What are the responsibilities and job description for the Financial Intake Coordinator position at Oceans Healthcare?
The Financial Intake Coordinator complies with internal control systems and policies and procedures to meet company's cash collecting goals. Supports the delivery of quality services and the financial goals and objectives of the organization through effective day to day management of financial admissions and data processing procedures and collections. Monitors and analyzes all aspects of accounts receivable management indicators on a daily basis. All duties performed according to Joint Commission, Federal and State Regulations and the Oceans' mission, policies and procedures and Performance Improvement standards.
Position will be 10:00am - 7:00pm and rotating weekends.
Essential Functions:
- Ensures appropriate financial criteria are met prior to patients completing the admission process, including: verification of insurance coverage, notation of important benefits information, approval of any required deposit and administrative adjustments based on financial and/or clinical need, distribution of admitting documents to appropriate organization staff and necessary signatures obtained.
- Ensures active patient accounts are receiving documented follow-up utilizing the patient accounting tickler system and that patient accounts are classified and/or reclassified appropriately.
- Ensures that all adjustments and refunds are approved and posted accurately and timely.
- Ensures payment arrangements for non-covered or poorly covered services, patients, and/or guarantors to resolve accounting problems, including disputed amounts and credit balances.
- Updates code and vendor lists as appropriate for Intake process.
- Prepares and reports credit report to Trispan and UNYSIS quarterly.
- Provides cost report information; Performs monthly closing accurately and timely, and updates code listing information.
- Provides information to ensure billing logs are accurate.
- Completes assignments accurately, in a timely manner and within procedural guidelines.
- Performs other duties and projects as assigned.