Financial Coordinator (Non-Exempt)
Mercy Hospital St. Louis Critical Care Medicine Fellowship · St Louis, MO · 1 mo ago
FinanceFull-time
Key Responsibilities
- Manage accounts receivable activities, including posting payments and preparing deposits.
- Aid patients with financial arrangements and payment options.
- Maintain accuracy and timeliness of patient and insurance accounts.
- Follow up on insurance and patient accounts to ensure timely reimbursement.
- Resolve unpaid claims and manage delinquent patient accounts through collection calls.
- Recommend write-offs, credits, refunds, and account adjustments as necessary.
- Identify and recommend accounts for placement with collection agencies.
Insurance & Billing Coordination
- Maintain current knowledge of insurance contract requirements, regulations, and reimbursement guidelines.
- Alert management to insurance-related issues and assist in developing solutions.
- Support staff in understanding changes in insurance regulations.
- Handle daily patient billing inquiries.
- Perform coding and charge entry functions as applicable.
Reporting & Administrative Support
- Share responsibility for maintaining accurate patient demographics.
- Aid in end-of-day financial procedures.
- Prepare monthly practice reports and other miscellaneous reports.
- Provide administrative and operational support to clinic staff.
General Office Responsibilities
- Cross-train and assist with reception and scheduling duties as needed.
- Order office supplies and maintain adequate inventory levels.
- Collaborate with physicians, staff, patients, and insurance representatives to ensure efficient office operations.
Qualifications
- High School Diploma or equivalent required.
- Minimum of two (2) years of physician billing experience required.
- Strong knowledge of claims processing procedures and insurance company regulations.
- Experience with accounts receivable management, insurance follow-up, and denial resolution preferred.
Skills & Competencies
- Excellent attention to detail and accuracy.
- Strong organizational and time-management skills.
- Effective verbal and written communication skills.
- Ability to interact professionally with physicians, staff, patients, and insurance representatives.
- Proficiency with computer systems and practice management software.
- Ability to work independently while contributing to a collaborative team environment.