Reimbursement Analyst
Responsibilities
- Analyze multi-payer reimbursement data to identify variances, denial trends, and revenue risks
- Validate payments against payer contracts, fee schedules, and regulatory requirements
- Investigate and resolve complex payer issues; escalate high-risk concerns as needed
- Manage denials and A/R within assigned payer portfolios to optimize cash flow
- Identify denial root causes and implement corrective actions to improve clean claim rates
- Develop reports and dashboards to support leadership visibility and decision-making
- Ensure compliance with payer contracts, policies, and regulatory requirements
- Drive process improvements to reduce denials and enhance reimbursement accuracy
- Collaborate with billing, coding, finance, and operations to resolve issues and improve workflows
- Monitor and report on KPIs, providing insights to support performance improvement
Requirements
- Bachelor’s degree with 5 years’ healthcare revenue cycle environment experience or Associate degree with 7 years healthcare revenue cycle environment experience or HS diploma or GED with 9 years healthcare revenue cycle environment experience
- Proficiency in Microsoft Excel and data analysis tools
- Strong analytical and problem-solving skills
- 5+ years of experience in healthcare reimbursement, revenue cycle, or financial analysis
Qualifications
- Ability to manage priorities and meet deadlines in a fast-paced environment
- Effective communication and collaboration skills
- Attention to detail with a focus on accuracy and compliance
Skills
- Microsoft Excel proficiency
- Data analysis tools proficiency
- Strong analytical and problem-solving skills
Benefits
Employees regularly scheduled to work 20 or more hours per week are eligible for comprehensive benefits including:
- Medical
- Dental
- Vision
- Life
- STD/LTD
- 401(k)
- Paid Time Off (PTO) or Flexible Time Off (FTO)
- Tuition Reimbursement
- Employee Stock Purchase Plan
Employees regularly scheduled to work less than 20 hours, Casual, Intern, and Temporary employees are only eligible to participate in the 401(k) Plan. Employees who are regularly scheduled to work a 7 on/7 off schedule are eligible to receive all the foregoing benefits except PTO or FTO.
For more detailed information, please click here.
Schedule
This hybrid position offers a balanced schedule of three in-office workdays at our Burlington or Durham, NC locations and two remote workdays per week, supporting both collaboration and flexibility.
Pay
Pay details are not specified in the job posting.
Company Information
Labcorp is a global leader in laboratory services, providing the insights and answers that help healthcare providers, patients, researchers, pharmaceutical companies and health systems make confident decisions and improve outcomes. Through our unparalleled science, data, technology and laboratory network, we advance diagnostics, accelerate innovation and help address some of the world’s most important health challenges. As we shape the future of healthcare, we are leveraging advanced technologies, intelligent digital solutions and data-driven innovation across our operations to enhance how work gets done and deliver greater value to customers and patients. With our global scale and deep expertise, you’ll have the opportunity to do meaningful work, grow your career and make a real impact on people’s health around the world. Together, we’re improving health and improving lives.
About the Role
Labcorp is seeking a HYBRID Reimbursement Analyst II to join our team!
Additional Job Standards
- Ability to manage priorities and meet deadlines in a fast-paced environment
- Effective communication and collaboration skills
- Attention to detail with a focus on accuracy and compliance
Equal Opportunity Employer
Labcorp is proud to be an equal opportunity employer. Labcorp strives for inclusion and belonging in the workforce and does not tolerate harassment or discrimination of any kind. We make employment decisions based on the needs of our business and the qualifications and merit of the individual. Qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex (including pregnancy, childbirth, or related medical conditions), family or parental status, marital, civil union or domestic partnership status, sexual orientation, gender identity, gender expression, personal appearance, age, veteran status, disability, genetic information, or any other legally protected characteristic. Additionally, all qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law. We encourage all to apply. If you are an individual with a disability who needs assistance using our online tools to search and apply for jobs, or needs an accommodation, please visit our accessibility site or contact us at Labcorp Accessibility.