Revenue Analyst I-Hybrid
About The Position
This is the first 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 limited supervision. Actively communicate and present pertinent information to various audiences. Understands and recognizes the need for billing controls to preserve Mayo's Standard of Ethics and minimize the financial and legal risks for Mayo. Performs tasks such as error correction, reconciliations, data entry, standard report preparation, analysis and/or routine compliance activities. Uses reporting tools to monitor revenue recognition and billing compliance. Understands basic Mayo and governmental coding and billing rules and compliance guidelines. Assists in conducting research and analysis, benchmarking, and audits to ensure reasonableness and accuracy of information along with identifying and implementing best practices and improvements. Provides basic revenue and billing analytics to support department and institutional leadership. May identify revenue and billing problems and opportunities and communicate to appropriate leaders.
Requirements
- Bachelor's Degree in economics, mathematics, business administration, accounting, finance, healthcare business related fields or statistics; OR High School diploma and 4 year’s relevant experience.
- Demonstrated understanding of coding, billing and compliance practices.
- Strong investigational skills, shows attention to detail, accuracy and ability to manage and prioritize multiple tasks.
- Independently organizes work plan for assigned projects within team structure.
- Demonstrates effective communication and basic presentation skills.
- Ability to work in a team environment and develop constructive working relationships with others.
- Demonstrated knowledge of Microsoft applications including Word, Excel, Outlook, and Powerpoint.
- Must be located within 100 miles of any of the Mayo Clinic campuses for on-site expectations based on business needs.
Nice To Haves
- Healthcare Financial Management Association (HFMA) Certification Preferred.
- Prefer knowledge of revenue recognition systems and practice billing systems.
Responsibilities
- Error correction
- Reconciliations
- Data entry
- Standard report preparation
- Analysis and/or routine compliance activities
- Uses reporting tools to monitor revenue recognition and billing compliance
- Assists in conducting research and analysis, benchmarking, and audits to ensure reasonableness and accuracy of information along with identifying and implementing best practices and improvements
- Provides basic revenue and billing analytics to support department and institutional leadership
- May identify revenue and billing problems and opportunities and communicate to appropriate leaders
Benefits
- 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.
- Continuing education and advancement opportunities
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
