- Cardiology
- Anesthesiology
- Pediatrics
- Internal Medicine
- Radiology
- Audiology
- Allergy & Immunology
- Ambulance Billing Services
- Bariatric Surgery
- Chiropractic
- Dermatology
- Dentist
- Ear Nose & Throat
- Emergency Medicine
- Endocrinology
- Family Practice
- Gastroenterology
- Geriatrics
- General Surgery
- Hematology
- Home Health Service
- Vascular Surgery
- Infectious Disease
- Internal Medicine
- Laboratory Billing
- Maternal Fetal Medicine
- Mental Health
- Neonatology
- Neurology
- Oncology
- OB/GYN
- Oral Surgery
- Ophthalmology
- Optometry
- Orthopedics
- Osteopathic
- Workers Compensation
- Pathology
- Urology
- Physical Therapy
- Physiotherapy
- Plastic Surgery
- Podiatry
- Psychiatry
- Rheumatology
- Speech Therapy
- surgeon-surgery
- Telemedicine
It is crucial that your revenue cycle is managed by a skilled and highly experienced Laboratory Billing firm. Laboratory Billing presents greater complexities compared to other specialties, primarily due to intricate billing codes. As such, having adept Laboratory Billing coders who possess comprehensive knowledge of Laboratory Billing terminology, coding, and billing procedures is indispensable.
How We Can Help in Laboratory Billing Services
With extensive experience in Laboratory billing services, ProcareMedex Billing has a proven track record. Our proficient Emergency Laboratory team ensures precise billing and coding, maximizing timely reimbursements. To learn more about how we can assist you in optimizing your Laboratory Medical service reimbursements, reach out to ProcareMedex at 732-952-1990 or email us at [email protected].
Our offerings encompass a wide range of Laboratory Medical billing services, including tailored solutions such as:
Verification of Insurance Eligibility Services
We’ll assess eligibility to confirm that patients qualify for benefits related to Laboratory Medical services as per their insurance policy, and we’ll also verify if their patient plan requires a referral or pre-authorization. Once verified, we calculate the deductible amount and the patient’s co-payment. Our Laboratory Medical billing services are designed to improve cash flow, enhance reimbursements, and provide insurance eligibility verification.
Demographics & Charge Entry Services
The primary stage within the billing procedure involves charge entry. This phase dictates the payment amount for the healthcare institution. It’s crucial to possess a skilled team dedicated to inputting patient demographics accurately into the system.
Our team specializing in Laboratory Medical billing services is well-equipped to provide you with impeccable patient demographic and Laboratory Medical charge entry services, ensuring accuracy and quality.
Laboratory Billing & Analysis
In order to confirm the accuracy of offered services and apply the relevant cardiac codes, our Medical Billing team in the Laboratory Medical department reviews multiple elements within a patient’s record. These include the physician’s transcriptions, diagnostic test results, imaging findings, and various other references.
Mistakes in code input can lead to ongoing claim rejections, inadequate payments, and disruptions in our operational processes. These difficulties can subsequently give rise to unnecessary challenges in managing claims and intricate issues in the realm of medical billing.
AR Follow up Services
Tracking all accounts receivable cases can be a challenging and time-consuming task. In order to minimize the number of days outstanding in accounts receivable, we are committed to diligently pursuing unpaid claims in the field of Laboratory Medical services. Our team responsible for managing Laboratory Medical receivables also ensures swift action in appealing denied or underpaid claims. This proactive approach guarantees timely processing and reimbursement of these claims.
Laboratory Medical Services Collection & Denial Analysis
The Laboratory Medical billing department examines various sources within a patient’s record, including the physician’s notes, imaging findings, diagnostic test results, and other references. This is done to validate the procedures conducted and allocate the correct Radiology Codes.
In cases where a claim is rejected due to insufficient information, any missing details are promptly completed. Our skilled Laboratory Medical billing professionals and analysts are available to support you in monitoring claim denials, examining the causes behind them, and working to minimize their occurrence.
Posting Payments
In the realm of identifying payer-related issues, payment posting serves as the primary defense. Instances such as denials based on medical necessity, services not covered, and prior authorization are pinpointed and directed to the relevant members within the Laboratory Medical RCM team.
Our process involves a thorough examination of Electronic Remittance Advice (ERAs) and scanned Explanation of Benefits (EOBs) to guarantee accurate submission of payment details. Subsequently, this information is meticulously integrated into the respective patient accounts.
Providers Credentialing Services
Credentialing of providers is a crucial stage within the revenue cycle, solidifying the connection between a physician or provider and payers. This process enables patients to utilize their insurance cards for payment when receiving Laboratory Medical treatments, facilitating reimbursement for the medical services provided to the physician.
Through the implementation of ERA setups, our Radiology billing team achieves a series of benefits. These include an increase in referrals generated, a reduction in revenue loss, a decrease in denial rates, and the identification of patterns in provider behavior.
Laboratory Medical Billing Software ProcareMedex Medical Billing Supports
Billing software is an integral part of the revenue cycle management process. The extensive administrative procedures and billing tasks often consume significant time and resources due to their reliance on paper-based processes. In the realm of coding, claim filing, and tracking, contemporary Laboratory Medical billing software solutions empower billers to optimize their efficiency.
Our team possesses proficiency in a variety of tools and technologies for Laboratory Medical billing, extending to various other specialties as well. We are well-equipped to handle a wide range of major medical billing software, including but not limited to Practicefusion, Allscripts, CureMD, CollaborateMD, Medisoft, Medical Manager, Docutap-Experity, eClinicalWorks, NextGen, Advanced MD, Kareo, Gorev, Elligence, and more.
Why Choose ProcareMedex for Laboratory Health Service Medical Billing Services
• Our range of Laboratory Medical Medical Billing Solutions is designed to cater to the unique needs of your healthcare organization. ProcareMedex Medical Billing possesses extensive experience in collaborating with both short-term and long-term care facilities, spanning from individual hospitals to expansive healthcare systems encompassing multiple locations and specialized programs. By entrusting your Radiology billing to ProcareMedex Medical Billing, you unlock access to a diverse array of resources. Opting for us as your medical billing and coding partner means benefiting from HIPAA-compliant Radiology billing services, along with leveraging cutting-edge tools and technology.
• Our team of experts is at your service round the clock, providing not only prompt billing solutions but also addressing any inquiries you may have. Our medical billing and coding services are tailored to be cost-effective and customized to your precise requirements.
Key Points That Makes Us Best Medical Billing Company
• Our team ensures a 20% reduction in front-end denials.
• Enhance the accuracy of fee assessments and collections.
• Mitigate concerns related to manual data entry and enhance the efficiency of the RCM system.
• Skillfully negotiate out-of-network agreements.
• Optimize cash flow through meticulous payment posting and refined refund adjustments.
• Receive personalized attention from an account manager dedicated to fulfilling all your needs.
• Witness a consistent increase in collection ratios through expedited account receivable processes.
• Experience top-tier cardiology billing and collection services with a strong emphasis on precision and quality.
• Streamline processes and uphold punctual follow-up practices.
• Access easily scalable services at any point in time.
• Utilize cutting-edge technology and tools to maximize efficiency.
So why wait? Schedule an appointment now and avail yourself of the opportunity to collaborate with Laboratory Medical billing specialists. Discover how we can significantly elevate your cardiac service reimbursements.