Laboratory Billing Services
Our laboratory billing service provides tailored solutions aimed at enhancing the revenue cycle for pathologists. We specialize in optimizing processes related to coding, billing, collections, and reporting, ultimately resulting in expedited payment processing and reduced instances of claim denials.
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We support you in efficiently managing and analyzing your data by offering top-notch software and scalable Electronic Health Record (EHR) solutions tailored to your needs.
What sets our laboratory billing service apart and makes us the ideal choice for your needs?
We excel in maximizing instrument efficiency and minimizing downtime by ensuring prompt billing and reimbursement for all your tests and services.
Our approach involves standardizing testing protocols and workflows through the provision of up-to-date coding and compliance guidelines, ensuring consistency and efficiency in your operations.
We assist you in remaining current and compliant with the dynamic regulations and standards within the laboratory industry, ensuring that your operations consistently meet the necessary requirements.
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We serve as your comprehensive medical billing company, specializing in laboratory billing solutions to meet all your needs in one place.
Integration with Laboratory Information Systems (LIS) is one of our key features.
We provide effortless integration with your current Laboratory Information System (LIS), enabling automated data entry, coding, and billing procedures. This integration minimizes errors, enhances efficiency, and saves time.
Ensuring compliance with ICD-10 coding standards is a fundamental aspect of our service.
Our proficient ICD-10 coding guarantees the accuracy and compliance of your claims with the most recent regulations. Our certified billers possess expertise in coding various types of lab services, including clinical, diagnostic, surgical, and molecular procedures.
Utilization of advanced claim scrubbing techniques
We provide advanced claim scrubbing and denial management services to identify and rectify errors, minimize rejections, and optimize reimbursements. Our team follows up with payers and handles appeals for denied claims on your behalf, ensuring faster payments and maximizing your revenue.
Pre-authorization for Patient Eligibility
Our automated patient eligibility verification service allows you to confirm your patients’ insurance coverage and benefits before conducting lab tests. This proactive approach minimizes the likelihood of denials, bad debts, and write-offs while enhancing patient satisfaction.
Negotiating Contracts
Take advantage of our tailored fee schedule and contract negotiation services, designed to assist you in establishing and revising your charges according to market trends, payer policies, and your expenses. We negotiate with payers on your behalf to secure favorable rates and terms for your lab services, ensuring you receive optimal reimbursement.
Additional Benefits
Our billing service operates on a percentage of your collections basis, ensuring that you only pay when you receive payment. Additionally, we offer supplementary services including credentialing, auditing, consulting, and marketing to support the growth of your business and enhance your competitive position in the market.
Here's how our process operates
Our billing service for laboratories
Say goodbye to billing headaches!
Our comprehensive billing services handle the entire process from start to finish, ensuring that you not only get paid promptly but also remain compliant with all legal requirements. With us managing your billing needs, you can dedicate your time and energy to what you’re truly passionate about.
Boost your cash flow
We help boost your revenue by electronically submitting your claims, diligently following up on unpaid claims, and resolving any issues or disputes with payers.
Additionally, we provide you with comprehensive and up-to-date financial reports detailing metrics such as outstanding balances, collections, and revenue cycle statistics. These reports offer valuable insights into your cash flow, empowering you to make informed decisions for your practice’s success.
Guaranteed Excellence
Our lab billing service meticulously checks and reviews your claims and paperwork on a regular basis to ensure they are accurate and complete.
Additionally, we continuously track and measure the performance of your billing processes, providing insights and recommendations for improvement. By partnering with our lab billing service, you can rest assured that your billing and coding processes are consistently excellent and reliable.
Streamline Your Processes with Automation
Our cloud-based medical billing software streamlines and accelerates your work by automating bill claims and payment procedures.
Not only does it reduce paperwork, but it also ensures accuracy and compliance while facilitating seamless digital workflows. With cloud-based medical billing software, you can access your data and information from anywhere, collaborate with your team and partners effortlessly, and integrate with other systems and software seamles
Tap into Expertise
Our team of experts possesses vast knowledge and experience in laboratory billing and coding. They stay abreast of the continuous changes and updates in billing regulations, policies, and standards.
Furthermore, they offer invaluable advice on adopting best practices and implementing strategies to optimize your billing and coding processes.
Our Happy Clients Say!
TechCare Global Medical Billing's precision and expertise have revolutionized our practice's billing efficiency, minimizing errors and maximizing revenue. Their exceptional support and commitment to accuracy make them an invaluable partner for any healthcare provider
Thanks to TechCare Global for their superb assistance and effectiveness. Their support has greatly improved our billing procedures, resulting in increased revenue and decreased stress levels. I highly recommend their services!
Partnering with TechCare Global Medical Credentialing has significantly streamlined our credentialing process. Their expertise ensured seamless navigation through insurance networks, freeing up time for patient care. Highly recommend it for practice growth.
Thanks to TechCare Global Accounts Receivable (AR) Recovery and Denial Management, our practice has seen a remarkable improvement in revenue collection. Their proactive approach and expertise have drastically reduced denials and increased cash flow. With their assistance, we've experienced a smoother billing process, allowing us to focus more on patient care.