Job Description

Job Title: Team Lead Accounts Receivable (AR) - US Healthcare Company
Location: Hyderabad, Telangana
Company: Harmony United Medsolutions Pvt. Ltd.
About Us:
Harmony United Medsolutions Pvt. Ltd. [HUMS] is a dynamic and innovative company dedicated to revolutionizing the Healthcare Industry. We at HUMS take pride in being a reliable partner for first-rate Medical Billing Solutions. With nine years of experience, we have perfected our end-to-end services in medical billing, A.R. management, and other essential healthcare facets. We provide our services to Harmony United Psychiatric Care, a US-based Healthcare Company. We pride ourselves on our commitment to excellence, creativity, and pushing the boundaries of what's possible. As we continue to grow, we seek a talented candidate to join our team and contribute to our exciting projects.
Position Overview:
The Accounts Receivable (AR) Team Lead is pivotal in the Finance & Accounts department, overseeing and managing the organization's account receivable department that deals with the revenue cycle management (RCM) processes of a US Healthcare Company. This position entails ensuring accuracy, compliance, and efficiency in financial reporting and operations. The Accounts Receivable (AR) Team Lead will handle a team of accounting professionals, drive financial performance, and support the strategic financial goals of the organization.
Responsibilities:

• Ensure timely submission of insurance claims, following up on rejected or denied claims to ensure they are resolved and resubmitted.
• Monitor and reduce claim denial rates by analyzing trends, identifying issues, and implementing corrective actions.
• Oversee the entire revenue cycle process, from the point of patient intake to payment collection.
• Ensure that all payments from insurance companies and patients are accurately posted to the appropriate accounts.
• Monitor outstanding balances and ensure timely collections from both patients and insurance companies.
• Lead and manage the AR team, which includes billing specialists, collection agents, and other personnel.
• Prepare and present financial reports, including aging reports, cash flow analysis, and AR metrics to management.
• Continuously analyze AR processes to identify areas for improvement, such as reducing the time it takes to collect payments or lowering denial rates.
• Ensure the timely collection of payments to improve the organization's cash flow and overall financial health.

Qualifications:

• Candidate must have a Bachelor's degree in any field.
• Candidates should possess a minimum of 5 years of experience in the Account Receivable Department of Revenue Cycle Management (RCM) within a US healthcare organization, with at least 3 years in a leadership or senior position role.
• Excellent problem-solving and communication skills.
• Advanced computer skills in MS Office, accounting software, and databases.

Diversity, Equality, and Inclusion
Diversity, equality, and inclusion are fundamental to our success at HUMS. We actively promote diversity across all aspects of our organization, including but not limited to gender, race, ethnicity, sexual orientation, religion, disability, and age. We strive to foster an inclusive culture where diverse perspectives are embraced and everyone has equal opportunities to grow, contribute, and succeed.
Benefits:

• Competitive salary (including EPF and PS)
• Health insurance
• Four days' work-week (Monday - Thursday)
• Opportunities for career growth and professional development
• Additional benefits like food and cab-drop are available

Please submit your resume and cover letter detailing your relevant experience and why you fit this role perfectly. We look forward to hearing from you!
In case of any queries, please feel to reach out us at recruitment@hupcfl.com
Note: Available to take calls between 4:45 PM to 3:45 AM IST only from Monday through Thursday.
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