Financial Clearance Specialist, Entry Level

Remote Full-time
About the position

This remote position involves processing patient, insurance, and financial clearance aspects for both scheduled and non-scheduled appointments. The role includes validating insurance and benefits, handling pre-certifications and prior authorizations, and managing scheduling and pre-registration tasks. The position requires effective communication with healthcare providers and patients to ensure smooth financial clearance processes.

Responsibilities
Ā• Process administrative and financial components of financial clearance including validation of insurance/benefits and medical necessity validation.
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Ā• Handle routine and complex pre-certification and prior authorization requests.
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Ā• Schedule and pre-register patients, obtaining necessary demographic and insurance information.
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Ā• Initiate and track referrals, insurance verification, and authorizations for all encounters.
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Ā• Utilize third-party payer websites and real-time eligibility tools to retrieve coverage eligibility and benefit information.
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Ā• Work directly with physician's office staff to obtain clinical data needed for authorization.
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Ā• Input information online or call carriers to submit requests for authorization and document approval or pending status.
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Ā• Identify issues with referral/insurance verification processes and recommend solutions.
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Ā• Review and follow up on pending authorization requests.
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Ā• Coordinate and schedule services with providers and clinics.
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Ā• Research delays in service and discrepancies of orders.
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Ā• Assist management with denial issues by providing supporting data.
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Ā• Assist Medicare patients with the Lifetime Reserve process where applicable.
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Ā• Review previous day admissions to ensure payer notification upon observation or admission.
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Ā• Perform other duties as assigned.

Requirements
Ā• High School Diploma or equivalent is required.
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Ā• Minimum 2 years of experience in healthcare revenue cycle, medical office, hospital, patient access or related experience.
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Ā• Knowledge of medical and insurance terminology.
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Ā• Knowledge of medical insurance plans, especially managed care plans.
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Ā• Ability to understand, interpret, evaluate, and resolve basic customer service issues.
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Ā• Excellent verbal communication, telephone etiquette, interviewing, and interpersonal skills.
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Ā• Intermediate analytical skills to resolve problems and provide information and assistance with financial clearance issues.
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Ā• Basic working knowledge of UB04 and Explanation of Benefits (EOB).
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Ā• Some knowledge of medical terminology and CPT/ICD-10 coding.

Nice-to-haves
Ā• Experience in healthcare registration, scheduling, insurance referral and authorization processes preferred.
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Ā• Knowledge of registration and admitting services, general hospital administrative practices, operational principles, The Joint Commission, federal, state, and legal statutes preferred.
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Ā• Knowledge of the Patient Access and hospital billing operations of Epic preferred.

Benefits
Ā• Opportunity to grow professionally in a supportive and stimulating environment.
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Ā• Consistently named among the top 100 Best Places to Work in Maryland.

Apply Now

Apply Now

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