Financial Care Counselor

5 days ago


Durham, North Carolina, United States Duke University Full time
About the Role

Duke University Health System is seeking a skilled Financial Care Counselor to join our Patient Revenue Management Organization. As a key member of our team, you will play a vital role in ensuring the accurate and efficient processing of patient accounts.

Key Responsibilities
  • Analyze insurance coverage and benefits to ensure timely payment.
  • Obtain authorizations based on insurance plan contracts and guidelines.
  • Document billing system and explain bills to patients.
  • Explain policies and departmental coverage as requested.
  • Calculate and apply PRMO credit and collection policies.
  • Implement appropriate cash payments for all patients.
  • Reconcile daily necessity of third-party sponsorship and process patients in accordance with reimbursement.
  • Obtain all Prior Authorization Certification and/or authorizations as appropriate.
  • Facilitate payment sources for uninsured patients.
  • Determine if patient's condition is the result of an accident and perform complete research to determine the appropriate source of liability/payment.
  • Admit, register, and pre-register patients with accurate patient demographic and financial data.
  • Resolve insurance claim rejections/denials and remedy expediently.
  • Evaluate diagnoses to ensure compliance with the Local Medicare Review Policy.
  • Perform those duties necessary to ensure all accounts are processed accurately and efficiently.
  • Compile departmental statistics for budgetary and reporting purposes.
  • Collection actions and assist financially responsible persons in arranging payment.
  • Make referral for financial counseling.
  • Determine with policy and procedure.
  • Examine insurance policies and other third-party sponsorship materials for sources of payment.
  • Inform attending physician of patient financial hardship.
  • Complete the managed care waiver form for patients considered out of network and receiving services at a reduced benefit level.
  • Update the billing system to reflect the insurance status of the patient.
  • Refer patients to the Manufacturer Drug program as needed for medications.
  • Greet and procedures, and resolves problems.
  • Gathers necessary documentation to support proper handling of inquiries and complaints.
  • Assist with according to policy and procedure.
  • Enter and update referrals as required.
  • Communicate with insurance carriers regarding clinical information requested and to resolve issues relating to coverage.
Requirements
  • Excellent communication skills, oral and written.
  • Ability to analyze relationships with patients, physicians, co-workers, and supervisors.
  • Must be able to develop and maintain professional, service-oriented working relationships.
  • Must be able to understand and comply with policies and procedures.
Level Characteristics
  • Position responsible for high production generated accurately in accordance with established business processes or regulation.
  • Requires working knowledge of compliance principles.
  • Job allows the opportunity to work independently.


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