This is an on-site position in Bloomington, MN
About Fasikl:
Fasikl Inc. is an innovative medical technology company focused on delivering non-invasive, AI-driven neuromodulation solutions. Our flagship product, the Felix™ NeuroAI™ Wristband, is FDA-cleared to aid in functional limitations due to essential tremor. As we expand access to Felix through Medicare, commercial insurers, and direct-to-patient channels, we are seeking a Billing and Reimbursement Manager to lead our end-to-end revenue cycle operations.
Position Overview:
The Billing and Reimbursement Manager will be responsible for all aspects of payer billing and reimbursement, including Medicare, Medicaid, commercial insurers, and self-pay patients. This role will develop and execute billing processes, ensure regulatory compliance, and optimize collections. This role reports directly to the President.
The ideal candidate brings strong DMEPOS billing experience, strategic thinking, and hands-on management capability in a startup or growth-stage healthcare environment.
Key Responsibilities
- Manage all claims submission, follow-up, denial management, and patient billing processes for DMEPOS services.
- Ensure accuracy and compliance in coding (HCPCS), modifiers, and payer-specific rules across all channels (Medicare, private insurance, self-pay).
- Develop and refine scalable billing workflows and documentation requirements in partnership with customer service, clinical, and fulfillment teams.
- Monitor and resolve claims denials, rejections, and delays; manage appeals processes to maximize reimbursement.
- Manage payer enrollment, credentialing, and policy updates for DMEPOS billing.
- Track and report on key revenue cycle metrics, including DSO, collections, aging, and denial trends.
- Contribute to the evaluation and implementation of billing software, clearinghouses, and internal tracking tools to improve efficiency and transparency.
- Collaborate with leadership on pricing strategy, payer contracting, and reimbursement policy changes.
- Ensure HIPAA and CMS regulatory compliance in all billing activities.
Qualifications
- Bachelor’s degree in healthcare administration, business, or related field required.
- 3+ years of medical billing and reimbursement experience required.
- Experience working in a startup, digital health, or medical device company preferred.
- Deep understanding of DMEPOS billing, Medicare guidelines, and commercial insurance workflows.
- Strong knowledge of HCPCS coding, payer rules, CMS documentation standards, and revenue cycle best practices.
- Understanding of accreditation requirements for DMEPOS suppliers preferred.
- Experience working with billing software/ERP tools.
- Familiarity with payer contracting and reimbursement policy negotiation.
- Proven ability to develop processes, solve problems, and deliver operational results in a growing company.
- High attention to detail, organizational skills, and discretion with Patient Health Information (PHI).
- Desire to work in a dynamic, fast-paced environment.
- Maintain a strong commitment to ethics, professionalism, and integrity in all interactions.
- Commitment to Fasikl’s mission of improving lives through cutting-edge neuro-AI technology and exceptional patient care.
Compensation and Benefits:
- Competitive salary and benefits package
- Gain hands-on experience in a fast-growing, cutting-edge industry.
- Collaborative work environment with the opportunity to make a significant impact on patient’s lives.
- Opportunities for career advancement and personal development within the company.
Job Type: Full-time
Pay: $70,000.00 - $90,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Health insurance
- Paid time off
- Vision insurance
Application Question(s):
- Do you have 3+ years of medical billing and reimbursement experience?
Ability to Commute:
- Minneapolis, MN 55437 (Required)
Ability to Relocate:
- Minneapolis, MN 55437: Relocate before starting work (Required)
Work Location: In person
