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2 Credit Officers job at Veteran Mission Hospital

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Job Detail

  • Job ID 1008076
  • Career Level  Others
  • Experience  2 Years
  • Industry  Finance
  • Qualifications  Degree Bachelor

Job Description

Key Responsibilities:
• Evaluate and assess the creditworthiness of patients seeking financial assistance for healthcare services.
• Develop and implement credit policies and procedures to minimize financial risk and ensure compliance with regulations.
• Negotiate payment plans and financial arrangements with patients based on their financial situations and hospital policies.
• Educate patients on available financial assistance programs and options.
• Monitor and follow up on overdue accounts receivable to ensure timely collections.
• Coordinate with billing and finance departments to reconcile accounts and resolve discrepancies.
• Maintain accurate and up-to-date records of patient credit transactions and communications.
• Provide regular reports on credit activities and account statuses to management.
• Handle inquiries and disputes related to patient accounts and credit arrangements.
• Collaborate with insurance companies and third-party payers to facilitate claims processing and payments.
• Ensure confidentiality and security of patient financial information in compliance with HIPAA and other privacy regulations.
• Participate in continuous training and professional development to stay updated on financial regulations and healthcare industry trends.
• Assist in the development and implementation of strategies to improve financial performance and patient satisfaction.

Required skills

• Diploma or Degree in Finance, Accounting, Business Administration, or a related field. • Excellent negotiation, communication, and interpersonal skills. • Minimum of 2 years of experience in credit management or financial services, preferably in a hospi • Proficiency in using financial software and Microsoft Office Suite. • Strong knowledge of credit evaluation principles, financial analysis, and risk management.

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