You can just simply take another derivative to get the equation
$$
∂_xF+∂_xF_{y_0}·y'+∂_{y_1}F·y''+…+∂_{y_n}F·y^{(n+1)}=0
$$
which can be transformed into an explicit ODE if $∂_{y_n}F$ is invertible.
In another way, this same condition says that if $∂_{y_n}F$ is invertible and continuous, then by the implicit function theorem the original implicit equation has an explicit solution $$y^{(n)}=g(x,y,y',…,y^{(n-1)}).$$
Usually, if $y$ is scalar, the points where $∂_{y_n}F=0$ form a surface and thus the set of regular points is dense, so the ability to resolve into an explicit equation is a stable property.
If $y$ is a vector and $F$ a system of equations of equal dimension, then the rank of $∂_{y_n}F$ is a stable property. One can only resolve it into an explicit ODE if the rank is full. All other cases, excluding some more exotic degeneracies, lead to differential-algebraic equations, DAE.
An ODE has a full vector field on the state space. A DAE only defines direction vectors on a part of the state space, and then usually multiple directions per point. It becomes non-trivial to select directions so that integral curves, i.e., solutions to all defining equations, result.