Business Office Coordinator

Talentify; Fordyce (AR); On-site; USD 40,000 - 55,000; Full time

Job summary

MILARK is seeking a detail-oriented Insurance Verification and Billing Specialist to ensure accurate documentation, benefit verification and timely collections.

You will audit admission packets, counsel patients on financial obligations, manage charity/adjustment paperwork, and maintain logs for upfront collections and adjustments.

Three plus years in Commercial Insurance and Medicare/Medicaid are required, along with a high school diploma and strong data interpretation skills.

Qualifications

• High school diploma or equivalent required.
• Three or more years' experience in related field required.
• Extensive knowledge and understanding of Commercial Insurance and Medicare/Medicaid required.

Responsibilities

• Audit admission packets and verify benefits and patient demographics in the accounting system.
• Provide financial counseling to patients/guarantors and collect out-of-pocket costs.
• Prepare financial disclosure paperwork for assistance requests, verify income/expenses.

Skills

Financial counseling

Auditing

Data interpretation

Patient interaction

Education

High school diploma or equivalent

Three+ years experience in related field

Tools

Patient accounting system

Job description

Overview

PURPOSE STATEMENT:

Responsible for accurate, timely and complete documentation regarding insurance verification, billing and collections.

Responsibilities

ESSENTIAL FUNCTIONS:

• Responsible for auditing the admission packets and for the verification of benefits along with all patient demographic information in the patient accounting system.
• Financial counseling of patients and/or guarantors and collecting any out of pocket (deductibles, copays, exhausted days, etc). Provide information to the patient and/or guarantors regarding their benefits and financial obligations.
• Complete financial disclosure paperwork for patients that request assistance including verifying income and expenses.
• Complete adjustment forms for any charity or administrative adjustments for approval.
• Complete promissory notes for patients that request payment arrangements.
• Update daily the upfront collection log, charity log, and admin adjustment log. Review with BOD on a weekly basis.
• Gather and interpret data from system and understands appropriate course of action to take and initiates time-sensitive and strategic steps resulting in payment.

OTHER FUNCTIONS:

• Perform other functions and tasks as assigned.

Qualifications

EDUCATION/EXPERIENCE/SKILL REQUIREMENTS:

• High school diploma or equivalent required.
• Three or more years' experience in related field required.
• Extensive knowledge and understanding of Commercial Insurance and Medicare/Medicaid required.

LICENSES/DESIGNATIONS/CERTIFICATIONS:

• Not applicable

We are committed to providing equal employment opportunities to all applicants for employment regardless of an individual’s characteristics protected by applicable state, federal and local laws.

MILARK