At a Glance
- Tasks: Verify insurance eligibility and ensure medical necessity for outpatient services.
- Company: Join the compassionate team at Exeter Hospital, part of Beth Israel Lahey Health.
- Benefits: Full-time position with opportunities for growth and a supportive work environment.
- Other info: Dynamic role with a focus on teamwork and customer service.
- Why this job: Make a real difference in patients' lives while developing your skills in healthcare finance.
- Qualifications: High school diploma required; experience in financial clearance preferred.
The predicted salary is between 30000 - 40000 £ per year.
When you join the growing BILH team, you're not just taking a job, you’re making a difference in people’s lives.
This position completes all financial clearance activities for services rendered in outpatient departments. Monitors outcomes to ensure medical necessity and authorization requirements are met. Provides feedback to departments on medical necessity and authorization processes.
Primary Responsibilities:- Verifies patient's insurance eligibility for visit, using various online tools and by contacting the payer directly.
- Identifies payer medical necessity determination before services are rendered. Informs departments of failed instances. When circumstances dictate, requests additional information to re-run medical necessity check.
- Determines authorization requirement and, when necessary, obtains authorization from payer by utilizing payer specific protocols. Requests and coordinates any additional information from departments when needed.
- Identifies and escalates issues timely and appropriately for resolution and communicates and coordinates with revenue cycle peers, leadership and clinical stakeholders. Documents interim and final results in appropriate systems.
- Completes assigned work queues and reports daily to achieve standards of productivity and quality. Assists with reviewing medical necessity and obtaining authorization for urgent or walk-in visits. Refers patients to financial counselors to resolve complex financial issues and/or inquiries.
- Follows BIDMC policies, procedures and training materials to ensure compliance to federal, state, and contractual requirements.
- Identifies trends and provides periodic reports to departments on operational, productivity, and quality metrics.
- Performs other activities on an as-needed basis to support the department.
- High School diploma or GED required. Associate's degree preferred.
- 1-3 years related work experience required.
- Working knowledge of Common Procedural Terminology (CPT), Health Care Procedural Coding System (HCPCS) coding and International Classification of Diseases (ICD-9, ICD-10).
- Advanced skills with Microsoft applications which may include Outlook, Word, Excel, PowerPoint or Access and other web-based applications. May produce complex documents, perform analysis and maintain databases.
- 3+ years of related experience; two or more years of prior work experience in Financial Clearance activities.
- Knowledge of payer policies for medical necessity/authorization requirements.
- Prior experience working with Craneware software.
- Decision Making: Ability to make decisions that are guided by precedents, policies and objectives. Regularly makes decisions and recommendations on issues affecting a department or functional area.
- Problem Solving: Ability to address problems that are varied, requiring analysis or interpretation of the situation using direct observation, knowledge and skills based on general precedents.
- Independence of Action: Ability to follow precedents and procedures. May set priorities and organize work within general guidelines. Seeks assistance when confronted with difficult and/or unpredictable situations. Work progress is monitored by supervisor/manager.
- Written Communications: Ability to summarize and communicate in English moderately complex information in varied written formats to internal and external customers.
- Oral Communications: Ability to comprehend and communicate complex verbal information in English to medical center staff, patients, families and external customers.
- Knowledge: Ability to demonstrate full working knowledge of standard concepts, practices, procedures and policies with the ability to use them in varied situations.
- Team Work: Ability to work collaboratively in small teams to improve the operations of immediate work group by offering ideas, identifying issues, and respecting team members.
- Customer Service: Ability to provide a high level of customer service to patients, visitors, staff and external customers in a professional, service-oriented, respectful manner using skills in active listening and problem solving. Ability to remain calm in stressful situations.
- Work requires close attention to task for work to be accurately completed. Intermittent breaks during the work day do not compromise the work.
- Work is varied every day and the employee needs to be adaptable to respond to these changes and use independent judgment and manage priorities.
- No substantial exposure to adverse environmental conditions.
- Health Care Status: NHCW: No patient contact.
- Close work (paperwork, visual examination), Color vision/perception, Visual monotony, Visual clarity.
Financial Clearance Specialist - Exeter Hospital in Devon employer: Beth Israel Lahey Health, Inc.
Contact Detail:
Beth Israel Lahey Health, Inc. Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Financial Clearance Specialist - Exeter Hospital in Devon
✨Tip Number 1
Network like a pro! Reach out to people in the healthcare finance field, especially those who work at Exeter Hospital. A friendly chat can open doors and give you insider info on the role.
✨Tip Number 2
Prepare for the interview by brushing up on your knowledge of medical necessity and authorisation processes. Show us you know your stuff and can handle the financial clearance tasks with ease!
✨Tip Number 3
Practice your communication skills! You’ll need to explain complex information clearly, so get comfortable discussing financial topics in a way that’s easy to understand.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step.
We think you need these skills to ace Financial Clearance Specialist - Exeter Hospital in Devon
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Financial Clearance Specialist role. Highlight your relevant experience, especially in financial clearance activities and insurance eligibility verification, to show us you’re the right fit!
Show Off Your Skills: Don’t forget to mention your advanced skills with Microsoft applications and any experience with CPT, HCPCS, or ICD coding. We love seeing candidates who can demonstrate their technical know-how and problem-solving abilities.
Be Clear and Concise: When writing your application, keep it clear and to the point. Use straightforward language to communicate your qualifications and experiences. We appreciate a well-organised application that’s easy to read!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates about your application status!
How to prepare for a job interview at Beth Israel Lahey Health, Inc.
✨Know Your Stuff
Make sure you brush up on your knowledge of insurance eligibility, medical necessity, and authorisation processes. Familiarise yourself with Common Procedural Terminology (CPT) and the coding systems mentioned in the job description. This will show that you're not just interested in the role but also understand the technical aspects involved.
✨Practice Makes Perfect
Conduct mock interviews with a friend or family member. Focus on articulating your experience in financial clearance activities and how you've handled similar responsibilities in the past. This will help you feel more confident and articulate during the actual interview.
✨Showcase Your Problem-Solving Skills
Be prepared to discuss specific examples where you've identified issues and escalated them appropriately. Highlight your decision-making process and how you’ve used your analytical skills to resolve problems. This is crucial for a role that requires timely issue resolution.
✨Ask Smart Questions
Prepare thoughtful questions about the team dynamics, departmental goals, and how success is measured in this role. This not only shows your interest in the position but also helps you gauge if the company culture aligns with your values.