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Patient Financial Advisor job

The University of Kansas Health System jobs

Company

Salary

Skills

Benefits

Company Description

The University of Kansas Health System in Kansas City is a world-class academic medical center and destination for complex care and diagnosis. We offer more options for patients with serious conditions because of our expertise and leadership in medical research and education.

Job Description

Position Summary

/Career Interest

The Patient Financial Advisor is responsible for providing financial assistance to all patients/ families throughout the health system. Assists patients/ families to secure payer sources including insurance coverage, Medicaid/ Medicare and other sources available based on need. Follows the enterprise financial clearance and financial assistance policy and procedures. Maintains productivity, quality and customer service requirements according to department policy and procedure.

Responsibilities

  • Contacts the patient or family by phone or in person to ask them questions about sponsorship linkage. Includes health insurance, homeowners insurance, workmans compensation insurance, pre-paid packages, grants, studies, COBRA, VA benefits, Crime Victim, auto insurance, Medicaid or Medicare. Complies with Medicare/Medicaid rules and regulations.
  • Screens patients with financial needs and assists them in finding payment resolution for their accounts. Includes negotiating settlements, insurance, public assistance, payment arrangements, charity or bad debt.
  • Updates patient account information and patient demographic information appropriately. Reviews the account within 1 business day to assure verification and pre-certification are complete and accurate.
  • Determines possible Medicaid or Disability linkage for patients as needed; this includes the ability to interpret the patients H&P to determine disability.
  • Negotiates settlements or makes payment arrangements. If unable to make payments, then screens for partial or full charity, this includes completing the financial assessment application and obtaining all necessary documents. If the patient is uncooperative at any part of the screening process, their account(s) will be recommended for collections and ultimately bad debt.
  • Works daily WQS consisting of all unsecured accounts. Requires taking appropriate actions necessary such as phone calls and written communication and using appropriate codes and timeframes.
  • Assists "walk-in" customers requesting assistance, and customer service calls with questions.
  • Processes Care Management Team referrals for Sponsorship.
  • Responsible for Point of Service collections and EPIC documentation when applicable.
  • * Must be able to perform the professional, clinical and or technical competencies of the assigned unit or department.

    * Note: These statements are intended to describe the essential functions of the job and are not intended to be an exhaustive list of all responsibilities. Skills and duties may vary dependent upon your department or unit. Other duties may be assigned as required.

    Qualifications

    Required:

  • High school diploma or GED
  • 3 years experience in financial advising, claims processing, collections, customer service, revenue cycle positions that including: admitting, patient accounting, prior authorizations, or reregistration).
  • Ability to multi task, prioritize, and escalate
  • Demonstrated good oral and written skills
  • Typing (45 wpm)
  • Preferred:

  • Epic experience
  • CPT-4 and HCPCS coding
  • Knowledge of Insurance (Commercial & Government)
  • Payor websites
  • Transplant (BMT and/or Solid)
  • Working knowledge of CMS regulations
  • Microsoft (Word and Excel)
  • Estimated annual salary
    $49,943
    average
    Minimum
    $40,609
    Maximum
    $81,873

    TASKS

    • Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.
    • Answer clients' questions about the purposes and details of financial plans and strategies.
    • Recommend to clients strategies in cash management, insurance coverage, investment planning, or other areas to help them achieve their financial goals.
    • Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.

    SKILLS

    • Reading ComprehensionUnderstanding written sentences and paragraphs in work related documents.
    • Active ListeningGiving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
    • WritingCommunicating effectively in writing as appropriate for the needs of the audience.
    • SpeakingTalking to others to convey information effectively.

    KNOWLEDGE

    • Administration and ManagementKnowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
    • Economics and AccountingKnowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data.
    • Sales and MarketingKnowledge of principles and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, and sales control systems.
    • Customer and Personal ServiceKnowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
    Health Insurance

    The University of Kansas Health System

    Type

    Hospital

    Size

    Large

    Revenue

    $1B to 2B

    Founded

    1908

    CEO

    Bob Page

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