Billing Analyst I (Revenue and Billing Specialist)

Job Description

Billing Analyst I – Remote | Labcorp

The Tone:
This is a full-time remote role at Labcorp, a global leader in laboratory services that delivers insights and answers to healthcare providers, patients, and researchers. The company advances diagnostics, accelerates innovation, and addresses critical health challenges. This role is crucial for shaping the future of healthcare by ensuring accurate billing and efficient revenue cycle operations, allowing you to do meaningful work and make a real impact on people’s health.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Remote
• Pay: $25–$30 hourly
• Mission: Ensure accurate client billing, resolve financial discrepancies, and support efficient revenue cycle management to contribute to financial performance and customer satisfaction.
• Tech Stack: Microsoft Excel, Microsoft Office applications

What You’ll Actually Do
• Invoice Generation & Accuracy: Prepare and issue accurate, complete, and compliant invoices to clients according to company policies and billing requirements, routinely reviewing and auditing for precision.
• Discrepancy Resolution & Customer Support: Reconcile billing discrepancies, maintain thorough billing records, and resolve client inquiries, questions, and account concerns in a timely manner.
• Process Improvement & Collaboration: Collaborate with internal departments to ensure billing information accuracy, facilitate issue resolution, and identify opportunities for process improvement by reviewing billing procedures.
• Financial Reporting & AR Support: Generate essential billing reports, assist with month-end and year-end closing processes, and contribute to Accounts Receivable performance and bad debt reduction initiatives.
• Project & Stakeholder Coordination: Support customer-specific billing initiatives and new account startups, acting as a liaison between customers, Sales, Account Management, and operational teams for effective communication and corrective actions.

The Must-Haves
• Background: Associate’s degree in Accounting, Finance, Business Administration, or a related field, or a High School Diploma/GED.
• Experience: 2 years of experience in billing, accounting, accounts receivable, or revenue cycle management with an Associate’s degree, or 4 years with a High School Diploma/GED.
• Skills: Proficiency in Microsoft Excel and Microsoft Office applications; working knowledge of accounting principles and billing processes; strong organizational, analytical, and problem-solving skills; effective written and verbal communication.
• Bonus: 1 year of experience in healthcare, laboratory services, or Revenue Cycle Management (RCM) environments, coupled with strong customer service and relationship-building skills.