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You will be updated with latest job alerts via emailThe Financial Clearance Specialist II is responsible for ensuring insurance eligibility benefit verification and the authorization processes are complete in the time allowed by the insurance companies to prevent denials or penalties. Specialist II are responsible for documenting accurate insurance information and authorization details to optimize reimbursement from both the payer and patient. The Specialist II must maintain strong working knowledge of insurance plans contract requirements and resources to facilitate appropriate insurance verification and authorization. Individuals must be able to run eligibility and secure full benefit coverage information (including COBRA when applicable) with insurance companies and employers confirm all demographic information is correct and ensure coordination of benefit (COB) and insurance plan codes are accurate. Specialist II must verify insurance coverage immediately for inpatient and outpatient accounts that are same day and next day addons. Financial Clearance Specialist II must determine if precertification preauthorization or a referral is required for insurance companies and obtain if applicable. The individual will be expected to communicate with providers and team regarding outofnetwork issues assess contracted and noncontracted payer issues and document outcomes and next steps. Specialist II must also determine communicate and collect patient liability prior to service and attempt to collect prior balances. Representatives are to conduct all transactions appropriately and consistently and complete Medicare Secondary Questionnaire accurately with the patient or patients representative. Specialist II must maintain compliance with HIPAA regulations as it pertains to the insurance processes. Representatives must maintain professional development by attending workshops inservices and webinars to remain uptodate on insurance rules and regulations in addition to changes within the industry. Financial Clearance Specialist II is responsible for submitting authorizations for lab diagnostic and hospital ambulatory services and all other services as required.
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Experience:Unclear Seniority
Full-Time