Job Title: Financial Counselor
Location: Remote
Department Name: Patient Financial Services
Req #: 0000209055
Status: Hourly
Shift: Day
Pay Range: $20.14 – $25.47 per hour
Pay Transparency:
The above reflects the anticipated hourly wage range for this position if hired to work in New Jersey.
The compensation offered to the candidate selected for the position will depend on several factors, including the candidate’s educational background, skills and professional experience.
Job Summary:
The Financial Counselor ensures that coverage is financially cleared for all emergency inpatient and observation services by the review of insurance eligibility and benefits. The counselor is also responsible for creating estimates and upfront cash collection as needed. Interacts with all patient related hospital departments, patients, families, visitors, nursing personnel and medical staff. Identifies the appropriate payment source, which may include patient payment and/or referrals for enrollment in government programs including Medicaid and Charity Care. Daily tasks include inpatient and observation patient accounts review, authorization and benefit determination, creating estimates and collecting point of service cash when appropriate. If applicable, providing timely and appropriate referrals for various state medical assistance programs.
Essential Functions:
Take actions that will support maximization of collection of balances due or account resolution from all sources. Meets Quality and Productivity expectations
Facilitate account resolution. Accurately identify, follow-up on, or correct billing errors, lower than expected reimbursement, or denials for correction for submission or resubmission to patients and/or insurance carriers. Accurately perform actions on accounts that will result in the least amount of time and effort to bring an account to resolution based on job specific priority matrix
Timely identify, research, and resolution any issues that may cause delays in payment or account resolution. Identify and recommend opportunities to improve collections and follow-up activities
Work collaboratively across teams, with peers, and revenue cycle departments
Job Requirements:
High School Diploma or GED equivalent required within one (1) year of hire.
Candidates who do not possess a High School Diploma or GED equivalent will be provided the opportunity to enroll in a GED/HSEA program at time of hire as a condition of employment. A hired candidate will be provided one (1) year from date of hire to successfully complete a GED program and obtain their HSEA.
RWJBarnabas Health is committed to our communities and the members we serve. RWJBH understands that in order to create strong, healthy, and sustainable communities, we have to re-engineer and transform current systems. Providing educational support and resources contributes to our overall social impact mission and community investment efforts.
4 years similar hospital billing or accounting experience
Knowledge of Charity Care. Uncompensated Care, and Medicaid guidelines and regulations
Knowledge of medical terminology and insurance verification preferred
Candidate must be detail-oriented
Computer experience required
A minimum of three years insurance authorization/pre-certification experience required.
Knowledge of insurance, insurance verification and TOS collections
Prior experience in hospital admissions preferred.
Ability to communicate effectively.
Bilingual English/Spanish preferred
Preferred:
Preferred experience includes insurance verification, cash collections, and obtaining Notices of Admission (NOA), with knowledge of insurance plans.
Scheduling Requirements:
Full-time
Occasional travel as needed to Monmouth Medical Center/Monmouth Medical Center Southern Campus/Community Medical Center/Hamilton
Remote, Monday through Friday 1p-9p
Rotating every other weekend (1pm-9pm Saturday and Sunday) and rotating holidays required
Other Duties:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
Additional Info:
At RWJBarnabas Health, our employees are at the heart of everything we do. Driven by our Total Wellbeing promise, our market-competitive offerings include comprehensive benefits and resources to support our employees’ physical, emotional, financial, personal, career, and community wellbeing. These benefits and resources include, but are not limited to:
Paid Time Off including Vacation, Holidays, and Sick Time
Retirement Plans
Medical and Prescription Drug Insurance
Dental and Vision Insurance
Disability and Life Insurance
Paid Parental Leave
Tuition Reimbursement
Student Loan Planning Support
Flexible Spending Accounts
Wellness Programs
Voluntary Benefits (e.g., Pet Insurance)
Community and Volunteer Opportunities
Discounts Through our Partners such as NJ Devils, NJ PAC, and Verizon
….and more!
RWJBarnabas Health
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