Financial Operations Director

4 days ago


Delhi, Delhi, India Khalsa IT Morinda Full time

We are seeking a highly skilled Financial Operations Director to join our team at Khalsa IT Morinda. As a key member of our organization, you will be responsible for overseeing the entire revenue cycle process in a medical billing company.

Key Responsibilities:
  • Revenue Cycle Management: Manage all stages of the revenue cycle, including patient registration, insurance verification, medical billing, coding, claims submission, and payment collection.
  • Claims Processing: Ensure timely and accurate submission of claims, and resolve any denials or rejections. Work closely with insurance companies to address issues and ensure optimal collections.
  • Process Optimization: Identify opportunities to streamline billing and claims processes, reduce errors, and increase cash flow. Continuously implement best practices in revenue cycle management.
  • Team Leadership: Lead and mentor a team of billing and coding professionals. Provide ongoing training and support to ensure the team meets performance and quality benchmarks.
  • Regulatory Compliance: Ensure that all billing practices comply with local and international regulations, including payer requirements. Maintain high standards for data privacy and security.
  • Financial Analysis: Generate and review regular financial reports on revenue cycle performance, including accounts receivable, denial rates, and collections. Present findings and recommendations to management.
  • Technology Integration: Collaborate with the IT team to ensure optimal use of revenue cycle management software. Stay updated on technology improvements and recommend system enhancements when necessary.
  • Customer Communication: Manage patient billing inquiries and disputes. Ensure a clear, accurate, and patient-friendly billing experience.
Qualifications:
  • Bachelor's degree in healthcare administration, business, or a related field.
  • Minimum of 2 years of experience in revenue cycle management or medical billing.
  • Strong understanding of healthcare billing processes, insurance guidelines, and revenue cycle management.
  • Excellent leadership, communication, and problem-solving skills.
  • Proficiency with billing and claims management software.

The salary for this position is estimated to be around $80,000 - $110,000 per year, based on industry standards and location. This is a competitive salary that reflects the importance of this role in our organization.



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