The ever-changing world of testing and laboratory billing has generated numerous questions in the minds of laboratory practice owners regarding the various aspects of testing. There may be some important questions for you to consider like- • Should you outsource billing or coding, or both? • Do you really want to deal with the hassles …

Too often, we witness hospital and individual healthcare providers expecting outpatient laboratory facilities to use the same revenue cycle management (RCM) module that they use and that is part of the EHR software. While the providers may believe the conventional RCM system to be the most cost-effective, it fails to take into account the specific …

Laboratory owners want an efficient laboratory revenue cycle management system, a system that would not only aid in business operations but also contribute to the overall business development. A streamlined approach, right from obtaining orders, processing them quickly and initiating the reimbursement process ensures the practice remains profitable. Medical laboratories see a number of patients …

Introduction to lab medical billing services Lab Services is a field of applied sciences in which a patient with certain health condition is tested for diagnosis, treatment, and prevention of disease. Medical labs are different in size and complexity and offer a variety of testing services. There are several types of labs like- Hematology Laboratory …

A Laboratory Billing Process can become extremely labor intensive when it comes to billing federal and commercial insurance payers for timely claim payments. In a laboratory medical billing Process, billing protocols need to be in place for obtaining timely payments. Efficient medical laboratory billing services providers always ensure that the eligibility is verified and any …

Laboratories have seen a high influx of patients over the last few years. Toxicology and radiology laboratories particularly. With state of the art tools at hand providing accurate diagnosis you require someone equally adept to handle the various administrative duties and various back-end processes. For choosing to neglect those is choosing to incur revenue losses. …