Babita Chauhan

AR ANALYST

Iinsurance Solution

07.2019 - 03.2020

Dedicated and detail-oriented RCM (Revenue Cycle Management) Quality Analyst with 1 to 2 years of experience in healthcare administration
Streamlined invoicing processes through the implementation of electronic billing software, reducing manual input errors.
Proficient in analyzing, auditing, and improving revenue cycle processes to ensure accuracy and compliance with regulatory standards
Seeking to leverage expertise in quality assurance and data analysis to contribute to the efficiency and effectiveness of healthcare revenue operations.
Maintained an organized filing system for all documentation related to AR transactions, enhancing audit readiness and record retrieval efficiency.
Optimized collection efforts by developing comprehensive aging reports that prioritized high-risk accounts.
Ensured compliance with relevant regulations by conducting periodic internal audits of AR processes and controls.
Coordinated with the credit department to evaluate new client creditworthiness and establish appropriate credit limits based on risk assessment criteria.
Collaborated with cross-functional teams for accurate revenue recognition and efficient dispute resolution.
Standardized AR reporting formats across business units for better comparability of results during performance reviews.
Automated routine tasks using Excel macros or other tools, increasing productivity levels within the AR team significantly.
Improved cash flow by analyzing and resolving outstanding account receivable balances.
Prepared detailed analyses of key performance indicators to support management''s decision-making process related to collections strategies and credit policies.
Participated in regular AR training sessions, staying up-to-date on industry best practices and emerging trends.
Provided guidance and support to junior members of the AR team, fostering a collaborative environment that facilitated individual growth and team success.
Facilitated prompt payments from customers by developing clear communication channels, addressing inquiries, and providing documentation as needed.
Conducted thorough research to resolve billing disputes, maintaining positive customer relationships and ensuring timely payments.
Contributed to the development of new collection policies and procedures as part of continuous improvement initiatives within the AR department.
Assisted in streamlining month-end closing procedures, resulting in a more efficient process and improved financial reporting accuracy.
Identified, recommended and executed opportunities to enhance accounts receivable and billing processes to meet finance requirements.
Analyzed aging reports to identify trends and patterns causing missed collections.
Leveraged accounting and finance experiences and expertise to identify, propose and implement automated solutions and reduce manual processes.
Handled day-to-day accounting processes to drive financial accuracy.
Implemented new accounting processes to decrease spending and work flow downtime.
Managed complex problem-solving for upper management in order to complete projects on-time and within budget.