Job Description

Reimbursement Analyst I

Labcorp is seeking a HYBRID Reimbursement Analyst I to join our team!

Work Schedule: Monday Friday; 8:00am-5:00pm EST

Hybrid: This hybrid position offers a balanced schedule of three in-office days at either Burlington or Durham, NC and two remote workdays per week, supporting both collaboration and flexibility.

Responsibilities:

• Perform routine analysis of reimbursement data for assigned low-complexity payer portfolios.
• Validate payment accuracy against payer contracts and organizational policies.
• Identify and resolve discrepancies; escalate complex issues to senior team members.
• Review and resolve A/R issues and denial issues within established guidelines.
• Document denial and A/R trend reasons and assist in identifying patterns for process improvement.
• Support initiatives to reduce reimbursement issues through accurate and timely follow-up.
• Prepare standard reports and maintain accurate documentation for audit purposes.
• Ensure compliance with payer requirements and regulatory standards.
• Monitor KPIs related to denial resolution and reimbursement accuracy.
• Work closely with billing, coding, and finance teams to support revenue cycle processes.
• Participate in training and development to build knowledge of payer contracts and reimbursement methodologies.
• Contribute to team projects and process improvement efforts.

Minimum Qualifications:

• Bachelor's degree with two or more years in healthcare billing experience or Associates degree with four years or more healthcare billing experience or High School diploma or GED with six years of healthcare billing experience

Preferred Qualifications:

• 2 or more years in healthcare reimbursement, revenue cycle, or related analytical role.
• Current or prior Labcorp revenue cycle management employee
• 1 year or more in MS Excel

Additional Job Standards:

• Strong attention to detail and organizational skills.
• Basic understanding of reimbursement methodologies and payer requirements.
• Effective communication and willingness to learn.

At Labcorp, you are part of a journey to accelerate life-changing healthcare breakthroughs and improve the delivery of care for all. You'll be inspired to discover more, develop new skills and pursue career-building opportunities as we help solve some of today's biggest health challenges around the world. Together, let's embrace possibilities and change lives!

The Reimbursement Analyst I provides foundational support within the Revenue Cycle Management (RCM) team by performing basic reimbursement analysis and denial resolution for less complex assignments. This role focuses on accuracy, compliance, and developing expertise in payer requirements while contributing to the organization's financial integrity.

• Responsible for less complex assignments with limited financial risk.
• Direct impact on accurate reimbursement and timely A/R and denial resolution for assigned accounts.

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.

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

Job Tags

Similar Jobs