Revenue Recognition Analyst II
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.
Labcorp is seeking a Revenue Recognition Analyst II to join our team!
Work Schedule: Monday - Friday; 8:30am-5:00pm EST
Responsibilities:
- Provide analytical and operational support for Specialty Testing accounts receivable and reimbursement to improve denial operations workflows and processes
- Research denials/claim issues for root cause and provide suggestions for resolution
- Manage internal override inventory for prompt resolution
- Serve as an internal conduit to gather, share, and report information related to specialty billing workflows, system behavior, and claims outcomes
- Research issues to determine impacted scope of claims and
- Coordinate with operations/reporting team to identify and quantify impacts
- Coordinate with operations/reporting team to develop and communicate workflow projects
- Learn and navigate multiple laboratory systems and billing platforms; apply system workflows to billing processes to ensure expected outcomes
- Conduct research, data mining, evaluation, and validation of complex specialty testing datasets to identify trends and support data-driven decision-making
- Manage information requests from cross-functional stakeholders, keeping them informed of reimbursement issues and changes
- Exercise sound judgment in making decisions that have long-term organizational impact
- Build and maintain datasets and databases for routine and ad hoc reporting
- Recommend new or improved workflows for complex billing processes to maximize cash collections
- Contribute to the development, documentation, and implementation of workflow processes (e.g., appeals, prior authorizations, specialty support activities)
- Proactively identify and resolve broad issues affecting specialty testing billing performance
- Collaborate across Revenue Cycle Management functions to drive improvements, enhance effectiveness, and promote best practices
- Apply diverse technical skills to understand laboratory systems, data structures, and workflows across Labcorp and specialty testing environments
- Translate LCLS/LCBS data for use in specialty testing analysis and projects (a plus)
- Support management and peers by taking on additional projects as needed
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Minimum Qualifications:
Requires a Bachelor's Degree with 5 years or more or AAS with 7 years or more or HS with 9 years or more of advanced experience in Medicare, Medicaid, Managed Care and Commercial Payer revenue cycle (billing, coding, reimbursement, payment variance analysis, denials, appeals, medical necessity determination, and prior authorization).
Application Window Closes: 7-23-26
Pay Range: $65-80K
All job offers will be based on a candidate's skills and prior relevant experience, applicable degrees/certifications, as well as internal equity and market data.
REMOTE : Applicants who live within 35 miles of either the Burlington, NC or Durham, NC location will follow a hybrid schedule. This schedule includes a minimum of three in office days per week at an assigned location, either Burlington or Durham, supporting both collaboration and flexibility
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. 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 and 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.
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
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Perks and Benefits
Health and Wellness
- Health Insurance
- Health Reimbursement Account
- Dental Insurance
- Vision Insurance
- Life Insurance
- Short-Term Disability
- Long-Term Disability
- Pet Insurance
- Mental Health Benefits
- FSA
- HSA
- Fitness Subsidies
- Virtual Fitness Classes
Parental Benefits
- Fertility Benefits
- Adoption Assistance Program
- Family Support Resources
Work Flexibility
- Remote Work Opportunities
- Hybrid Work Opportunities
- Flexible Work Hours
Office Life and Perks
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
- Leave of Absence
Financial and Retirement
- 401(K) With Company Matching
- Stock Purchase Program
- Performance Bonus
- Financial Counseling
Professional Development
- Leadership Training Program
- Associate or Rotational Training Program
- Tuition Reimbursement
- Promote From Within
- Mentor Program
- Shadowing Opportunities
- Access to Online Courses
- Lunch and Learns
Diversity and Inclusion
- Diversity, Equity, and Inclusion Program
- Employee Resource Groups (ERG)
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