Financial Advocate

Department: 10339 Enterprise Revenue Cycle - Enrollment: Midwest Status: Full time Benefits Eligible: Yes Hou rs Per Week: 40 Schedule Details/Additional Information: This is an onsite position focused on helping uninsured patients apply for Medicaid. The teammates will meet patient throughout the hospital, including in patients' room, the emergency rooms, and other departments where application assistance is needed. The teammate will also work with the care management team to help facilitate Medicaid applications. The schedule is Monday through Friday, either 8:00 a.m.- 4:30 p.m. or 8:30 a.m.- 5:00 p.m.

ONSITE Pay Range: $22.90 - $34.35 Major Responsibilities: Calculates and provides patients with personalized estimates of their financial responsibility based on their insurance coverage prior to service. Communicates patient liability clearly and accurately while adequately explaining concepts such as deductibles, coinsurance, and/or copayments and how they may affect the cost of care. Explains how non-covered and out-of-network services factor into the out-of-pocket cost. Requests upfront payment toward self-pay amounts, including estimated out-of-pocket costs and outstanding previous balances.

Establishes payment arrangements in advance of scheduled services when applicable, communicating due dates and the amount of each installment. Interviews uninsured patients to assess for qualifying financial needs. Identifies available assistance programs and coordinates with patient to complete paperwork and applications for any potential coverage(s). Continues follow-up efforts to obtain a funding source for patient’s health services. Initiates credit scoring to determine each patient’s eligibility for Medicaid, hospital-sponsored charity care, and other programs through a comprehensive patient interview.

Works in conjunction with state social worker and/or outside eligibility vendor to assist in the appropriate completion of Medicaid applications, ensuring this funding source is maximized based on patients’ eligibility. Demonstrates working knowledge of insurance benefits, insurance companies, and Marketplace insurance options, and stays informed of other payer sources entering the markets. Educates physician office/patient on the organization’s applicable policies such as Financial Assistance Policy, Patient Financial Responsibility, Non-Covered Services, and Deferral of Care.

Coordinates with provider office to determine scheduling options based on the need to secure funding and clarify patient’s financial responsibility. Stays current on regulations and eligibility requirements for government funding, especially Medicare and Medicaid. Understands and complies with all internal charity care policies and processes. Understands, complies with, and can articulate federal regulations around 501R. Performs in a HIPAA-compliant manner with all pertinent patient interviews, including management of demographic data, topics discussed, and actions taken…

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