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Mayo Clinic

Revenue Analyst III-Hybrid

Career Insights for Business Analyst (General)

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What they do

A Business Analyst provides strategic management consulting to companies and businesses. Advises on ways to improve operations, increase efficiency, reduce costs and increase revenues; may recommend systems or organizational change. May specialize in an area of business practice or a specific industry; may also specialize in consulting with government agencies.

$91,069 / year median in Minnesota

-10% projected decline

Explore Career

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. Recruiter Ronnie Bartz

Benefits

  • Professional Development
  • Health Insurance
  • Dental Insurance