Revenue Analyst III-Hybrid

Mayo Foundation for Medical Education and Research; Rochester (MN); On-site; USD 88,000 - 136,000; Full time

Benefits offered by this job

Medical options

Dental coverage

Vision plan

HSA/FSAs

Retirement plan

Job summary

Mayo Clinic in Rochester, MN is seeking a Revenue Analyst III to support Professional Billing reimbursement accuracy through contract analysis, payment variance review, and policy interpretation. The role focuses on identifying discrepancies, analyzing contract performance, and collaborating with multiple teams to ensure payments align with contracts and regulatory requirements.

The ideal candidate has a strong background in coding/billing, advanced knowledge of revenue recognition systems, and

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. 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.

Responsibilities

• 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.
• Identifies reimbursement discrepancies, analyzes contract performance, supporting contract implementation and refinement efforts.
• Partners with Contracting & Payor Relations, Revenue Cycle Systems, and operational stakeholders to ensure payments align with contractual terms and regulatory requirements.
• Develops subject matter expertise in Professional Billing reimbursement methodologies, payer policies, provider fee schedules, and Epic contract configuration.
• Supports reimbursement investigations, trend analysis, and recovery initiatives; seeks to maintain high productivity and accurate results.

Job description

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.

Responsibilities

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.

Exemption Status

Exempt

Compensation Detail

$88,358 - $136,448 / year

Benefits Eligible

Yes

Schedule

Full Time

Hours/Pay Period

80

Schedule Details

Monday to Friday 8am to 5pm Central

Weekend Schedule

N/A

International Assignment

No

Site Description

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.