Parla · 1 day ago
Fertility Centers of Illinois: IVF Financial Coordinator
Chicago, IL
Full-time
Onsite
Entry Level
2+ years expParla is dedicated to providing compassionate care during the fertility treatment process. They are looking for an IVF Financial Coordinator to manage patient insurance matters, explain financial responsibilities, and prepare billing documentation for IVF services.
Furniture and Home Furnishings Manufacturing
Responsibilities
Reviews the ArtWorks Financial Schedule on a daily basis to determine if all new patients have their insurance matters in order (e.g., referrals, pre-certifications, and pre-determinations) before starting their IVF Cycle. If errors or missing information are noted, contacts appropriate staff at the patient’s home office to complete the patient’s file in ArtWorks and “Green Light” the patient’s account, so that the patient is cleared to start service
Consults with patients regarding their financial responsibility. Advises patients on FCI fees and their payment requirements as pre-determined during the verification of their insurance benefits
Explains insurance benefits and limitations on coverage for their plan product. When services are not covered by insurance, makes patient aware of the IntegraMed Attain IVF Program and third-party loan options. Indicates payment requirements in MISYS Alert Notes and ArtWorks. Confirms with the patient’s home office that cycle payment is obtained at baseline
Prepares daily IVF Billing Sheets for scheduled procedures. Advises Lake Anesthesia of patient’s insurance or Self-Pay status, so that Lake may correctly bill for the patient’s anesthesia services
Prepares, assembles, and submits IVF billing batch documentation to CBO within two days of date of service. Documents insurance information or Self-Pay price on the IVF Billing Sheet for each patient. Compares billing sheet to treatment documentation in ArtWorks to ensure that all charges have been captured. Runs daily report of all cancelled cycles and determines billable charge for cancelled cycles. Coordinates package fees and adjustments with physicians
Prepares and distributes end-of-month reports. Reviews completed IVF schedule to ensure that IVF Billing Sheets have been submitted for each patient seen during the month. Sends a list of patients that have completed retrieval but no transfer during the month to the Manager, Billing and Verification Division (the Manager). Prepares monthly series case list for tracking patient services
Serves as an account status resource to patients, FCI medical offices, and FCI managers on the billing and payment status of IVF Cycle services performed at assigned center. Conducts ongoing reviews of accounts receivable with patient responsibility for IVF Cycle services. Enters financial notes in the billing system after all receivables follow-up activities, so that there is a clear history of actions taken on collecting aged receivables in the account notes
Participates in the implementation of procedures to improve the quality and quantity of work processed by the IVF Coordinator team
Monitors the processing of assigned daily activities and keeps reporting senior advised on necessary adjustments to work flow, when indicated. May assist other team members in the performance of their duties, when requested by the Manager
Maintains knowledge of and complies with external healthcare industry policies and procedures, including government, insurance, and third-party-payor regulations
Complies with all IntegraMed and FCI polices and procedures, including attendance, dress, corporate compliance, and safety
Attends administrative meetings and training sessions as requested
Participates in special projects and studies as requested
Maintains confidentiality of patient information and account status
Qualification
Required
High school degree and a minimum of two or more years' related experience in physician billing with particular emphasis in financial counseling and receivables management or equivalent combination of education and experience
Ability to read, analyze, and interpret technical procedures and insurance billing policies and procedures
Ability to add, subtract, divide, and multiply all units of measure, using whole numbers, common fractions, and decimals
Ability to solve patient accounting problems based on the application of established policies and procedures
Ability to interpret a variety of instructions furnished in written, oral, diagrammatic, and/or tabular form
Benefits
Medical, dental, life, 401K with great company match, and vision coverage for full time employees
A very generous PTO policy
Tuition reimbursement ($1,000.00) for full time employees after one year.
Free Annual Wellness Screenings for all employees
Flexible Spending Accounts.
Company
Parla
PARLA specializes in the manufacture of a sophisticated, high quality furniture for the Hospitality and Contract market.
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase