University of Rochester Financial Counselor - 228217 in Rochester, New York
Financial Counselor Job ID 228217Location Strong Memorial Hospital Full/Part Time Full-Time Favorite Job Regular/Temporary Regular Opening
Full Time 40 hours Grade 009 Financial Counseling&Outpt RegResponsibilities
The Financial Counselors assess 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 are 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.
This role may have the option to work a hybrid-remote schedule and communicate daily through virtual meetings.
SUPERVISION AND DIRECTION EXERCISED:
Responsible for monitoring own performance on assigned tasks. Self-directed and must make complex decisions independently. May train other support staff.
MACHINES AND EQUIPMENT USED:
Standard office equipment, including but not limited to: telephone, page system, pneumatic tube system, personal computer, printer, photo copier, fax, EPIC, Outlook, and third party verification systems.
Customer Interactions - 10%:
Creates a professional and effective customer oriented environment by utilizing excellent communication skills to obtain pertinent demographic information; confirms insurance information; discusses financial obligation; documents demographic and insurance information in a timely, accurate manner in the hospital computer system following department and hospital standards.
Financial Management - 75%:
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 adding newborns onto policy.
Notifies and monitors patients COBRA entitlement and assist with paperwork if necessary.
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 basis by making sure missing registration items are complete and authorization obtained.
Quality Management- 15%:
Consistently monitors current admissions to ensure eligibility and additional clinical requirements.
Notifications of admission to third party payers are within the 24 hour or next business day-guideline.
Observes 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.
Reviews Medicare for MSP questions and validation and ensures other coverage “covered through” field information is entered correctly. Investigates and corrects any discrepancy between MSPQ and patient registration.
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.
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 45 words per minute. Strong ability to multi-task and prioritize. Prefer medical terminology. Flexible to work weekends, other assigned hours and/or responsibilities as needed.
NOTE: This document describes typical duties and responsibilities and is not intended to limit management from assigning other work as required.How To Apply
All applicants must apply online.
EOE Minorities/Females/Protected Veterans/Disabled