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Patient Financial Specialist
Prisma Health. Resolve patient accounts through timely and appropriate financial counseling and collections .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in Health Care Revenue Cycle processes, including financial counseling, billing, and collections, while ensuring compliance with HIPAA guidelines. Proficient in analyzing demographic and financial information to facilitate effective patient account resolution and communication with various stakeholders.
Highest-signal resume keywords
Health Care Revenue Cycle ExperienceFinancial Counseling ProcessesHIPAA ComplianceInsurance Verification ProcessesKnowledge of Payor Regulations
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
BillingCollectionsFinancial AssessmentDemographic AnalysisAuthorization Initiation
Soft Skills
Effective CommunicationCollaborationProblem-Solving
Tools & Technologies
Computer Systems
Industry Keywords
Managed CareThird-Party PayorDepartment of Health and Human ServicesSocial Security Administration
About the role
Key responsibilities & impact- Resolve patient accounts through timely and appropriate financial counseling and collections
- Collect deductibles, co-pays, co-insurance, self-pay amounts, and other payments
- Perform in-depth demographic and financial assessments, generally at the bedside, to determine appropriate payor sources
- Assist patients with financial assistance, outside agency referrals, Social Security Administration appointments, and disability determination processes
- Interview patients or representatives to obtain accurate demographic and financial information in accordance with HIPAA guidelines
- Explain insurance terms and estimated financial responsibility; request and receive payments and issue receipts
- Monitor high-dollar accounts and ensure accurate information for timely submission and reimbursement
- Initiate authorization and insurance verification processes and communicate changes to relevant departments
- Coordinate and monitor Department of Health and Human Services applications
- Collaborate with Social Work and Outcomes Management to support appropriate patient care continuums
- Maintain revenue cycle knowledge through review of payor regulations and guidelines
- Complete special revenue-cycle projects, including complex patient reviews and financial counseling support at other facilities
- Escalate issues to appropriate management
Requirements
What you’ll need- High School diploma or equivalent OR Post High School Diploma
- 3 years of Health Care Revenue Cycle Experience (such as Billing, Collections, and/or Customer Service)
- Bachelor's degree and 3 years experience in a service industry may be substituted for the above education/experience requirements
- Knowledge of computer systems and financial counseling processes
- Ability to analyze demographic and financial information
- Ability to follow HIPAA guidelines and compliant processes
- Ability to initiate authorization and insurance verification processes
- Knowledge of governmental, managed care, and third-party payor regulations and guidelines
- Ability to communicate effectively with patients, representatives, peers, clinical departments, payor organizations, and industry organizations