We Specialize in Providing a Full Suite Of
LABORATORY BILLING SERVICES
How Does LBS Optimize your revenue cycle?
Why Our Lab Billing Services For Your Practice?
Laboratory Billings offers efficient laboratory billing services and oversees all aspects of revenue cycle management. Our feasible and cost-effective solutions are tailor-made to meet the individual lab’s needs.
What Does LBS Offer?
We are one of the leading medical billing companies for labs that can help you gain an edge & streamline RCM with:
- 90% claims first pass rate
- 50k+ medical claims processed everyday
- An average of 8% decrease in AR within a month across all specialties
- EHR flexible solution
- Dedicated account managers
- Real-time analytics and reporting
- 7-14 days turn around time
- A 97% client retention rate custom interface with our proprietary practice management
Evaluate The Growth Of Your Business
Boost Your Lab RCM Cycle
We help you solve all the revenue cycle management challenges and maximize reimbursements from payers. In addition, our lab billing specialists help streamline laboratory operations to optimize workflows. Reduce inefficient financial cycles, speed up payments, and improve cash flow with our laboratory billing solutions. Similarly, our expertise helps you grow faster, elevate revenues, and reduce accounts receivable. Get paid for every claim with us.
Empowering Clinical and Reference Labs Financially
Our experts understand the complexities of both clinical and reference labs. Similarly, we make sure nothing hinders the revenue growth of clinical and reference labs. The laboratories can improve overall collections with our revenue cycle experts. In addition, we offer customized lab billing solutions according to your needs. Our accurate lab coding, proactive claims review before submissions, and payment posting help you improve revenue cycle performance. So, focus on core business operations and let us manage your billing.
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Towards Financial Resilience
Incredible RCM expertise set us apart. But that’s only half the story. By bringing together industry experts with diverse data sets, advanced analytics, and best-of-breed technology, we assist our clients to simplify the complicated administrative workflows and deliver actionable insights to the health revenue leaders. From filing clean medical claims to patient collections, our teams are at the forefront to propel your business growth. Learn how Laboratory Billings supercharges the entire revenue cycle and keeps its clients in the loop.
We convert your raw health data into KPIs to gain a complete understanding of how your revenue cycle system doing.
Our comprehensive financial reports powered by data analytics, keep you informed about your current RCM patterns.
Do you know what is the secret of a successful business administration? Every organization around the world that has high goals to achieve always leverages the power of “Big Data”. Since LBS is one of the most innovative laboratory billing companies.
Therefore, it offers the right solutions that can help you organize data in a well-structured way. Our advanced LIMS (Laboratory information management system) is designed to organize your data flow throughout the lab revenue cycle management system like denial management & AR recovery services.
Laboratory Billing Services
Laboratory Billings provides HIPAA-compliant billing services. From a business point of view, we conduct a risk assessment within organizations. Our certified laboratory medical billing specialists are well-versed with HIPAA protocols and guidelines.
Just like the most reliable lab billing companies, we safeguard protected health information (PHI) with a well-secured communication network. We prosper the value of your practice digitally as per the guidelines of the Centers for Medicare & Medicaid Services (CMS) and Affordable Care Act (ACA).
Due to the rising demand, there is tremendous potential in healthcare practice to boost its income growth. Is your medical lab generating enough revenue to achieve your business success goals? If not, then you should immediately acquire better medical billing solutions.
Laboratory Billings offers all-in-one laboratory billing solutions to help you overcome all the challenges. We are focused to drive high financial conversions for medical labs with greater insights. Because we perform as an extension of your office to provide you advanced and highly converting laboratory billing solutions.
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