To ensure the hospital's budgetary management system and related financial procedures are robust, efficient, and aligned with the short-, mid-, and long-term strategic objectives of the organization. This includes oversight and management of the TPA team to ensure financial integrity, compliance, and optimal performance in third-party operations.
Collaborate with senior management to design and implement a comprehensive budgetary management system across all hospital departments.
Responsible for maintenance and periodic price revision for all hospital services including consumables considering the price comparisons and trends with other hospitals in the vicinity.
Lead the execution of approved budgeting frameworks, ensuring timely roll-out and adherence to financial policies.
Establish and maintain a capital expenditure budgeting and analysis system to support strategic investments and infrastructure planning.
Performance Monitoring & Reporting
Publish regular, responsibility-centred performance reports that enable action-oriented reviews and decision-making.
Identify and analyse variances between actual and budgeted figures, recommending corrective actions where necessary.
Provide a structured framework for ongoing financial analysis by responsibility centre, ensuring transparency and accountability.
Financial Analysis & Support
Analyse hospital-wide financial data including revenues, expenditures, and cash flow to ensure operations remain within budget.
Assist hospital management in preparing financial packages for medical cases, including cost estimates and insurance documentation.
Support financial accounting processes as needed, including reconciliations and ledger reviews.
Credit Oversight
Monitor and report on credit management activities, ensuring timely collections and minimizing financial risk.
TPA Team Leadership & Oversight
Oversee the financial operations of the Third Party Administrator (TPA) team, ensuring alignment with hospital policies and regulatory standards.
Monitor TPA-related budgets, claims processing costs, and vendor payments to ensure financial efficiency.
Analyse TPA performance metrics, including claims turnaround time, cost ratios, and service-level compliance.
Serve as the financial liaison for TPA vendors, managing contracts, fee structures, and performance evaluations.
Ensure accurate and timely reporting of TPA financial data, integrating it into hospital-wide financial dashboards and reviews.
Collaborate with clinical, legal, and administrative teams to resolve financial discrepancies and improve TPA workflows.
Systems & Process Improvement
Drive automation and digital transformation in budgeting, reporting, and TPA financial operations.
Ensure data integrity across financial systems and promote continuous improvement in financial processes.
Connect On the below Email id -deputyhr@holyfamilyhospital.in /hr@holyfamilyhospital.in/hrdirector@holyfamilyhospital.in
Job Type: Full-time
Pay: ?65,000.00 - ?70,000.00 per month
Benefits:
Health insurance
Provident Fund
Education:
Bachelor's (Required)
Experience:
relevant: 1 year (Preferred)
Work Location: In person
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