Financial Coordinator-Transgender Program-Mount Sinai Hospital-Full Time-Days

Position Title:

Financial Coordinator-Transgender Program-Mount Sinai Hospital-Full Time-Days

Position Summary:

The Financial Coordinator verifies insurance benefits for patients, determines patient liability and coordinates payment of uncovered medical expenses. Assists patients with insurance and payment issues and resolves problems as necessary.

• Obtains and verifies patients insurance benefit information from insurance companies or private payers regarding coverage for services.
• Obtains all necessary payer authorizations and acquires all required referrals for services to be provided.
• Negotiates modifies rates with carriers.
• Communicates and inform patients of any potential patient out-of-pocket liability, and works out payment plans as necessary. May provides resources to bridge the gap between insurance coverage and patients liability if necessary.
• Assists patients with questions or problems regarding insurance coverage and other financial matters.
• Assists in the resolution of any patient billing issues.
• Confirms patients coverage information previously obtained from insurance companies or private payers to ensure accuracy and that there has been no change in coverage since initial confirmation.
• Maintains and completes all insurance assessment forms and agreements and ensures they are accurate for claims processing.
• Performs other related duties.

Education Requirements:

• Associates degree in related field; Bachelors preferred, or combination of relevant experience and education.

Experience Requirement:

• 1+ year medical insurance experience (greater preferred) including medical office administration, benefit verification

Non-Bargaining Unit, 431 - Transgender Program - MSH, Mount Sinai Hospital