Financial Specialist 1 - Pre Service at Inova Health System

, Virginia, United States -

Full Time

Start Date

Immediate

Expiry Date

16 Oct, 26

Salary

31.17

Posted On

18 Jul, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Counseling, Insurance Verification, Patient Access, Revenue Cycle Management, Authorization Processing, Referral Requirements, Patient Education, Account Resolution, Billing Compliance, Problem Solving, Effective Communication

Industry

Hospitals and Health Care

Description

The Inova Pre-service team is looking for a dedicated Financial Specialist 1 - Pre Service to join the team. This role will be full-time day shift: Monday- Friday, 9:30 am – 6:00 pm. This role is Hybrid, following initial 90-days on-site training. The role is eligible for eventual full-time, remote work with required on-site meetings when needed. Inova is consistently ranked a national healthcare leader in safety, quality and patient experience. We are also proud to be consistently recognized as a top employer in both the D.C. metro area and the nation. Featured Benefits: Committed to Team Member Health: offering medical, dental and vision coverage, and a robust team member wellness program. Retirement: Inova matches the first 5% of eligible contributions – starting on your first day. Tuition and Student Loan Assistance: offering up to $5,250 per year in education assistance and up to $10,000 for student loans. Mental Health Support: offering all Inova team members, their spouses/partners, and their children 25 mental health coaching or therapy sessions, per person, per year, at no cost. Work/Life Balance: offering paid time off and paid parental leave. The Financial Specialist 1 completes work assignments within established quality standards. Communicates effectively with various audiences by using the most appropriate methods. Counsels patients on financial liability using available financial counseling tools to achieve maximum reimbursement for patient services. Verifies and enters insurance information and authorization/referral requirements. Contributes to a safe patient care environment by identifying, analyzing and effectively solving problems. Job Responsibilities Accepts responsibility to review and correct errors before completion and routes to others for review when appropriate. Educates and assists patients with the completion/submission of applications for alternative sources of payment for healthcare services such as medical assistance programs, loans and grants. Reviews documented insurance benefits and patient liability in appropriate systems to prepare for patient counseling sessions. Requests/secures balance due payments from patients in accordance with established policies and procedures. Educates/trains others on insurance theory, insurance verification, and authorization/referral processes. Participates in related process improvement activities and makes suggestions for new or revised policies and procedures. Demonstrates an understanding of account resolution processes such as benefit verification, insurance classification, billing complaint claims, and account follow-up. Stays current with relevant insurance, contractual, and/or third-party payer regulations, medical policies, transaction/code sets, and general payment methods needed to ensure proper adjudication and compliance with industry standards. May perform additional duties as assigned. Minimum Qualifications Experience - Two years of patient access experience Education - High School or GED Preferred Qualifications Experience - preferred patient access or revenue cycle experience in multiple specialties or both hospital and clinic settings. We are Inova, Northern Virginia’s leading nonprofit healthcare provider. Every day, our 26,000+ team members provide world-class healthcare to the communities we serve. Our people are the reason we're a national leader in healthcare safety, quality and patient experience. And from best-in-class facilities to professional development opportunities, we support them at every step. At Inova, we're constantly striving to be ever better — to shape a more compassionate future for healthcare. Inova Health System is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to age, color, disability, gender identity or expression, marital status, national or ethnic origin, political affiliation, pregnancy (including childbirth, pregnancy-related conditions and lactation), race, religion, sex, sexual orientation, veteran status, genetic information, or any other characteristics protected by law.

Responsibilities

The Financial Specialist counsels patients on financial liability and secures payments while verifying insurance and authorization requirements. They also assist patients with applications for alternative payment sources and contribute to process improvement activities.