Patient Financial Specialist

TITLE:Patient Financial Specialist - Riedman - Remote, Financial Services (Full-Time, Days)

DEPARTMENT:Financial Services

LOCATION:Riedman - Remote

HOURS PER WEEK:40

SCHEDULE:M-F, 8:00 AM - 4:30 PM

SUMMARY:
The Patient Financial Specialist is responsible for the complete patient billing cycle of surgical patients. This includes assisting with out-of-pocket balances, payment plans, and referring for financial aid and insurance enrollment. This role will be a liaison with the estimate, surgical scheduling, and registration departments to assist surgical patients with their financial needs and questions.

RESPONSIBILITIES:

• Assist patients with obtaining acceptable payment methods, including but not limited to required surgical procedure down payments and payment plan arrangements.
• Collaborate with financial aid and insurance enrollment teams for uninsured patients and/or those potentially eligible for financial assistance, ensuring patients are connected with the appropriate teams when needed.
• Work directly with patients, either over the phone or in person, to discuss financial arrangements for medical procedures.
• Act as a liaison between patients, front-end billing, back-end billing, and physician offices when coordinating financial arrangements for future procedures.
• Assist in resolving basic billing questions or concerns, including questions related to procedure estimates.
• Follow up on patient balances after procedures, which may include managing credit balances, issuing refunds, or discussing additional amounts due.
• Monitor delinquent payment plans and work with patients to bring accounts current or replace cards on file that are inactive or declining.
• Liaise with surgical scheduling, estimating, and office management teams to ensure all elements related to patient prepayments for scheduled surgeries are reviewed.
• Analyze outcomes to identify opportunities for workflow improvements.

MINIMUM QUALIFICATIONS:

• Minimum of six (6) years of verifiable work experience in healthcare financial or revenue cycle roles, including medical billing, patient registration, patient financial services, or related finance/customer service positions.

PREFERRED QUALIFICATIONS:

• General knowledge of the healthcare billing arena.
• Ability to work with various levels of management and physicians, remaining professional with various types of communication.
• Remain professional and focused under multiple tasks and deadlines.
• Ability to articulate and discuss financial details with patients in a calm, professional manner.
• Experience with Google spreadsheets or Microsoft Excel spreadsheets.
• Experience with analytical duties and acquired skills to make decisions on a process flow and point out areas of possible improvement.

EDUCATION:

LICENSES /CERTIFICATIONS: 

PHYSICAL REQUIREMENTS:

For disease specific care programs refer to the program specific requirements of the department for further specifications on experience and educational expectations, including continuing education requirements.

Any physical requirements reported by a prospective employee and/or employee’s physician or delegate will be considered for accommodations.

PAY RANGE:

CITY:

POSTAL CODE:

The posted pay range is a good faith representation of potential base pay for this position. It may be modified in the future and eligible for additional pay components. Individual annual salaries/hourly rates could vary based on position details and FTE. Pay is determined by considering factors including, but not limited to, experience, relevant qualifications, specialty, internal equity, locations, and contracts.

Rochester Regional Health is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex (including pregnancy, childbirth, and related medical conditions), sexual orientation, gender identity or expression, national origin, age, disability, predisposing genetic characteristics, marital or familial status, military or veteran status, citizenship or immigration status, or any other characteristic protected by federal, state, or local law.