Revenue Analyst III-Hybrid

Posted 5 Days Ago
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Rochester, MN, USA
Hybrid
Senior level
Healthtech
The Role
Analyzes professional billing reimbursement accuracy through contract analysis, payment variance review, expected reimbursement validation, and payer policy interpretation. Identifies discrepancies, supports contract implementation, investigates reimbursement issues, analyzes trends, and contributes to recovery initiatives. Partners with contracting, revenue cycle systems, and operational stakeholders while developing expertise in payer policies, fee schedules, Epic contract configuration, and professional billing methodologies.
Summary Generated by Built In

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. 
 

The Revenue Analyst III serves as a key analytical resource supporting Professional Billing reimbursement accuracy through contract analysis, payment variance review, expected reimbursement validation, and payer policy interpretation. This role is responsible for identifying reimbursement discrepancies, analyzing contract performance, supporting contract implementation and refinement efforts, and partnering with Contracting & Payor Relations, Revenue Cycle Systems, and operational stakeholders to ensure payments align with contractual terms and regulatory requirements. The successful candidate will develop subject matter expertise in Professional Billing reimbursement methodologies, payer policies, provider fee schedules, and Epic contract configuration while supporting reimbursement investigations, trend analysis, and recovery initiatives. As part of professional development, the analyst will be expected to obtain and maintain Epic Professional Billing Contracts Certification through either remote learning or instructor-led training in Verona, Wisconsin. The ideal candidate is intellectually curious, detail-oriented, and motivated by solving complex reimbursement issues while expanding expertise in contract administration, Professional Billing operations, and revenue cycle analytics.

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.

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. 

About Us
Why Mayo Clinic

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.

Benefits Highlights
  • 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.
About the Team
Just as our reputation has spread beyond our Minnesota roots, so have our locations. Today, our employees are located at our three major campuses in Phoenix/Scottsdale, Arizona, Jacksonville, Florida, Rochester, Minnesota, and at Mayo Clinic Health System campuses throughout Midwestern communities, and at our international locations. Each Mayo Clinic location is a special place where our employees thrive in both their work and personal lives. Learn more about what each unique Mayo Clinic campus has to offer, and where your best fit is. 

Equal Opportunity

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, or statistics
  • Six years of relevant experience with a bachelor's degree
  • High school degree and ten years of relevant experience in lieu of a bachelor's degree
  • Master's degree in business administration, finance, accounting, or healthcare business
  • Four years of relevant experience with a master's degree
  • Coding or compliance certification
  • Healthcare Financial Management Association certification
  • Highly developed understanding of coding, billing, and compliance practices
  • Advanced knowledge of revenue recognition systems and practice billing systems
  • Advanced investigative, analytical, communication, and presentation skills
  • Ability to work independently, prioritize multiple tasks, and maintain accuracy
  • Ability to lead others through difficult situations and build constructive working relationships
  • Obtain and maintain Epic Professional Billing Contracts Certification
  • Live within 100 miles of a Mayo Clinic campus for hybrid work

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.

  • 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.
  • 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.
  • 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

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The Company
HQ: Rochester, MN
54,000 Employees

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.

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