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Financial Services Advisor
2 months ago
Position Overview
Role Summary
The Financial Counselor is responsible for conducting comprehensive financial assessments and ensuring compliance with regulations associated with the admission process and insurance coverage, including Medicare and Medicaid. This role also involves participating in the recovery of outstanding debts.
Key Responsibilities
1. Assess the financial situation and insurance eligibility of prospective residents before their admission.
2. Evaluate financial circumstances and assist in the Medicaid application process, acting as a liaison with Medicaid representatives to ensure all necessary approvals are secured prior to admission.
3. Oversee the ongoing tracking of financial coverage at the facilities.
4. Guarantee the timely distribution of essential documents, including non-coverage letters, discharge notifications, and transfer communications, to uphold regulatory standards and ensure continuous coverage.
Qualifications
A High School Diploma or GED is required; a Bachelor's Degree in a relevant field is preferred. Candidates should possess a solid understanding of financial coverage and regulations in long-term care settings. A minimum of 5 years of experience in long-term care social work, admissions, or financial services is essential. Strong communication skills and a cooperative approach when interacting with customers and colleagues are necessary.