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TH
Texas Health Resources
Financial Counselor
Entry-Level JobVerifiedNo experience needed
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What they do
A Financial Counselor works with customers on providing debt-relief services, usually working on prioritizing payment and encouraging customers to complete debt obligations.
$75,317 / year median in Texas
+14% projected growth
Job Description
Financial Counselor
Financial Counselor
Bring your passion to Texas Health So We Are Better + Together
Work Location:
Texas Health Denton, 3000 N Interstate 35, Denton, TX 76201Work Hours:
Full-Time; Wednesday - Sunday from 7:00am to 3:30pmDepartment Highlights:
Great working environment with plenty of learning opportunities. Opportunity to work in a fast pace multi department environment. Ability to interact and become familiar with all other hospital departments. Friendly family-orientated environment. QualificationsHere's What You Need:
Education- High School Diploma or Equivalent required. Experience
- 1 year collections experience preferred.
- 2 years hospital admissions experience preferred.
- Other hospital and physician office experience preferred.
- Medical insurance verification and scheduling experience preferred.
- Birth Certifications experience preferred. Licenses and Certifications
- CHAA - Certified Healthcare Access Associate Upon Hire preferred
- CPI - Crisis Prevention Intervention Training 90 Days required Skills
- Strong communication and interpersonal skills with a focus on customer service and patient advocacy.
What You Will Do:
Patient Financial Advocacy & Counseling- Helps patients understand their insurance benefits, financial responsibilities, and available assistance programs in a compassionate and clear way.
- Provides accurate cost estimates, set up payment plans, and assist with financial assistance applications.
- Advocates for patients by explaining coverage options and working with external agencies to secure funding when needed.
- Identifies potential coverage gaps and educate patients about their financial options before services are rendered Insurance Verification & Pre-Authorization
- Verifies insurance benefits and ensure pre-authorization requirements are met before scheduled services.
- Works closely with physician offices, case managers, and patients to prevent unexpected financial burdens.
- Assists in resolving claim denials and explain Explanation of (EOBs) in easy-to-understand terms.
- Utilizes online tools, databases, and insurance portals to ensure accurate eligibility verification. Financial Clearance & Revenue Cycle Support
- Ensures a smooth patient experience by managing Financial Clearance Work queues and providing Good Faith Estimates (GFE).
- Records and maintain accurate patient demographic and financial data in our electronic health records (EHR) system.
- Assist patients with Medicaid applications, financial assistance forms, and public assistance programs.
- Works alongside facility leadership and revenue cycle teams to maximize reimbursement and minimize financial barriers. Customer Service & Patient Experience
- Applies superior customer service skills to set expectations about the patient experience and use THR principles to deliver top-tier customer service.
- Maintains a friendly, professional, and empathetic approach when discussing financial matters with patients and families.
- Collaborates with clinical teams and patient navigators to ensure financial processes do not delay care.
- Serves as a mentor to new team members, sharing knowledge and best practices. Administrative & Compliance Responsibilities
- Stays up to date on federal, state, and hospital financial policies to ensure compliance with regulations.
- Participate in staff meetings, training sessions, and process improvement initiatives.
- Keeps detailed records of financial discussions and transactions in patient accounts.
- Identifies ways to improve financial counseling processes to create a better experience for both patients and the organization.