This is a hybrid position and must be located within 100 miles of any of the Mayo Clinic campuses for on-site expectations based on business needs.
This is the second in a series of four revenue cycle analyst roles in a multi-site, multi-specialty academic medical center. Works in a team environment providing support to revenue analysts and revenue cycle leadership under minimal supervision. Actively communicates and presents pertinent information to various audiences, particularly practice and finance leadership. Proactively identifies opportunities and recommends options for enhancing revenue, while preserving Mayo standards and minimizing the financial and legal risks to Mayo. Interprets, implements, and maintains billing and compliance rules across the revenue cycle. Is recognized and relied upon as a subject matter expert of a revenue or compliance technical area. Uses reporting tools to understand revenue and compliance risks and opportunities with significant impact to Mayo Clinic and conveys these risks and opportunities to leadership. Interprets and applies Mayo and governmental coding and billing rules and guidelines to ensure compliance. Conducts research and analysis, benchmarking, and audits to ensure reasonableness and accuracy of information along with identifying and implementing best practices and improvements. Provides revenue and billing analytics to support department and institutional leadership. Proactively identifies and communicates revenue and billing problems and opportunities; seeks input and participates in implementing solutions or process improvements. Mentors, coaches, and trains staff.
Bachelor's Degree in economics, mathematics, business administration, accounting, finance, healthcare business related fields or statistics) and 1 year of relevant experience;
OR
High School diploma and 5 years relevant experience.
Master's degree in business administration, finance, accounting, or healthcare business related field preferred.
Preferred experience: Revenue Cycle experience/background in the Medical/Healthcare field.
Coding/Compliance Certification preferred.
Healthcare Financial Management Association (HFMA) Certification Preferred.
Has a highly developed understanding of coding, billing and compliance practices. Has knowledge of revenue recognition systems and practice billing systems. Highly developed investigational skills, shows attention to detail, accuracy and ability to manage and prioritize multiple tasks. Ability to work independently. Possess initiative, analytical skills, and an ability to operate with a high level of productivity. Demonstrates effective communication and presentation skills. Ability to work in a team environment and develop constructive working relationships with others. Has advanced knowledge of Microsoft applications including Word, Excel, Outlook, and Powerpoint.
**This vacancy is not eligible for sponsorship / we will not sponsor or transfer visas for this position.
During the selection process, you may participate in an OnDemand (pre-recorded) interview that you can complete at your convenience. During the OnDemand interview, a question will appear on your screen, and you will have time to consider each question before responding. You will have the opportunity to re-record your answer to each question - Mayo Clinic will only see the final recording. The complete interview will be reviewed by a Mayo Clinic staff member and you will be notified of next steps.
Mayo Clinic has expanded and changed in many ways, but our values remain true to the vision of our founders. Our primary value – The needs of the patient come first – guides our plans and decisions as we create the future of health care. Join us and you'll find a culture of teamwork, professionalism and mutual respect, and most importantly, a life-changing career.
Mayo Clinic was founded in Rochester, Minnesota by brothers Dr. William James Mayo and Dr. Charles Horace Mayo. More than 100 years later, their vision continues to evolve around a single guiding value: "The needs of the patient come first." Today we are the largest integrated, not for-profit medical group practice in the world.
We are recognized for high-quality patient care more than any other academic medical center in the nation. These endorsements are very gratifying, but also humbling. They remind us of the tradition that has been entrusted to each one of us, and the legacy of excellence that we uphold every day.
