Abarca Health

Revenue Operations Associate

San Francisco, California, United States

Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Healthcare, Mental Health, BiotechnologyIndustries

Requirements

The Revenue Operations Associate should be financially savvy with a strong understanding of healthcare billing complexities and possess technology proficiency to bridge systems and automate workflows. Experience in defining and developing roadmaps for organizational goals and a growth mindset are essential. A high EQ and low ego are preferred, along with a passion for problem-solving in the healthcare industry.

Responsibilities

The Revenue Operations Associate will work closely with Revenue Cycle Management, Finance, and Operations teams to enhance Revenue Operations, improve efficiency, and drive operational excellence. This role involves supporting month-end close and revenue recognition processes, including reconciliation of claims, adjustments, and collections. Additionally, the associate will collaborate with Finance to improve forecasting and refine model assumptions by analyzing historical data, and drive strategic RCM initiatives.

Skills

Revenue Operations
Data Analysis
CRM
Salesforce
Excel
Problem-Solving
Communication

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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