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Accounts Receivable Analyst

Every day, it feels like healthcare becomes less about the practice of medicine. Hospitals and private practices operate on razor-thin margins, caught between the bureaucracy of insurance companies and ballooning administrative costs. And technological advancements — from electronic health record systems to dictation software — have failed to live up to their promise of making the lives of all healthcare staff easier. 

Commure’s mission is to once again make health the focus of healthcare by using AI and automation to eliminate distractions and keep providers connected to their patients throughout the care journey.

The Commure suite of automated and AI-enabled hardware, software, and services results in happier and healthier patients, less time wasted on administrative tasks, safer staff, and more reliable insurance reimbursements. Since merging with Athelas, our growing suite of solutions now includes:

  • Patient Engagement - Commure Engage empowers providers to connect with their patients throughout the care journey, reducing no-shows and improving health outcomes

  • Workflow Automation - PatientKeeper and other workflow tools automate repetitive tasks, allowing healthcare workers to spend more time with patients 

  • Staff Safety - Commure Strongline protects staff from workplace violence by empowering them to call for help to de-escalate potentially violent situations  

  • At-Home Monitoring - Athelas Care Management offers a suite of remote sensors that allow doctors to bring healthcare into the home, saving lives through early intervention

  • Billing Solutions - Athelas RCM offers AI-driven, full-cycle revenue cycle management solutions that optimize claims submission, ensuring insurers pay every dollar they owe for work performed by healthcare providers

  • Automated Dictation - Athelas Scribe utilizes the power of LLMs to record and automatically summarize appointments, saving doctors countless hours every day

Commure takes a provider-focused approach to healthcare and the healthcare industry has noticed. We’ve grown more than 500% year over year for three consecutive years. We support more than 250,000 clinicians and staff and hundreds of thousands of patients across hundreds of care sites. And we’re just getting started. Backed by General Catalyst, Sequoia, and many other leading investors, Commure is positioned to be the defining healthcare tech company of the next 15 years.

If you're eager to advance our mission to make health the focus of healthcare, come join us!

About the Role:

As an Accounts Receivable (AR) Analyst, you will play a pivotal role in ensuring the financial health of our organization. You will be responsible for executing and optimizing accounts receivable processes, maintaining accurate financial records, and analyzing AR data to accelerate collections. This role offers an exciting opportunity to contribute to the company's success by enhancing cash flow, minimizing bad debt risk, and fostering strong relationships with customers.

Responsibilities:

  • AR Management: Manage the end-to-end accounts receivable process, including contract analysis, invoicing, payment posting, and collections activities.

  • Cash Flow Optimization: Monitor and analyze AR aging reports to prioritize collections efforts and minimize overdue payments.

  • Customer Relations: Build and maintain positive relationships with customers to facilitate timely payments and resolve billing disputes.

  • Reporting and Analysis: Prepare regular AR reports and analysis to track key performance metrics, identify trends, and provide actionable insights to management.

  • Process Improvement: Identify inefficiencies in AR processes and implement solutions to streamline operations and improve cash flow.

  • Compliance: Ensure compliance with accounting principles, company policies, and regulatory requirements related to accounts receivable.

Requirements:

  • Bachelor's Degree in Accounting, Finance, or related field.

  • Proven experience in accounts receivable, credit, or related financial role.

  • Strong analytical skills with the ability to interpret financial data and trends.

  • Excellent communication and interpersonal skills, with the ability to effectively interact with customers and internal stakeholders.

  • Proficiency in accounting software (Netsuite highly preferred) and Microsoft Excel.

  • Detail-oriented with a focus on accuracy and timeliness in delivering results.

  • Ability to work independently and collaboratively in a fast-paced environment.

  • Familiarity with regulatory compliance requirements (e.g., GAAP, Sarbanes-Oxley Act).

Why You’ll Like Working with Athelas

  • Execution focused, driven team: Join a team with an incredible record - we are the smallest, fastest company in history to receive FDA hematology clearance. We are also the largest Remote Patient Monitoring company in the US, with a fast-growing SaaS Revenue Cycle Management business as well

  • Technology Focus: Revolutionizing how technology can be used in the healthcare industry

  • Strong Backing: $132M Series B raised from the likes of Sequoia, General Catalyst, Tribe, Y Combinator

  • Mission Driven: We are changing the way healthcare is provided, bringing it directly to the people who need it with technology-enabled solutions

  • Incredible Growth: Revenue growth of 5x over the past 6 months and we're just getting started!

  • Competitive Benefits: Unlimited PTO, medical, dental, vision, excellent maternity and paternity paid time off.

Athelas is committed to creating and fostering a diverse team. We are open to all backgrounds and levels of experience, and believe that great people can always find a place. We are committed to providing reasonable accommodations to all applicants throughout the application process.

Employees will act in accordance with the organization’s information security policies, to include but not limited to protecting assets from unauthorized access, disclosure, modification, destruction or interference nor execute particular security processes or activities. Employees will report to the information security office any confirmed or potential events or other risks to the organization.

Employees will be required to attest to these requirements upon hire and on an annual basis.

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CEO of Athelas
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Tanay Tandon
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FUNDING
Private
DEPARTMENTS
Accounting
SENIORITY LEVEL REQUIREMENT
Mid-Level
SECTOR
Biotech & Pharmaceuticals
TEAM SIZE
11-50
LOCATION
Hybrid
DATE POSTED
April 12, 2024

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