Lead Financial Advocate
About this role
Job Details
Lead Financial AdvocateJob Description
The Lead Financial Advocate performs all financial screening functions to assess patient liability and helps to ensure all insurance requirements are met prior to a patient encounter. Maintains excellent working relationship with community providers and their staff, and the highest level of confidentiality when dealing with patient’s financial documents and personal circumstances related to their care. Accurately completes patient accounts based on departmental protocols, policies and procedures and compliance with regulatory agencies. The Sr. Financial Advocate handles advanced issues regarding patient financial liability and funding, and is the first-level resource for problem resolution .
1. Interacts with co-workers, visitors, and other staff consistent with the values of Jefferson Percentage of time N/A
2. Provides guidance and counseling to patients in high anxiety and stressful situations. Provides front facing information and in relays information to patients at a level that can patients can comprehend. 20%
3. Analyzes patient account information to determine financial liability. Explains level of benefits, the billing/collection process, and secures payment arrangements. Ensures appropriate insurance and financial documentation is stored in the system. 15%
4. Assists patients in obtaining other funding sources, such as grant programs, COBRA extension, and enrollment in subsidized programs. Refers patients for Medical Assistance benefits, if needed. 15%
5. Initiates and processes charity care/financial assistance applications to determine level of assistance. 15%
6. Collects monies from or sets up payment plan with patients having the ability to pay. This includes outstanding accounts receivable, advance down-payments from self-pay patients, and co-pays and deductibles from insured patients. 10% 7. Educates patients on relevant policies such as point of service collections, payment plans, and financial assistance during the scheduling, registration and/or financial interview processes. Following set policy, may recommend deferment of elective services. 10%
8. Works closely with Patient Services in the Business Office to coordinate and qualify patients for assistance on older open patient balances in the receivable. 10%
9. Researches, identifies, follows-up and rectifies any special circumstances affecting delayed payment of self-pay accounts.
Customer service, and critical/analytical thinking skills. Proficiency with PCs and computer applications/software. Knowledge of rules governing reimbursement programs, charity care and Medicaid programs and qualifications.
Outstanding oral and written communication skills. Excellent organizational and interpersonal skills. Thorough understanding of the impact financial counseling services has on the hospitals’ reimbursement goals. Possesses understanding of and follows regulations outlined by state, federal and third party coverage policies and procedures
HS Diploma or equivalent required; 5+ years of experience in healthcare financial counseling required if no degree. Optional: Insert code from Education and Experience worksheet Preferred Experience, Education, Degree, Certification(s), License(s) (Type manually or insert code) Bachelor's degree in a related field (such as Social Work, Finance, or Healthcare Administration) strongly preferred.
Work Shift
Workday Day (United States of America)Worker Sub Type
RegularEmployee Entity
Thomas Jefferson University Hospitals, Inc.Primary Location Address
925 Chestnut Street, Philadelphia, Pennsylvania, United States of AmericaNationally ranked, Jefferson, which is principally located in the greater Philadelphia region, Lehigh Valley and Northeastern Pennsylvania and southern New Jersey, is reimagining health care and higher education to create unparalleled value. Jefferson is more than 65,000 people strong, dedicated to providing the highest-quality, compassionate clinical care for patients; making our communities healthier and stronger; preparing tomorrow's professional leaders for 21st-century careers; and creating new knowledge through basic/programmatic, clinical and applied research. Thomas Jefferson University, home of Sidney Kimmel Medical College, Jefferson College of Nursing, and the Kanbar College of Design, Engineering and Commerce, dates back to 1824 and today comprises 10 colleges and three schools offering 200+ undergraduate and graduate programs to more than 8,300 students. Jefferson Health, nationally ranked as one of the top 15 not-for-profit health care systems in the country and the largest provider in the Philadelphia and Lehigh Valley areas, serves patients through millions of encounters each year at 32 hospitals campuses and more than 700 outpatient and urgent care locations throughout the region. Jefferson Health Plans is a not-for-profit managed health care organization providing a broad range of health coverage options in Pennsylvania and New Jersey for more than 35 years.
Jefferson is committed to providing equal educational and employment opportunities for all persons without regard to age, race, color, religion, creed, sexual orientation, gender, gender identity, marital status, pregnancy, national origin, ancestry, citizenship, military status, veteran status, handicap or disability or any other protected group or status.
Benefits
Jefferson offers a comprehensive package of benefits for full-time and part-time colleagues, including medical (including prescription), supplemental insurance, dental, vision, life and AD&D insurance, short- and long-term disability, flexible spending accounts, retirement plans, tuition assistance, as well as voluntary benefits, which provide colleagues with access to group rates on insurance and discounts. Colleagues have access to tuition discounts at Thomas Jefferson University after one year of full time service or two years of part time service. All colleagues, including those who work less than part-time (including per diem colleagues, adjunct faculty, and Jeff Temps), have access to medical (including prescription) insurance.
For more benefits information, please click here
