Foundation Medicine
Job Description
About the Job
The Director of Reimbursement Operations develops and implements strategies that ensure service excellence, high-performing team collaboration and overall operational health. The incumbent leads initiatives to enhance revenue cycle operations and fosters a comprehensive, ROI-driven approach to FMI's prioritization of revenue opportunities.
Key Responsibilities Manage partnership with third-party vendor to maintain a high-performing revenue cycle team. Collaborate across the Revenue & Access and vendor leadership teams to identify opportunities that impact revenue cycle performance. Manage and oversee the activities supporting the full revenue cycle:
Commercial Health Plan Credentialing Medicare Provider Credentialing Medicaid claims and payment enrollment at vendor Contract review (redline), set up and communication to vendor Annual PAMA submission Payer analytics Reimbursement and outcomes ROI activity Model billing fees/annual and long-range planning Invoice review and approval Quarterly write-offs - analysis oversight and approval Participate in team huddles Special projects
Develop, implement, and manage metrics to measure and enhance performance. Support field teams with customer meetings. Analyze financial data to identify trends and areas of improvement in the reimbursement process. Management and development of direct report(s). Other duties as periodically assigned. Qualifications
Basic Qualifications
Bachelor's degree in Healthcare Information or related fields, or equivalent work experience 10+ years of professional work experience 5+ years managerial experience 5+ years of experience in healthcare and medical billing Extensive experience with pivot tables to aggregate and analyze large financial datasets, identifying key trends and insights. Proficient in creating financial models, charts, and visualizations to inform critical financial decisions; highlight expertise in structuring complex spreadsheets for clarity. Preferred Qualifications
Master's or other Advanced Degree Experience working within deadline and resource constraints Prior experience working with intercultural teams Demonstrated ability to lead an existing team of employees at different levels of their career Ability to guide individuals and groups toward desired outcomes, setting high performance standards and delivering leading quality services Ability to prioritize as necessary in a fast-paced environment Ability to work well under pressure while maintaining a professional demeanor Analytical thinking and solutioning skills Effective and clear communication and presentation skills Strong inter-personal skills with the ability to work cross-functionally to accomplish objectives Willingness to adapt and work in ambiguous and/or changing conditions Understanding of HIPAA and importance of privacy of patient data Commitment to reflect FMI's values: Integrity, Courage, Passion
The expected salary range for this position based on the primary location of Boston, MA is $165,680 - $207,100 per year. The salary range is commensurate with FMI's compensation practice and considers factors including, but not limited to, education, training, experience, external market conditions, criticality of role, and internal equity. A discretionary annual bonus may be available based on individual and Company performance. This position also qualifies for FMI benefits.
#LI-Hybrid
About Us
Foundation Medicine, Inc. (FMI) began with an idea - to simplify the complex nature of cancer genomics, bringing cutting-edge science and technology to everyday cancer care. Our approach generates insights that help doctors match patients to more treatment options and helps accelerate the development of new therapies. Foundation Medicine is the culmination of talented people coming together to realize an important vision, and the work we do every day impacts real lives.
Foundation Medicine is proud to be an Equal Opportunity and Affirmative Action employer and considers all qualified applicants for employment without regard to race, color, religion, sex, gender, sexual orientation, gender identity, ancestry, age, or national origin. Further, qualified applicants will not be discriminated against on the basis of disability or protected veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. See also FMI's EEO Statement and EEO is the Law and Supplement. If you have a disability or special need that requires accommodation, please let us know by completing this form. (EOE/AAP Employer)
About the Job
The Director of Reimbursement Operations develops and implements strategies that ensure service excellence, high-performing team collaboration and overall operational health. The incumbent leads initiatives to enhance revenue cycle operations and fosters a comprehensive, ROI-driven approach to FMI's prioritization of revenue opportunities.
Key Responsibilities Manage partnership with third-party vendor to maintain a high-performing revenue cycle team. Collaborate across the Revenue & Access and vendor leadership teams to identify opportunities that impact revenue cycle performance. Manage and oversee the activities supporting the full revenue cycle:
Commercial Health Plan Credentialing Medicare Provider Credentialing Medicaid claims and payment enrollment at vendor Contract review (redline), set up and communication to vendor Annual PAMA submission Payer analytics Reimbursement and outcomes ROI activity Model billing fees/annual and long-range planning Invoice review and approval Quarterly write-offs - analysis oversight and approval Participate in team huddles Special projects
Develop, implement, and manage metrics to measure and enhance performance. Support field teams with customer meetings. Analyze financial data to identify trends and areas of improvement in the reimbursement process. Management and development of direct report(s). Other duties as periodically assigned. Qualifications
Basic Qualifications
Bachelor's degree in Healthcare Information or related fields, or equivalent work experience 10+ years of professional work experience 5+ years managerial experience 5+ years of experience in healthcare and medical billing Extensive experience with pivot tables to aggregate and analyze large financial datasets, identifying key trends and insights. Proficient in creating financial models, charts, and visualizations to inform critical financial decisions; highlight expertise in structuring complex spreadsheets for clarity. Preferred Qualifications
Master's or other Advanced Degree Experience working within deadline and resource constraints Prior experience working with intercultural teams Demonstrated ability to lead an existing team of employees at different levels of their career Ability to guide individuals and groups toward desired outcomes, setting high performance standards and delivering leading quality services Ability to prioritize as necessary in a fast-paced environment Ability to work well under pressure while maintaining a professional demeanor Analytical thinking and solutioning skills Effective and clear communication and presentation skills Strong inter-personal skills with the ability to work cross-functionally to accomplish objectives Willingness to adapt and work in ambiguous and/or changing conditions Understanding of HIPAA and importance of privacy of patient data Commitment to reflect FMI's values: Integrity, Courage, Passion
The expected salary range for this position based on the primary location of Boston, MA is $165,680 - $207,100 per year. The salary range is commensurate with FMI's compensation practice and considers factors including, but not limited to, education, training, experience, external market conditions, criticality of role, and internal equity. A discretionary annual bonus may be available based on individual and Company performance. This position also qualifies for FMI benefits.
#LI-Hybrid
About Us
Foundation Medicine, Inc. (FMI) began with an idea - to simplify the complex nature of cancer genomics, bringing cutting-edge science and technology to everyday cancer care. Our approach generates insights that help doctors match patients to more treatment options and helps accelerate the development of new therapies. Foundation Medicine is the culmination of talented people coming together to realize an important vision, and the work we do every day impacts real lives.
Foundation Medicine is proud to be an Equal Opportunity and Affirmative Action employer and considers all qualified applicants for employment without regard to race, color, religion, sex, gender, sexual orientation, gender identity, ancestry, age, or national origin. Further, qualified applicants will not be discriminated against on the basis of disability or protected veteran status. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. See also FMI's EEO Statement and EEO is the Law and Supplement. If you have a disability or special need that requires accommodation, please let us know by completing this form. (EOE/AAP Employer)