Revenue Operations Associate, Hinge Health

$73.6-110.4k

+ Equity

SQL
Excel
Junior and Mid level
San Francisco Bay Area

3+ days a week in office

Hinge Health

Digital clinic for joint and muscle pain

Be an early applicant

Hinge Health

Digital clinic for joint and muscle pain

1001+ employees

HealthcareB2CB2BPersonal healthEnterpriseWellbeing

Be an early applicant

$73.6-110.4k

+ Equity

SQL
Excel
Junior and Mid level
San Francisco Bay Area

3+ days a week in office

1001+ employees

HealthcareB2CB2BPersonal healthEnterpriseWellbeing

Company mission

To improve the lives of people suffering from chronic conditions, starting with musculoskeletal conditions like back and joint pain.

Role

Who you are

  • We are looking for someone with at least 1 year of professional experience, preferably in the consulting, startup, or healthcare fields, who is interested in understanding the mechanics of healthcare reimbursement, financial metrics, and go-to-market motions/support
  • Bachelor’s Degree with a concentration in Business, Accounting or Finance
  • 1 + year of professional experience, preferably in the startup, consulting, and/or healthcare fields
  • 1+ year of experience with Excel

Desirable

  • 1+ years of experience with SQL
  • 1+ year of experience in revenue cycle management
  • 1+ year of experience with project management
  • 1+ year of experience in finance or accounting
  • Comfortable working with the ambiguity of a fast-paced startup
  • Efficient written and verbal communication skills
  • Experience working cross functionally with different internal and external partners and teams

What the job involves

  • The Revenue Operations and Strategy team’s mission is to ensure Hinge Health gets reimbursed for the services we provide, while also leveraging our financial operations expertise to lead and enable strategic decisions and initiatives across the organization
  • We’re looking for an ambitious and energetic individual to support our Commercial Enablement function, under the Rev Ops and Strategy team, who will play an instrumental role in supporting internal Commercial stakeholders for both revenue generation and retention motions, while also ensuring that we are billing accurately and reimbursed in a timely fashion from clients, payers and health plans
  • They will work cross-functionally to strategize, create, and implement processes and procedures that not only impact key financial metrics, but also improve company efficiency and scalability as we continue to be a high-growth company
  • Advise on contracting and financial deal terms to enable Commercial teams to win large health plan, ecosystem, and client deals
  • Collaborate with Commercial teams on go-to-market motion planning for current and new billing modalities and monetizations
  • Drive new product and LOB financial operations discovery and establish monetization models
  • Communicate cross-functionally with Customer Success, Sales, Partnerships, and Engineering teams to support client and partner financial reporting needs and promote revenue retention
  • Participate in external calls assisting sales pitches and explaining key financial- and business-specific concepts to our valued clients/partners
  • Participate in internal solution and educational calls to ensure HH Commercial teams are adequately prepared to answer financial questions
  • Support and own the end-to-end partner commissions process for our financial monthly/quarterly close
  • Forecast and model, in collaboration with Partnerships and Sales teams, to create financially sound, new partner commission structures that also encourage increased sales and deal closure
  • Assist in recurring, monthly and quarterly, billing and collections processes such as invoice billing, claims partner set up and implementation/submission, cash collections, and ad-hoc accounting and revenue reporting support
  • Update and refresh reporting for revenue cycle KPIs, including but not limited to: claim denials, claim write-offs, time to cash, partner commissions etc
  • Troubleshoot and correct any ad-hoc claim rejections, verify user eligibility, and re-submit claims accordingly
  • Ability to identify revenue cycle process breakdowns and apply knowledge to propose & develop potential solutions

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Insights

Top investors

64% employee growth in 12 months

Company

Company benefits

  • Comprehensive medical, dental, and vision coverage
  • We offer help with gender-affirming care, tools for family and fertility planning, and travel reimbursements if healthcare isn't available where you live
  • Manage your own learning and development budget
  • Mental health and lifestyle stipends to cover your favorite wellness services, workout classes, gym subscriptions, and work-from-home equipment
  • Flexible vacation and paid time off

Funding (last 2 of 7 rounds)

Oct 2021

$400m

SERIES E

Jan 2021

$300m

SERIES D

Total funding: $825.8m

Our take

Musculoskeletal (MSK) conditions are prime concerns for individuals and employers. In fact, 1 in 2 Americans experience some form of back and joint pain. Hinge Health has created a platform that brings treatment providers and patients together in order to prevent, treat and rehabilitate a variety of MSK conditions.

MSK spending has nearly doubled from $10 billion to almost $20 billion over the last 10 years. Analysis by Hinge Health indicates that MSK is an employer's highest medical claim expense. Despite this, patient results have not improved, which has led to a reported 70% of employers looking to adopt a digital MSK solution.

This wealth of opportunity has led to Hinge Health providing digital MSK clinics for employees at 1000+ companies, including Salesforce, US Foods and Boeing. With a valuation of over $6 billion, the company stands as one of the most valuable startups in digital health, and will be pursuing profitability as it prepares for a possible IPO.

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Kirsty

Company Specialist at Welcome to the Jungle