Revenue & Billing Analyst (Hybrid)

Make an Impact at Labcorp Are you ready to take your career to the next level with a company that’s transforming healthcare? Labcorp is seeking a driven and detail-oriented professional to join our team as a Revenue & Billing Analyst. This is your opportunity to contribute to meaningful work, collaborate across departments, and help shape the future of our financial operations. If you're passionate about problem-solving and thrive in a dynamic environment, we want to hear from you. Revenue & Billing Analyst • Responsible for the development of strategies aimed at reducing Addressable bad debt, including benchmarking • Partner with internal and external stakeholders to implement process improvements to address clients with high bad debt or revenue write off experience by interfacing with sales and operations to create and implement action plans for improvement. • Interfacing with the client and/or Sales to address outstanding, past due client balances and obtaining billing information for items moved to third parties • Provide billing training to phlebotomists, Sales, and clients to ensure correct billing and prompt payment. Training to include reviewing client billing invoices, obtaining appropriate 3rd party billing information, eClaims Assist, ABNs, RPI and Medical Necessity • Work with clients and divisional employees to resolve billing issues to increase cash and reduce bad debt. From findings, drive corrective action plans and monitor improvements. • Work with eClaims Assist/RPI to analyze the accounts with high volume specimen information requests who are not responding as needed and work with Sales to educate client. • Conducts comprehensive client audits to assess denials to drive reduction of addressable bad debt and improve the overall financial performance of the division • Conduct comprehensive billing business reviews • Act as liaison between Division and Revenue Cycle Management • Provide spreadsheets and payer information to Sales to assist with collections billing information and updating clients on payer policies • Analyzes third party billing procedures, policies and results • Assist in determining best options to reduce Addressable Bad Debt by reviewing key indicators • Assist in determining best options to improve Revenue by reviewing key indicators • Analyzes client AR for delinquency • Discuss cause of delinquency with Sales and work through issues to resolve outstanding balances • Complete special projects as required, collaborating with cross-functional teams to ensure strategic objectives are met and delivering on expected outcomes. Qualifications: • A minimum of three years of relevant RCM Billing experience with Bachelor’s degree required, In the absence of a degree, a minimum of five years of relevant RCM Billing experience is required. • Able to discuss root cause analysis and provide possible resolution for issues strongly preferred • Strong knowledge and demonstrated relevant billing experience in the medical diagnostic laboratory industry strongly preferred • Knowledgeable in all aspects of Revenue Cycle Management (Billing) and Accounts Receivable processes strongly preferred • Demonstrated experience in collaborating across diverse teams at various organization levels preferred • Strong organization, follow-up, and time management skills preferred • Handles highly confidential information with professionalism preferred • Thrives in fast-paced environments with the ability to manage multiple high-impact initiatives simultaneously preferred • Innovates and implements strategic initiatives independently, with minimal direction from management preferred • Ability to effectively communicate with colleagues and clients across diverse geographic locations through virtual communication means preferred Application Window Closes: 9/12/2025 Shift: Standard Business Hours 8:00 AM - 5:00 PM EST roughly. Worksite Location: Hybrid (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. 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. 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. Casual, PRN & Part-Time employees regularly scheduled to work less than 20 hours are eligible to participate in the 401(k) Plan only. 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. 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