Co-Founder & CEO - AI Healthcare Revenue Recovery
Toronto, Ontario, Canada · Part Time
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Job description
Opportunity Overview
FutureSight invites a visionary Co-Founder & CEO to lead its AI-driven denial management and revenue recovery startup, Reclaim. This role is a foundational co-founder partnership offering significant founder equity rather than a conventional salaried executive position.
Targeting a $16 billion plus total addressable market with an underserved $7.5 to $10 billion gap, Reclaim addresses a critical healthcare segment where 30-40% of denied medical claims remain unchallenged due to insufficient staffing and funding. This results in $50,000 to $300,000 of rightful revenue lost annually per practice.
Reclaim uses AI to manage denied and aged claims comprehensively, applying an outcome-based contingency pricing model where clients pay no upfront fees, only sharing revenue recovered. The ideal clients are practices with annual recoverable claims exceeding $80,000.
Market Insights
- Practices suffer severe frustrations, even employing part-time software engineers to create robotic process automation tools for claim status monitoring.
- Significant financial write-offs cause considerable emotional distress among staff unable to keep up with follow-ups, sometimes totaling near a million dollars for small practices.
- Insurance companies themselves struggle with claim disarray, for example, one major payer faced a backlog of 31,000 disputed claims monopolizing 80% of staff capacity.
- Current top-tier competitors focus on enterprise clients with upfront fees above $15,000, leaving a clear opening to serve mid-market clients with contingency-priced autonomous solutions.
About FutureSight
FutureSight is a venture builder collaborating with mission-driven entrepreneurs to develop software companies from inception through exit. The team consists of experienced founders, operators, and designers with proven track records in scaling software products.
Founder Partnership Benefits
- Meaningful founder equity from the outset
- Committed pre-seed funding for initial hires and minimum viable product development, with possibilities for future investment
- Access to embedded venture-building expertise across design, engineering, growth, and fundraising
- Connections to investors and advisors in AI and early-stage capital spheres
- A collaborative co-creation approach enabling the CEO to lead alongside FutureSight’s cross-disciplinary team
Role Responsibilities
- Define and refine target customer profiles, pricing strategies, and product market position
- Drive customer development activities including pilot programs and converting engagements to revenue-generating contracts
- Work closely with product and engineering teams to launch and iterate on the initial product version based on user input
- Lead seed funding with support from FutureSight's investor networks and demonstrated business traction
- Recruit and manage the founding team, cultivating an effective company culture
Ideal Candidate Profile
- In-depth knowledge of healthcare revenue cycle, medical billing, and denial management processes, including familiarity with administrative denial codes and billing platforms such as Tebra, eClinicalWorks, and Availity
- Prior experience founding or leading a venture-backed startup
- Proven track record in B2B AI or SaaS go-to-market strategies, including sales and customer engagement
- Fundraising expertise, including investor communication and capital acquisition
- Ability to attract, develop, and retain high-caliber talent
- Realistic understanding of startup risks and the commitment required for co-founding a venture-backed company
Application Information
Interested candidates should provide a resume, professional profile, and a brief explanation of alignment with the venture’s mission. FutureSight values diversity and inclusivity and encourages applications from candidates of all backgrounds.