Oversee and manage the hospital's entire revenue cycle, including patient registration, charge capture, claims submission, payment posting and collections.
2. Claims Management:
Supervise the claims submission and processing process to ensure accuracy, compliance with regulations and timely reimbursement.
3. Insurance Verification:
Coordinate with the insurance department to verify patients' insurance coverage, perks and eligibility to facilitate accurate billing and claims submission.
4. Billing and Invoicing:
Ensure that billing procedures are accurate, timely and in compliance with regulatory requirements. Supervise the billing team to review, process and submit claims.
5. Denial Management:
Develop strategies for reducing claims denials and rejections and work to resolve issues promptly to facilitate claim resubmission.
6. Collections:
Manage the collections process, including overseeing the work of collection agents and working on patient payment arrangements, where necessary.
7. Financial Analysis:
Analyze financial data and key performance indicators to identify areas for improvement and develop strategies to maximize revenue recovery.
8. Reporting:
Prepare and present regular financial and revenue cycle reports to the hospital's leadership, highlighting areas that need attention and offering recommendations for improvement.
9. Compliance and Regulations:
Ensure that all revenue recovery practices adhere to healthcare regulations, coding guidelines and billing compliance standards, including HIPAA and other relevant laws.
10. Customer Service:
Interact with patients, insurance companies and other stakeholders to address inquiries, concerns and disputes related to billing and claims.
11. Continuous Process Improvement:
Identify opportunities for streamlining and improving revenue recovery processes and work collaboratively with other hospital departments to implement enhancements
Role & responsibilities
Preferred candidate profile
📌 Opening For Executive-Recovery (Pune)
🏢 Jehangir Hospital
📍 Pune
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