Job Description
Responsible for auditing the admission packets and for the verification of benefits along with all patient demographic information in the patient accounting system.
•Request and process all bills to third party payors and patients, maximizing re-imbursement of services provided to achieve established hospital goals.
•Responsible for accurate and timely data entry of charges, payments, adjustments and other transactions to patient accounts as required to include both insurance and patient billing for charges incurred.
•Responsible for timely follow-up to insurance companies on billing submitted in order to allow for an effective and efficient cash flow of hospital receivables.
•Record both A/R and miscellaneous cash.
•Prepare bank deposits and post cash and adjustments to patient records as required.
•Balance A/R and maintain supporting reports as per department policy.
•Retrieve and perform electronic billing to insurance companies in a timely manner.
•Make follow up calls to insurance companies and guarantors as required.
•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.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c) Acadia Healthcare
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