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Director, Strategic Advisory Services

Director, Strategic Advisory Services

companyCorroHealth
locationUnited States
PublishedPublished: 4/25/2024
Leadership / Executive Board
Full Time

About CorroHealth:


At CorroHealth our purpose is to help clients exceed their financial health goals. Across the reimbursement cycle, our scalable solutions and clinical expertise help solve programmatic needs. Enabling our teams with leading technology allows analytics to guide our solutions and keeps us accountable achieving goals. 


We build long-term careers by investing in YOU. We seek to create an environment that cultivates your professional development and personal growth, as we believe your success is our success.  

JOB SUMMARY:

As a Director, Strategic Advisory Services you will bring your extensive consultative insight and knowledge of the hospital’s Clinical Revenue Cycle to drive optimal internal processes that deliver better revenue outcomes. You’ll build long-lasting and impactful relationships with hospital executives as you help them realize value from the CorroClinical program and drive their success. Through data and analytics, you’ll benchmark hospital performance by payer and functional area, identify sources of lost revenue or risk, create, and implement operational solutions that address these issues, and manage performance to drive outcomes. You’ll join a team of motivated and creative problem solvers who thrive under pressure and work in a fast-paced but collaborative team environment.

About CorroClinical by Versalus Health:

Since 2021, CorroClinical by Versalus Health has been part of the CorroHealth family.

CorroHealth is the leading provider of clinically led healthcare analytics and technology-driven solutions dedicated to positively impacting the financial performance of hospitals and health systems. With more than 7,500 employees worldwide, CorroHealth delivers integrated solutions, proven expertise, intelligent technology, and scalability to address needs across the entire revenue cycle. To learn more, visit corrohealth.com.

CorroClinical provides data-driven solutions combined with clinical operations support to hospitals and health systems nationwide to help them improve financial performance and Medicare compliance. The company has a vibrant culture that strives to promote a positive work-life balance while allowing professionals to utilize their skills in an environment that positively impacts healthcare.

As a Director, Strategic Advisory Services you will bring your extensive consultative insight and knowledge of the hospital’s Clinical Revenue Cycle to drive optimal internal processes that deliver better revenue outcomes. You’ll build long-lasting and impactful relationships with hospital executives as you help them realize value from the CorroClinical program and drive their success.  Through data and analytics, you’ll benchmark hospital performance by payer and functional area, identify sources of lost revenue or risk, create, and implement operational solutions that address these issues, and manage performance to drive outcomes. You’ll join a team of motivated and creative problem solvers who thrive under pressure and work in a fast-paced but collaborative team environment. 

The Impact That You Will Have:

Over the last 20 years, many hospitals have been struggling financially due to complex regulation and policy changes set forth by Medicare and private payer organizations. Many have faced bankruptcy and in extreme situations some have even closed. Our Strategic Advisors lead challenging and rewarding careers providing our hospital clients with strategies and solutions to ensure our clients are paid fairly which benefits them and the communities that rely on their services.  Additionally, through coaching, development, and mentoring you will be responsible for growing members on Strategic Advisory Team.

In This Role You Will:

  • Help the Strategic Advisory team deliver transformative programs that involve analyzing hospital claims and encounter data, identify issues, formulate, and test hypotheses and develop an approach to solve the client’s problem
  • Use your knowledge of healthcare industry and the Clinical Revenue Cycle to evaluate the impact of regulatory updates, process changes, new commercial payer agreements, and new strategic direction for hospital clients
  • Translate data into meaningful presentations and reports for key decisions makers and client executives. Identify nuances in the standard deliverables that are likely to raise concerns or questions, research the issue and present a client-ready response. Identify the salient points to share with the client based on the metrics or other standard deliverables.
  • Develop, present, and implement recommended processes, education, training and KPIs.
  • Collaborate with Sales, regulatory and clinical leaders to create initial assessments for prospective clients and develop action plans with proposed solutions. 
  • Work closely with other teams and CorroClinical subject matter experts in the development of business cases for new products

Do You Have What It Takes:

  • Bachelor’s Degree, with demonstrated capability and experience in economics, finance, accounting, business or other related analytical field is required
  • 5+ years of hospital revenue cycle consulting experience and experience analyzing hospital claims data; 5+ years of healthcare industry experience in a client-facing role preferred
  • Exceptional analytical and quantitative problem-solving skills and the ability to learn and adapt quickly
  • Ability to synthesize data and information and summarize conclusions
  • Outstanding written and oral presentation skills, ability to engage in back-and-forth conversations with senior leaders, ability to be convincing and develop strong relationships
  • Possess strong Excel modeling skills – comfortable working with large amounts of data and relevant database (i.e., Access, etc.)
  • Strong interpersonal and organizational skills including the ability to effectively work with people across all functions and levels of the organization and under tight timelines

Physical Requirements:

May be expected to sit at a desk for long hours. Repetitive movement of hands and fingers – typing and/or writing.  Occasional standing, walking, stooping, kneeling or crouching.  Ability to reach with hands and arms, talk and hear.

CorroHealth is an Equal Opportunity Employer and considers applicants for employment without regard to race, color, religion, sex, orientation, national origin, age, disability, genetics, or any other basis forbidden under federal, state, or local law.

ESSENTIAL DUTIES AND RESPONSIBILITIES: 
Note: The essential duties and responsibilities below are intended to describe the general duties and responsibilities of this position and are not intended to be an exhaustive statement of duties. This position may perform all or most of the primary duties listed below. Specific tasks, responsibilities or competencies may be documented in the Team Member’s performance objectives as outlined by the Team Member’s immediate Leadership Team Member.

PHYSICAL DEMANDS:
Note: Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions as described.
Regular eye-hand coordination and manual dexterity is required to operate office equipment. The ability to perform work at a computer terminal for 6-8 hours a day and function in an environment with constant interruptions is required. At times, Team Members are subject to sitting for prolonged periods. Infrequently, Team Member must be able to lift and move material weighing up to 20 lbs. Team Member may experience elevated levels of stress during periods of increased activity and with work entailing multiple deadlines.
A job description is only intended as a guideline and is only part of the Team Member’s function. The company has reviewed this job description to ensure that the essential functions and basic duties have been included. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills and abilities. Additional functions and requirements may be assigned by supervisors as deemed appropriate.