University of Rochester

University of Rochester logo

Job Information

University of Rochester Financial Counselor - 216483 in Rochester, New York

Financial Counselor

Job ID

216483

Location

Strong Memorial Hospital

Full/Part Time

Full-Time

Favorite Job

Regular/Temporary

Regular

Opening

Full Time 40 hours Grade 000 Dept Desc

Responsibilities

Position Summary:

The Financial Counselors assesses all aspects of patient financial account management for all visits on any urgent; emergent; preadmission; and ambulatory level. The Financial Counselors are accountable for coordinating all activities necessary to financially secure the defined case load through the verification process; requesting deposits for non-covered services and co-pays; resolving complex problems that include but not limited to pre-certifications; Utilization Management; coordination of benefits; baby not on policy; Cobra entitlement; Medicare Life Time Reserve days; and Medicare Advantage issues. Involves in-depth communication; collaboration; and follow-up with patients; families; third-party payers; governmental agencies; employers; social work; financial case management; and utilization management. The Financial Counselors are ultimately responsible for minimizing any delays from admission until the final bill is produced.

Responsibilities:

Customer Interactions

Creates a professional and effective customer oriented environment by utilizing excellent communication skills to obtain pertinent demographic information; confirms insurance information; discusses financial obligation; confirms with unit secretary patient agreement signature on file; documents demographic and insurance information in a timely, accurate manner in the hospital computer system following department and hospital standards.

Financial Management

  • Reviews each visit for insurance history by utilizing the hospital system along with all third party payer systems.

  • Obtains benefits; pre-certification requirements and/or completes notification of admissions.

  • Identifies and confirms self-pay patients for appropriate referral to Financial Case Management for possible Medicaid application and /or Financial Assistance.

  • Notifies and monitors parents for completion of paperwork when babies are not on the policy.

  • Notifies and monitors patients COBRA entitlement and assist with paperwork if necessary.

  • Identifies pre-existing conditions during the insurance verification process for lapse or creditable coverage.

  • Determines the primary payer through knowledge of Medicare and other payer regulations for the coordination of benefits.

  • Notifies Utilization Management of clinical requests by third party payers.

  • Maintains a monitoring system for adequate benefit coverage and eligibility throughout the inpatient stay.

  • Accountable for meeting department standards for completion and QA of visits on a day to day bases by making sure missing registration items are complete and authorization obtained.

Quality

  • Consistently monitors current admissions to ensure eligibility and additional clinical requirements.

  • Notifications of admission to third party payers are within the 24-48 hour guideline.

  • Observes discharged workqueue daily for potential cases that may require notification to insurance companies.

  • Ensures Medicare compliance with the Office of the Inspector General guidelines by notifying patients of exhausted Medicare benefits and the option of utilizing their lifetime reserve days.

  • Monitors the ALC report for any level of care changes and ensure there is coverage.

  • Reviews Medicare for MSP questions and validation.

  • Checks Medicaid eligibility every 30 days for active coverage.

  • Attends educational programs for the department at the Manager's direction.

  • May train or perform other duties assigned by management.

Qualifications:

AAS in related discipline (admitting/registration/patient billing/insurance) with 3 years of related experience, preferably in a hospital setting, or an equivalent combination of education and experience. Require high degree of professionalism and motivation with excellent communication and customer service skills; strong computer skills and ability to type 25 words per minute. Prefer medical terminology. Flexible to work weekends, other assigned hours and/or responsibilities as needed.

How To Apply

All applicants must apply online.

EOE Minorities/Females/Protected Veterans/Disabled

DirectEmployers