Financial Counselor

Lifepoint Health®; Dublin (OH); On-site; USD 36,000 - 56,000; Full time

Job summary

Lifepoint Health is seeking a Financial Counselor to manage patient accounts and counsel on admitting and discharging processes and payment options. The role handles confidential financial information with care and accuracy.

The candidate should have a high school diploma, strong customer service and software skills, and experience in medical office billing or similar environments. Hospital experience preferred.

Qualifications

• Counsels patients to establish payment methods and options.
• Checks eligibility and collects financial information before admission.
• Interprets insurance and estimates self-pay portions.
• Maintains confidentiality of financial records.

Responsibilities

• Counsels patients to establish payment method across admission or discharge processes.
• Obtains missing admission information and patient signatures prior to admission.
• Informs patients of their self-pay obligations and collects payments.
• Prepares deposits and maintains cash drawer and daily reports.

Skills

Customer service

Telephone skills

Proficient in software programs

Education

High school diploma

Advanced education preferred

Tools

Paragon system

Job description

Job Summary

A Financial Counselor maintains, and processes all assigned patient accounts and counsels patients regarding the admitting and discharging processes and payment alternatives. Work is of a confidential nature.

Job Summary

A Financial Counselor maintains, and processes all assigned patient accounts and counsels patients regarding the admitting and discharging processes and payment alternatives. Work is of a confidential nature.

Job Requirements

Minimum Education

High school diploma required; advanced education preferred.

Proficient in use of software programs.

Excellent customer service and telephone skills a must.

Minimum of one year of business or related experience including bookkeeping with use of calculating equipment and collection of monies is required.

Hospital Or Medical Business Office Experience Preferred.

Medical terminology preferred.

Essential Functions

Counsels patients (or responsible parties) to establish payment method.

Contacts patients, in advance of admission, to obtain missing information, particularly patient's signature for accepting obligation to pay.

Estimates and informs patient of portion of bill which must be paid directly.

Establishes a payment for patients unable to pay the estimated portion of bill upon discharge. Identifies and reports to manager patients with whom payment difficulties arose in the past.

Ensures completeness of pre-admission and admission information, following through as needed, to obtain and document missing information/signatures prior to patient's admission date.

Checks for, and identifies patients with histories of payment problems, and informs supervisor of any found, prior to patient's admission date.

Accurately interprets insurance policy provisions and calculates self-pay portion of patient's bill based on expected length of stay and services rendered, so that final accounting of self-pay amount is within a reasonable variance from estimate.

Patiently, clearly, and accurately advises patient of self-pay obligations and estimate and ensures that patient signs acceptance of such obligation on the designated forms.

Collects self-pay monies in advance, upon entry, or at discharge according to circumstances. In cases where patient is unable to pay self-pay portion due upon discharge, ensures that a mutually agreed upon payment agreement is documented and signed by all parties, in compliance with established guidelines and procedures.

Selects and applies appropriate communications based on the age of the patient/customer.

Maintains knowledge of regulatory and compliance requirements related to state and federal agencies such as Medicare, Medicaid, Tricare, Veterans Administration and other demonstrates this knowledge by the accurately obtaining information and updating records to remain in compliance.

Collects and Controls cash receipts.

Collects patient deductible, co-pays and non-covered patient charge amounts.

Maintains and balances cash drawer.

Prepares daily cash report and submits to Cashier with collected monies and copies of Relay

Account Report/Daily Deposit Reconciliation.

Determines the appropriate amount due from the patient through eligibility and insurance verification, by evidence of the insurance card, or in the event of no insurance, follow Self-pay processes/policies.

Maintains control over cash payments, so that receipts balance to cash drawer.

Accurately prepares deposit documentation and delivers deposits.

Operates and maintains assigned equipment and maintains work area.

Ensures that no damage or undue wear and tear occurs to assigned equipment due to failure to operate or maintain it in accordance with specifications.

Has demonstrated adequate knowledge and proficiency in using the patient financial services accounts receivables system (Paragon) and other supporting software.

Lifepoint Health is a leader in community-based care and driven by a mission of Making Communities Healthier. Our diversified healthcare delivery network spans 29 states and includes 63 community hospital campuses, 32 rehabilitation and behavioral health hospitals, and more than 170 additional sites of care across the healthcare continuum, such as acute rehabilitation units, outpatient centers and post-acute care facilities. We believe that success is achieved through talented people. We want to create places where employees want to work, with opportunities to pursue meaningful and satisfying careers that truly make a difference in communities across the country.