Financial counselors help patients pay on time

Written by Reed Tinsley | July 25, 2008

A financial counselor enhances practice satisfaction and serves as a marketing tool for your practice. He or she can save the patient time and trouble by coordinating good up-front payment and following up well. Patients appreciate your organization and attention. And, as a practical matter, a financial counselor gets the money in.

If you already have a patient advocate on staff, make the financial counselor’s duties a natural extension of that role. Otherwise, consider combining job duties with these corresponding ones:

  • procedure coding
  • major charge entry
  • surgery precertification or scheduling
  • delinquint account collections

About the Author

Reed Tinsley CPA

This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on accounting & tax, practice management, and financial planning. Schedule a Free Consultation.

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