Summary
Overview
Work History
Education
Skills
Accomplishments
Certification
Timeline
Generic

Deepa Lokare

Hyderabad

Summary

Results-oriented leader with extensive experience in revenue growth and operational efficiency. Demonstrated expertise in P&L management and risk mitigation, implementing pricing strategies that improve market positioning. Focused on driving cultural transformation and delivering superior service in demanding environments, ensuring compliance and high client satisfaction.

Overview

20
20
years of professional experience
1
1
Certification

Work History

General Manager - Business Development, RCM

Apollo Healthaxis Pvt. Ltd.
Hyderabad
02.2025 - Current
  • Established an end-to-end RCM service line (patient intake through collections) and re-engineered pricing to strengthen market competitiveness
  • Created organization-wide policies with HR to embed brand culture and change governance
  • Leading negotiations and a potential US $1M logo, positioning bespoke RCM solutions and value-based pricing
  • Built HIPAA/ISO-compliant control landscape; instituted vendor risk registers and mitigation plans to safeguard data and service levels
  • Defined offshoring scope, drafted MSAs/SOWs and set SLAs & risk plans for all migrated processes

Associate Vice President - Revenue Optimization, Operations

IKS Health Limited
Hyderabad
02.2022 - 11.2024
  • Raised monthly collections 25%, lowered denial rates 15% and shortened AR days 30% by automating billing, payment posting and AR workflows
  • Full P&L accountability for major clients; grew revenue 20% and improved margin 15% through KPI driven performance management
  • Orchestrated two cross-industry RCM transitions (300+ FTE) with 98% client satisfaction scores and 20% faster go-lives
  • Instituted quality scorecards that hit 98% compliance and trimmed re-work 20%
  • Oversaw US$500K monthly invoicing with 100% accuracy, eliminating scope creep and expediting renewals

Associate Director - Service Delivery, Risk & Controls

UBS Business Solutions India Pvt. Ltd.
Hyderabad
07.2017 - 02.2022
  • Directed contract, vendor and risk management for Client Lifecycle Management; improved SLA adherence by 16%
  • Conducted >50+ third-party risk assessments annually, boosting issue detection 30% and cutting repeat findings 20%
  • Negotiated SLA amendments to align with evolving regulatory needs, avoiding service disruption and recovering US $500K from vendors
  • Transitioned multiple processes from onshore to India with zero client impact and enhanced resource utilization 15%

Chief Manager (HUB-In-Charge)

Apollo Munich Insurance Ltd.
Hyderabad
01.2017 - 12.2017

Deputy Manager - RCM Operations

United Health Group
Hyderabad
01.2011 - 12.2016

Team Lead - Client Documentation, Operations

UBS ISC Pvt. Limited
Hyderabad
01.2006 - 12.2011

Associate

HCL, Karvy Global Services
01.2004 - 12.2006

Education

MBA - Finance & Marketing

Osmania University
01.2004

B.Com - computers

Osmania University
01.2002

Skills

  • P&L accountability
  • Established pricing strategies
  • Budget forecasting and planning
  • Risk management and control
  • Compliance oversight with HIPAA and ISO compliance
  • Third-party risk assessment
  • Transition management
  • Change management and automation solutions
  • Contract negotiation and SOW management
  • Client onboarding strategies
  • Strategic operation management
  • Service delivery excellence
  • Quality assurance practices
  • Team leadership (350 FTE)
  • Revenue cycle management
  • Cultural change implementation

Accomplishments

  • Built two end-to-end RCM organizations from scratch, lifting monthly collections by 25% and cutting AR days by 30% within the first year
  • Drove 20% revenue growth and 15% operating cost reduction by owning full P&L and optimizing labor, pricing, and incentives
  • Negotiated contract terms and discount structures that preserved $500K annually and boosted client retention by 10-15%
  • Led 50+ third-party control evaluations per year, with 98% audit-quality scores and zero regulatory findings
  • Designed compliance frameworks that achieved 100% HIPAA/ISO audit pass rates across multi-site operations
  • Managed seamless transitions of onshore functions to India, scaling teams up to 300+ FTEs while improving SLA adherence by 15%
  • Maintained consistent CSAT scores at 98% and NPS scores of 87%

Certification

  • Prince 2 - Agile Foundation and Practitioner - AXELOS

Timeline

General Manager - Business Development, RCM

Apollo Healthaxis Pvt. Ltd.
02.2025 - Current

Associate Vice President - Revenue Optimization, Operations

IKS Health Limited
02.2022 - 11.2024

Associate Director - Service Delivery, Risk & Controls

UBS Business Solutions India Pvt. Ltd.
07.2017 - 02.2022

Chief Manager (HUB-In-Charge)

Apollo Munich Insurance Ltd.
01.2017 - 12.2017

Deputy Manager - RCM Operations

United Health Group
01.2011 - 12.2016

Team Lead - Client Documentation, Operations

UBS ISC Pvt. Limited
01.2006 - 12.2011

Associate

HCL, Karvy Global Services
01.2004 - 12.2006

MBA - Finance & Marketing

Osmania University

B.Com - computers

Osmania University
Deepa Lokare