Position Overview: The Finance Executive is a critical member of the finance team, responsible for managing the billing process and ensuring the accurate and timely submission of claims. This role demands a high level of analytical expertise to analyze billing data, identify trends, and implement improvements to optimize the revenue cycle. The ideal candidate will possess a robust understanding of healthcare billing practices, insurance policies, and financial procedures, combined with strong analytical skills.

Key Responsibilities:

1. Billing and Claims Processing:
- Prepare and submit accurate insurance claims to various payers, including Medicare, Medicaid, and private insurance companies.

- Review and verify patient information and billing codes to ensure accuracy and compliance with regulatory requirements.

- Monitor and follow up on unpaid or denied claims, correcting and resubmitting them as necessary.

- Maintain detailed records of billing activities and transactions.

- Analytical and Reporting Responsibilities:

- Generate detailed reports on billing activities, accounts receivable, and revenue cycles for management review.

- Analyze billing data to identify trends, areas for improvement, and potential issues.

- Develop and implement strategies based on data analysis to enhance billing processes and reduce errors.

- Conduct financial analysis and modeling to support strategic decisions.

- Patient Account Management:

- Manage patient accounts, including sending invoices, processing payments, and resolving billing inquiries.

- Assist patients in understanding their bills, insurance coverage, and payment options.





- Negotiate payment plans with patients when necessary and follow up on outstanding balances.

- Compliance and Documentation:

- Stay current with industry regulations, insurance guidelines, and coding practices to ensure compliance.

- Maintain accurate and up-to-date patient records, including all billing-related documentation.

- Conduct regular audits of billing activities to identify and correct any discrepancies.

- Coordination with Other Departments:

- Collaborate with healthcare providers, coding specialists, and administrative staff to ensure accurate billing and productive workflow.

- Provide support to the finance team with month-end closing processes and financial reporting.

- Technology and System Management:

- Utilize billing software and electronic health record (EHR) systems to manage billing processes.

- Ensure all billing systems are updated and functioning correctly.

- Leverage analytical tools and software to improve data accuracy and process efficiency.

Qualifications:

- Education:
- Bachelor’s degree in Finance, Accounting, Business Administration, Data Analytics, or a related field. Relevant work experience may be considered in lieu of a degree.

- Experience:

- Minimum of 1 to 3 years of experience in healthcare billing or medical billing with a strong focus on data analysis.

- Familiarity with ICD-10, CPT coding, and medical terminology.

- Proven experience with electronic health records (EHR) and billing software systems.

- Demonstrated experience in financial analysis and data-driven decision making.

Job Location: Bangalore ,Work From Office

Interested can apply to [email protected]

📌 Finance Executive (Bengaluru)
🏢 Leading
📍 Bengaluru