AI summary
The Funding Verification Specialist verifies insurance benefits, determines funding options, and assesses the viability of cases to support device trials for clients in need.
Job Description
Purpose: The Funding Verification Specialist is responsible for verifying insurance benefits, determining appropriate funding and payment options, and assessing case/deal viability to support successful device trials and procurement so that appropriate candidates may trial and procure a Lingraphica device.
Essential Duties & Responsibilities:
- Acquire insurance benefit coverage via phone or online portal
- Interpret benefit coverage information to determine anticipated costs for clients
- Use discernment and judgment to evaluate the accuracy, completeness, and reliability of insurance benefit information and identify discrepancies or gaps requiring additional verification
- Assess case viability by evaluating expected reimbursement, payor requirements, funding criteria, and the likelihood of successful reimbursement prior to initiating a trial.
- Determine device trial funding options based on the patient’s insurance coverage
- Recognize and identify potential coordination of benefits (COB) issues and proactively engage with the patient and/or care partner to gather information and assist in resolving discrepancies.
- Review benefits for accuracy prior to sale
- Clearly communicate funding determinations, potential barriers, and recommended next steps clearly to internal teams and, when appropriate, patients and care partners.
- Maintain accurate, complete, and compliant documentation of insurance verification, funding determinations, patient records, and related communications in accordance with HIPAA, Medicare, and organizational requirements.
- Proactively communicate with team members regarding identified potential issues and concerns
- Maintain patient records according to HIPAA and Medicare guidelines
- Track and trend issues to aid in the resolution and prevention of repeat problems
- Complete all administrative functions, such as data entry, associated with sales activities in a timely manner and in accordance with established processes
- Identify and escalate priority issues and proactively follow up on tasks
- Perform other duties and special projects as assigned
Requirements
Skills and Competencies:
- Knowledge of insurance plans, funding sources, and reimbursement processes related to Durable Medical Equipment (DME).
- Strong data entry, documentation, and organizational skills with a high level of accuracy and attention to detail.
- Methodical approach to gathering information, conducting research, and resolving issues effectively.
- Effective verbal and written communication skills with a professional, customer-focused approach.
- Compassion for individuals with disabilities and the ability to communicate effectively with clients who have speech impairments.
- Ability to build rapport and maintain professionalism when interacting with clients, caregivers, providers, and internal stakeholders.
- Strong critical thinking and problem-solving skills, with the ability to assess risk and make informed decisions.
- Ability to exercise sound independent judgment within established guidelines and appropriately escalate complex or high-risk situations.
- Ability to identify alternative solutions, evaluate options, and recommend appropriate courses of action.
- Demonstrates adaptability in response to changing priorities, processes, and business needs.
- Exhibits innovative thinking and a willingness to explore new approaches to improve outcomes and efficiency.
- Open to giving and receiving feedback, with a commitment to continuous learning and professional growth.
- Ability to manage multiple priorities and maintain consistent performance in a fast-paced, process-driven environment.
- Strong attention to detail while balancing productivity, quality, and timeliness.
- Maintains a sense of urgency and takes ownership of responsibilities through to resolution.
- Proactive, solutions-oriented mindset with the ability to anticipate challenges and address them effectively.
- Demonstrates accountability, follow-through, and ownership of assigned work.
- Takes initiative to identify opportunities for improvement and contribute to team and organizational success.
Education and Experience
- High School Diploma or GED, required
- Associate's degree or equivalent combination of education and experience, preferred
- 3 years of healthcare, insurance, DME, medical billing, benefits verification, or related experience, required
- Experience with Medicare, Medicaid and Commercial insurance, required
- Experience in customer service and/or administrative support, preferred
- Experience with Microsoft Office, TrueSight, Inovalon, or HubSpot, preferred
About the job
- Posted on
- Aug 14, 2026
- Job type
- Full-time
- Location
- Princeton, NJ, usOn-site
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