Revenue Analyst III-Remote

Mayo Clinic•Rochester, MN

15h•Remote

About The Position

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.

Requirements

Subject matter expert in multiple revenue or compliance technical areas.
Experience with reporting tools to understand revenue and compliance risks and opportunities.
Ability to interpret and implement Mayo and governmental coding and billing rules and guidelines.
Experience in research, analysis, benchmarking, and audits.
Experience in developing, implementing, and maintaining programs and tools for revenue recognition and billing compliance.
Experience in interpreting and implementing billing rules, policies, and regulations.
Experience in identifying opportunities and recommending options for increasing financial margins.
Experience providing advanced revenue and billing analytics.
Experience participating in decision-making related to revenue and billing opportunities.
Experience leading and facilitating multi-disciplinary workgroups or projects.
Experience mentoring, coaching, and training staff.

Responsibilities

Actively communicate and present 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.
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.