Senior Analyst, Healthcare Revenue Receivable Management
I enhanced financial visibility and streamlined cash management by leading the development of comprehensive reporting for Accounts Receivable and Payable, focusing on cash receipts, liabilities, and unclaimed property. To ensure timely application of unapplied cash balances, I implemented automated quarterly processing, which significantly improved efficiency.I enriched the efficiency of our monthly processes by automating unsuccessful reversal procedures and training team members in database management and notification protocols. This not only saved time but also empowered the team to manage processes more effectively. Additionally, I streamlined the monthly Borrowing Base Calculation processes for AR securitization by redesigning procedures and optimizing workflows, making the entire process smoother.My efforts contributed over $600 million to company revenue, accounting for 70% of the total, through the implementation of advanced Accounts Receivable reporting for cash receipts. I also reduced manual workload and increased accuracy by automating the generation and distribution of invoices to third parties. This automation minimized errors and ensured timely payments.Furthermore, I improved the accuracy of financial reporting by developing automated reconciliation procedures for unmatched prescription claims. I also recovered $2 million in aged prescription claim funds by automating the Unclaimed Property process, while ensuring compliance.