Financial Counselor - Healthcare jobs in Lexington, KY

Financial Counselor - Healthcare develops and facilitates payment plans for patients to finance medical expenses by coordinating between insurer, third party payer and patient. Confirms level, terms of coverage, and benefit limits with health insurance providers. Being a Financial Counselor - Healthcare advises patients of any alternative sources of funding or assistance available from social service agencies. Prepares and files any documentation needed to complete payment arrangements. Additionally, Financial Counselor - Healthcare may arrange for referrals or second opinions. Has general knowledge of insurance terms and practices. Requires a high school diploma. Typically reports to a supervisor or manager. The Financial Counselor - Healthcare works under moderate supervision. Gaining or has attained full proficiency in a specific area of discipline. To be a Financial Counselor - Healthcare typically requires 1-3 years of related experience. (Copyright 2024 Salary.com)

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Financial Counselor
  • CHI Saint Joseph Health System
  • LEXINGTON, KY FULL_TIME
  • Overview

    Saint Joseph Hospital is a 433-bed facility located in Lexington Kentucky. Founded in 1877 a small group of Sisters of Charity of Nazareth in Kentucky led by Sister Euphrasia Stafford began their health ministry. Their mission was to provide compassionate care to the poor and underserved – a tradition still carried out today. Saint Joseph Hospital primarily serves central and eastern Kentucky with a full range of services including distinguished awards for cardiology orthopedics and stroke care. CHI Saint Joseph Health supports 5000 active employees 8 hospitals specialty clinics and a Medical Group with more than 200 locations across Central and Eastern KY. CommonSpirit Health was formed by the alignment of Catholic Health Initiatives (CHI) and Dignity Health in 2019. With our combined resources CommonSpirit is committed to building healthy communities advocating for those who are poor and vulnerable and innovating how and where healing can happen both inside our hospitals and out in the community.


    Responsibilities

    JOB SUMMARY / PURPOSE


    The Financial Counselor assists patients by providing information to patients who require assistance navigating
    through their financial options.


    ESSENTIAL KEY JOB RESPONSIBILITIES


    1. Provide information to patients on costs, payment methods and alternatives to payments, including
    charity care.
    2. Work with clinic staff to proactively identify patients with potential need for financial assistance.
    3. Counsel patients on billing processes, hospital and clinic statements and availability of financial assistance.
    4. Document financial arrangements for future care.
    5. Provide answers to reimbursement questions regarding health-plan eligibility, benefit issues, co-pay
    requirements and medical referral requirements.
    6. Receive and process charity care and/or financial assistance applications.
    7. Work with health insurance providers to determine coverage and benefit limits.
    8. Prepare estimates of procedures, calculates payments requirement, and informs patient of acceptable
    payment arrangements on balance, both current and previous.
    9. Verify financial information to determine insurance coordination of benefits, pre-certification/prior
    authorization requirements.
    10. Explain alternative medical financing and assists in completion of applications and/or contracts in order to
    meet patient needs while assuring maximum reimbursement.
    11. Perform other duties as assigned
    The job summary and responsibilities listed above are designed to indicate the general nature of the work performed
    within this job. They are not designed to contain or be interpreted as a comprehensive inventory of all job responsibilities
    required of employees assigned to this job. Employees may be required to perform other duties as assigned.


    Qualifications

    Required Education and Experience: High school diploma or equivalent required.


    Required Licensure and Certifications: N/A

     

    Required Minimum Knowledge, Skills,
    Abilities and Training:

     

     2 – 4 years related experience.
     Knowledge of clinic financial options, payment
    alternatives and insurance billing/authorization
    requirements.
     Knowledge of federal and state payor requirements,
    including Medicare, DSHS, HMO/PPO Contracts.
     Knowledge of the meaning and usage of medical
    terminology, abbreviations and coding protocols
    (e.g./ICD-10) sufficient to perform the duties of the
    position.
     Strong analytic, organizational, communication and
    interpersonal skills.
     Demonstrated knowledge of accounting, credit and
    collection laws and fundamentals, and current
    insurance and government financial assistance
    programs and regulations.
     Possess a strong work ethic and a high level of
    professionalism.
     A team player who handles multiple projects
    simultaneously in a fast paced environment.

  • 7 Days Ago

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Financial Aid Counselor / Student Eligibility
  • Berea College
  • Berea, KY FULL_TIME
  • Financial Aid Counselor / Student Eligibility (SAL 6) Summary: The Financial Aid Counselor will provide financial aid counseling, oversee FAFSA initiatives, review special project applications, do sta...
  • 16 Days Ago

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Patient Financial Advocate
  • Firstsource Healthcare
  • Lexington, KY FULL_TIME
  • Date: Apr 9, 2024 Location: Lexington, Kentucky, US Requisition ID: 8395 Description: FULL Time, GREAT way to get hands on experience! Plenty of opportunities for growth within! Location: ONSITE at a ...
  • 13 Days Ago

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Patient Financial Advocate
  • Firstsource Healthcare
  • Corbin, KY FULL_TIME
  • Date: Mar 18, 2024 Location: Corbin, Kentucky, US Requisition ID: 8060 Description: Location: Medical facility in Corbin, KY Shift: Saturday thru Tuesday 10:00am – 10:00pm GREAT WAY TO GET HANDS ON EX...
  • 1 Month Ago

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Mental Health Counselor
  • Fast Access Healthcare
  • Winchester, KY PART_TIME
  • Fast Access Healthcare is one of the leaders in our field. If you're excited to be part of a winning team, Fast Access Healthcare is an excellent place to grow your career. This is the opportunity you...
  • 13 Days Ago

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Substance Abuse Counselor
  • KVC Behavioral HealthCare of Kentucky, Inc.
  • London, KY FULL_TIME
  • -$2000 Signing Bonus $500 Rentention Bonus!!! If you are looking for a rewarding job where you can make a difference then take a look at KVC Kentucky and all the things we do! Are you called to help t...
  • Just Posted

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0 Financial Counselor - Healthcare jobs found in Lexington, KY area

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Financial Advisor
  • Prudential Financial
  • Danville, KY
  • Prudential Advisors is looking for an experienced financial professional in the Cincinnati- Dayton area that is interest...
  • 4/23/2024 12:00:00 AM

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Financial Advisor
  • Prudential Financial
  • Richmond, KY
  • Prudential Advisors is looking for an experienced financial professional in the Cincinnati- Dayton area that is interest...
  • 4/23/2024 12:00:00 AM

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Experienced Financial Advisor
  • Cetera Financial Group
  • Lexington, KY
  • Help your clients follow their dreams, while you create a stronger future for yourself as a financial representative wit...
  • 4/22/2024 12:00:00 AM

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Finance Transformation, Business Consulting Finance Senior Manager
  • EY
  • Frankfort, KY
  • EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these q...
  • 4/22/2024 12:00:00 AM

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Financial Advisor
  • Prudential Financial
  • Richmond, KY
  • Prudential Advisors is looking for an experienced financial professional in the Cincinnati- Dayton area that is interest...
  • 4/21/2024 12:00:00 AM

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Experienced Financial Advisor
  • Cetera Financial Group
  • Lexington, KY
  • Help your clients follow their dreams, while you create a stronger future for yourself as a financial representative wit...
  • 4/21/2024 12:00:00 AM

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Financial Advisor - career shift opportunity
  • Hiring Now!
  • Richmond, KY
  • The freedom and flexibility of an entrepreneur. Backed by our vast resources. It's the best of both worlds. While Edward...
  • 4/21/2024 12:00:00 AM

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Financial Advisor
  • Prudential Financial
  • Danville, KY
  • Prudential Advisors is looking for an experienced financial professional in the Cincinnati- Dayton area that is interest...
  • 4/20/2024 12:00:00 AM

Lexington, consolidated with Fayette County and often denoted as Lexington-Fayette, is the second-largest city in Kentucky and the 60th-largest city in the United States. By land area, Lexington is the 28th largest city in the United States. Known as the "Horse Capital of the World," it is the heart of the state's Bluegrass region. It has a nonpartisan mayor-council form of government, with 12 council districts and three members elected at large, with the highest vote-getter designated vice mayor. In the 2017 U.S. Census Estimate, the city's population was 321,959, anchoring a metropolitan are...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Financial Counselor - Healthcare jobs
$36,171 to $45,185
Lexington, Kentucky area prices
were up 1.2% from a year ago

Financial Counselor - Healthcare in Medford, OR
When you get the chance to familiarize yourself with the healthcare job description of financial counselors, you will learn that they are working professionals that go over insurances and the cost of procedures before admitting patients to the hospital.
December 07, 2019
Financial Counselor - Healthcare in Cedar Rapids, IA
If payments are rendered in cash, financial counselors also work in collecting payments and updating the bill records of patients.
January 10, 2020
Financial Counselor - Healthcare in Vincennes, IN
However, there are instances that financial counselors work at night or even during weekends.
December 03, 2019