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Finance Executive

Teleradiology Solutions

Posted On: 2025-12-04 19:16:37
Openings: 10
Applicants: 0

Job Description

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:

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: