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Mount Sinai Medical Center

Not-for-profit teaching hospital delivering care

Director of Managed Care

AccountingPosted on Nov 11
Full-timeMiami Beach, FL, USANo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in Business, Accounting, or a related field is required.
  • At least three years of experience in healthcare reimbursement is required.
  • Prior lead or supervisory experience is required.

Responsibilities

  • Perform ongoing and retrospective charge audits of patient records to identify charging and billing weaknesses and possible compliance issues.
  • Perform concurrent reviews of potential catastrophic cases to ensure charges are accurate.
  • Represent the hospital in charge audit functions with insurance carriers and their representatives.
  • Manage audit tracking reports, including the Revenue Management Dashboard, Insurance Defense Audit, implant reviews, and S/L Threshold.
  • Monitor net audit results to ensure health plans comply with hospital and contractual audit terms.
  • Complete all daily and weekly reports within allotted timeframes.
  • Analyze departmental audit findings using reports and charts, and present results to the Vice President of Finance and other appropriate parties.
  • Summarize audit activities monthly through the Monthly Audit Operations report and identify potential inaccuracies.
  • Monitor clinical departments' implementation of audit results and ensure corrective actions are completed by agreed deadlines.
  • Ensure insurance defense audits follow hospital audit protocols and contractual obligations.
  • Monitor CMS transmittals and communications to keep the Audit Team current with Medicare guidelines, and provide these resources to hospital departments as needed.
  • Provide suggestions and examples to the chargemaster manager to help ensure hospital pricing adheres to industry standards and government directives.
  • Identify weaknesses in contract language related to audit functions and provide feedback to Managed Care Contracting.
  • Educate ancillary departments throughout the hospital to support appropriate documentation and billing.
  • Monitor audit requests from the Business Office and other internal departments, ensure Audit Team resources are used effectively, communicate with Business Office management to reduce unnecessary requests, and provide education on audit functions when applicable.
  • Monitor trends in chart documentation and provide feedback to clinical departments or medical staff as needed.
  • Evaluate record abstracting accuracy alongside charges based on documentation, and communicate feedback to Health Information Management.

About the Company

Mount Sinai Medical Center

Not-for-profit teaching hospital delivering care

Mount Sinai Medical Center is a private, independent, not-for-profit teaching hospital system in Florida. It delivers high-quality health care across multiple specialties through its 13 locations, combining patient care with teaching, research, and charity care to serve a diverse community. Its services include clinical care using state-of-the-art technology and collaboration with top physicians and surgeons, supported by ongoing research and new treatment development. Distinguishing features include its non-profit status, emphasis on education and research, nationwide recognition (Healthgrades Top 100 Hospitals for 2024 and 2025), and a broad access mission with financial responsibility. The goal is to provide patient-centered, advanced medical care while expanding access to expert services and driving medical progress in South Florida.

Company size
1,001-5,000
Company stage
Not listed
Total funding
Not listed
Headquarters
Miami Beach, FL
Founded
1949

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