Electromed, Inc.

Billing Specialist

Electromed, Inc. New Prague, MN

People Purpose: Beyond Competitive

It is no longer ok to just be competitive regarding how we treat our people in everything we do. Our leadership team believes wholeheartedly we need to be beyond competitive and cultivate a culture of proud, driven employees who are passionate about the work they do and where they do it. Our leadership strives to unleash unsurpassed potential in every team and individual employed and owns making that happen. Sincere, Simple, Smart.

What makes us Beyond Competitive:

  • 6 weeks’ time off annually
  • Employee bonus plan
  • Flexible hybrid/remote work options
  • Full pay maternity, paternity, parental, short-term disability leaves
  • Employee driven recognition program
  • Access to hundreds of training opportunities
  • Company paid educational assistance
  • Well-being on demand
  • Perks at Work
  • Competitive health and welfare plans -HSA company contribution
  • 401(k) company match
  • Great culture and people!

The Opportunity:

The Billing Specialist is responsible for submitting patient bills to appropriate payers and performing efficient follow up on open accounts in a timely and accurate manner. They also ensure timely claims submission and follow up, reconcile claims, and resolve to ensure appropriate adjudication. The Billing Specialist must be able to respond knowledgeably to a wide range of complex denial issues when dealing with insurance companies.

Job Outcomes You Must Get:

  • Follow Electromed mission and core values, while striving to achieve company goals
  • Understand and adhere to local State and Federal healthcare regulatory and compliance rules
  • Review billing files for appropriate modifiers, diagnosis codes, patient demographic information and insurance prior to submission
  • Utilize multiple electronic billing, medical retrieval systems, and payer websites to resolve insurance denials and patient issues
  • Communicate effectively with internal customers, including Reimbursement and Accounting Departments
  • Ensure claims are processed and followed up in a timely manner to meet accounts receivables aging and cash receipt goals
  • Review patient statements to ensure accuracy
  • Complete payment reconciliation according to contracted payer fee schedules
  • Work to achieve monthly team goals
  • Educate patients on complex billing situations
  • Accurately record information to internal systems
  • Complete other miscellaneous tasks as needed to help support the reimbursement team

Job Outcomes Requirements:

  • Two years post-secondary education or equivalent work experience
  • Experience with insurance billing/reimbursement
  • Experience with third party and government payers
  • Proficiency in Microsoft Office programs: Outlook, Excel, Word
  • Experience with insurance claim software
  • Experience with professional claim submission preferred
  • High attention to detail and accuracy with the ability to handle multiple priorities
  • Self-starter, motivated
  • Ability to be tenacious but professional when working with various payers
  • Ability to work independently and as a contributing team member
  • Knowledgeable of insurance requirements and the ability to determine medical justification to ensure proper reimbursement
  • Excellent written and verbal communication skills
  • Demonstrated exceptional customer service skills
  • Ability to prioritize and organize
  • Strong analytical and problem-solving skills

Be You.

Our people celebrate diverse individuals, backgrounds, and thinking. As an equal opportunity

employer this is the absolute most important belief in cultivating our

culture and growth together.

Core Values

Unwavering passion for Patients. Make it happen. Encourage innovation and creativity.

Embrace change. Always do what's right. Listen, learn, and deliver.

Electromed develops, manufactures, and markets innovative airway clearance devices that help

people around the world breathe better, stay healthier, and lead active and fulfilling lives.

Making Life’s important moments possible-one breath at a time.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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  • Seniority level

    Mid-Senior level
  • Employment type

    Full-time
  • Job function

    Accounting/Auditing and Finance
  • Industries

    Internet Publishing

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