Full-Time

Financial Counseling Representative

Confirmed live in the last 24 hours

R1 RCM

R1 RCM

10,001+ employees

Revenue cycle management solutions for healthcare

Enterprise Software
Healthcare

Compensation Overview

$15.31 - $19.15Hourly

Entry, Junior

Somerset, KY, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Requirements
  • Previous experience as a financial counselor in a hospital or relevant healthcare setting is a plus but not required for the role.
  • Strong attention to detail
  • Ability to multi-task
  • Navigate between multiple systems simultaneously
  • Develop trust and rapport with patients
  • Communicate with compassion and authenticity relating to sensitive topics
Responsibilities
  • Providing assistance to uninsured patients and families in completing and filing Medicaid or assistance program applications with the appropriate agency and being familiar with all funding source options available
  • Contacting/checking insurance carriers and websites for non-automated eligibility and act as an advocate for the patient
  • When limited benefits plans are identified, counseling patients on their insurance benefits and recommending alternative sources of payment and financial assistance when appropriate
  • Providing patients and their families support with gathering necessary documents for Medicaid or assistance programs
  • Assisting in executing National Financial Counseling team initiatives to promote best in class uninsured patient screenings and conversion activities
  • Serving as liaison between Case Management, Clinical Staff, Medicaid Vendor, and Family Independence Agency to assist patients and families in completing assistance program applications and determine eligibility and coverage
  • Notifying manager, physician and servicing department of possible delay of service for any elective, non-urgent admissions, procedures and scheduled diagnostic testing which have not been approved prior to the date of service
  • Consistently meeting productivity goals and driving high quality work output; performing all other duties and projects as assigned

R1 RCM provides Revenue Cycle Management (RCM) solutions to healthcare providers, including hospitals and physician groups. The company uses technology to streamline financial and administrative processes, helping clients reduce costs and improve patient satisfaction. R1 RCM offers both comprehensive and targeted services for various parts of the revenue cycle, partnering with organizations through long-term contracts that often include performance-based incentives. The main goal is to enhance the patient experience while improving the financial performance of healthcare providers.

Company Stage

IPO

Total Funding

N/A

Headquarters

Murray, Utah

Founded

2003

Growth & Insights
Headcount

6 month growth

10%

1 year growth

23%

2 year growth

36%
Simplify Jobs

Simplify's Take

What believers are saying

  • R1 RCM's acquisition by TowerBrook and CD&R could enhance strategic growth opportunities.
  • The increasing demand for AI-driven RCM solutions aligns with R1 RCM's technology focus.
  • R1 RCM's comprehensive documentation is valued by clients, enhancing service credibility.

What critics are saying

  • Inconsistencies in turnaround times and accuracy may affect client satisfaction.
  • The $4.5 billion debt for acquisition could increase financial risk.
  • R1 RCM faces competition from firms like Xsolis in client satisfaction.

What makes R1 RCM unique

  • R1 RCM specializes in end-to-end Revenue Cycle Management for healthcare providers.
  • The company leverages intelligent automation to streamline financial and administrative processes.
  • R1 RCM offers performance-based contracts, aligning incentives with client financial outcomes.

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