Billing Coordinator III
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Job Description
Billing Coordinator III managing healthcare billing workflows for Labcorp. Responsible for claims processing, resolving discrepancies, and ensuring compliance with payer requirements.
Responsibilities:
- Perform high-volume billing data entry and complete assigned billing workflows (e.g., reporting, work queues, inventory tracking)
- Review, validate, and process claims to support accurate billing and timely reimbursement
- Contact insurance payors to resolve claims, denials, and billing discrepancies
- Review insurance eligibility, benefits, and coverage to support accurate claim submission and prevent errors
- Analyze billing issues, perform root cause analysis, and resolve denials, rejections, and discrepancies
- Monitor claim status and follow up on outstanding accounts to support timely payment
- Track productivity and quality metrics, including error rates, volume, and case completion
- Maintain accurate documentation and ensure compliance with payer and operational requirements
- Develop and update SOPs and support process improvements to enhance billing accuracy and efficiency
- Train and support team members on workflows, systems, and process updates
Requirements:
- High School Diploma or GED equivalent
- 3 or more years of experience in healthcare billing, revenue cycle operations, insurance claims processing, denial resolution, or payor interaction
- Strong understanding of billing workflows, including eligibility and denial management
- Experience with insurance claims processing and payer portal navigation (preferred)
- Knowledge of Medicare, Medicaid, and commercial insurance plans (preferred)
- Familiarity with revenue cycle systems (e.g., billing platforms, CRM tools) (preferred)
Benefits:
- Medical
- Dental
- Vision
- Life
- STD/LTD
- 401(k)
- Paid Time Off (PTO) or Flexible Time Off (FTO)
- Tuition Reimbursement
- Employee Stock Purchase Plan
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