Patient Financial Services Lead

The Patient Financial Services (PFS) Lead serves as a liaison for the assigned teams and leadership, and functions as a level of leadership support for each team. Monitors staff productivity metrics and provides coaching as needed, provides training and schedules shadowing for all new hires during onboarding and afterward, and is the subject matter expert to support the team. Completes quality claim audits to help ensure staff are moving claims to payment. Provides oversight on high dollar claims and oversees claim adjustments submitted by the team, approving or denying after claim review. Collaborates with payers' liaisons to verify processing and payment of claims, resolving aged accounts and escalating claim denials to maximize cash collections. Possesses a higher-level skillset of up-to-date knowledge of payer claim processing rules, reimbursement policies and regulations.

Additional Information
Department Name:
Job Status: Full time, 40 hours per week
Shift: Day, Monday to Friday 8am to 4:30pm

Duties & Responsibilities

• * Provides training of all tasks and workflows to all employees on assigned team, including new hires.
• * Handles escalated payer and patient calls and proficiently discusses accounts, records, and services with patients/families. Maintains PFS e-mail box and is the liaison to other departments within CHCO.
• * Recognizes deviations from contractual expectation and payor activities/decisions, recognizes gaps in payment/reasoning or system errors. Corrects rejected, incomplete, and/or errored claims in Epic and FinThrive.
• * Responsible for trending and analysis - identifying root cause with solution-oriented mindset. Identifies and prioritizes accounts and work queues, based on type, payor, dollar, etc. Identifies trends within payers and escalates as necessary to payers, managed care, or government affairs.
• * Responsible for QA and productivity measures to ensure timely feedback and resolution of escalated accounts. Assigns work assignments to the team.
• * Reviews team adjustment requests for approval or denial, coaching team as needed.
• * Acts on behalf of supervisor and/or other leadership when needed, inclusive of acting as on-site leadership coverage with other PFS Leads. Assists in facilitating meetings with/for supervisor. Holds daily huddles, ensuring that changes and updates are communicated to the team.
• * Partners with supervisor and analysts on payer forums, as well as process improvements. Helps create policies and processes for the PFS teams.
• * Responsible for updating insurance coverage after claim has been generated and/or updating guarantor/patient demographics. Conducts rudimentary EOB/insurance processing review.
• * Initiates coding or charge reviews to Research Institute (RI) and Health Information Management (HIM). Has In depth understanding and investigative skills required to review claim segments, Identify modifiers, taxonomy, and NPI concerns.
• * Sends simple appeals for timely filing, late discovery, other basic denials. Follows up with insurance companies for reprocessing of claims and status of appeals.
• * Handles advanced projects, such as drafting appeals for HMS, LIDS and Ceris Audits. Completes audit process. Sends detailed appeals for LOMN, LOS, other advanced denials.

Minimum Qualifications

• Degrees
  • High School diploma or GED
• Area of Study
  • Not Applicable
• Experience
  • Minimum Experience Required:Five (5) years of healthcare and/or accounts receivable experience.
• Equivalency
  • Not Applicable
• Licenses & Certifications
  • None
• Additional Requirements
  • Not Applicable
• Competency
  • None

Salary Information
Pay is dependent on applicant's relevant experience.

Hourly Range: $23.31 to $34.97

Benefits Information
Here, you matter. As a Children's Hospital Colorado team member, you will receive a competitive pay and benefits package designed to take care of your needs that includes base pay, incentives, paid time off, medical/dental/vision insurance, company provided life and disability insurance, paid parental leave, 403b employer match (retirement savings), a robust wellness program, and access to professional development tools, including an education benefit to help you advance your career.

As part of our Total Rewards package, Children's Colorado offers an annual employee bonus program that rewards eligible team members based on organizational performance. If organizational goals are met for the year, the bonus is paid out the following April.

Children's Colorado delivers annual base pay increases to eligible team members based on their performance over the previous year.

EEO Statement
It is our intention that all qualified applicants be given equal opportunity and that selection decisions be based on job-related factors. We do not discriminate on the basis of race, color, religion, national origin, sex, age, disability, or any other status protected by law or regulation. Be aware that none of the questions are intended to imply illegal preferences or discrimination based on non-job-related information. The position is expected to stay open until the posted close date. Please submit your application as soon as possible as the posting is subject to close at any time once a sufficient pool of qualified applicants is obtained.

Colorado Residents: In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of attendance at or graduation from an educational institution. You will not be penalized for redacting or removing this information.