Pricing Analyst

At Labcorp we believe in the power of science to change lives. We are a leading global life sciences company that delivers answers for crucial health questions because we know that knowledge has the potential to make life better for all. Through our unparalleled diagnostics and drug development capabilities, we provide insights and accelerate discoveries that not only empower patients and providers but help medical, biotech and pharmaceutical companies transform ideas into innovations.

Duties & Responsibilities:

• Review Special Pricing Requests and any pricing related cases within Customer Master Group to approve pricing as required.
• FUTURE Configure Price Quote (CPQ) Product: Review special price request and analyze data as needed by divisional management.
• Assist with GPI (General Price Increase) per management guidelines
• Track and analyze test utilization, margin, price and expense opportunities for large clients, including health systems, group purchasing organizations and state primary care associations.
• Makes recommendations to management and decisions when necessary.
• Create, review and process invoices, payments, accruals and client-facing reports associated with indigent testing allocations, capitated payment arrangements, GPOs and lab management deals.
• Interfaces with customers as needed.
• Review, perform, track and monitor zero-priced test and draw analyses as required by divisional guidance.
• Perform impact analyses to include price changes, bill mix shift, indigent funding scenarios.
• Provide recommendations on optimal approach.
• Joins client meetings as necessary.
• Perform profit and loss (P&L) analyses as requested by divisional guidelines.
• Assist with contracted clients price reviews, recommends price strategies in contract bids, and applies price increases per contract terms.
• Provide utilization and client specific report requests per divisional guidelines.
• Provide divisional contracts department with requested data to implement and execute client agreements.

Education and Certification:

• Bachelor Degree Proficient in EXCEL, ACCESS, Alteryx and Smart View.

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.

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