Revenue Recognition Analyst II

Posted 2 Days Ago
Be an Early Applicant
Hiring Remotely in Burlington, NC, USA
In-Office or Remote
65K-90K Annually
Senior level
Healthtech • Biotech
The Role
Support specialty testing revenue cycle by researching denials, managing overrides, building and analyzing complex billing datasets, coordinating with operations and reporting, recommending workflow improvements, and implementing processes to maximize collections and resolve reimbursement issues across laboratory billing platforms.
Summary Generated by Built In

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

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: $65-90K    

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

.  

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

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. For more information about how we collect and store your personal data, please see our Privacy Statement.


Skills Required

  • Bachelor's degree with 5+ years experience, AAS with 7+ years, or HS with 9+ years in payer revenue cycle
  • Advanced experience with Medicare, Medicaid, Managed Care, and Commercial Payer revenue cycle (billing, coding, reimbursement)
  • Experience with denials management, appeals, medical necessity determination, prior authorization, and payment variance analysis
  • Ability to learn and navigate multiple laboratory systems and billing platforms
  • Experience conducting research, data mining, evaluation, and validation of complex datasets for reporting and analysis
  • Experience building and maintaining datasets/databases for routine and ad hoc reporting
  • Experience coordinating with operations and reporting teams to identify impacts and develop workflow projects
  • Ability to recommend and document workflow/process improvements to maximize cash collections
  • Ability to translate LCLS/LCBS data for specialty testing analysis (a plus)
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The Company
HQ: Burlington, NC
19,796 Employees
Year Founded: 1978

What We Do

We believe in harnessing science for human good. And so we work day and night, around the world, to deliver answers for all your health questions—whether you’re a provider, drug developer, hospital, medical researcher or patient. That means everything from advancing diagnostic testing to helping launch new drugs, to offering new perspectives through data - all drawing from a deep well of scientific expertise. So when you need trusted information to make clear, confident health decisions, consider us your source.

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