0 years

3 - 4 Lacs

Posted:3 hours ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

1.Financial Planning & Strategy

-Develop annual budgets and monthly forecasting models.

-Provide financial insights to unit head for decision making.

-Advise unit head on long-term financial sustainability and growth strategies.

2. Revenue Cycle Management (RCM)

-Oversee claims submission, TPA coordination, and collection processes.

-Ensure accurate pricing of maternity packages, NICU billing, pharmacy & consumables.

-Reduce receivable days and minimize revenue leakages.

-Monitor OPD, IPD, diagnostics, pharmacy, and OT revenue streams.

3. Cost Control & Efficiency

-Track consumption of pharmacy, surgical consumables, implants, disposables.

-Implement cost-saving measures without compromising patient care quality.

4. Financial Reporting & MIS

-Prepare daily, weekly, and monthly MIS:

-Doctor payout reports

-Occupancy & ALOS analytics

-Present financial performance to unit head with corrective action plans.

5. Statutory Compliance & Audits

-Ensure timely filing of GST, TDS, PF/ESI, and other statutory requirements.

-Lead internal and external audits; ensure compliance with healthcare standards.

-Maintain financial SOPs as per NABH guidelines.

6. Cash Flow & Working Capital Management

-Manage hospital cash flows, vendor payments, and procurement cycles.

-Ensure optimal inventory levels in pharmacy, OT, NICU, and lab.

7. Payroll & Doctor Payouts

-Oversee salary processing and statutory deductions.

-Oversee consultant payout structures (revenue share, professional fees, retainer models).

-Ensure accurate reconciliation of department and doctor earnings.

8. Insurance & TPA Coordination

-Develop strong relationships with insurance partners and TPAs.

-Monitor authorizations, approvals, and claims settlement cycles.

-Ensure minimum claim rejection and denial rates.

9. Team Leadership

-Lead the finance and accounts team.

-Train staff on billing accuracy, RCM practices, and financial SOPs.

-Foster a culture of accountability and continuous improvement.

Job Type: Full-time

Pay: ₹25,000.00 - ₹40,000.00 per month

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Cocoon Hospital

Healthcare

Wellness City

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