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Revenue Cycle Financial Counselor-full time image - Rise Careers
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Revenue Cycle Financial Counselor-full time

The Financial Counselor communicates with the patient to obtain payment, provide payment plan options, offer and discuss financial assistance opportunities.  The financial counselor processes submitted applications for assistance and grants approvals based on established guidelines.  The financial counselor communicates with the patient to gain additional information and to communicate approval or denial for assistance.  The work of the financial counselor supports Centra efforts in the use of foundation funds and appropriate charity desgination. 

Average salary estimate

$70000 / YEARLY (est.)
min
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$60000K
$80000K

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What You Should Know About Revenue Cycle Financial Counselor-full time, Centra Health

Are you ready to make a positive impact on people's lives? At Centra, we're looking for a full-time Revenue Cycle Financial Counselor to join our dynamic team in Newington Forest, Virginia. This isn’t just about numbers; it's about being a caring guide for our patients as they navigate their financial options. As our Financial Counselor, you'll connect with patients to discuss payment plans and explore various financial assistance opportunities that can make their healthcare more affordable. Your role will involve processing applications for assistance, and assessing them based on established guidelines. You'll have the important task of communicating approval or denial to patients, making sure they understand their options every step of the way. Your efforts will directly support Centra's mission by ensuring the effective use of foundation funds and appropriate charity designations. If you thrive in a supportive, fast-paced environment and enjoy aiding others while managing financial processes, we would love to hear from you! Join us at Centra and be a part of something meaningful.

Frequently Asked Questions (FAQs) for Revenue Cycle Financial Counselor-full time Role at Centra Health
What are the main responsibilities of a Revenue Cycle Financial Counselor at Centra?

As a Revenue Cycle Financial Counselor at Centra, your main responsibilities will include communicating with patients to discuss payment options, providing information on financial assistance opportunities, processing applications for assistance, and making approval decisions based on established guidelines. You’ll be pivotal in helping patients understand their financial options and ensuring they receive necessary support.

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What qualifications are required for the Revenue Cycle Financial Counselor position at Centra?

To excel as a Revenue Cycle Financial Counselor at Centra, you typically need a background in finance, healthcare, or a related field, alongside excellent communication and interpersonal skills. Familiarity with financial assistance programs and healthcare billing processes is preferred. A compassionate approach and strong problem-solving skills will make you an ideal candidate for this role.

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How does the Revenue Cycle Financial Counselor support the financial health of patients at Centra?

The Revenue Cycle Financial Counselor supports the financial health of patients at Centra by actively communicating with them to explore payment options and financial assistance programs. By providing clear information about their financial responsibilities and guiding them through applications for assistance, you help alleviate their financial concerns, promoting access to necessary healthcare services.

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What role does the Revenue Cycle Financial Counselor play in financial assistance applications at Centra?

In the Revenue Cycle Financial Counselor role at Centra, you play a crucial role in processing financial assistance applications. You’ll be responsible for reviewing and approving applications based on established criteria, as well as communicating the outcomes to the patients. Your efforts ensure that patients receive the financial support they need, thereby enhancing their experience with our healthcare system.

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What skills are essential for a successful Financial Counselor at Centra?

Essential skills for a successful Financial Counselor at Centra include strong communication abilities, empathy, attention to detail, and knowledge of financial assistance programs. Being able to navigate complex financial situations with clarity and responsibility is key to providing effective support to patients, helping ensure they receive the care they deserve.

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Common Interview Questions for Revenue Cycle Financial Counselor-full time
How do you approach financial counseling for patients who are anxious about their medical bills?

When addressing anxious patients, I prioritize empathy and active listening. I would first acknowledge their feelings and then clearly explain their options regarding payment plans and financial assistance. Ensuring they understand the process can reduce their anxiety and make them feel supported.

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Can you describe your experience with financial assistance programs?

I have worked closely with various financial assistance programs, ensuring that I stay updated on eligibility requirements and guidelines. My role often involved processing applications and helping patients navigate these programs, allowing me to recognize the critical impact such assistance has on their healthcare access.

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What strategies do you use to communicate complex financial information effectively?

To communicate complex financial concepts, I break down the information into simpler terms and use real-life examples whenever possible. Visual aids can also be helpful. My goal is to ensure patients fully understand their options and are not overwhelmed by the details.

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How do you stay organized when handling multiple patient cases simultaneously?

I utilize a combination of digital tools and prioritization techniques. By setting deadlines and regularly updating my task lists, I can keep track of each patient’s case while ensuring no one feels overlooked.

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Describe a time when you had to handle a difficult situation with a patient.

In a past role, a patient was upset about a denied financial assistance application. I listened patiently to their concerns, empathized with their situation, and explained the criteria for the decision. I then worked with them to explore alternative options, ensuring they felt supported and valued.

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What do you consider when assessing financial assistance applications?

When assessing applications, I consider the patient’s income, expenses, and overall financial situation according to established guidelines. It’s crucial to ensure fairness and transparency, allowing each patient to receive appropriate consideration for support.

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How do you ensure patient confidentiality while handling financial cases?

I adhere strictly to privacy regulations and company policies regarding confidentiality. This includes only discussing patient information with authorized personnel and implementing secure methods for record-keeping and communication.

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What motivates you in the role of a Financial Counselor?

I am motivated by the opportunity to make a real difference in patients' lives. Knowing that my work helps alleviate financial stress and enhances access to healthcare keeps me passionate and dedicated to my role.

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Can you give an example of how you've contributed to a team in a similar role?

In a previous role, I collaborated with healthcare providers and billing departments to improve the patient referral process for financial assistance. This teamwork led to better communication and faster service for patients, which boosted overall patient satisfaction.

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How do you keep updated with changes in financial regulations affecting the healthcare sector?

I regularly participate in training sessions, attend workshops, and subscribe to industry newsletters to stay informed about changes in financial regulations affecting healthcare. Staying knowledgeable helps me provide the best support and advice to patients.

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Centra Health is a constellation of hospitals, medical practices, outpatient facilities, and other services targeting the health care needs of residents in central Virginia. At the not-for-profit entity's core are two acute care facilities in Lync...

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Full-time, on-site
DATE POSTED
April 10, 2025

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