Financial Coordinator

at Rush University Medical Center in Chicago, Illinois, United States

Job Description

Job Description

Location: Chicago, IL

Hospital: RUSH University Medical Center

Department: Bone Marrow Transplant

Work Type: Full Time (Total FTE between 0.9 and 1.0)

Shift: Shift 1

Work Schedule: 8 Hr (8:00:00 AM – 4:30:00 PM)

Summary:

The Financial Coordinator position is responsible for providing financial counseling duties to assist patients in understanding their benefits and out of pocket costs. These activities include but are not limited to: providing an estimate for services, developing a payment plan, accepting and posting a patient’s payment, providing insurance-related information (in-network, contractual information), and processing Financial Assistance applications. He/she provides excellent customer service to patients and their families. The individual who holds this position exemplifies the Rush mission, vision, and values and acts in accordance with Rush policies and procedures.

The Financial Coordinator position is responsible for providing financial counseling duties to assist patients in understanding their benefits and out of pocket costs. These activities include but are not limited to: providing an estimate for services, developing a payment plan, accepting and posting a patient’s payment, providing insurance-related information (in-network, contractual information), and processing Financial Assistance applications. He/she provides excellent customer service to patients and their families. The individual who holds this position exemplifies the Rush mission, vision, and values and acts in accordance with Rush policies and procedures.

Responsibilities:

- Calculates an estimated patient cost and out of pocket, responsibility, and answers questions regarding patients financial responsibility.

- Accurately documents stages and or issues surrounding the applications that are in process in Epic.

- Administers financial assistance applications in compliance with the department Financial Assistance Program. Accurately makes payment arrangements with patients and supplies supportive documentation.

- Accurately documents all payment arrangements and issues appropriate letters of agreement.

- Accurately accepts and applies payments according to policy and procedures.

- Utilizes all resources available to obtain clinical information in a timely manner that is required to obtain authorization.

- Functions as a liaison for the Finance Department to obtain all required documents needed for billing transplant services as episodic cases or global cases.

- Creates and maintains various reports.

- Identifies benefit limitations and assist patient/responsible parties with financial arrangements for the patient portion of the bill.

- Obtains and disseminates contractual network details for both the facility and physician services.

- Performs financial counseling for self-pay population and assists them on programs offered by the medical center. Refers appropriate patient population to public aid consultant.

+ Calculates an estimated patient cost and out of pocket, responsibility, and answers questions regarding patients financial responsibility.

+ Accurately documents stages and or issues surrounding the applications that are in process in Epic.

+ Administers financial assistance applications in compliance with the department Financial Assistance Program.Accurately makes payment arrangements with patients and supplies supportive documentation.

+ Accurately documents all payment arrangements and issues appropriate letters of agreement.

+ Accurately accepts and applies payments according to policy and procedures.

+ Utilizes all resources available to obtain clinical information in a timely manner that is required to obtain authorization.

+ Functions as a liaison for the Finance Department to obtain all required documents needed for billing transplant services as episodic cases or global cases.

+ Creates and maintains various reports.

+ Identifies benefit limitations and assist patient/responsible parties with financial arrangements for the patient portion of the bill.

+ Obtains and disseminates contractual network details for both the facility and physician services.

+ Performs financial counseling for self-pay population and assists them on programs offered by the medical center.Refers appropriate patient population to public aid consultant.

Other information:

Required Job Qualifications:

- High school diploma/GED required.

- Basic knowledge of medical terminology.

- Possesses a basic understanding of insurance plans (benefits) and contracts (in/out network).

- Understands basic concepts as they pertain to registration and insurance.

- Proficiency with the Microsoft Office Suite.

- Excellent interpersonal skills with the ability to work effectively on an interdisciplinary team.

- Working knowledge of creating and maintaining spreadsheet-based reports is a requirement.

Preferred Job Qualifications:

- Two years of relevant experience required. Previous experience in a medical healthcare environment as a Patient Access Coordinator, Biller/Collector, or Financial Counselor strongly preferred.

- Bilingual proficiency preferred.

Required Job Qualifications:

+ High school diploma/GED required.

+ Basic knowledge of medical terminology.

+ Possesses a basic understanding of insurance plans (benefits) and contracts (in/out network).

+ Understands basic concepts as they pertain to registration and insurance.

+ Proficiency with the Microsoft Office Suite.

+ Excellent interpersonal skills with the ability to work effectively on an interdisciplinary team.

+ Working knowledge of creating and maintaining spreadsheet-based reports is a requirement.

Preferred Job Qualifications:

+ Two years of relevant experience required.Previous experience in a medical healthcare environment as a Patient Access Coordinator, Biller/Collector, or Financial Counselor strongly preferred.

+ Bilingual proficiency preferred.

Rush is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

Position Financial Coordinator

Location US:IL:Chicago

Req ID 7118