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Financial Counselor (2526)

US Heart & VascularHouston, TX
Onsite

About The Position

US Heart and Vascular is needing a Financial Counselor to join our team at Orion Medical in Houston, TX. This role serves as the point of contact for all financial responsibility and assistance related questions from patients prior to the service being rendered. The Financial Counselor will efficiently and accurately verify and analyze benefits eligibility and coverage using available tools, determine patients’ financial and insurance status to calculate a good faith estimate based on scheduled services, and educate patients about their financial responsibility before services via phone, email, text, portal messages, or other approved modes of communication. The role also involves performing pre-service collections, screening self-pay and underinsured patients to identify their ability to pay and implement affordable payment plan agreements, assessing the current financial situation of patients through the verification of patient insurance benefits, and initiating the financial screening process as appropriate to evaluate eligibility for assistance programs. Additionally, the Financial Counselor will set up patients with payment plans in the practice management system, perform accurate and timely documentation in the EMR billing system, maintain or exceed baseline productivity standards, and ensure compliance with all regulatory requirements and/or guidelines including OSHA, HIPAA, and Federal Fraud and Abuse laws. Other duties as assigned.

Requirements

  • High School Diploma or GED from accredited institution.
  • One (1) year of experience in the same role, or related field in a healthcare setting
  • Familiarity with medical office procedures and billing practices
  • Proficient in clinical documentation review for alignment with insurance authorization requirements
  • Knowledge of federal, state, and local laws, statutes, regulations, codes, and standards related to the area of responsibility.
  • Knowledge of the principles, concepts, and theories relevant to the assigned functional area.
  • Skill in completing assignments accurately and with attention to detail.
  • Ability to communicate clearly and concisely both orally and in writing in English, to various audiences.
  • Ability to manage time, organize work, set priorities, meet deadlines, and follow up on work assignments with minimal supervision.
  • Ability to work independently, and as a team, to complete daily activities according to the work schedule.
  • Working knowledge of Office 365 programs such as Excel, Outlook, Word, PowerPoint, etc.

Responsibilities

  • Serves as the point of contact for all financial responsibility and assistance related questions from patients prior to the service being rendered.
  • Efficiently and accurately verifies and analyzes the benefits of eligibility and coverage using available tools.
  • Determines patients’ financial and insurance status to calculate a good faith estimate based on scheduled services.
  • Educates patients about their financial responsibility before services via phone, email, text, portal messages, or other approved modes of communication.
  • Performs pre-service collections via phone, portal, or in person.
  • Screens self-pay and underinsured patients to identify their ability to pay and implement affordable payment plan agreements for scheduled or prior services rendered.
  • Assesses the current financial situation of patients through the verification of patient insurance benefits; serving as the technical expert in confirming patients' benefit coverage.
  • Initiates the financial screening process as appropriate to evaluate eligibility for assistance programs.
  • Sets up patients with payment plans in practice management system as appropriate.
  • Performs accurate and timely documentation of applicable activities in the EMR billing system.
  • Maintains or exceeds baseline productivity standards established by RCM Shared Services within 90 days of employment and onwards.
  • Is responsible for compliance with all regulatory requirements and/or guidelines. These requirements/guidelines include, but are not limited to: OSHA, HIPAA, Federal Fraud, and Abuse laws.
  • Performs other duties as assigned.

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