Senior Director, Revenue Cycle Management
Foundation Medicine
Summary
The Senior Director, Revenue Cycle Management leads enterprise revenue-cycle strategy, operations, technology, and performance across Foundation Medicine's precision oncology portfolio. Working across Finance, Reimbursement, Product, Commercial, Operations, Technology, Customer Service, and the Patient Access Team, this leader improves reimbursement, reduces billing friction, strengthens revenue integrity, and builds scalable capabilities that adapt to changing payer, customer, and portfolio needs.
Job description
Mandate
- Own the RCM strategy, operating model, performance system, technology roadmap, and partner ecosystem from claim readiness through account resolution, with upstream handoffs managed in collaboration with the Patient Access Team.
- Move RCM from reactive claims work to proactive revenue integrity and denial prevention through payer intelligence, workflow redesign, automation, analytics, and responsible AI.
- Translate portfolio, coverage, contracting, regulatory, and payer changes into operational readiness and measurable financial outcomes.
Key Responsibilities
Strategy, operating model, and performance
- Set the multi-year RCM strategy, operating model, governance, capacity, service levels, budget, and investment priorities
- Maintain expert knowledge of the U.S. reimbursement landscape, including Medicare, Medicaid, commercial payers, managed care, evolving payment models, and diagnostics reimbursement pathways
- Establish actionable performance visibility, operating cadences, root-cause management, and accountability across products, payers, channels, denials, aging, and workflows
Revenue integrity and payer enablement
- Improve claim-input quality, documentation, adherence to approved coding standards, medical-necessity alignment, and claim defensibility
- This role identifies coding issues and provides insights but does not own coding strategy or policy
- Use claim, denial, appeal, payment, and payer-policy data to remove systemic barriers and inform reimbursement, contracting, evidence, commercial, and product decisions
- Ensure launch and change readiness, partnering with the Patient Access Team when upstream access, coverage, authorization, or financial-assistance processes are affected
Technology, automation, and experience
- Own the RCM technology and data roadmap; simplify and standardize work before applying automation and responsible AI
- Prioritize digital solutions that measurably improve claim quality, routing, follow-up, appeals, reconciliation, and billing communications, with appropriate oversight, privacy, security, and auditability
- Improve billing and account resolution for patients and customers in collaboration with Customer Service, field teams, and the Patient Access Team
Controls, partners, and leadership
- Maintain effective billing, privacy, security, quality, financial, vendor, audit, testing, and change controls
- Partner with Finance on forecasting, reserves, cash, leakage, and translation of operating drivers into financial outcomes
- Build and develop a high-performing organization, lead transformation, strengthen succession and capabilities, and foster integrity, patient focus, learning, and continuous improvement
- Comply with FMI's attendance policies
Basic Qualifications
- Bachelor's Degree and 12+ years of experience in revenue cycle management or a related healthcare operations or strategic function
- 5+ years of people leadership experience, including leading leaders and/or complex teams
Preferred Qualifications
- Master's Degree and experience leading RCM in healthcare, ideally within a diagnostic laboratory or payer-facing environment
- Proven success scaling teams, operating models, vendors, technology, and transformation in a matrixed organization
- Strong command of RCM performance, financial planning, analytics, service levels, controls, and continuous improvement
- Knowledge of CAP/CLIA environments and healthcare privacy, security, quality, and compliance requirements
- Executive-level communication, influence, prioritization, and cross-functional leadership skills
- Understanding of HIPAA and the importance of patient data privacy
- Commitment to reflect FMI's values: Integrity, Courage, and Passion
Requirements
- Bachelor's Degree
- 12+ years of experience in revenue cycle management or a related healthcare operations or strategic function
- 5+ years of people leadership experience, including leading leaders and/or complex teams
- Master's Degree (preferred)
- Experience leading RCM in healthcare, ideally within a diagnostic laboratory or payer-facing environment (preferred)
- Proven success scaling teams, operating models, vendors, technology, and transformation in a matrixed organization (preferred)
- Strong command of RCM performance, financial planning, analytics, service levels, controls, and continuous improvement (preferred)
- Knowledge of CAP/CLIA environments and healthcare privacy, security, quality, and compliance requirements (preferred)
- Executive-level communication, influence, prioritization, and cross-functional leadership skills (preferred)
- Understanding of HIPAA and the importance of patient data privacy (preferred)
Benefits
- Annual bonus
- Company benefits
Company overview
Foundation Medicine is a leading precision medicine company headquartered in Boston, Massachusetts, that specializes in developing and commercializing comprehensive genomic profiling assays for cancer diagnosis and treatment. Founded in 2010 as a spin-off from the Broad Institute, the company leverages next-generation sequencing technology to provide molecular information that helps guide personalized cancer therapy decisions. As a subsidiary of Roche since 2018, Foundation Medicine offers a portfolio of diagnostic tests including FoundationOne CDx, FoundationOne Liquid, and FoundationOne Heme, which analyze solid tumors, hematologic malignancies, and sarcomas. The company's mission is to transform cancer care by delivering high-quality biomarker testing throughout a patient's journey, from initial diagnosis to ongoing management. With over 1,000 employees and operations in Boston, North Carolina, and Germany, Foundation Medicine collaborates extensively with biopharmaceutical partners to accelerate drug development and advance cancer research through its extensive genomic database containing profiles from more than 300,000 patients.