InStride Health’s mission is to deliver specialty anxiety and OCD care that works for every kid, teen, young adult, and family who needs it. Through this mission, we are expanding access to insurance-based care, increasing engagement in treatment, and improving treatment outcomes. We are doing this by combining research-backed clinical care and innovative technology to eliminate the major problems with care today : difficulty finding providers, months of waiting to be seen, arduous onboarding processes, and inconsistent use of evidence-based therapies and outcomes tracking. Our vision is to become the nation’s most trusted provider of pediatric anxiety and OCD care.
Do you have the right skills and experience for this role Read on to find out, and make your application.
Team InStride Health : Our Core Values
- Give Heart : We lead with heart, treating patients and their families the way we want our loved ones to be treated.
- Work Smart : We find smarter ways to solve hard problems and fix the broken mental health system by leveraging technology, diversity of thought, and innovation.
- Have Humility : We leave our egos at the door, empowering our team to collaborate, celebrate diversity, and adopt a growth mindset.
- Embrace Community : We all belong. We are in this together, and we never worry alone. We believe in each other and recognize that every voice matters.
About the Role
InStride Health is seeking a Senior Vice President (SVP) of Finance to serve as a key member of InStride’s executive leadership team and a thought partner to the CEO. This individual will be responsible for shaping and executing InStride Health’s financial strategy, optimizing growth, and ensuring financial scalability. The SVP of Finance will work closely with executive leadership and cross-functional teams to align financial planning with company mission and goals. In this role, this leader will ensure effective development, prioritization, coordination and execution of all growth related activities to enable InStride to expand and accelerate its care model. The company’s success in this endeavor will require creativity, persistence, and the ability to find a path where none has been built previously in the pediatric mental health landscape.
Responsibilities :
Budgeting, Financial Planning, Accounting
Develop and own the current-year budget and three-year financial forecast, supporting operations and fundraising activities.Collaborate with senior leadership to refine financial models and establish key financial benchmarks.Manage a rolling 12-month forecast with quarterly updates; update financial models monthly with actual results.Prepare actionable insights on financial data to guide executive decision-making, focusing on “what happened,” “what it means,” and “what we do next.”Lead the preparation of quarterly board updates and monthly operations updates, highlighting progress against corporate objectives.Oversee all InStride accounting processes.Collaborate with People Team to align on strategic hiring goals, workforce planning, staffing models, and the design and review of bonus programs and compensation structures, ensuring financial sustainability and alignment with organizational objectives.Revenue Cycle Management
Monitor and manage revenue cycle processes to ensure 95% collection rates from payors.Continuously review revenue cycle metrics to proactively identify and address issues affecting overall performance.Develop strategies to improve collection rates and streamline billing processes in partnership with operations and finance teams.Track and communicate the impact of strategic initiatives on gross and net cash burn; update cash-zero timelines regularly.Payor Contracting and Management
Oversee implementation and account management of payor contracts, ensuring alignment with organizational financial goals.Continuously review and optimize payor contracts to drive revenue growth and cost efficiencies.Collaborate with the Chief Compliance Officer to ensure compliance with contractual obligations and regulatory requirements.Build, mentor, and lead a high-performing finance team, fostering a culture of collaboration, innovation, and continuous improvement.What You Need to Succeed in the Role :
Experience and Expertise :Proven experience as a VP of Finance or more senior leadership role.
Strong knowledge of financial planning, accounting, and healthcare revenue cycles.Experience preparing comprehensive financial reports for boards and executive leadership.Track record of aligning financial strategies with organizational objectives.Familiarity with federal and state tax laws; experience with M&A activities is a plus.Proven ability to build, mentor, and lead high-performing teams.Skills and Attributes :Excellent communication skills, both written and interpersonal, for engaging with diverse stakeholders.
Proven ability to work independently, manage priorities, and deliver results in a fast-paced environment.Ability to move and inspire people to act through an articulated vision and direction; proven skills in building interpersonal relationships and influencing others.Open leadership style with ability to think collaboratively and problem solve with team members; shows respect and sensitivity with a high EQ; highly effective and active communicator with people at all levels.Demonstrated integrity and professionalism in handling sensitive and confidential information.Exceptional ability to analyze and solve complex problems in dynamic environments.Quick thinking and adaptability to navigate challenges unique to high-growth companies.Deep understanding of business operations in companies like InStride Health, enabling strategic and practical decision-making.Why Join Our Team
Generous benefits package (401k with match, Flexible PTO, paid holidays, 4 week paid sabbatical, 12 week paid parental leave, health benefits starting on your first day, and more)Opportunity to join a mission-driven company that is changing the landscape of pediatric mental health treatmentAbility to help hundreds of children and families access desperately-needed evidence-based careOpportunity to work with talented and experienced team members who have devoted their lives to solving this problemFully virtual : work from the comfort of your home with periodic in-person retreatsCommitment to Diversity, Equity, Inclusion, & Belonging (DEIB)
We want to make our clinical services available for everyone, no matter where you come from, what you look like, or how you identify. To achieve this, we recognize we must continually make progress in building a more diverse, equitable, and inclusive team. Through these efforts, we support two primary objectives at InStride Health :
Providing high quality patient care to families. We are in a privileged position to support families during a vulnerable time in their lives. We approach all families and each other with compassion and are most effective as a diverse team where all individuals feel valued, respected, and accepted.Building a mission-driven business that lasts. Specifically, we believe our commitment to a supportive culture improves innovation, decision-making, and efficiency.J-18808-Ljbffr
