family and short-term disability leave.
Compensation and Benefits:
Equip offers competitive compensation and benefits programs as well as, career development opportunities, and exciting team retreats to ensure community and connection. The Talent Acquisition team will provide candidates with our benefit guide and share compensation information beyond posted bands. Below we have highlighted a list of some of our most popular benefits.
Short and long term incentives, including yearly bonus potential
Remote work from home
Flexible PTO & Leave programs
Health, dental, and vision insurance
Wellness and reproductive care programs
401k retirement savings plan
Home office set-up stipend
Student Loan Repayment (If Applicable)
Professional development stipend (If Applicable)
Co-working monthly stipend (If Applicable)
Equal Employment Opportunity:
At Equip, we believe that our diverse perspectives are our biggest strengths — and that embracing them will create real change in healthcare. As an equal opportunity employer, we provide equal opportunity in all aspects of employment, including recruiting, hiring, compensation, training and promotion, termination, and any other terms and conditions of employment without regard to race, ethnicity, color, religion, sexual orientation, gender identity, gender expression, familial status, age, weight, disability and/or any other legally protected classification protected by federal, state, or local law.
