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. You’ll thrive in an environment that supports innovation, is committed to ending racism and supporting diversity, equity and inclusion, and provides the resources you need to succeed.
Responsibilities
Responsible for creating relationships with payers that enable access to care at Mayo. This position will have a primary focus on MCHS Wisconsin and a secondary focus of Mayo Clinic in the Midwest. Responsible for negotiating contracts for assigned payers. Negotiates financial and other key contract terms directly with payer's senior level management. Drafts written contract language. Responsible for coordinating with other internal administrative areas to ensure efficient implementation and ongoing maintenance of assigned contracts. Oversees interactions with external payers for issues resolution. Maintains relationship with counterpart at external payers, corresponds routinely, and explores opportunities to enhance the relationships. Establishes and maintains relationships with the practice and administrative leadership. Provides input in developing contract strategy overall and for specific payers. Participates and provides input in the development of enterprise level, regional level, and site specific contracting strategies to maintain and grow market share and access to Mayo services. Educates Mayo leadership regarding managed care contracts and the payer market. Institutional resource on health care payer market issues.
*This position is a combination of remote and onsite support work. Individual must live within driving distance to the Mayo Clinic Rochester campus.
**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.
Qualifications
Bachelor's degree required, preferably in a business related field. Master’s degree in Health Administration (MHA), Finance (MBA) or other related field is required; working towards degree with completion within three years will be considered. A Juris Doctorate may also be considered in lieu of a Master's degree. Candidates must have 5+ years of health care administration experience, preferably in a large academic medical center. Familiarity with content and structure of legal contracts necessary. Requires an understanding of corporate benefit options, insurance industry standards, payer payment methodologies, managed care concepts, health care finance fundamentals, medical terminology, third party billing, payment and collection principles. Familiarity with revenue cycle operations and other applicable internal administrative areas is necessary. Need superior skills in problem solving and decision making. Need strong skills in managing multiple tasks concurrently. Strong verbal and writing skills required. Positive attitude and strong persuasive skills needed.
This position will accept applications until 11/12/2024. This deadline may be extended if the necessary candidate pool is not met by this date.
Exemption Status
Exempt
Compensation Detail
$156,166.40 - $226,449.60 / year. Education, experience and tenure may be considered along with internal equity when job offers are extended.
Benefits Eligible
Yes
Schedule
Full Time
Hours/Pay Period
80
Schedule Details
Monday-Friday, business hours of 8:00 am - 5:00pm
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.
Affirmative Action and Equal Opportunity Employer
As an Affirmative Action and Equal Opportunity Employer Mayo Clinic is committed to creating an inclusive environment that values the diversity of its employees and does not discriminate against any employee or candidate. Women, minorities, veterans, people from the LGBTQ communities and people with disabilities are strongly encouraged to apply to join our teams. Reasonable accommodations to access job openings or to apply for a job are available.
Recruiter
Oneida Her