Manager - Vendor Management - Rev Cycle - RemoteJob ID 315745 Date posted 11/20/2023
- Rochester, MN
- Full Time
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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.
Bachelor's degree and 8 years' experience, which includes at least 2 years of relevant financial leadership experience
Master’s degree and 6 years of relevant experience, which includes at least 2 years of relevant financial leadership experience
In lieu of bachelor's degree, 12 years' of relevant experience, which includes 2 years of relevant financial leadership
$108,306 - $157,040 / year
100% Remote, can be seated at any site. M-F Days
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