Financial Counselor
Job Description
CenterPointe Hospital of Columbia is hiring a Patient Financial Counselor at our Columbia, Missouri location.
Join our team as a Patient Financial Counselor! This is a highly patient-facing role responsible for helping patients and families understand their insurance benefits, financial responsibilities, and available payment options while ensuring accurate account documentation and collections.
Responsibilities
- Meet directly with patients and guarantors to discuss insurance coverage and out-of-pocket costs
- Verify insurance benefits and patient demographics
- Collect patient payments and establish payment arrangements
- Process charity care and financial assistance applications
- Maintain collection, charity, and adjustment logs
- Support timely reimbursement and account resolution
Qualifications
- High School Diploma or GED
- 3+ years of healthcare billing, collections, insurance verification, patient access, or financial counseling experience
- Strong knowledge of Commercial Insurance, Medicare, and Medicaid
- Excellent communication, customer service, and interpersonal skills
- Comfortable discussing financial obligations with patients in a compassionate and professional manner
Benefits
- Competitive Pay
- Medical, Dental & Vision Insurance
- PTO & Paid Holidays
- 401(k) with Company Match
- Growth Opportunities
If you enjoy working directly with patients and helping them navigate the financial side of healthcare, we'd love to hear from you! Apply today.
ESSENTIAL FUNCTIONS:
- Responsible for auditing the admission packets and for the verification of benefits along with all patient demographic information in the patient accounting system.
- Financial counseling of patients and/or guarantors and collecting any out of pocket (deductibles, copays, exhausted days, etc). Provide information to the patient and/or guarantors regarding their benefits and financial obligations.
- Complete financial disclosure paperwork for patients that request assistance including verifying income and expenses.
- Complete adjustment forms for any charity or administrative adjustments for approval.
- Complete promissory notes for patients that request payment arrangements.
- Update daily the upfront collection log, charity log, and admin adjustment log. Review with BOD on a weekly basis.
- Gather and interpret data from system and understands appropriate course of action to take and initiates time-sensitive and strategic steps resulting in payment.
OTHER FUNCTIONS:
- Perform other functions and tasks as assigned.
EDUCATION/EXPERIENCE/SKILL REQUIREMENTS:
- High school diploma or equivalent required.
- Three or more years' experience in related field required.
- Extensive knowledge and understanding of Commercial Insurance and Medicare/Medicaid required.
LICENSES/DESIGNATIONS/CERTIFICATIONS:
- Not applicable
ADDITIONAL REGULATORY REQUIREMENTS:
While this job description is intended to be an accurate reflection of the requirements of the job, management reserves the right to add or remove duties from particular jobs when circumstances
(e.g. emergencies, changes in workload, rush jobs or technological developments) dictate.
We are committed to providing equal employment opportunities to all applicants for employment regardless of an individual’s characteristics protected by applicable state, federal and local laws.
CPHC