Patient Financial Advisor (LSU Perkins)

FMOL Health; Baton Rouge (LA); On-site; USD 45,000 - 60,000; Full time

Job summary

FMOL Health is seeking a Patient Financial Advisor in Baton Rouge, Louisiana. The role involves screening uninsured patients for Medicaid and assisting them with financial applications. Successful candidates will demonstrate excellent customer service and critical thinking skills while managing various responsibilities independently.

Applicants are expected to have a Bachelor’s Degree and at least one year of relevant experience in patient financial services or related fields.

Qualifications

• 1 year of experience in patient financial services, insurance, customer service or billing/patient accounts.
• Ability to work independently and manage case loads with minimal oversight.

Responsibilities

• Screens uninsured patients for Medicaid and financial assistance.
• Educates, screens, and assists patients to enroll in funding programs.
• Analyzes patient financial condition and documents interactions.
• Maintains records of all patients applying for financial assistance.

Skills

Customer service skills

Critical thinking skills

Knowledge of medical insurances

Interpersonal skills

Education

Bachelor's Degree

Job description

Job Description

The Patient Financial Advisor screens uninsured patients for Medicaid and financial assistance; assist patients in completing Medicaid and financial assistance applications; manages the Medicaid eligibility/application process; collects patient responsibility for unscheduled insured inpatients and observation patients; and utilizes critical thinking skills to determine the most appropriate resources available to assist patients in need. The Patient Financial Advisor will have knowledge of all aspects of the department process from the registration process through billing. The Patient Financial Advisor will have knowledge of medical insurances and collections and will assist in resolving issues regarding a patient's ability to pay for services. The Patient Financial Advisor reviews available funding sources for which the patient qualifies. The Patient Financial Advisor researches patients' account questions and explains payments that have been made on their accounts. The Patient Financial Advisor is expected to work independently, manage his/her case load, and require minimal oversight.

Responsibilities

• Customer Service
  • Educates, screens, and assists patients who do not have valid insurance coverage to enroll in third-party eligibility programs. Interviews qualified patients for potential funding sources, which may include Medicaid, financial assistance programs (FAP), and/or alternative funding sources. Performs all associated functions timely and accurately.
  • Educates patient during interview on applicable policies such as point-of-service collection, payment options, and financial assistance. Performs follow up with patient and the Division of Medicaid to ensure appropriate completion of applications and submission of all required documentation. Stays informed on applicable statues, regulations, and Office of Compliance policies that affect assigned tasks.
  • Submits Medicaid applications timely and accurately.
  • Meets with patients who present as self-pay to obtain valid insurance coverage, if applicable, and/or review prior account information to obtain insurance coverage. Notifies departments of information and updates patient accounts.
  • Consistently interacts with sensitivity to patients/their families and is responsive to individual needs. Exhibits excellent customer service and communications skills, with the ability to effectively calm patients and be able to deal with distressed and/or agitated patients and their families.
  • Serves as support to patients and their family members to assure customers have access to all available funding.
• Critical Thinking
  • Analyzes patient financial condition based on interview and inputs into financial counseling system. Documents all calls, correspondence, and related activities to each patient's account in the correct place using appropriate tools and language. Updates patient accounting information systems.
  • Responsible for calculating patient out-of-pocket amounts due and collecting on those amounts for unscheduled inpatient and observation admits having insurance coverage. Utilizes effective critical thinking skills and professional approach when handling these collections situations.
  • Maintain complete records of all patients applying for indigent or financial assistance to include the application, proof of income, the acceptance/denial letter, and any other applicable documentation.
  • Verifies and assures all accounts are ready for routing for approval for charity or billing with adequate supporting documentation within the established time frames.
  • Demonstrates ability to work independently, be attentive to detail, and ensure work is completed timely and accurately. Works in self-directed manner and requires minimal supervision.
  • Demonstrates ability to manage multiple and simultaneous responsibilities and to prioritize duties/tasks.
  • Identifies trends that may indicate problem areas and alerts Supervisor/Manager/Director of such. Plays key role in initiating solutions.
• Interpersonal Relations
  • Work closely with Case Management (UR) on a daily basis in regard to notification of active Medicaid coverage, authorizations, and changes to Healthy Louisiana Plans; obtains needed authorization and forwards to Utilization Management when received.
  • Maintains daily contact with Utilization Management, Business Office, patient Registration, Medical Records, Ancillary departments, various third-party agencies, HMO/PPOs, patients, patient families, physician offices and other outside entities.
  • Actively participates in and encourages other to utilize creative and innovative approaches to accomplish tasks.
• Other Duties as Assigned
  • Performs other duties as assigned.

Qualifications

Education: Bachelor's Degree

Experience: 1 year of experience in patient financial services, insurance, customer service or billing/patient accounts