Insurance Verification Specialist is responsible for the pre-verification of insurance for patients being admitted into the hospital for care. Ensures insurance coverage by telephone, resolves any issues with coverage and escalates complicated issues to a supervisor or manager. Being an Insurance Verification Specialist interviews patients and completes all paperwork necessary to ensure the admitting process is efficient and all hospital and regulatory policies are in compliance. May require a bachelor's degree in area of specialty. Additionally, Insurance Verification Specialist typically reports to a supervisor or manager. To be an Insurance Verification Specialist typically requires 2 to 4 years of related experience. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. (Copyright 2024 Salary.com)
*Full time IN-PERSON position*
Kofinas Fertility Group is a high-end fertility practice that is currently seeking an experienced and detail-oriented Financial Coordinator to join our team full-time!
Kofinas Fertility Group is a fertility practice that provides comprehensive fertility services and treatments to men and women. We are dedicated to helping our patients build families using state-of-the-art services and advanced technology.
We are looking for a Financial Coordinator who takes pride in their work and thrives from a fast-paced environment, executing accurately and efficiently, no matter the task. In this highly sensitive medical specialty, this position is responsible and accountable for coordinating all aspects of the patient financial experience. The position is also responsible for providing professional, quality customer service, timely resolution to patient problems, and coordination of services to all patients.
Job Responsibilities include but are not limited to:
· Has a high level of knowledge and can effectively explain insurance benefits, out-of-network coverage limitations, and authorization requirements
· Follows financial coordinator workflow to identify and prioritize communication with assigned patients by providing financial support, training, and guidance
· Calculates patient estimated charges; documents estimated patient financial liability (insurance limits and co-payment responsibilities)
· Consults with patients regarding their financial obligations and secures patient signatures for required forms
· Document accounts appropriately in Medical Manager Software
· Provide courteous and professional customer service to patients, coworkers and management.
· Clearly communicates with internal departments involved with patient care and workflow in a timely manner
· Proactively and respectfully communicates effectively with patients, coworkers, and supervisors
· Maintains knowledge of and complies with external healthcare industry policies and procedures, including government, insurance, and third-party-payer regulations
· Maintains HIPAA compliance and confidentiality of patient information and account status
· Perform other work-related duties as assigned
Qualifications:
Education:
· Associates Degree or Higher
· Ability to operate computers, computer software, and multi-line telephones
· Ability to work in a team setting by assisting team members and sharing knowledge
· Must be well organized and detail oriented
Experience:
· Minimum one (1) years of finance and/or billing experience preferably in medical practice, payer or hospital setting especially experience with commercial insurances
Job Type: Full-time
Pay: $20.00 - $25.00 per hour
Benefits:
Schedule:
Ability to commute/relocate:
Education:
Experience:
Work Location: In person
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