Financial Coordinator-FPA CBO
Mount Sinai Health System
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- Location
- United States
- Job type
- Full time
- Posted
- Oct 28
- 2 days ago
Career path
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About the company
Mount Sinai Health System
Hospital & health care · 10,001+ employees
What you'll do
- Obtains and verifies patients insurance benefit information
- Obtains necessary payer authorizations and required referrals
- Negotiates modifies rates with carriers
- Communicates potential patient out-of-pocket liability and works out payment plans
- Assists patients with insurance coverage and financial matters
- Assists in resolving patient billing issues
- Maintains and completes insurance assessment forms and agreements
What you need
- Associates degree in related field; Bachelors preferred, or combination of relevant experience and education.
- 1+ year medical insurance experience (greater preferred) including medical office administration, benefit verification
- Education: an associate degree or a bachelor's degree
Key skills
medical insurance experiencemedical office administrationbenefit verification
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Read the full posting here
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.
Associates degree in related field; Bachelors preferred, or combination of relevant experience and education.
1+ year medical insurance experience (greater preferred) including medical office administration, benefit verification
1. Obtains and verifies patients insurance benefit information from insurance companies or private payers regarding coverage for services.
2. Obtains all necessary payer authorizations and acquires all required referrals for services to be provided.
3. Negotiates modifies rates with carriers.
4. 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.
5. Assists patients with questions or problems regarding insurance coverage and other financial matters.
6. Assists in the resolution of any patient billing issues.
7. 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.
8. Maintains and completes all insurance assessment forms and agreements and ensures they are accurate for claims processing.
9. Performs other related duties.