What are the responsibilities and job description for the Medical Billing Specialist position at Fasikl Medical Solutions?
Fasikl is an innovative medical technology company focused on delivering non-invasive, AI-driven neuromodulation solutions. Our flagship product is FDA-cleared to aid in functional limitations due to essential tremor. As we expand access to it through Medicare, commercial insurers, and direct-to-patient channels, we are seeking a Billing Specialist to support our end-to-end revenue cycle operations.
Position Overview
The Billing Specialist 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. 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.
What We’re Looking For
- Bachelor’s degree in healthcare administration, business, or related field required.
- 3 years of medical billing and reimbursement experience required.
- 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.
- Experience working with billing software/ERP tools.
- Proven ability to develop processes, solve problems, and deliver operational results in a growing company.
- High attention to detail, organizational skills, and discretion with PHI.
- Desire to work in a dynamic, fast-paced environment.
Preferred Experience
- Experience working in a startup, digital health, or medical device company.
- Familiarity with payer contracting and reimbursement policy negotiation.
- Understanding of accreditation requirements for DMEPOS suppliers.
Job Type: Full Time
Job Location: MinnesotaOn-Site
Pay: $26.05 - $31.37 per hour
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Health savings account
- Paid time off
- Vision insurance
Education:
- Bachelor's (Required)
Experience:
- Medical billing and coding: 3 years (Required)
Ability to Relocate:
- Minneapolis, MN 55437: Relocate before starting work (Required)
Work Location: In person
Salary : $26 - $31