Full-Time

Supv Financial Counseling

Updated on 11/19/2024

R1 RCM

R1 RCM

10,001+ employees

Revenue cycle management solutions for healthcare

Enterprise Software
Healthcare

Compensation Overview

$47.2k - $74.8kAnnually

Mid

Nashville, TN, USA + 1 more

More locations: Murfreesboro, TN, USA

Requires weekly travel to Nashville and Murfreesboro.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Customer Service
Data Analysis
Requirements
  • High school diploma
  • Minimum 2 years experience within healthcare operations
  • Excellent customer service skills exhibiting patience, empathy, and compassion
  • Strong oral and written communication skills.
  • Solid computer skills (internet, email, MS Office 365)
  • Ability to prioritize, multi-task and work in a fast-paced, high-volume environment.
  • Flexible schedule to support business needs.
  • Strong leadership skills; must act as a role model and mentor to team members
  • Ability to establish oneself as a peer with a positive attitude and a trusted partner for our clients
Responsibilities
  • Supervise staff in accordance with organizational principals and local leadership philosophies.
  • Assist in establishing and implementing initiatives as directed by leadership to facilitate best in class uninsured patient screenings and conversion activities.
  • Support training and onboarding activities of new associates. Assist with recruiting activities as needed.
  • Recommend and make updates to operating guides, job aids, and other training materials as needed.
  • Encourage team members to expand their knowledge base by taking on stretch opportunities and encourage willingness to perform duties outside of their day-to-day responsibilities.
  • Lead regular 1:1 meetings with associates as needed to progress initiatives, address performance, and provide mentorship.
  • Develop content for and/or lead daily/weekly team meetings with staff as directed by leadership including detailed review of financial counseling metrics and holding team members accountable for performance targets.
  • Conduct regular onsite leadership rounding, including quality measurement of staff to patient interactions and coaching.
  • Work in partnership with leadership team to execute staffing coverage strategy and service line prioritization.
  • Regularly track and report out on employee responsibilities, shift schedules, and Leave coverages.
  • Drive excellent customer service by demonstrating and coaching associates on methods of going above and beyond to create a great experience for patients.
  • Supervise a team of associates responsible for completing financial screening for uninsured patients and identify financial assistance programs for patients unable to meet their financial obligations.
  • Perform screening and conversion activities where needed as dictated by business need, such as out of office coverage or case escalations.
  • Research Medicaid and other Funding Source eligibility, enrollment, and documentation requirements for acute hospital accounts.
  • Ensure appropriate Medicaid and other Funding Source eligibility, enrollment, and documentation requirements for acute hospital accounts are integrated into all associate protocols.
  • Monitor Financial Counseling account actions to assure that guidelines and policies are being followed.
  • Evaluate process and procedures and coordinate with the National Financial Counseling leadership team to promote best in class uninsured patient screenings and conversion activities.
  • Serve 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.
  • Establish working relationships with internal and external counterparts to facilitate collaboration.
  • Address escalated at-risk accounts and ensure effective execution for delays of service for any elective, non-urgent admissions, procedures and scheduled diagnostic testing which have not been approved prior to the date of service.
  • Provide support to address high level escalations from internal and external leadership.
  • Prepare, analyze, and provide daily, weekly, and/or monthly key metrics reports as assigned.
  • Monitor and address individual associate performance deficiencies as needed.
  • Monitor Financial Counseling team performance to assure that performance targets are met and applicable guidelines and policies are being followed.
  • Develop and coach associates as needed to support career growth and promote high-quality activity.
  • Perform in-depth analysis of performance and productivity metrics to identify root causes of defects and areas of opportunity.
  • Perform periodic site visits to assess financial counseling operations.
  • Perform 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 comprehensive services that cover all aspects of the revenue cycle, from patient registration to billing and collections. Their goal is to enhance the financial performance of healthcare organizations while allowing them to focus more on patient care.

Company Stage

Acquired

Total Funding

N/A

Headquarters

Murray, Utah

Founded

N/A

Growth & Insights
Headcount

6 month growth

12%

1 year growth

23%

2 year growth

37%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition by TowerBrook Capital Partners and CD&R for $8.9 billion reflects strong investor confidence and potential for growth.
  • R1 RCM's advanced RCM solutions, like R1 Professional, are widely adopted by large hospital-owned medical groups, indicating robust market penetration.
  • The company's strategic focus on automation and AI in handling clinical denials appeals positions it well to address rising healthcare financial pressures.

What critics are saying

  • The recent cyberattack and customer bankruptcy have negatively impacted R1's revenue outlook for 2024, highlighting vulnerabilities in its operations.
  • The competitive landscape in the RCM sector is intense, with potential for market share erosion by emerging technologies and new entrants.

What makes R1 RCM unique

  • R1 RCM's focus on end-to-end RCM solutions tailored for healthcare providers sets it apart from competitors who may offer more generalized financial services.
  • The company's use of intelligent automation to streamline revenue cycle processes provides a competitive edge in reducing administrative burdens and improving patient satisfaction.
  • R1 RCM's performance-based incentive contracts align its success with that of its clients, fostering long-term partnerships and trust.

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