Full-Time

Field Reimbursement Manager

Posted on 11/19/2024

StimLabs

StimLabs

51-200 employees

Develops placental tissue healing solutions

Biotechnology
Healthcare

Mid

Remote in USA

Category
Financial Consulting
Consulting
Requirements
  • Bachelor’s degree in business, management, healthcare administration or related field.
  • 3+ years of experience in a healthcare provider or corporate healthcare setting. Preferred experience in reimbursement, billing and coding within the healthcare, biotechnology, pharmaceutical, wound care or medical device fields.
  • An action-oriented mindset dedicated to helping patients.
  • Broad knowledge of healthcare documentation practices, medical policy guidelines, compliance, billing, coding and reimbursement related to buy and bill biotechnology, wound care, medical device or DME.
  • Strong problem solving and business acumen skills with an ability to work independently, manage priorities, and develop strong relationships with customers.
  • Excellent organizational, written and verbal communication skills.
  • Must be able to obtain and maintain required credentialing to perform job.
  • Travel required: Less than 25%.
Responsibilities
  • Demonstrate deep knowledge in reimbursement and market access across the entire portfolio of StimLabs’ products and become the regional subject matter expert on all reimbursement policies and programs.
  • Provide educational support to new and existing customers on StimLabs’ product reimbursement, including billing, coding, claim form submission, national and local coverage policies, and good clinical documentation.
  • Coordinate with sales, market access, and insurance verification teams to proactively monitor reimbursement activities and respond to reimbursement needs.
  • Communicate and explain payer policy updates or system changes that impact access in assigned accounts.
  • Provide responsive feedback to reimbursement-related issues.

StimLabs develops and sells healing solutions derived from placental tissue, focusing on regenerative medicine. Their products help the body repair and regenerate damaged tissues, making them valuable for healthcare providers, hospitals, and clinics seeking to improve patient outcomes. StimLabs uses unique processing techniques that are proprietary, giving them a competitive advantage in the rapidly growing medical market. The company prioritizes regulatory compliance and quality control to ensure the safety and effectiveness of their products, which helps build trust with clients. The goal of StimLabs is to be a leading provider of advanced regenerative healing solutions in the placental tissue market.

Company Stage

Seed

Total Funding

$10M

Headquarters

Roswell, Georgia

Founded

2015

Growth & Insights
Headcount

6 month growth

-8%

1 year growth

2%

2 year growth

-8%
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Simplify's Take

What believers are saying

  • StimLabs' focus on innovative regenerative healing solutions positions them well in a rapidly growing market, offering significant growth potential.
  • Their proprietary techniques could lead to breakthroughs in patient outcomes, enhancing the company's reputation and market share.
  • Strong relationships with healthcare providers and a commitment to quality can result in long-term contracts and stable revenue streams.

What critics are saying

  • The niche focus on placental tissue products may limit market opportunities compared to competitors with a broader product range.
  • Regulatory hurdles and the need for continuous compliance can pose challenges and potential delays in product development and commercialization.

What makes StimLabs unique

  • StimLabs specializes exclusively in placental tissue products, setting them apart from competitors who may offer a broader range of regenerative medicine solutions.
  • Their proprietary processing techniques provide a unique competitive edge, ensuring that their products are distinct and potentially more effective than those of competitors.
  • A strong emphasis on regulatory compliance and quality control builds trust with healthcare providers, differentiating StimLabs as a reliable and safe choice in the market.

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