In addition, the present paper further proposes a novel scoring mechanism: Radiological Finding Quality Index (RFQI) that considers the exact radiological finding, localization, size/severity for each such term present in the report. The AI-based labeler has been tested on an inhouse curated dataset for 5 categories and against the state-of-the-art CheXpert Labeler - i.e., Cardiomegaly (CM), Edema (ED), Consolidation (CD), Atelectasis (AT), and Pleural Effusion (PE). In comparison to the CheXpert labeler - (CM: 45794), (ED: 9272), (CD: 17891), (AT: 6095), and (PE: 24669), the proposed solution was able to detect (CM: 52843), (ED: 12532), (CD: 21742), (AT: 9643), and (PE: 30253) positive reports.