Revenue Analyst II-Remote

Mayo ClinicRochester, MN
14hRemote

About The Position

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. This position is a 100% remote work. Individual may live anywhere in the US. This vacancy is not eligible for sponsorship / we will not sponsor or transfer visas for this position.

Requirements

  • 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.
  • 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.

Nice To Haves

  • Master's degree in business administration, finance, accounting, or healthcare business related field preferred.
  • Coding/Compliance Certification preferred.
  • Healthcare Financial Management Association (HFMA) Certification Preferred.

Responsibilities

  • 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.
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