Financial Counselor
RWJBarnabas Health · Somerville, NJ · 2 wk ago
Finance$23.04–$30.73/hrFull-time
About the role
RWJBarnabas Health is seeking a Financial Counselor to support patients and families by ensuring financial coverage is cleared for hospital services. This role plays a critical part in the revenue cycle, helping patients understand insurance benefits, financial responsibility, and available assistance programs such as Medicaid and Charity Care.
Responsibilities
- Verify insurance eligibility and benefits to ensure financial clearance prior to or during care
- Identify appropriate payment sources, including commercial insurance, Medicaid, Charity Care, and self-pay
- Create financial estimates and collect point-of-service payments when appropriate
- Educate patients and families on financial responsibility, coverage options, and available resources
- Act as a patient advocate, addressing concerns related to billing, access to care, and service quality
- Collaborate with social workers and case management to support funding for discharge planning
- Ensure accurate and timely account updates related to Medicaid, Charity Care, or commercial coverage
- Research and resolve issues that may delay payment or account resolution
- Support quality, productivity, and collection goals while maintaining patient-centered service
- Possess strong attention to detail and computer proficiency
- Partner across the revenue cycle and hospital departments to facilitate efficient account resolution
Requirements
- High School Diploma or GED required (or completion within one year of hire)
- Minimum 4 years of hospital billing, accounting, or related healthcare financial experience
- Knowledge of Medicaid, Charity Care, uncompensated care, and insurance regulations
- Familiarity with medical terminology and insurance verification preferred
- Prior experience in hospital admissions or patient financial services preferred
- Strong attention to detail and computer proficiency
- Effective verbal and written communication skills
- Bilingual skills: English/Spanish/Arabic/Creole or Portuguese
Qualifications
- High School Diploma or GED required (or completion within one year of hire)
- Minimum 4 years of hospital billing, accounting, or related healthcare financial experience
- Knowledge of Medicaid, Charity Care, uncompensated care, and insurance regulations
- Familiarity with medical terminology and insurance verification preferred
- Prior experience in hospital admissions or patient financial services preferred
- Strong attention to detail and computer proficiency
- Effective verbal and written communication skills
- Bilingual skills: English/Spanish/Arabic/Creole or Portuguese
Skills
- Attention to detail
- Computer proficiency
- Effective communication skills
- Medicaid, Charity Care, and insurance regulations knowledge
- Medical terminology familiarity
- Patient advocacy
- Accounting and billing experience
Benefits
- Paid Time Off including Vacation, Holidays, and Sick Time
- Retirement Plans
- Medical and Prescription Drug Insurance
- Dental and Vision Insurance
- Disability and Life Insurance
- Paid Parental Leave
- Tuition Reimbursement
- Health Care/Dependent Care Flexible Spending Accounts
- Wellness Programs
- Voluntary Benefits (e.g., Pet Insurance)
- Discounts Through our Partners such as NJ Devils, NJ PAC, and Verizon
Pay
The pay range for this position if hired to work in New Jersey is $23.04 - $30.73 per hour.
Schedule
Full-time (37.5 hour work weeks) Various Locations: RWJ University Hospital - New Brunswick, NJ, RWJ University Hospital Hamilton - Hamilton, NJ, RWJ University Hospital Somerset - Somerset, NJ Various Schedules Available: (8-4, 9-5, 10-6) Rotating holidays & weekends required