Financial Acquisition Analyst

Company: Labcorp
Location: Burlington
Posted on: November 13, 2023

Job Description:

Labcorp is hiring a Financial Acquisition Analyst. This is a key role for Labcorp that will be focused on analyzing mergers and acquisitions. The ideal candidate will have experience in CPT or medical coding and have solid data skills. Advanced Excel skills area must-have for the qualified candidate and any addition skills including Access, Alteryx, or Tableau will be beneficial. RESPONSIBILITIES

• Perform revenue compression analysis for each M&A project and highlight to senior management any financial concerns.
• Need to identify outliers and/or exceptions and potential issues.
• Track status and progress of all acquisitions.
• Review acquisition detail and map appropriate payor name.
• Establish and maintain a payor name cross reference.
• Assist with maintaining Fee Schedule library.
• Review payor/CPT level data for M&A target to identify any underlying issue with data.
• Perform the revenue build/compression analysis (extend our rates to M&A volume) for each M&A project and highlight any financial concerns.
• Produce necessary support for any shared savings programs with our Managed Care Payors through various agreed upon approaches.
• Identify and explain overall Managed Care trends.REQUIREMENTS
  • 3 or more years of relevant financial analysis in laboratory/healthcare industry.
  • Preferred - Prior Managed Care experience in analysis support specifically in the laboratory industry with knowledge of CPT Coding.
  • Experience with high end financial reporting systems and analytics platforms such as Excel, Access, SAS, Tableau and Alteryx.
  • Excellent communication skills. EDUCATION
    • Associate s Degree and 3 or more years of relevant experience. Bachelor s Degree preferred. Pay Range: $49,920 95,000 annual salaryBenefits: 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. Regular, full-time or part-time employees working 20 or more hours per week are eligible for comprehensive benefits including: Medical, Dental, Vision, Life, STD/LTD, 401(K), ESPP, Paid time off (PTO) or Flexible time off (FTO), Commissions, and Company bonus where applicable. For more detailed information, please click here. Labcorp is proud to be an Equal Opportunity Employer:As an EOE/AA employer, Labcorp strives for diversity and inclusion 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 of the individual and do not discriminate based upon race, religion, color, national origin, gender (including pregnancy or other medical conditions/needs), 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. We encourage all to apply.For more information about how we collect and store your personal data, please see our Privacy Statement. Associated topics: analyze, business analyst, business finance, examiner, financial reporting analyst, investment banking, investment fund, market, refinement, regulation

Keywords: Labcorp, Burlington , Financial Acquisition Analyst, Professions , Burlington, North Carolina