Reimbursement Analyst II- Hybrid

Labcorp•Burlington, NC

2d•Hybrid

About The Position

Labcorp is seeking a Reimbursement Analyst II to analyze multi-payer reimbursement data, validate payments, manage denials and accounts receivable, and identify revenue risks and opportunities to improve reimbursement accuracy and cash flow. The role investigates complex payer issues, develops reports and dashboards, monitors key performance indicators, and collaborates with billing, coding, finance, and operations teams to improve workflows and resolve issues. The position is hybrid, with three in-office workdays and two remote workdays per week at the Burlington or Durham, North Carolina locations. The schedule is Monday through Friday, 8:00 a.m. to 5:00 p.m. EST.

Requirements

Bachelor’s degree and 5 years of healthcare revenue cycle environment experience, or an associate degree and 7 years of experience, or a high school diploma or GED and 9 years of experience.
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.

Nice To Haves

Proficiency in Microsoft Excel and data analysis tools.
Strong analytical and problem-solving skills.
5 or more years of experience in healthcare reimbursement, revenue cycle, or financial analysis.

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, escalating high-risk concerns as needed.
Manage denials and accounts receivable 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.