Chris Wyatt

Chris Wyatt Email and Phone Number

Chief Product & Strategy Officer | B2B Payments Expert | Author | Advisor @ Finexio
About Chris Wyatt

As a healthcare fintech and revenue cycle innovator, Chris has worked for Change Healthcare, Anthem and United HealthCare helping improve the financial health of payers, providers, and patients. Most recently, Chris is on the founding team of Parasail Health dedicated to helping patients afford their medical care in the era of high-deductible health plans.In his tenure, Chris has overseen the disbursement of $300B in payer payments, helped health systems and providers collect over $25B from patients and made $400M (interest-free) available to patients needing help to pay their medical bills. When he’s not helping bridge the cost chasm between payers, providers, and patients, you can find him adventuring with his two sons Ellis and Miles, attempting to play bluegrass or wondering why we don’t know what most of the universe is made of.

Chris Wyatt's Current Company Details
Finexio

Finexio

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Chief Product & Strategy Officer | B2B Payments Expert | Author | Advisor
Chris Wyatt Work Experience Details
  • Finexio
    Head Of Product & Strategy
    Finexio Aug 2018 - Present
    Orlando, Florida, Us
    The Finexio “Network of Networks” is a low-cost, highly effective solution for increasing B2B payments. 100% Electronic. Eliminates manual entry & continual supplier enrollments. Reduces Supplier Cost. At least 50% less expensive than typical credit card transactions.
  • Payzen
    Strategic Advisor
    Payzen Sep 2019 - Present
    San Francisco, California, Us
    Headquartered in San Francisco, PayZen is a mission-driven fintech company that aims to tackle the growing patient payment responsibility problem with superior technology and a modern approach. PayZen is backed by leading equity and credit capital investors and is led by proven technology veterans with a successful track record of helping millions of Americans overcome financial struggles.
  • Finalytics
    Strategic Advisor
    Finalytics Jan 2020 - Present
    Founded by successful entrepreneurs who have been at the forefront of change as “medical banking” and healthcare revenue cycle have evolved, Finalytics is committed to enhancing efficiencies through stronger coordination between financial institutions and healthcare providers.
  • Zelis® Payments
    Strategic Advisor
    Zelis® Payments Jan 2018 - Present
    Clearwater, Fl, Us
    Zelis® Payments is a leading healthcare payments technology company dedicated to delivering value via exceptional client experiences. Our solutions increase cash flow and speed workflow by streamlining the transfer of secure healthcare payments and detailed, error-free data for medical, dental and workers’ compensation claims to healthcare providers.
  • Cirragroup
    Startegic Advisor
    Cirragroup Jan 2015 - Present
    Lafayette, Louisiana, Us
    CirraGroup is a healthcare financial technology company that has developed a suite of innovative, cloud-based solutions to mutually benefit patients and providers. We facilitate debt resolution by designing solutions that are convenient to use while improving visibility and offering more resolution options.
  • Parasail Health
    Vp Growth & Partnerships
    Parasail Health Sep 2015 - May 2018
    Chris currently leads product strategy, operations, and business development at Parasail Health. Expert in monetizing the healthcare revenue cycle at scale and building sales organizations, Chris is a vocal proponent of change management and a speaker on healthcare innovation, payments, and consumerism. Fundraising:Raised $7.5M in venture capital to fund operations and $400M in debt capital to fund Parasail loan platform.Sales:Established inside sales team, 30+ channel partnerships, 12 strategic partnerships and developed an affiliate sales network with over 120 reps nationwide yielding over 50K providers in the Parasail network and growing.Product & Innovation:• Developed industry leading omnichannel contextualized patient engagement solution to drive collection of large patient balances. • Developed healthcare’s only investment-grade patient propensity to pay score. • Introduced healthcare’s first patient financing open API.• Launched healthcare’s only zero-interest non-recourse patient financing solution.
  • Change Healthcare
    Gm / Solution Owner -- Consumer Billing & Payments
    Change Healthcare 2013 - Sep 2015
    Nashville, Tennessee, Us
    Promoted to lead Emdeon’s Consumer Billing and Payment Solution suite after demonstrating a deep understanding of the payments industry and devising an innovative growth plan leveraging key company competencies. Developed a multi-channel consumer engagement program using traditional print/mail in conjunction with digital channels (email, SMS, IVR) to drive payments through multiple modalities (Online, IVR, Walk-in, Lockbox, Point of Sale). Tasked with transforming the business to a performance-based payments business from a traditional volume based print/mail billing service.► Initiated the development of a multichannel consumer engagement program through traditional print/mail to drive payments through multiple modalities such as online, interactive voice response (IVR), walk-in, lockbox, and point of sale.► Led the development of SmartPay that increased provider’s self-pay collections by 30-50% and reduced average accounts receivable days for provider clients by 20%.► Assisted the company’s user centric design philosophy by establishing strategic development partnerships with key clients; introducing continuous contextual interviews with end users; and employing Projekt202 to aid the company in moving toward experience-driven application development.
  • Change Healthcare
    Senior Director / Vp -- Emdeon Payment Network
    Change Healthcare 2012 - 2013
    Nashville, Tennessee, Us
    Spearheaded business development, management, and delivery of Emdeon’s B2B (payer/provider) payment solutions. Initiated the development of new products; enhanced offerings to promote electronic payment distribution. Created the Emdeon Payment Network (EPN) while leading related initiatives, sales opportunities, and analytics. Leveraged skills in developing a virtual card program; as well as a nine-figure addressable market opportunity. Provided oversight to operations improvement initiatives.► Supervised the development and implementation of the Emdeon payment network, a multichannel payment platform to facilitate B2B payments within the healthcare industry through the following initiatives with outstanding results:► Introduction of virtual cards, which resulted in the achievement of 80% margin ($40M) in new revenue in 2014, based on the processing of virtual card payments worth more than $3.8B.► Creation of the first multichannel product offering and reduction of payer costs while ensuring compliance with federal mandates.► Establishment of two new partnerships, three funding models, and a new settlement and reconciliation process.► Direct supervision and guidance to the creation of the Emdeon Payment Network (EPN) that drove additional innovative B2B payment products including Transcend Pay with Elavon/US Bank and Total Settlement Services with ECHO health.
  • Change Healthcare
    Director -- Financial Services / Solution Owner -- B2B Payments
    Change Healthcare 2011 - 2012
    Nashville, Tennessee, Us
    Recruited to develop Emdeon’s B2B payment solutions, focused on developing innovative and lucrative payment modalities to monetize the $120B in print/mail checks that the firm distributes annually on behalf of payers. Managed product development, sales and service introduction► Drove key efforts that increased the company’s fee-based EFT business from $3B to $15B from mid-2011 to 2014. ► Spearheaded a team who developed a new EFT funding model that enabled the consolidation of provider payments; which reduced payer costs, increased provider convenience, and improved EFT revenue at a three-year compound annual growth rate (CAGR) of 130%.► Developed (hosted and API) self-service provider payment solution (Payment Manager) allowing providers to enroll and manage all of their B2B remittances in one place. ► Increased electronic funds transfer/automated clearing house (ACH) payments by 400% in less than two years by developing business partnerships and leveraging new technology to improve user experience and reduce costs.
  • Anthem
    Director -- Informatics & Data Science / Program Director -- Patient Safety
    Anthem 2008 - 2011
    Indianapolis, Indiana, Us
    Worked closely with the AIM Business Development Team, responsible for delivering value propositions, pricing, and analytical consulting services for more than 30 major health plans. Managed all company-related analytics and sales opportunities for large employer groups; while providing financial oversight to operations improvement initiatives. ► Launched AIM’s Patient Safety Program to reduce unnecessary radiation to members covered by AIM’s programs; program received national recognition, acceptance by the URAC, and was adopted by all AIM clients. Program eliminated the equivalent of 300M chest x-rays► Introduced additional product offerings, including Cardiac Management ($25M opportunity), Specialty Pharmacy Management ($50M opportunity), and AIM’s consumer shopping tool (Optinet), which helped direct patients to equal quality, more affordable locations for some procedures; saving on average $900 per procedure. ► Established AIM’s analytical consulting business based on success of sales process and customer demand for additional data driven insights; resulted in $1.5M in annual revenue.
  • Anthem
    Director -- Medical Economics & Data Science
    Anthem 2007 - 2008
    Indianapolis, Indiana, Us
    Promoted to manage department’s daily operations and provided support to senior leadership on critical business decisions. ► Headed AIM Clinical Profile Team that enhanced client value through improved clinical operations, which resulted in 20% increase in physician case management effectiveness. ► Designed detailed margin and unit cost analysis used by senior management to access company performance that helped identify process inefficiencies. Helped eliminate 25 unnecessary 25 nursing positions, saving ~$2M annually.
  • Anthem
    Manager -- Medical Economics & Data Science
    Anthem 2005 - 2006
    Indianapolis, Indiana, Us
    Selected by senior management to develop the department’s analytical capabilities. Procured and managed new hardware and software as well as ensuring training of staff. Assisted with daily operations of department. Tasked with improving AIM’s customer Web use in effort to reduce high volume of calls to call center, which totaled several thousands per day. ► Spearheaded call center operations improvement initiative to improve workflow and work processes, which reduced volume of calls by 20% and delivered over $600K in capacity creation.► Led cross-functional team to increase Web usage by members, resulting in 40% increase of Web use and resultant savings of more than $2M in operational costs.
  • Anthem
    Project Manager -- Medical Economics & Data Science
    Anthem 2004 - 2005
    Indianapolis, Indiana, Us
    Recruited to develop and manage Medical Economics Department. Supported sales activities and improved operational efficiencies as company grew from start-up operation to become an industry leader with more than 33 million members. Ensured that department deliverables were met and monitored them accordingly. ► Led 100-150 projects with a total department budget of $1.2M. Guided development of metrics and analysis that and helped bring credibility to the discussions by grounding the discussion in real numbers.
  • Unitedhealth Group
    Senior Business Analyst / Business Manager
    Unitedhealth Group 2003 - 2004
    Us
  • Unitedhealth Group
    Financial Analyst
    Unitedhealth Group 2002 - 2003
    Us

Chris Wyatt Skills

Process Improvement Healthcare Information Technology Strategic Planning Data Analysis Healthcare Business Analysis Hipaa Management Business Process Improvement Business Strategy Managed Care Project Management Healthcare Information Technology U.s. Health Insurance Portability And Accountability Act Insurance Healthcare Industry Healthcare Consulting Start Ups Leadership Health Policy New Product Development Sdlc Matrix Management Change Management Business Innovation Strategy Strategic Business Planning Risk Management Financial Management Financial Analysis Forecasting Customer Needs Assessment Turnaround Strategy P&l Management Mergers And Acquisitions Budget Development Agile Methodologies Payments Consumer Healthcare Merchant Services Consumer Insight Iterative Methodologies User Centered Design Consumer Lending Consumer Marketing Crowdfunding Business Development Sales Entrepreneurship Hospital Revenue Cycle Analysis Cross Functional Team Building Value Added Products Trend Analysis Metrics Reporting

Chris Wyatt Education Details

  • University Of Michigan
    University Of Michigan
    Health Management
  • Michigan State University
    Michigan State University
    Business Administration / Health Studies

Frequently Asked Questions about Chris Wyatt

What company does Chris Wyatt work for?

Chris Wyatt works for Finexio

What is Chris Wyatt's role at the current company?

Chris Wyatt's current role is Chief Product & Strategy Officer | B2B Payments Expert | Author | Advisor.

What is Chris Wyatt's email address?

Chris Wyatt's email address is ch****@****ail.com

What is Chris Wyatt's direct phone number?

Chris Wyatt's direct phone number is +177348*****

What schools did Chris Wyatt attend?

Chris Wyatt attended University Of Michigan, Michigan State University.

What skills is Chris Wyatt known for?

Chris Wyatt has skills like Process Improvement, Healthcare Information Technology, Strategic Planning, Data Analysis, Healthcare, Business Analysis, Hipaa, Management, Business Process Improvement, Business Strategy, Managed Care, Project Management.

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