Let’s get started
By clicking ‘Next’, I agree to the Terms of Service
and Privacy Policy
Jobs / Job page
Financial Assessor Patient Accounting-Medicaid Claim Follow-up (Hybrid)  image - Rise Careers
Job details

Financial Assessor Patient Accounting-Medicaid Claim Follow-up (Hybrid)

Company Description

At Northwestern Medicine, every patient interaction makes a difference in cultivating a positive workplace. This patient-first approach is what sets us apart as a leader in the healthcare industry. As an integral part of our team, you'll have the opportunity to join our quest for better healthcare, no matter where you work within the Northwestern Medicine system. At Northwestern Medicine, we pride ourselves on providing competitive benefits: from tuition reimbursement and loan forgiveness to 401(k) matching and lifecycle benefits, we take care of our employees. Ready to join our quest for better

Job Description

The Financial Assessor - Patient Accounting reflects the mission, vision, and values of NM, adheres to the organization’s Code of Ethics and Corporate Compliance Program, and complies with all relevant policies, procedures, guidelines and all other regulatory and accreditation standards.

Must reside in the Chicagoland area or state of IL

Responsibilities:

  • Consistently meet the current productivity and quality standards in timely resolution of all claim edits, reporting of candidates for bill, outbound compliant claim submission, clinical documentation requirements and any other communication required (verbal or written) regarding claims ensuring timely filing of claims and clean, complete and accurate claims.
  • Consistently meet or exceed productivity standards, targets, error ratios, and reporting requirements as assigned by the Patient Accounting Lead Financial Assessor and Operations Coordinator.
  • Timely follow-up and collection of third party payer receivables.
  • Denials and Appeals follow-up including root cause analysis to reduce/prevent future denials while working to overturn denials for payment resolution.
  • Compliant follow-up correspondence to third party payers regarding outstanding accounts receivables (i.e. Statements, letters, e-mails, faxes, portal mail, etc.).
  • Support the operations related to optimum third party accounts receivables (i.e. Managed Care, Commercial, Medicare, Medicaid, Replacement plans, Workers Compensations, Corporate Accounts, Research, and Specialty AR Accounts).
  • Perform daily, systematic reviews of work lists to ensure all accounts already to be worked are completed.
  • Utilize Government, Commercial, and regulatory guidelines for collection of outstanding accounts.
  • Recommend accounts for contractual or administrative write-off and provide appropriate justification and documentation.
  • Demonstrate excellent customer service through oral and written communication in providing assistance/expertise to patients, authorized guarantors, and other external and internal contacts.
  • Practice HIPAA privacy standards and ensure compliance with patient health information privacy practices.
  • Provide individual contribution to the overall team effort of achieving the department accounts receivable goals.
  • Identify opportunities for customer, system and process improvement and submit to management.
  • Demonstrate proficient use of systems and execution of processes in all areas of responsibilities.
  • Follow the NMHC general Policy and Procedures, the Departmental Policy and Procedures, and any Emergency Preparedness Procedures.
  • Follow JCAHO and outside regulatory agencies mandated rules and procedures.
  • Utilize assigned menus and pathways in the hospital mainframe system and report software application problems to the appropriate supervisor.
  • Utilize assigned menus and pathways in external software applications and report software application problems to the appropriate supervisor.
  • Utilize assigned computer hardware and report hardware problems to the appropriate supervisor.
  • Participate in the testing for assigned software applications, including verification of field integrity.
  • Assist the Patient Accounting Operational Coordinator and Patient Accounting Team Lead Financial Assessor with special projects and other duties as assigned, as necessary.
  • Attend training and seminars as assigned and approved by the Patient Accounting Operations Coordinator.

AA/EOE.

Qualifications

Required:

  • High School Diploma.
  • 1 year of related work experience or college degree.
  • Working knowledge of physician and facility billing and follow-up including understanding of insurance rules and regulations especially Medicare and Medicaid.
  • Knowledge of HIPAA standards.
  • Ability to perform mathematical calculations.
  • Excellent communication skills when dealing with patients, families, public, co-workers, and professional offices.
  • Basic knowledge of medical terminology and billing practices.
  • Extensive experience and knowledge of PC applications, including Microsoft Office and Excel.
  • Ability to:
    • Learn quickly and meet continuous timelines.
    • Exhibit behaviors consistent with principles of excellent service.
    • Demonstrate and maintain competency as required for job title and the unit/area(s) of assignment.
    • Exhibit behaviors consistent with standards of performance improvement and NMHC values.

Preferred:

  • 2+ years college or college degree.
  • Call center, telephone work experience or cash collections experience.
  • Knowledge of Epic Systems, Availity, EQ Health, and Clearing House
  • Two (2) years of progressive work experience in a hospital/ physician billing or SBO environment.
  • Detail-oriented, good organizational skills, and ability to be self-directed.
  • Strong time management skills, managing multiple priorities and a heavy workload in a high-stress atmosphere.
  • Flexibility to perform other tasks as needed in an active work environment with changing work needs.
  • High-level of problem solving, analytical, and investigative skills.
  • Excellent internal/external customer service skills.
  • Excellent communication skills to include oral and written comprehension and expression.

Additional Information

Northwestern Medicine is an affirmative action/equal opportunity employer and does not discriminate in hiring or employment on the basis of age, sex, race, color, religion, national origin, gender identity, veteran status, disability, sexual orientation or any other protected status.

Average salary estimate

$57500 / YEARLY (est.)
min
max
$50000K
$65000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Financial Assessor Patient Accounting-Medicaid Claim Follow-up (Hybrid) , Northwestern Memorial Healthcare

If you're looking to make a significant impact in the healthcare industry, look no further than the Financial Assessor - Patient Accounting role at Northwestern Medicine. Based in Chicago, IL, this hybrid position is all about ensuring that our patients receive the care they deserve, while navigating the complex world of Medicaid claims. In this role, you'll be integral in analyzing claims edits, following up on third-party payer receivables, and addressing any denials that arise – all with a focus on outstanding service. With the support of a collaborative team, you'll find opportunities to exercise your problem-solving skills and suggest improvements to enhance our operations. Plus, we believe in fostering a healthy work-life balance, which is why we offer competitive benefits such as tuition reimbursement and 401(k) matching. If you have a knack for detail and a passion for making a difference, the Financial Assessor position is the perfect opportunity to use your skills in a meaningful way. Join us at Northwestern Medicine and be a part of our mission to provide exceptional healthcare.

Frequently Asked Questions (FAQs) for Financial Assessor Patient Accounting-Medicaid Claim Follow-up (Hybrid) Role at Northwestern Memorial Healthcare
What responsibilities does a Financial Assessor at Northwestern Medicine have?

As a Financial Assessor - Patient Accounting at Northwestern Medicine, you play a vital role in ensuring the timely resolution of claim edits, the follow-up and collection of third-party payer receivables, and a thorough handling of denials and appeals. Your duties include maintaining compliance with HIPAA standards, conducting systematic reviews of accounts, and supporting the operations related to various third-party accounts receivables like Medicaid and Medicare. This position is essential for nurturing our patient-first ethos.

Join Rise to see the full answer
What qualifications are required for the Financial Assessor position at Northwestern Medicine?

To qualify for the Financial Assessor - Patient Accounting role at Northwestern Medicine, you need at least a high school diploma or one year of related work experience. Proficiency in medical terminology, billing practices, and knowledge of insurance rules, especially those related to Medicare and Medicaid, is crucial. Excellent communication skills and the ability to manage multiple priorities effectively are also required to succeed in this dynamic environment.

Join Rise to see the full answer
How can one excel as a Financial Assessor at Northwestern Medicine?

Excelling as a Financial Assessor - Patient Accounting at Northwestern Medicine involves consistently meeting productivity and quality standards, demonstrating great customer service, and effectively analyzing claims to resolve issues promptly. Utilize your problem-solving skills to identify opportunities for improvement, manage your time efficiently, and stay updated on industry regulations and best practices. Being a proactive and detail-oriented individual will make you a key contributor to the team.

Join Rise to see the full answer
What benefits does Northwestern Medicine offer its Financial Assessors?

Northwestern Medicine offers a comprehensive benefits package for Financial Assessors, which includes tuition reimbursement, loan forgiveness, a 401(k) matching program, and a host of lifecycle benefits. We prioritize the well-being of our employees, making sure that your contributions to patient care are rewarded. You’ll also find a supportive environment that promotes continuous learning and career growth.

Join Rise to see the full answer
What is the work environment like for a Financial Assessor at Northwestern Medicine?

The work environment for a Financial Assessor - Patient Accounting at Northwestern Medicine is a blend of collaborative team efforts and independent tasks focused on meeting patient needs efficiently. You'll engage with various departments and utilize technology to streamline processes. The hybrid model allows for a balance between in-office collaboration and remote work, fostering a flexible atmosphere tailored to modern work preferences.

Join Rise to see the full answer
Common Interview Questions for Financial Assessor Patient Accounting-Medicaid Claim Follow-up (Hybrid)
Can you describe your experience with medical billing for Medicaid?

In answering this question, emphasize your familiarity with Medicaid regulations and practices, detailing any specific experiences where you successfully processed claims or managed denials. Highlight your understanding of compliance and how you ensure accurate billing practices in accordance with Medicaid guidelines.

Join Rise to see the full answer
How do you handle high-stress situations in a busy work environment?

Provide specific examples of how you remain calm and focused under pressure. Reflect on previous experiences in fast-paced environments, mentioning your time management techniques and how you prioritize tasks effectively to meet deadlines without compromising quality.

Join Rise to see the full answer
What steps do you take to ensure compliance with HIPAA standards?

Discuss your knowledge of HIPAA regulations and share your approach to safeguarding patient information. Mention any specific practices you follow, such as using secure communication methods and maintaining confidentiality during billing processes.

Join Rise to see the full answer
Describe a time when you identified a process improvement opportunity.

In your response, present a clear scenario where you successfully identified and implemented a process improvement. Explain the context, what steps you took to propose the change, and how it positively impacted productivity or efficiency.

Join Rise to see the full answer
How do you maintain accuracy when handling multiple claims?

Highlight your organizational skills and attention to detail. Share techniques you use, such as creating checklists, utilizing software tools, and conducting regular audits of your work to ensure every claim is accurate before submission.

Join Rise to see the full answer
What methods do you use to follow up on outstanding claims?

Discuss the systematic approach you take to follow up on claims, including tracking timelines, maintaining communication with payers, and using data analytics to highlight accounts that need immediate attention. Your response should reflect your proactive and thorough nature.

Join Rise to see the full answer
Can you explain your understanding of the appeals process?

Clarify your understanding of the appeals process, breaking down the steps involved when a claim is denied. Mention your experience in writing appeals and incorporating relevant documentation to support a successful outcome.

Join Rise to see the full answer
What do you enjoy most about working in patient accounting?

Share your passion for patient-centric care and how fulfilling it is to assist patients with their financial processes while ensuring they receive the necessary healthcare services. Discuss how helping patients navigate billing complexities aligns with your values.

Join Rise to see the full answer
How do you stay updated with industry changes affecting Medicaid and insurance rules?

Refer to your commitment to continuous learning. Mention resources such as industry publications, webinars, and professional networks that keep you informed of changes in Medicaid, Medicare, and other insurance regulations.

Join Rise to see the full answer
How would you describe your communication style when dealing with patients and coworkers?

Explain your communication style, emphasizing clarity, empathy, and professionalism. Share examples of how you effectively engage with patients to address their concerns while collaborating with team members to ensure cohesive workflow.

Join Rise to see the full answer
Similar Jobs
Photo of the Rise User
Posted 7 days ago
Inclusive & Diverse
Collaboration over Competition
Fast-Paced
Growth & Learning
Empathetic
Posted 18 hours ago
Photo of the Rise User
Posted yesterday
Jobot Remote Jackson, TN
Posted yesterday
Photo of the Rise User
Posted 6 days ago

Northwestern Medicine is the collaboration between Northwestern Memorial HealthCare and Northwestern University Feinberg School of Medicine. The entities involved in Northwestern Medicine remain separate organizations. Northwestern Medicine is a t...

383 jobs
MATCH
Calculating your matching score...
FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
December 12, 2024

Subscribe to Rise newsletter

Risa star 🔮 Hi, I'm Risa! Your AI
Career Copilot
Want to see a list of jobs tailored to
you, just ask me below!