Senior Revenue Analyst - Professional Billing & Contracts

Mayo Foundation for Medical Education and Research; Rochester (MN); Hybrid; 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

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