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
Leverage Agile Solutions
Our online patient and physician portals allow effective communication, information sharing, and complete transparency. Our agile solutions encourage and expect our customers to be involved in the entire process as they wish. Ultimately, we remove administrative burdens from your practice, lab, and providers and let you focus on quality patient care. Outsource laboratory medical billing services to LBs and achieve the right balance.
Get Greater Insights
We help you stay updated with your revenue cycle so you can monitor the financial growth of your practice. Our solutions allow you to evaluate your billing system with monthly analytical reports. It also helps our clients in faster and better decision-making. Our billing experts help lab technicians to make well-informed decisions and make actionable plans for their business growth with great insights. So you can head your business in the right direction.
Schedule a Demo
Looking for a reliable and efficient billing provider?
Fill out the form below to acquire the right consultation and reliable billing solutions.
Step-by-Step
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.
Track KPIs
We convert your raw health data into KPIs to gain a complete understanding of how your revenue cycle system doing.
Analytical Reports
Our comprehensive financial reports powered by data analytics, keep you informed about your current RCM patterns.
Data Integrity
Benchmark Results
Proactive approach
Strategic Partnership
Experience
Streamlined Workflow
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.
HIPAA Compliant
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).
Why
Partner
with LBS?
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.
Recent Blogs
Top 10 Common Medical Billing Issues and Their Solutions
The issue of medical billing is one that impacts each and every one of us who work in the healthcare business. Problems can arise from a variety of sources, including problems with claims and payments, a lack of cooperation from patients, and faults in the software...
What Is Medical Credentialing & Why Is It Important?
To understand “what is medical credentialing”, you need to focus on the process of getting affiliated with insurance payers. In addition, credentialing can be referred to as verification of healthcare providers whether they are qualified to provide care or not....
5 key points for providers to consider before outsourcing services
Being a healthcare provider or a practitioner, you might often find yourself in a place where you’re just wearing too many hats. Managing administration, financing, in-house billing which is a series of tasks in itself, makes practice less focused. This gets...
