HYBRID: 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 third in a series of four revenue cycle analyst roles in a multi-site, multi-specialty academic medical center. Works collaboratively in a team environment to support the hospital, surgical and clinical practices as well as Mayo Clinic leadership on revenue cycle issues. Actively communicate and present pertinent information to various audiences, particularly practice and finance leadership. In addition, communication to senior leaders and formal Mayo committees is expected. 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 in multiple revenue or compliance technical areas. Uses reporting tools to understand revenue and compliance risks and opportunities with significant impact to Mayo Clinic and conveys these along with impact and recommendations to leadership. Interprets and implements 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. Responsible for the development, implementation and maintenance of programs and tools for revenue recognition and billing compliance; the interpretation and implementation of billing rules, policies and regulations; and identifies opportunities and recommends options for increasing financial margins. Provides advanced revenue and billing analytics to support department and institutional leadership. Actively participates in decision-making related to revenue and billing opportunities. Leads and facilitates multi-disciplinary workgroups or projects. Mentors, coaches, and trains staff.
Qualifications
Bachelor’s Degree required in economics, mathematics, business administration, accounting, finance, healthcare business related fields or statistics and 6 years of relevant experience;
OR
High School degree and 10 years of relevant experience in lieu of Bachelor’s degree.
Master's degree in business administration, finance, accounting, or healthcare business related field with 4 years relevant experience preferred.
Coding/Compliance Certification preferred. Healthcare Financial Management Association (HFMA) Certification Preferred.
Preferred Experiences: Health Care Experience, Charge Reconciliation, Process Optimization/management, ESA, Coder, and Patient Account Services.
Has a highly developed understanding of coding, billing and compliance practices. Has advanced knowledge of large revenue recognition systems and practice billing systems. Advanced 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 advanced communication and presentation skills. Ability to work in a team environment and develop constructive working relationships with others. Able to lead others through difficult situations.
**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 is top-ranked in more specialties than any other care provider according to U.S. News & World Report. As we work together to put the needs of the patient first, we are also dedicated to our employees, investing in competitive compensation and comprehensive benefit plans – to take care of you and your family, now and in the future. And with continuing education and advancement opportunities at every turn, you can build a long, successful career with Mayo Clinic.
- Medical: Multiple plan options.
- Dental: Delta Dental or reimbursement account for flexible coverage.
- Vision: Affordable plan with national network.
- Pre-Tax Savings: HSA and FSAs for eligible expenses.
- Retirement: Competitive retirement package to secure your future.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender identity, sexual orientation, national origin, protected veteran status or disability status. Learn more about the "EOE is the Law". Mayo Clinic participates in E-Verify and may provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization.
Skills Required
- Bachelor’s degree in economics, mathematics, business administration, accounting, finance, healthcare business, statistics, or a related field plus 6 years of relevant experience
- Alternatively, a high school diploma plus 10 years of relevant experience
- Highly developed understanding of coding, billing, and compliance practices
- Advanced knowledge of revenue recognition systems and practice billing systems
- Advanced investigative, analytical, communication, presentation, prioritization, and multitasking skills
- Ability to work independently and collaboratively, lead others, and manage difficult situations
- Master’s degree in business administration, finance, accounting, or healthcare business plus 4 years of relevant experience
- Coding or compliance certification
- Healthcare Financial Management Association certification
- Healthcare experience, charge reconciliation, process optimization or management, ESA, coding, or patient account services experience
Mayo Clinic Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Mayo Clinic and has not been reviewed or approved by Mayo Clinic.
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Retirement Support — A no-cost pension plus an employer-matched 403(b)/401(k) is positioned as a standout differentiator, offering strong long-term financial security. Feedback suggests this retirement combination elevates overall total rewards even when base pay is moderate.
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Healthcare Strength — Expanded medical networks, enhanced fertility coverage, and employer absorption of a plan year’s premium increases point to robust healthcare offerings. Feedback suggests annual updates maintain breadth and competitiveness of coverage.
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Parental & Family Support — Adoption assistance, dependent scholarships, child and elder-care resources, and EAP services provide meaningful family-oriented support. Feedback suggests these programs add tangible value beyond salary alone.
Mayo Clinic Insights
What We Do
Mayo Clinic is the first and largest integrated, not-for-profit medical group practice in the world. Doctors from every medical specialty work together to care for patients, joined by common systems and a philosophy of "the needs of the patient come first." More than 3,800 physicians and scientists and 50,900 allied health staff work at Mayo Clinic, which has sites in Rochester, Minn., Jacksonville, Fla., and Scottsdale/Phoenix, Ariz. Mayo Clinic also serves over 70 communities through Mayo Clinic Health System with locations in MN, IA, and WI. Collectively, these locations care for more than 1 million people each year.
