Financial Coordinator

American Addiction Centers • Charlotte, NC

3d • $23 - $34 • Onsite

About The Position

The Financial Coordinator is responsible for coordinating and managing the billing and collection functions for all payor types. This role involves notifying physician offices of contract periods, identifying and monitoring accounts, determining correct reimbursement, bundling bills for submittal to insurance companies, rebilling claims as necessary, following up on claim status, performing regular account maintenance, and collecting and distributing payments appropriately. Additionally, the Financial Coordinator researches insurance benefits, options, and potential patient financial needs, discussing findings with patients and their families. They develop financial plans with patients and their families, working to resolve potential out-of-pocket exposure and helping them plan and overcome financial obstacles. The role also includes obtaining all necessary payer authorizations, verifying and monitoring coverage and other medical benefits, and acquiring necessary referrals and authorizations, ensuring all payor approvals are current at all times.

Requirements

• Bachelor's Degree in Accounting, Finance or related field or 5 years of insurance related experience required.
• Must be able to work independently.
• Possess strong organizational, time management and interpersonal skills.
• Must be able to prepare and analyze financial reports.
• Must be proficient with medical terminology.
• Must be familiar with clinical considerations as these relate to transplant cases.
• Extensive analytical skills and focus on details.
• Excellent written and oral communication skills required.
• Microsoft Excel, Word, STAR and IDX experience required.

Nice To Haves

• 1 to 2 years of reimbursement experience in a hospital setting is preferred.
• Databases, hospital registration, billing and clinical systems preferred.

Responsibilities

• Coordinates and manages the billing and collection functions for all payor types.
• Notifies physician offices of contract periods, identifies and monitors accounts, determines correct reimbursement, bundles all bills for submittal to insurance companies, rebills claims as necessary, followings up on claim status, performs regular account maintenance, collects and distributes payments appropriately.
• Researches insurance benefits, options and potential patient financial needs and discusses findings with patients and their families.
• Develops a financial plan with patients and their families.
• Works with patients and develops resolutions to potential patient financial out-of-pocket exposure and helps them plan and overcome these obstacles.
• Obtains all necessary payer authorizations.
• Verifies and monitors coverage and other medical benefits and acquires necessary referrals and authorizations.
• Ensures that all payor approvals are current at all times.

Benefits

• Comprehensive suite of Total Rewards: benefits and well-being programs
• Competitive compensation
• Generous retirement offerings
• Programs that invest in your career development
• Base compensation listed within the listed pay range based on factors such as qualifications, skills, relevant experience, and/or training
• Premium pay such as shift, on call, and more based on a teammate's job
• Incentive pay for select positions
• Opportunity for annual increases based on performance
• Paid Time Off programs
• Health and welfare benefits such as medical, dental, vision, life, and Short- and Long-Term Disability
• Flexible Spending Accounts for eligible health care and dependent care expenses
• Family benefits such as adoption assistance and paid parental leave
• Defined contribution retirement plans with employer match and other financial wellness programs
• Educational Assistance Program

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level