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Financial Counselor

About Equip 

Equip is the leading virtual, evidence-based eating disorder treatment program on a mission to ensure that everyone with an eating disorder can access treatment that works. Created by clinical experts in the field and people with lived experience, Equip builds upon evidence-based treatments to empower individuals to reach lasting recovery. All Equip patients receive a dedicated care team, including a therapist, dietitian, physician, and peer and family mentor. The company operates in all 50 states and is partnered with most major health insurance plans. Learn more about our strong outcomes and treatment approach at www.equip.health.

Founded in 2019, Equip has been a fully virtual company since its inception and is proud of the highly-engaged, passionate, and diverse Equisters that have created Equip’s culture.  Recognized by Time as one of the most influential companies of 2023, along with awards from Linkedin and Lattice, we are grateful to Equipsters for building a sustainable treatment program that has served thousands of patients and families.

About the role 

The Financial Counselor will be responsible for assisting patients and their families in understanding their insurance reimbursements, payment plans, and any aspects of the patient financial account. The Financial Counselor is customer-focused and has the ability to multitask in a fast-paced environment.

Responsibilities 

  • Answer patients’ billing questions succinctly and within an average of 24 hours.

  • Assist patients in understanding their benefits information.

  • Set up and track payment plans.  

  • Ensure weekly, monthly, and quarterly department goals are met.

  • Represent Equip Health professionally and with a positive attitude.

  • Comply with all elements within HIPAA and the Privacy Act.

  • Perform other duties as assigned. 

Qualifications 

  • 2 years of medical billing/insurance verification or financial counseling experience.

  • Strong billing knowledge.

  • Ability to maintain good work habits and be available during the working day for calls (depending on time zone).

  • Strong oral and written communication skills with excellent customer service skills. 

  • Strong organizational and time management skills with a proven track record of being able to work independently and problem solve. 

  • Comfortable in a fast-paced environment, subject to rapid change and innovation.

  • Microsoft Office and Google Suite experience. 

  • Strong attention to detail.

Time Off: 

  • Flex PTO policy (3-5 wks/year recommended) + 11 paid company holidays.

Medical Benefits: 

  • Competitive Medical, Dental, Vision, Life, and AD&D insurance.

  • Equip pays for a significant percentage of benefits premiums for individuals and families.

  • Maven, a company paid reproductive and family care benefit for all employees. 

  • Employee Assistance Program (EAP), a company paid resource for mental health, legal services, financial support, and more! 

Physical Demands 

Work is performed 100% from home with no requirement to travel. This is a stationary position that requires the ability to operate standard office equipment and keyboards as well as to talk or hear by telephone. Sit or stand as needed. 

At Equip, Diversity, Equity, Inclusion and Belonging (DEIB) are woven into everything we do. At the heart of Equip’s mission is a relentless dedication to making sure that everyone with an eating disorder has access to care that works regardless of race, gender, sexuality, ability, weight, socio-economic status, and any marginalized identity. We also strive toward our providers and corporate team reflecting that same dedication both in bringing in and retaining talented employees from all backgrounds and identities. We have an Equip DEIB council, Equip For All; also referred to as EFA. EFA at Equip aims to be a space driven by mutual respect, and thoughtful, effective communication strategy - enabling full participation of  members who identify as marginalized or under-represented and allies, amplifying diverse voices, creating opportunities for advocacy and contributing to the advancement of diversity, equity, inclusion, and belonging at Equip.

As an equal opportunity employer, we provide equal opportunity in all aspects of employment, including recruiting, hiring, compensation, training and promotion, termination, and any other terms and conditions of employment without regard to race, ethnicity, color, religion, sex, sexual orientation, gender identity, gender expression, familial status, age, disability, weight, and/or any other legally protected classification protected by federal, state, or local law. 

Average salary estimate

$60000 / YEARLY (est.)
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$50000K
$70000K

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What You Should Know About Financial Counselor, Equip Health

Join Equip as a Financial Counselor and become part of a groundbreaking team that’s transforming the treatment landscape for eating disorders. At Equip, a leading virtual evidence-based eating disorder treatment program, you will play a pivotal role in supporting patients and their families as they navigate the complexities of their financial responsibilities. Whether it's answering questions about insurance reimbursements or setting up payment plans, your customer-focused approach will be essential in helping families understand and manage their financial accounts. With our fully virtual setup, you will experience flexibility and engagement as you interact with patients, ensuring they receive timely answers within an average of 24 hours. Collaborating with a dedicated care team, you’ll embody the positive spirit of Equip as you contribute to our mission of providing accessible treatment for everyone. You will ensure that you meet departmental goals while maintaining compliance with HIPAA and the Privacy Act. This is more than just a job; it's an opportunity to make a genuine difference in people's lives. If you're passionate about financial counseling and meeting the critical needs of our patients, consider joining our dynamic team at Equip, where we pride ourselves on fostering a diverse, equitable, and inclusive workplace culture.

Frequently Asked Questions (FAQs) for Financial Counselor Role at Equip Health
What are the main responsibilities of a Financial Counselor at Equip?

As a Financial Counselor at Equip, your primary responsibilities will include assisting patients in understanding their financial obligations related to insurance reimbursements, responding to billing inquiries promptly, and setting up payment plans tailored to each patient's needs. You will ensure compliance with HIPAA and the Privacy Act, while also striving to meet departmental goals in a fast-paced and supportive environment.

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What qualifications are required to become a Financial Counselor at Equip?

To qualify for the Financial Counselor position at Equip, candidates should possess at least two years of medical billing, insurance verification, or financial counseling experience. Strong billing knowledge, excellent organizational and communication skills, and the ability to work independently are crucial. Candidates must also be comfortable using Microsoft Office and Google Suite, and display a solid attention to detail.

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How does Equip support the growth and well-being of their Financial Counselors?

Equip prioritizes the well-being of its Financial Counselors by offering a competitive benefits package, including medical, dental, and vision insurance, along with a flexible PTO policy and company-paid Employee Assistance Programs. Moreover, the company fosters a culture of diversity, equity, inclusion, and belonging, which extends to professional growth opportunities within the organization.

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What is the work environment like for a Financial Counselor at Equip?

The work environment for a Financial Counselor at Equip is entirely virtual, allowing you to work comfortably from home without the need for travel. The position requires excellent communication skills and the ability to adapt to a fast-paced, evolving healthcare landscape, all while ensuring to deliver compassionate support to patients and their families.

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What makes working at Equip a unique experience?

Working at Equip is a unique experience because you become part of a passionate team dedicated to making a meaningful impact on the lives of individuals facing eating disorders. The fully virtual structure, commitment to diversity, and emphasis on employee well-being shape a nurturing and collaborative culture that values every voice.

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Common Interview Questions for Financial Counselor
What motivated you to apply for the Financial Counselor position at Equip?

In your answer, emphasize your passion for helping individuals manage their financial responsibilities in a healthcare setting, as well as your admiration for Equip's mission to provide accessible treatment for eating disorders. Discuss how you believe that financial counseling plays a crucial role in a patient's treatment journey.

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Can you describe your experience with medical billing and insurance verification?

Discuss your hands-on experience in medical billing, highlighting specific software or systems you've utilized. Talk about your understanding of insurance policies and your success in resolving billing disputes or inquiries, showcasing your problem-solving skills that lead to positive outcomes for patients.

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How do you prioritize tasks in a busy environment?

Share strategies you employ to stay organized, such as using task management tools or prioritizing urgent tasks first. Illustrate your ability to manage time effectively by providing examples from your previous positions that demonstrate your multitasking skills and commitment to meeting deadlines.

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What approach do you take when explaining complex financial information to patients?

Explain your philosophy of simplifying information for better understanding. Reference techniques like using clear language, providing written summaries, or using visual aids to ensure patients feel informed and confident about their financial obligations.

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How do you ensure compliance with regulations like HIPAA in your role?

Discuss your understanding of the importance of patient privacy and confidentiality. Share specific practices you follow to maintain compliance, such as secure handling of documents, awareness of the regulations, and regular training for best practices in patient data management.

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Describe a time you resolved a challenging billing issue for a patient.

Provide a detailed example of a challenging situation where you took the initiative to resolve a billing issue. Highlight your problem-solving skills and your ability to effectively communicate with both patients and insurance providers to find a resolution that was satisfactory for all parties involved.

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What do you know about Equip and its mission?

Your response should reflect your researched knowledge about Equip's commitment to providing evidence-based treatment for eating disorders. Express your alignment with their mission and how your values resonate with their goals, specific programs, and their emphasis on diversity, equity, and inclusion.

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How do you handle stressful situations, especially when communicating with patients?

Share your techniques for staying calm and composed under pressure, such as taking deep breaths, actively listening to patient concerns, and maintaining empathy. Illustrate your methods with examples of how you’ve successfully managed stressful communications in past roles.

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What skills do you think are essential for a Financial Counselor?

Emphasize the importance of strong analytical skills, customer service, attention to detail, and effective communication. Discuss how these skills contribute to ensuring that patients feel supported, understood, and equipped to manage their financial matters throughout their treatment journey.

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What do you consider the most rewarding aspect of being a Financial Counselor?

Share your personal insights into why you find fulfillment in helping patients navigate financial challenges. Focus on the satisfaction that comes from supporting individuals during difficult times and how it positively impacts their overall treatment experience.

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Equity
MATCH
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FUNDING
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SENIORITY LEVEL REQUIREMENT
TEAM SIZE
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EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
March 15, 2025

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