Financial Counselor - Healthcare jobs in Illinois

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, Full Time, Days
  • Northwestern Memorial Healthcare
  • Chicago, IL FULL_TIME
  • Company Description

    At Northwestern Medicine, every patient interaction makes a difference in cultivating a positive workplace. This patient-first approach is what sets us apart as a leader in the healthcare industry. As an integral part of our team, you'll have the opportunity to join our quest for better healthcare, no matter where you work within the Northwestern Medicine system. At Northwestern Medicine, we pride ourselves on providing competitive benefits: from tuition reimbursement and loan forgiveness to 401(k) matching and lifecycle benefits, we take care of our employees. Ready to join our quest for better?

    Job Description

    The Financial Counselor reflects the mission, vision, and values of NM, adheres to the organization’s Code of Ethics and Corporate Compliance Program, and complies with all relevant policies, procedures, guidelines and all other regulatory and accreditation standards.

    Responsibilities:

    • Consistently practices Patients First philosophy and adheres to high standards of customer service. This includes setting an example to peers, coworkers, etc. by fostering a team atmosphere.
    • Responds to questions and concerns.
    • Forwards, directs and notifies Team Lead or Operations Coordinator of extraordinary issues as necessary.
    • Maintains patient confidentiality per HIPAA regulations.
    • Provides exceptional customer service to consumers which establish a positive first impression of Northwestern Medicine.
    • Exceed all consumer requests and alert management of issues or concerns that require escalation.
    • Identifies and works to minimize potential financial risk of patient accounts through financial reports, systems information or direct contact.
    • Identifies and counsels financially unsecured patients regarding payment options or financial assistance programs based on department policies and procedures.
    • Assists patients with completing financial assessment applications, makes eligibility determinations, and promptly notifies patients of outcome.
    • Requests and collects patient deposits for self-pay patients receiving future services.
    • Works closely with Facility MANG Representatives, Insurance Verification Team, Case Management, Central Scheduling, Ambulatory Registration, Admitting and Registration Departments, and Physician Practices to expedite prompt and appropriate resolution of patient accounts.
    • Identifies patients with potential insurance coverage issues, including but not limited to limited coverage, and lack of in-network status.
    • Follows department policies and procedures in regards to soliciting financial deposits, identification of in-network providers for out-of-network patients, and communication back to clinical team(s) and/or patient.
    • Provides walk-in availability for patients with financial concerns, facilitates payment arrangements including those for Package programs, and accepts payments as necessary.
    • Handles phone calls pertaining to aforementioned scope and provides price estimates as appropriate for the type of service requested.
    • Adheres to all financial counseling and collection guidelines as established by Northwestern Memorial HealthCare.
    • May conduct in-person interviews of patients receiving care while the patient is on-site.
    • Performs telephone follow-up with unsecured patients who were not interviewed during their visit.
    • Upon identification, Financial Counselor communicates with unsecured patients with identified patient liabilities.
    • Complies with and meets all provisions of 501R Regulations, Fair Billing Act, and Hospital Uninsured Discount Program.
    • Other duties as assigned.
    • Communication and Collaboration:
      • Reports on activities, issues, and any action items to management and staff.
      • Ensures responses to patient and customer inquiries, and assistance to others are performed completely, accurately, and within the time frames defined within division standards, objectives, and goals.
      • Works collectively to meet established Dept. goals.
    • Technology:
      • Documents all patient interactions in Billing System.
    • Efficiency, Process Improvement, and Business Growth:
      • Meets and/or exceeds departmental, divisional, and institutional goals.
      • Adheres to NM, divisional and departmental quality standards. Identifies opportunities for and participates in process improvement activities.
      • Creates work that is consistently accurate and reliable.
      • Identifies barriers to processes and performs corrective action in order to reduce or eliminate errors.
      • Shows attention to detail, uses reasoning skills and is sufficiently organized to produce quality work.

    AA/EOE

    Qualifications

    Required:

    • High School Diploma or equivalent.
    • 2-3 years customer service or medical office experience.
    • Excellent interpersonal, verbal, and written communication skills.
    • Proficiency in computer data-entry/typing.
    • Excellent verbal and written communication skills.
    • Ability to read, write, and communicate effectively in English.
    • Basic Computer Skills.
    • Ability to type 40 wpm.
    • Ability to multi-task.
    • Customer service oriented.
    • Excellent organizational, time management, analytical, and problem solving skills.

    Preferred:

    • Bachelor's Degree
    • Additional language skills.
    • Healthcare finance and/or healthcare insurance experience.
    • Knowledge and experience in a healthcare setting, especially patient scheduling and/or registration.

    Additional Information

    Northwestern Medicine is an affirmative action/equal opportunity employer and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national origin, gender identity, veteran status, disability, sexual orientation or any other protected status.

  • 5 Days Ago

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Financial Counselor
  • NorthShore University HealthSystem
  • Arlington, IL FULL_TIME
  • Financial Counselor Position Highlights:Position: Financial CounselorLocation: Arlington Heights, ILFull TimeHours: Monday-Friday, 9:30am - 5pm, Rotating HolidaysRequired Travel: N/ASummary: Reporting...
  • 27 Days Ago

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Financial Counselor
  • Silver Oaks Behavioral Hospital
  • Lenox, IL OTHER
  • Job Details Job Location: Silver Oaks Behavioral Hospital - New Lenox, IL Position Type: Full Time Salary Range: $19.00 - $22.00 Job Category: Finance Description JOIN OUR TEAM AS A FINANCIAL COUNSELO...
  • 28 Days Ago

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FINANCIAL COUNSELOR
  • FREEPORT MEMORIAL HOSPITAL
  • FREEPORT, IL OTHER
  • Job Details Job Location: FHN Memorial Hospital - FREEPORT, IL Position Type: Full-time; F (80) Salary Range: Undisclosed Job Shift: Days - 8:00am-4:30pm Job Category: Customer Service DescriptionJob ...
  • 1 Month Ago

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Commercial Banking Credit Portfolio Manager (Government, Non-Profit, Healthcare & Education)
  • Wintrust Financial
  • Chicago, IL FULL_TIME
  • Wintrust is a financial holding company with approximately $50 billion assets under management and traded on the NASDAQ:WTFC. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology...
  • 15 Days Ago

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Patient Financial Counselor
  • Gateway Foundation Inc
  • Springfield, IL FULL_TIME
  • Are you looking to find personal and professional fulfillment, and align your career with your values? At Gateway Foundation, our employees have an opportunity to make a difference every day by helpin...
  • 19 Days Ago

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Financial Planning Advisor
  • Hallmark University
  • San Antonio, TX
  • Job Description Job Description About the Job SUMMARY OF THE JOB: The Financial Planning Advisor assists in carrying out...
  • 4/26/2024 12:00:00 AM

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Financial Advisor
  • Wintrust Financial
  • Chicago, IL
  • Wintrust Wealth Management serves the financial needs of private clients, including high net worth individuals, business...
  • 4/23/2024 12:00:00 AM

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Financial Advisor
  • First Horizon Advisors, Inc.
  • Atlanta, GA
  • Location: On site at location listed in job posting. Summary If you are good at managing money and often get asked to he...
  • 4/10/2024 12:00:00 AM

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Financial Advisor
  • First Horizon Advisors, Inc.
  • Greensboro, NC
  • Location: On site at the location listed in job posting. Summary We are seeking outstanding Advisors to join our growing...
  • 4/10/2024 12:00:00 AM

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Financial Advisor
  • Edward Jones
  • Lehigh Acres, FL
  • The freedom and flexibility of an entrepreneur. Backed by our vast resources. It's the best of both worlds. While Edward...
  • 4/5/2024 12:00:00 AM

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Financial Advisor
  • Edward Jones
  • Mesquite, TX
  • The freedom and flexibility of an entrepreneur. Backed by our vast resources. It's the best of both worlds. While Edward...
  • 4/2/2024 12:00:00 AM

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Financial Advisor
  • First Horizon Advisors, Inc.
  • Woodstock, GA
  • Location: On site in Woodstock, GA or Marietta, GA. Summary If you are good at managing money and often get asked to hel...
  • 3/14/2024 12:00:00 AM

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Financial Advisor
  • First Horizon Advisors, Inc.
  • Greeneville, TN
  • Location: On site at location listed in the job posting. Summary We are seeking outstanding Advisors to join our growing...
  • 1/25/2024 12:00:00 AM

Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP), the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Financial Counselor - Healthcare jobs
$39,789 to $49,703

Financial Counselor - Healthcare in Providence, RI
In case the insurance of the patient covers the cost, a financial counselor works with the needed papers and documents and make sure that everything is in order.
January 11, 2020
Financial Counselor - Healthcare in Tucson, AZ
Financial counselors usually work in the front office location of hospitals, where they sit on their desks and use computers in facilitating their jobs.
January 26, 2020
Financial Counselor - Healthcare in Vincennes, IN
However, there are instances that financial counselors work at night or even during weekends.
December 03, 2019