What LBS Offers?
effective lab billing services
Laboratory Billings offers efficient business management services and oversees all aspects of revenue cycle management including Denial Management & AR recovery. Our feasible and cost-effective solutions are tailor-made to individual client’s needs. AT LBS, we ease the burden of lab medical billing services for all sizes of laboratories.
WHAT COMES WITH LBS
- Dedicated account managers
- Real-time analytics and reporting
- An average of 8% decrease in AR within a month across all specialties
- A 97% client retention rate custom interface with our proprietary practice management
Drive Client Satisfaction
Today, several practitioners find their laboratory business growing monthly charges but aren’t achieving their actual financial objectives. They require a dedicated team that stays active and consistently follow up on the current medical claims billings. Laboratory Billings help medical lab practitioners with excessive amounts in medical AR that are older than 180 days outstanding with reliable accounts receivable recovery services.
Provide Analytical Report
Our competitive and supportive laboratory billing company helps practitioners to monitor the entire revenue cycle of their practice, allowing faster and better decision-making. Our extensive feature of analytical reports provides complete visibility to our clients into the lab billing processes and results. Our market-leading all-in-one analytical laboratory billing solutions offer complete transparency and collaborative planning for your practice.
Stop Revenue Leakage
Follow Up Engine
Most laboratories lose a significant amount of revenue between the cracks. They often don’t have time to aggressively follow-up on outstanding dollars (AR). In contrast, professionals at Laboratory Billings dedicate their expertise to accurately pursue your outstanding claims.
We integrate the latest technologies like insurance specific follow-up engines and predictive claim management tools with your existing systems. Hence, our reimbursement specialists drive the financial growth of your practice at its best.
Our advanced LIMS (Laboratory informative management system) is specifically designed to capture and manage your data flow throughout the billing process. We optimize your administrative responsibilities with safe, secure and fast data management solutions. Hence, you can obtain all laboratory management solutions customized to your specialties from a centralized location.
We build trust with our customers by providing guaranteed outcomes via reliable laboratory medical billing services.
Laboratory Billing Services
Laboratory Billings provides HIPAA compliant medical billing services. From a business point of view, we conduct a risk assessment within organizations. We make sure the existence of an administrative, physical and technical safe zone to receive, store and transmit patient health information. We prosper the value of your practice digitally as per the guidelines of Centers for Medicare & Medicaid Services (CMS), American Medical Association (AMA), American Academy of Professional Coders (AAPC), and Affordable Care Act (ACA).
Our team is comprised of laboratory billing subject-matter experts. They have extensive experience and in-depth knowledge of practice management systems. We perform as an extension of your office to provide you advanced laboratory billing solutions for a host of administrative problems.
We file every claim through the billing process and focus on how we can improve your operational capabilities and allow you to give an instant boost of positivity to your bottom line.