What are the responsibilities and job description for the Submission for the position: Financial Counselor position at Baylor Scott & White Healthcare?
BAYLOR SCOTT AND WHITE MEDICAL CENTER FRISCO AT PGA PARKWAY
Join us in an extraordinary opportunity to be at the forefront of our new hospital in Frisco, Texas. As we gear up to open our doors in July 2025, you'll play a pivotal role in shaping the future of healthcare in our community.
Our new facility, spanning 340,000 square feet, will introduce a state-of-the-art facility, tailored to accommodate the evolving needs of our rapidly growing population. Among its highlights, the facility will house crucial departments such as emergency, inpatient, procedural, and women and children.
Apply today and join a growing team dedicated to bringing an elevated level of care to the rapidly growing North Texas area!
JOB SUMMARY
The Financial Counselor is responsible for performing financial clearance functions, including but not limited to, verifying insurance eligibility and benefits, ensuring authorizations and providing price estimates. This position facilitates resolution in disputed billing issues which require intense interaction with patients. This position also serves as subject matter expert in financial assistance policies, facility point of service collections and provides support on special projects.
ESSENTIAL FUNCTIONS OF THE ROLE
- Works closely with facility leadership to ensure all patients are financially cleared and screened.
- Conducts patient interviews to obtain demographic and financial data for registration, insurance verification, pre-certification and billing.
- Records accurate patient demographic information when reviewing previous accounts and accounts with future dates of service.
- Follows and acts on several complex system policies (financial assistance, limited plan, point of service, out of network, etc.)
- Obtains and screens guarantor financial information for financial assistance and or refers patient to appropriate resource for public assistance programs.
- Provides estimates of procedures and services, calculates payment requirements, and negotiates pre-service payments according to financial clearance requirements.
- Establishes payment arrangements for future and previous services.
- Reviews future schedule to ensure pre-authorization and pre-payments have been collected.
- Assists with contacting physician office and patient in order to ensure pre-authorization and referral requirements are met prior to the date of service.
- Reviews and interprets explanation of benefits received from payers in order to assist patients and guarantors with understanding of claims processing or denial of services by payer.
KEY SUCCESS FACTORS
BENEFITS
Our benefits are designed to help you live well no matter where you are on your journey. For full details on coverage and eligibility, visit the Baylor Scott & White Benefits Hub to explore our offerings, which may include :
Note : Benefits may vary based upon position type and / or level
QUALIFICATIONS
