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Area Reimbursement Manager

SI-BONE is a public medical device company focused on innovative treatments for sacropelvic conditions. We seek passionate individuals for the role of Area Reimbursement Manager to contribute to our mission.

Skills

  • Reimbursement coding
  • Market access
  • Medical device industry knowledge
  • Interpersonal skills
  • Analytical problem-solving

Responsibilities

  • Acts as the internal expert on coding and reimbursement
  • Collaborates with sales and physician offices to develop reimbursement strategies
  • Builds collaborative relationships with sales representatives
  • Interfaces with governmental reimbursement entities
  • Collaborates with marketing, clinical, and regulatory teams

Education

  • Bachelor's degree or equivalent experience

Benefits

  • Bonus and stock options
  • Remote working flexibility
To read the complete job description, please click on the ‘Apply’ button

Average salary estimate

$130000 / YEARLY (est.)
min
max
$125000K
$135000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Area Reimbursement Manager, SI-BONE, Inc

Are you ready to make a significant impact in the field of orthopedics? As an Area Reimbursement Manager at SI-BONE, a leading medical device company based in Chicago, IL (with remote flexibility), you'll play a crucial role in enhancing the lives of patients dealing with sacropelvic conditions. SI-BONE is not just about innovation; it's about bringing real solutions to those who desperately need them. Your expertise in coding and reimbursement will be the cornerstone of our mission as you collaborate closely with sales teams and healthcare professionals to secure coverage for our groundbreaking iFuse Implant System. We're searching for passionate individuals who are agile, creative, and thrive in a fast-paced environment. Here, you'll have the opportunity to build lasting relationships with healthcare providers, participate in exciting market access initiatives, and ensure our cutting-edge solutions are available to all who require them. You will also connect with various stakeholders, from governmental reimbursement entities to commercial payors, always with the patient's best interest in mind. The work you do could mean the world to someone struggling with pain, and your insights will be invaluable in shaping our strategies. If you're ready to roll up your sleeves, challenge the status quo, and join a collaborative and dedicated team, then SI-BONE is the place for you!

Frequently Asked Questions (FAQs) for Area Reimbursement Manager Role at SI-BONE, Inc
What are the main responsibilities of an Area Reimbursement Manager at SI-BONE?

The Area Reimbursement Manager at SI-BONE is responsible for developing and implementing reimbursement strategies for the iFuse Implant System. This includes acting as the internal expert on coding and reimbursement, collaborating with sales representatives, managing relationships with payors, and providing education on medical necessity to support claim appeals. Additionally, the position requires close collaboration with various departments, including marketing, clinical, and regulatory teams.

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What qualifications do I need to apply for the Area Reimbursement Manager position at SI-BONE?

To be considered for the Area Reimbursement Manager position at SI-BONE, candidates should hold a bachelor’s degree or equivalent experience, along with a minimum of 5 years in reimbursement activities, preferably in the medical device or pharmaceutical sectors. Relevant experience with Medicare and commercial payors, along with coding and billing expertise, is advantageous. Strong communication, analytical skills, and a collaborative spirit are essential attributes for success in this role.

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How does the Area Reimbursement Manager at SI-BONE interact with payors?

The Area Reimbursement Manager at SI-BONE interacts with governmental and commercial payors to negotiate coverage terms and develop favorable reimbursement strategies for the iFuse Implant System. This includes executing payor relations activities, seeking opportunities for presentations, and staying informed about evolving payor trends. Building collaborative relationships is key to ensuring the success of reimbursement initiatives.

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What kind of experience is preferred for the Area Reimbursement Manager role at SI-BONE?

Candidates with direct experience in medical device reimbursement coding, as well as a proven track record of developing medical coverage policies, will stand out for the Area Reimbursement Manager role at SI-BONE. Experience in managing relationships with various stakeholders, including healthcare professionals and payors, is vital. Familiarity with regulations guiding reimbursement practices is also beneficial.

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What is the salary range for the Area Reimbursement Manager position at SI-BONE?

The salary range for the Area Reimbursement Manager position at SI-BONE is between $125,000 and $135,000. This range reflects the company’s commitment to fairly compensating employees based on their job-related knowledge, skills, experiences, and qualifications while considering industry standards.

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Common Interview Questions for Area Reimbursement Manager
Can you describe your experience with medical device reimbursement coding?

In your answer, detail your specific experiences working with coding systems, how you navigated reimbursement challenges, and your familiarity with payer policies and regulations. Highlight any successful strategies you've implemented to improve reimbursement outcomes.

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How do you approach developing a reimbursement strategy for a new product?

Discuss your methodology in assessing market access challenges and opportunities, analyzing payer requirements, and collaborating with cross-functional teams to determine the best approach for launching a product successfully. Emphasize your ability to adapt strategies based on real-time feedback and engagement with healthcare professionals.

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What techniques do you use to maintain relationships with payors?

Describe your strategies for building and maintaining relationships, including communication techniques, frequency of interactions, and how you handle challenges or conflicts. Illustrate with examples of how these relationships have led to favorable outcomes in your previous roles.

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How do you handle denied claims in your current or past roles?

Explain your step-by-step process for analyzing denied claims, determining the root causes for denial, and your approach to developing appeals. Share any successful case studies where your efforts resulted in overturned claims and reimbursement recovery.

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What role does collaboration play in your work as a reimbursement manager?

Talk about how you prioritize collaboration, especially with teams like sales, marketing, and clinical affairs. Provide examples of how collaborative efforts have improved outcomes for reimbursement processes or patient access to products.

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Describe a challenging situation you've faced in reimbursement management and how you overcame it.

Share a relevant challenge, detailing your analysis, the steps you took to address it, and the ultimate resolution. Focus on your problem-solving skills and resilience in navigating complex reimbursement environments.

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How do you stay updated on changes in medical reimbursement policies?

Discuss the resources, networks, and tools you use to keep informed about new regulations, payer policy updates, and industry trends. Highlight any professional organizations or groups that you belong to, and how this knowledge has impacted your work.

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What is your approach to training sales teams on reimbursement processes?

Outline how you develop training materials and programs, focusing on making complex concepts accessible and actionable for sales staff. Share examples of training outcomes that enhanced team performance in discussing reimbursement with clients.

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Can you give an example of how you influenced a positive coverage decision?

Provide a specific example where your engagement or persuasive techniques made a difference in a coverage decision. Highlight your analytical skills, communication abilities, and your understanding of payer dynamics in your explanation.

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What skills do you believe are essential for an Area Reimbursement Manager?

Discuss the combination of soft and hard skills that contribute to success in this role, including analytical thinking, communication, negotiation, relationship management, and understanding of regulations. Provide examples of how these skills have played a pivotal role in your career.

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MATCH
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FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
No info
LOCATION
No info
SALARY RANGE
$125,000/yr - $135,000/yr
EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
December 2, 2024

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