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

Evansville, IN, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Customer Service
Requirements
  • Must be up to date on all vaccines (including but not limited to annual flu shot)
  • Must pass a background check and drug screen
Responsibilities
  • Counseling uninsured and or under-insured patients to attempt to obtain a paying funding source
  • Using compassionate customer service to assist patients with navigating the financial aspect of their healthcare
  • Engaging with patients to provide detailed explanations of medical bills, insurance coverage, and financial assistance programs
  • Collecting patient information and entering it into multiple computer systems
  • Making phone calls to medical centers to solve issues
  • Using communication and problem-solving skills to address billing discrepancies and insurance-related issues
  • Helping people who may be very ill or worried
  • Accurately and compassionately explaining to the patient their financial obligations during the financial counseling session

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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