Operations Associate - Finance and Revenue at Abarca Health

San Francisco, California, United States

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Not SpecifiedCompensation

Entry Level & New GradExperience Level

Full TimeJob Type

UnknownVisa

HealthcareIndustries

Requirements

The ideal candidate is a natural problem solver with financial savviness and an understanding of healthcare billing complexities. They should be tech-savvy, able to bridge system gaps, and possess experience in defining and developing roadmaps for organizational goals. A growth mindset, high EQ, and low ego are essential, along with the ability to work with internal and external partners to develop solutions.

Responsibilities

This role involves improving Revenue Operations by working closely with Revenue Cycle Management, Finance, and Operations teams. Responsibilities include collaborating across the organization to build assets, workflows, and tools that drive efficiency and operational excellence. The associate will also support month-end close and revenue recognition processes, including reconciling claims, adjustments, and collections, and collaborate with Finance to improve forecasting and refine model assumptions by analyzing historical data.

Skills

Finance

Revenue Operations

Healthcare Administration

Cross-functional Collaboration

Data Analysis

Abarca Health

Pharmacy Benefit Management services provider

About Abarca Health

Abarca Health provides Pharmacy Benefit Management (PBM) services, focusing on flexible and user-friendly solutions for health plans, employers, and government programs like Medicare and Medicaid. Its main product, the Darwin platform, allows clients to quickly implement and modify benefit designs while ensuring compliance with regulations. Abarca Health manages over $5.3 billion in drug spend and processes 100 million prescription claims annually, offering additional services like home delivery for prescriptions. The company's goal is to deliver exceptional service and innovative solutions in the PBM market.

Aventura, FloridaHeadquarters

2005Year Founded

VENTURE_UNKNOWNCompany Stage

HealthcareIndustries

501-1,000Employees

Benefits

PTO

Parental leave

Work flexibility

Health insurance

Wellness stipend

401k

Tuition reimbursement

Leadership development programs

Risks

Increased competition from Amazon Pharmacy and Mark Cuban's Cost Plus Drug Company.

Growing focus on specialty drugs may require platform adaptation.

Shift towards price transparency could pressure Abarca's pricing models.

Differentiation

Abarca Health's Darwin platform is highly adaptable and user-friendly.

The company offers innovative programs like Triple S en Casa for home delivery.

Abarca Health ensures compliance with ever-changing healthcare regulations.

Upsides

Abarca transitioned two million members to Darwin in 18 months, showing operational efficiency.

Collaboration with Blue Shield of California boosts Abarca's reputation in the PBM sector.

Recognition as a top IT workplace attracts top talent, driving innovation.

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