Rashmi Patel
Sugar Land,TX
Summary
Seasoned Entrepreneur with a solid background in business management, operational planning and revenue generation. Hardworking, dedicated and resourceful leader with many years in Business Development. Ready to leverage experience and drive to pursue new professional challenges.
Specialties:
- Organizational Vision and Growth
- Service innovation around care delivery models or performance improvement services
- Product commercialization and portfolio/product management
- Market strategy and segmentation analysis
- Generic Pharmaceuticals market dynamics and cost analysis
- Sourcing strategy and cost optimization
- Healthcare IT and social communities (Interest)
Overview
7
7
years of professional experience
Work History
Entrepreneur CFO
Republic Roots Juice & Coffee
Sugarland, TX
11.2015 - 01.2021
- Republic Roots was started by my brother and I, a premier juice and coffee bar. Independently owned and operated since opening our doors in 2015. We were fortunate enough to open 3 locations. Having a childhood where we were exposed to healthy living, we wanted to share our passion with the community that offered a health- minded, upbeat environment where our Gen Z staff had a place to enhance social skills.
- We averaged 300K every year in Revenue.
- Sourced initial funding to get business up and running while planning initial structure and making strategic first hires.
- Implemented process improvement to shape organizational culture, optimize procedures for higher efficiency and help company evolve and grow.
- Performed statistical analyses to gather data for operational and forecast team needs.
- Determined business plan, mission statement and vision.
Directior of Revenue Management
Global Healthcare Alliance
Houston, TX
11.2014 - 09.2015
- Analyzed denials or partial payments and worked with involved parties to investigate claims and facilitate timely compensation.
- Completed month-end close reports, payment adjustments and transfers.
- Reviewed weekly reports and performed administrative changes to accounts.
- Direct execution, development, and coordination of administrative functions. Develop and administer policies, supporting manning, training, and implementation
- Complied with established internal controls and policies.
- Performed routine closings, maintained clean, accurate and accessible records and kept close eye on transaction updates throughout each quarter.
- Performed spending analysis and partnerships to refine policies and develop recommendations for improvement.
Physician Revenue Cycle Manager
Texas Children Hospital
Houston, TX
03.2014 - 09.2014
- Identified discrepancies between budgetary targets and actual revenue and expenses.
- Completed financial reporting and analysis for billing revenue cycle.
- Monitored and guided revenue cycle operations.
- Supported clinical team members with revenue cycle procedures and addressed issues.
- Practice physician advocacy for Baylor Obstetricians, Gynecologists, surgeons, oncologists, and geneticists through the optimization of physician
revenue cycle processes. Ensuring compliance with regulations, and searching for potential revenue enhancement by interacting with our top private practices, including Baylor OB/GYN, the women's specialists of Houston, and Partners in OB/GYN care.
- Serve as the bridge between the provider primarily in the areas of charge capture, Legislative implementations, and a plethora of reporting needs from overall department activity to specific drilled down variables.
- The top priority as a PRCM was to effectively know the section’s status in relation to budget at all times and to proactively communicate this information to the Section Chief and other pertinent personnel. Maximizing expert health care at Texas Childrens Hospital- Pavilion for Women.
Consultant- Pharmacy Benefits
CVS/caremark
Dallas , TX
08.2013 - 02.2014
- Explained benefits to plan participants in easy to understand terms in order to educate each on available options.
- Resolved issues and inquiries from plan participants regarding health and welfare benefits and deductions through telephone, email and in-person interactions.
- Directed and controlled 401K, medical, dental and vision benefit packages.
- Analyze Government Claims to improve turnaround time and quality standards, as well as researching client benefit requests/issues and recommend alternative solutions to internal partners in meeting client needs.
- Working with Dual Demo (MMP) Health plans to meet the compliance needs at a state, federal government, and the health providers.
- Used critical thinking to break down problems, evaluate solutions and make decisions.
- Led projects and analyzed data to identify opportunities for improvement.
Education
MBA - Healthcare
Rice University
Houston, TX12.2013
Masters in Healthcare Systems Management - Healthcare
Texas Womens University
Dallas12.2013
Skills
- Client Defense
- Policy Development and Enforcement
- Originality and Creativity
- Mathematical Calculation and Reasoning
- Business Leadership
- Administrative Management
- Angel Investing
- Inventory Tracking and Management
- Business Intelligence Data Modeling
- Team Bonding
- Process Development and Streamlining
Affiliations
BAPS Swaminarayan Sanstha
Coordinate advocacy in Washington, D.C. on behalf of BAPS, one of the largest Hindu organizations in the country with 100 mandirs (houses of worship) spread across 32 states and 91 congressional districts. The BAPS government relations team (through the BAPS Office of Public Affairs) partners with diverse groups to advance shared interests on issues relating to charitable giving, immigration, religious freedom and key issues of the day; raises awareness among lawmakers and government officials about Hinduism, the contributions of Hindu Americans to this country, and the Indian American experience in the United States; serves as a resource for local, state, and federal lawmakers to provide insight on domestic policies directly impacting the community; and celebrates festivals and days of cultural and religious importance with our representatives in Washington, D.C. and throughout the country.
Timeline
Entrepreneur CFO
Republic Roots Juice & Coffee
11.2015 - 01.2021
Directior of Revenue Management
Global Healthcare Alliance
11.2014 - 09.2015
Physician Revenue Cycle Manager
Texas Children Hospital
03.2014 - 09.2014
Consultant- Pharmacy Benefits
CVS/caremark
08.2013 - 02.2014
MBA - Healthcare
Rice University
Masters in Healthcare Systems Management - Healthcare
Texas Womens University
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