Insurance Verification & Patient Billing Coordinator

Mount Sinai; United States; On-site; USD 3,799,000 - 5,495,000; Full time

Job summary

Mount Sinai Health System seeks a Financial Coordinator to verify insurance benefits, determine patient liability, and coordinate payment of uncovered medical expenses. You will assist patients with insurance questions, process authorizations, and communicate potential out-of-pocket costs clearly.

The role emphasizes accurate benefit verification, maintaining insurance forms, resolving billing issues, and coordinating with payers to ensure timely claims.

Qualifications

• Associates degree in related field; Bachelor's preferred, or combination of relevant experience and education.
• 1+ year medical insurance experience (greater preferred) including medical office administration, benefit verification.

Responsibilities

• Obtains and verifies patients' insurance benefit information from insurance companies or private payers.
• Obtains payer authorizations and referrals for services.
• Negotiates modified rates with carriers.
• Communicates potential patient out-of-pocket liability and arranges payment plans.
• Assists patients with questions or problems regarding insurance coverage and billing.
• Resolves patient billing issues.
• Confirms coverage information to ensure accuracy and no changes since initial confirmation.
• Maintains insurance assessment forms and ensures accuracy for claims.
• Performs other related duties.

Skills

Insurance verification

Billing coordination

Education

Associates degree / Bachelor's preferred

Tools

Benefit verification systems

Job description

Mount Sinai Health System seeks a Financial Coordinator to verify insurance benefits, determine patient liability, and coordinate payment of uncovered medical expenses. You will assist patients with insurance questions, process authorizations, and communicate potential out-of-pocket costs clearly.

The role emphasizes accurate benefit verification, maintaining insurance forms, resolving billing issues, and coordinating with payers to ensure timely claims.