Financial Counselor I jobs in United States
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Kennedy Krieger Institute · 1 month ago

Financial Counselor I

Kennedy Krieger Institute is a renowned healthcare organization, and they are seeking a Financial Counselor I to provide administrative support and financial counseling to patients and families. The role involves verifying insurance coverage, conducting interviews to assess financial status, and ensuring timely billing and financial clearance for medical services.

CommunitiesEducationHealth Care
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H1B Sponsor Likelynote

Responsibilities

Verify, analyze, interpret, and document patient health insurance coverage, health plan provisions, or other third-party payment plan arrangements for outpatient and day treatment medical programs
Conduct in-person or phone interviews with patient representatives to secure accurate information relative to financial status and cost of services. Obtain necessary referrals, authorization, and pre-certifications as needed. Obtain patient demographic data not captured during scheduling process
Complete all online system entries and hard copy forms as needed
Interview and counsel underinsured and uninsured patients, determine financial eligibility, verify insurance benefits, and perform financial case management. Secure authorization for outpatient medical programs
Facilitate medically necessary correspondence with insurance carriers and other third-party payers
Demonstrate understanding of basic business requirements of designated clinic and serves as a liaison between the clinic, the Care Center, the Patient Access Office, the Finance department, and customers
Facilitate financial clearance for newly scheduled appointments through coordination with Care Center(s)
Evaluate funding sources and alternate funding sources of payment, following through until sources are exhausted or obtained
Monitor insurance benefit thresholds (concurrent review) and facilitates the acquisition of additional authorization as directed by the Clinical Care Team
Estimate deposit requirements, determine patient liability, establish payment arrangements, and coordinate payment arrangement information with Patient Accounting. Prepares cost estimates of services for families and agencies and facilitate negotiation of rates for outpatient programs and clinics based on insurance type and coverage
Assist with the tracking of departmental reports, including Delinquency Reports, Medical Assistance Clearance Reports, bad debt reports, Medicare, and other insurance data tracking. Communicates solutions to leadership
Review, evaluate, and coordinate health insurance benefits available through public and private health care coverage programs to ensure payment
Forward all needed paperwork for outpatient procedures to Patient Registration Representatives to be added to account folder to ensure timely billing

Qualification

Financial counselingPatient accountingInsurance verificationHealthcare experienceCustomer service

Required

High School Diploma or GED required
Minimum two years of experience related to admissions and patient accounting in a healthcare setting required

Preferred

Bachelor's degree in human services related field or health care administration preferred

Benefits

Medical
Dental
Vision
401K with match
Tuition reimbursement
Free parking
Child care subsidies
Rich professional development opportunities

Company

Kennedy Krieger Institute

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Kennedy Krieger Institute helps children and young adults with disorders of the brain, spinal cord, and musculoskeletal system.

H1B Sponsorship

Kennedy Krieger Institute has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (21)
2024 (13)
2023 (8)
2022 (15)
2021 (11)
2020 (5)

Funding

Current Stage
Late Stage
Total Funding
$1.99M
Key Investors
Government of United States of AmericaFCC
2023-01-15Grant· $1M
2020-05-19Grant· $0.99M

Leadership Team

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Bradley Schlaggar
President and CEO
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Amy Bastian
Chief Science Officer
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Company data provided by crunchbase