Manager - Vendor Management - Rev Cycle - Remote
Job ID 315745 Date posted 11/20/2023- Rochester, MN
- Full Time
- Finance
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
Provides direction to professional and supervisory staff in the Revenue Cycle. Participates in strategic planning for the Enterprise Revenue Cycle. Translates the Mayo Clinic and departmental vision into meaningful and effective responses and results. Delegates responsibility and authority to carry out work. Manages multiple functions and serves as a resource with oversight in day to day activities. May manage multi-site operations. May possess technical knowledge appropriate to functions being managed with additional knowledge in other functions including professional management. Participates in the identification of opportunities to improve processes and to act as a catalyst for realizing these improvements. Acts as a facilitator and generator of new ideas and a mediator on difficult issues. Brings awareness of current external environment issues.
Participates in the overall management of the Enterprise Revenue Cycle by chairing and serving on Enterprise projects/groups, task forces, councils and committees.
Serves as a liaison between sections and other departments and agencies inside and outside Mayo. Creates customer service driven sections and fosters collaboration with physician and administrative colleagues. Builds teamwork within the Enterprise Revenue Cycle. Participates in retention planning initiatives. Travel required as assignments warrant.
- In-depth knowledge of vendor management best practices, including contract review, performance monitoring, and relationship management.
- Understanding of legal and regulatory requirements/terminology related to contracts and the ability to ensure compliance.
- Risk Assessment and Mitigation: Skills in identifying, assessing, and mitigating risks associated with vendor contract renewals or performance.
- Proficiency in data analysis and reporting to track vendor performance and make data-driven decisions.
- Partner with Revenue Cycle and external Mayo groups to ensure strategic alignment and maximization of vendor relationships.
- Knowledge of industry trends, benchmarks, and emerging best practices in vendor management.
- Change Management: Capability to drive change within the organization, especially when implementing new vendor management processes or technologies.
- Development of tools and reporting to track SLA performance and drive awareness of Vendor performance.
Qualifications
Bachelor's degree and 8 years' experience, which includes at least 2 years of relevant financial leadership experience
OR
Master’s degree and 6 years of relevant experience, which includes at least 2 years of relevant financial leadership experience
OR
In lieu of bachelor's degree, 12 years' of relevant experience, which includes 2 years of relevant financial leadership
Exemption Status
Exempt
Compensation Detail
$108,306 - $157,040 / year
Benefits Eligible
Yes
Schedule
Full Time
Hours/Pay Period
80
Schedule Details
100% Remote, can be seated at any site. M-F Days
International Assignment
No
Site Description
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
Ronnie Bartz
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