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Senior Manager, Health Plan Billing Operations

About Lyra Health

Lyra is transforming mental health care through technology with a human touch to help people feel emotionally healthy at work and at home. We work with industry leaders, such as Morgan Stanley, Uber, Amgen, and other Fortune 500 companies, to improve access to effective, high-quality mental health care for their employees and their families. With our innovative digital care platform and global provider network, 17 million people can receive the best care and feel better, faster. Founded by David Ebersman, former CFO of Facebook and Genentech, Lyra has raised more than $900 million.


About the Role

Lyra is looking for a Senior Manager of Health Plan Operations to lead Lyra’s health plan billing operations team. The ideal candidate has a deep understanding of and experience managing claims and billing payment operations with health plans in an outpatient care setting or directly with a health plan and can grasp complicated systems and claims billing rules quickly. They are also a strategic problem solver who constantly looks for opportunities for improvement, can identify, substantiate, and implement changes (big and small), and can work effortlessly in a fast-paced, start-up environment. They understand how to utilize team resources to drive key performance indicators and create scalable and sustainable operating systems.


This candidate will report to the Director of Core Operations.


Responsibilities
  • Lead the end-to-end business process related to health plan claims submission and reconciliation
  • Build out and effectively manage scalable processes for health plan claim operations and collections
  • Audit existing processes and develop and implement solutions and key performance indicators including outstanding A/R, collection rates, adjustments, bad debt write off, estimated collections, appeal success rates, and other requested parameters to align with industry best practices
  • Collaborate with product and technology teams to advocate for billing and reporting solutions that support continued scaling and operational efficiencies
  • Project manage highly diverse stakeholder teams to implement new initiatives that streamline day-to-day operations and enable Lyra to scale and implement new health plan partnership arrangements
  • Design and implement policies and procedures that adhere to the highest quality and compliance standards
  • Track key operating metrics and leverage this information to make informed decisions about staffing and/or priorities, and effectively report out on program health to leadership audiences
  • Serves as the subject-matter expert on regulatory and compliance requirements associated with Lyra’s health plan billing
  • Support initiatives to build a team that embodies operational excellence; coach and develop direct reports


Qualifications
  • 5+ years of previous management experience
  • 15+ years experience in the health plan billing operations
  • Experience in a digital start-up is a plus but not required
  • Highly organized self-starter; able to multitask and be efficient in ambiguous situations
  • Strong project management skills and a demonstrated ability to work successfully on cross-functional teams to drive outcomes
  • Planning, problem-solving and critical thinking skills to anticipate, avert, or resolve issues in staffing, scheduling and task allocation
  • Comfortable with using data to tell a story
  • Ability to distill and communicate complex ideas clearly across different audiences
  • Ability to set and maintain priorities when dealing with multiple demands and interruptions
  • Passion for expanding access to quality mental health care


$95,000 - $146,000 a year
The anticipated annual base salary range for this full-time Senior Manager, Health Plan Billing Operations is $95,000 - $146,000. The base range is determined by role and level, and placement within the range will depend on a number of job-related factors, including but not limited to your skills, qualifications, experience and location. This role may be eligible for discretionary bonuses.

Annual salary is only one part of an employee’s total compensation package at Lyra. We also offer generous benefits that include:

-Comprehensive healthcare coverage (including medical, dental, vision, FSA/HSA, life and disability insurances)
-Lyra for Lyrians; coaching and therapy services
-Equity in the company through discretionary restricted stock units
-Competitive time off with pay policies including vacation, sick days, and company holidays
-Paid parental leave
-401K retirement benefits
-Monthly tech stipend
-We like to spread joy throughout the year with well-being perks and activities, surprise swag, free food and snack deliveries each month, regular community celebration…and more!

We can’t wait to meet you.

"We are an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex (including pregnancy), national origin, age, disability, genetic information or any other category protected by law.


By applying for this position, you acknowledge that your personal information will be processed as per the Lyra Health Workforce Privacy Notice. Through this application, to the extent permitted by law, we will collect personal information from you including, but not limited to, your name, email address, gender identity, employment information, and phone number for the purposes of recruiting and assessing suitability, aptitude, skills, qualifications, and interests for employment with Lyra.  We may also collect information about your race, ethnicity, and sexual orientation, which is considered sensitive personal information under the California Privacy Rights Act (CPRA) and special category data under the UK and EU GDPR.  Providing this information is optional and completely voluntary, and if you provide it you consent to Lyra processing it for the purposes as described at the point of collection, for example for diversity and inclusion initiatives.  If you are a California resident and would like to limit how we use this information, please use the Limit the Use of My Sensitive Personal Information form.  This information will only be retained for as long as needed to fulfill the purposes for which it was collected, as described above. Please note that Lyra does not “sell” or “share” personal information as defined by the CPRA. Outside of the United States, for example in the EU, Switzerland and the UK, you may have the right to request access to, or a copy of, your personal information, including in a portable format; request that we delete your information from our systems; object to or restrict processing of your information; or correct inaccurate or outdated personal information in our systems. These rights may be subject to legal limitations. To exercise your data privacy rights outside of the United States, please contact globaldpo@lyrahealth.com. For more information about how we use and retain your information, please see our Workforce Privacy Notice."

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Average salary estimate

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$95000K
$146000K

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What You Should Know About Senior Manager, Health Plan Billing Operations, Lyra Health

Join Lyra Health as a Senior Manager of Health Plan Billing Operations and help us improve mental health care accessibility through innovative technology! In this fully remote role, you’ll be at the forefront of our billing operations team, ensuring that our claims submission and reconciliation processes run smoothly. With your extensive background in health plan billing, you'll lead the charge in developing scalable processes that will directly impact the quality of care we provide. Collaborating with product and technology teams, you'll advocate for billing solutions that optimize our operations, all while managing a diverse range of stakeholders to launch new initiatives. We’re looking for someone with at least 15 years of health plan billing experience, ready to manage teams, implement key performance indicators, and audit existing processes for improvements. You'll have the chance to work in a vibrant environment that values operational excellence and team development. With a passion for mental health care and a knack for problem-solving, you'll leverage your skills to make informed decisions that enhance our service delivery. Don’t miss out on this opportunity to be a part of something meaningful at Lyra Health, where we prioritize not just our clients, but also our dedicated team members!

Frequently Asked Questions (FAQs) for Senior Manager, Health Plan Billing Operations Role at Lyra Health
What are the key responsibilities of the Senior Manager, Health Plan Billing Operations at Lyra Health?

The Senior Manager, Health Plan Billing Operations at Lyra Health will lead the end-to-end business processes related to health plan claims submission and reconciliation. This includes building and managing scalable processes for claim operations, auditing existing processes, and collaborating with product and technology teams to improve billing solutions.

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What qualifications do I need to become a Senior Manager, Health Plan Billing Operations at Lyra Health?

To qualify for the Senior Manager, Health Plan Billing Operations position at Lyra Health, candidates should have over 15 years of experience in health plan billing operations and at least 5 years of management experience. Strong project management skills and the ability to thrive in a fast-paced startup environment are essential.

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What is the role of the Senior Manager, Health Plan Billing Operations in team development at Lyra Health?

The Senior Manager, Health Plan Billing Operations will support initiatives aimed at building a high-performing team. This includes coaching and developing direct reports to embody operational excellence and drive impactful changes within the organization.

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How does the Senior Manager of Health Plan Billing Operations at Lyra Health contribute to improving mental health care?

By optimizing health plan billing operations, the Senior Manager at Lyra Health ensures that resources are allocated effectively, which contributes to the organization's overall mission of providing accessible mental health care. This role directly impacts the quality of services available to employees and their families.

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What are the benefits of working as a Senior Manager, Health Plan Billing Operations at Lyra Health?

The benefits for the Senior Manager position at Lyra Health include comprehensive healthcare coverage, equity in the company, competitive paid time off policies, and a monthly tech stipend, among others. Additionally, Lyra promotes a healthy work-life balance and offers well-being perks.

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Common Interview Questions for Senior Manager, Health Plan Billing Operations
Can you describe your experience with health plan billing operations?

In responding to this question, highlight your specific experiences managing health plan billing operations, mentioning any systems or processes you’ve improved and the results of those improvements.

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What strategies do you use for team management and development?

Discuss your approach to team management, including specific examples of how you have developed team members and fostered a collaborative work environment that encourages growth.

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How do you handle project management in a fast-paced environment?

Share techniques you use for effective project management under tight deadlines, emphasizing communication, prioritization, and your ability to adapt to changing circumstances.

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How have you successfully implemented process improvements in past roles?

Provide examples of where you've analyzed processes, identified areas for improvement, and successfully implemented solutions that resulted in measurable outcomes.

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What performance indicators do you believe are key to monitoring health plan billing operations?

Discuss specific key performance indicators (KPIs) that are crucial for health plan billing operations, such as collection rates and appeal success rates, and explain why they matter.

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How do you ensure compliance with regulatory requirements in billing operations?

Talk about your familiarity with regulatory frameworks and how you stay updated on changes, as well as how you implement compliance measures within billing operations.

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What techniques do you use for data analysis in billing operations?

Explain your experience with data analysis, including tools you’ve used to track performance metrics and how you’ve leveraged data to make informed decisions.

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Can you give an example of a challenging situation you faced in billing operations and how you overcame it?

Think of a specific example that demonstrates your problem-solving skills and ability to navigate challenges, emphasizing the actions you took and the positive outcomes.

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How would you approach cross-functional collaboration at Lyra Health?

Highlight your ability to work with various teams by providing examples where you’ve engaged with cross-functional stakeholders, emphasizing communication and synergy.

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What motivates you to work in the mental health space?

Share your personal connection or enthusiasm for improving mental health care and how that drives your commitment to the role through passion and purpose.

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Lyra Health is the leading provider of Workforce Mental Health benefits, available to more than 15 million people worldwide. The company offers a full spectrum of care offerings, from preventive to severe.

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BADGES
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CULTURE VALUES
Inclusive & Diverse
Mission Driven
Feedback Forward
Fast-Paced
BENEFITS & PERKS
Medical Insurance
Dental Insurance
Vision Insurance
Life insurance
Disability Insurance
Mental Health Resources
Health Savings Account (HSA)
Flexible Spending Account (FSA)
401K Matching
Equity
Maternity Leave
Paternity Leave
Some Meals Provided
Snacks
Social Gatherings
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
January 9, 2025

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