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3.3

based on 28 Reviews

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26 Ventra Health Jobs

Associate Director, Cash Management - Radiology RP

10-12 years

Kolkata, Mumbai, New Delhi + 4 more

1 vacancy

Associate Director, Cash Management - Radiology RP

Ventra Health

posted 5d ago

Job Description

  • The Associate Director, Cash Management is responsible for overseeing and managing the Payment related functions such as payment posting, refunds, credits, reconciliation, month end activities etc. This role is critical in ensuring timely and accurate maintenance of patient accounts, ensuring transactions are posted in a timely manner and turnaround times for various activities are strictly adhered to.
  • Located either at our Chennai, Hyderabad, or Coimbatore Service Delivery Centers (SDC). If not located at the colleague SDC then monthly travel is required.
Essential Functions and Tasks
Cash Flow Optimization:
  • Develop and implement strategies to optimize daily activities including improving payment posting accuracy and meeting TATs.
Team Management:
  • Lead and mentor a team of cash management professionals, including cash application specialists, lockbox operations, and refund specialists.
Payment Posting and other related activities:
  • Ensure accurate and timely payment posting, including managing lockbox operations, electronic funds transfers (EFTs), and manual payments.
Reporting:
  • Prepare and analyze reports on key performance indicators (KPIs) related to cash management.
Technology Implementation:
  • Collaborate with technology team to improve cash management efficiency and accuracy.
Regulatory Compliance:
  • Ensure compliance with all federal, state, and local regulations related to cash management and revenue cycle management.
Develop Standard Instructions:
  • Ensure all instructions are captured and updated in a timely manner.
Training:
  • Collaborate with training and QA teams to improve the efficiency of the staff.
Education and Experience Requirements
  • Bachelors degree in finance, accounting, healthcare administration, or any other stream
  • Minimum 10+ years core experience in cash management within the US healthcare industry, with a strong understanding of revenue cycle management processes.
Knowledge, Skills, and Abilities
  • In-depth knowledge of cash management principles, accounting practices, and revenue cycle management.
  • Strong leadership skills, including the ability to motivate and manage teams.
  • Excellent problem-solving and analytical skills.
  • Strong communication skills, both written and verbal.
  • Proficiency in cash management software, accounting systems, and other relevant technology tools.
  • Understanding of federal, state, and local regulations related to cash management and revenue cycle management.

Employment Type: Full Time, Permanent

Read full job description

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What people at Ventra Health are saying

What Ventra Health employees are saying about work life

based on 28 employees
83%
43%
62%
62%
Strict timing
Monday to Friday
Within city
Day Shift
View more insights

Ventra Health Benefits

Free Transport
Child care
Gymnasium
Cafeteria
Work From Home
Free Food +6 more
View more benefits

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