It is true that laboratory billing is quite distinct from any physicians or hospital billing process. It is clearly an interaction that happens between a pathology center and a clinical lab with a payer. From the specimens of a patient sample, the codes used by a lab include the required services. The labs carry out testing procedures for the samples provided by the doctor.
♦ Hence, collection of the right information from the doctor is pivotal to lessen any denials or rejections. The samples in labs are screened or prepared by qualified personnel of the laboratory. Hence, the lab technicians are quite bogged down with a lot of patient priorities and responsibilities.
♦ Also, there are other cases where the tests are conducted in a separate facility while the back office responsibilities are managed by a separate department. The pathologist will be engaging with the patient and perform evaluation and management services.
In such cases, they will be billing only for those services. Hence it is quite clear that laboratory billing requires specialized intervention. A quality laboratory billing and coding services company can implement the required checks and balances. Based on the type of services, laboratory billing can be categorized into two main types:
♦ Clinical laboratory Services: It involves the examination of the samples obtained from a human body for medical condition interpretation and to make a decision for diagnosis, treatment or prevention.
♦ Diagnostic laboratory Services: Diagnostic Lab services are different from other clinical tests. The clinical tests need a pathologist and a lab technician to interpret and run samples whereas a physician or a certified professional performs diagnostic services.
The Sunknowledge Narrative – Laboratory Billing
Over the last decade, we have been holding center stage with our disciplined range of laboratory billing services. We believe in working as a reliable operational arm, understand what it takes to define your ROI in the best possible manner. Moreover, at present, our team knows how to work on clinical as well as diagnostic laboratory billing services and can reduce your operational expenses by almost 80%.
♦ Our niche presence, versatility and competence are what that separates us from the rest. If you are looking for a genuine partner that can secure your collections in laboratory billing in the long run, we are right here to help you.
♦ Hire us if you want a complete transformation in your flow of cash. We believe in delivering you trusted support that can inspire your practice’s financial growth.
♦Our range of services in laboratory billing includes hospital and outpatient labs, clinical labs, molecular diagnostics, pain management and toxicology laboratories and pathology centers.
♦We do it all right from patient demographic entries, medical coding, claims submission, denial management, AR collections and payment posting services. The best part, we cater all our services at just $7 per hour.
Speak to our experts and come to know why we are hailed as a top class laboratory billing services partner. We are different as we know how to work on your financial ROI in best proportions.