Grow Therapy

Contract Management Associate

United States

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Mental Health, Healthcare ServicesIndustries

Position Overview

  • Location Type: Remote
  • Employment Type: Full-time
  • Salary: Not specified

Grow Therapy is on a mission to serve as the trusted partner for therapists growing their practice, and patients accessing high-quality care. Powered by technology, we are a three-sided marketplace that empowers providers, augments insurance payors, and serves patients. Following the mass increase in depression and anxiety, the need for accessibility is more important than ever. To make our vision for mental healthcare a reality, we’re building a team of entrepreneurs and mission-driven go-getters. Since launching in February 2021, we’ve empowered more than ten thousand therapists and hundreds of thousands of clients across the country and insurance landscape. We’ve raised more than $178mm of funding from Sequoia Capital, Transformation Capital, TCV, SignalFire, and others.

Requirements

  • Strong understanding of payor contract and fee schedule management.
  • Experience managing and developing payor relationships.
  • Proven ability to enhance and streamline operational workflows.
  • Excellent communication and interpersonal skills.
  • Ability to interpret complex contractual language.

Responsibilities

Contract Management and Implementation:

  • Own the implementation of newly executed payor contract data, ensuring all relevant contract details are captured and maintained accurately within internal systems.
  • Drive implementation of best practices for contract review, organization, and documentation of newly executed contracts to ensure payor compliance.
  • Provide guidance to other team members on interpreting complex contractual language and any reimbursement structure ambiguity to ensure that Grow is able to maximize collections for newly launched payors.
  • Proactively lead audits of existing payors for missing information and to validate accuracy for internal and cross-functional use.
  • Maintain accurate LinkSquares Governing Summaries by proactively seeking and loading new payor files (contracts, provider manuals, payor newsletters, reimbursement policies, etc.).
  • Resolve complex rate discrepancies, collect missing fee schedules, and address incorrect payor data elements in a promptly manner.

Payor Communication and Coordination:

  • Serve as a primary liaison for payor contract escalations, ensuring issues related to payor networks or reimbursement discrepancies are addressed efficiently.
  • Work closely with internal teams to proactively flag potential payor compliance issues and mitigate risks.
  • Maintain and optimize our payor contact list, ensuring accessibility and accuracy across teams.

Rate Management & Optimization:

  • Lead efforts to document, analyze, and optimize rate management processes for improved performance.

Application Instructions

  • Not specified in the provided text.

Skills

Payor contract management
Fee schedule management
Relationship management
Operational workflow optimization
Contract interpretation
Communication skills
Interpersonal skills

Grow Therapy

Online platform for booking therapy sessions

About Grow Therapy

Grow Therapy is an online platform that connects clients with therapists, allowing users to easily find and book mental health services. The platform ensures quick access to therapy, promising appointments within two days, and simplifies the insurance process for therapy costs. It also provides resources for exploring medication options, enhancing its comprehensive mental health support. Grow Therapy operates across multiple states and accepts various insurance providers, aiming to make mental health services more accessible and efficient.

New York City, New YorkHeadquarters
2020Year Founded
$144MTotal Funding
SERIES_CCompany Stage
Consumer Software, HealthcareIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Flexible Work Hours
Unlimited Paid Time Off
Wellness Program
Competitive Salary

Risks

Increased competition from AI-driven startups threatens market share.
Integration challenges with Big Health partnership may affect service delivery.
Reliance on insurance providers exposes revenue to policy changes.

Differentiation

Grow Therapy offers a comprehensive suite of business tools for mental health providers.
The platform ensures quick therapist access, with appointments available within two days.
Grow Therapy simplifies insurance use, making therapy more accessible and affordable.

Upsides

Recent $88M Series C funding boosts expansion and product development.
Partnerships with Big Health expand service offerings and market reach.
Measurement-informed care system launch enhances patient outcomes and provider attraction.

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