Laboratory Billing Services

Remote Expert Solution’s Laboratory Billing Services

Remote Expert Solution offers comprehensive lab billing services encompassing every facet of medical revenue cycle management (RCM), ranging from payer credentialing to the collection of aged accounts receivable (AR). Our laboratory medical billing services can be tailored as a standalone solution or as part of a fully customizable package. This package may include a variety of services such as insurance verification, patient billing, aged AR collections, medical coding, billing software, and beyond.

2023 Case Study Results

LAB MEDICAL BILLING SERVICES FOR MAXIMUM REIMBURSEMENT

Remote Expert Solution’s expert billing services for medical laboratory operations involve meticulously reviewing and submitting claims within a short timeframe, followed by diligent tracking of all claims until they are processed and paid, leading to a significant boost in revenue.

Comprehensive Laboratory Billing Solutions

Unlike several medical billing companies that exclusively cater to high-value providers, Remote Expert Solution offers an innovative approach that is well-suited for lab billing solutions, particularly for processing a large volume of low-value claims. Our system’s efficiency enables us to swiftly review and file hundreds of claims, typically within 48 hours. Additionally, each client is assigned a dedicated manager who meticulously tracks all claims to ensure prompt reimbursement for each one.

Full-Service Lab Billing Company & Solutions

Remote Expert Solution provides comprehensive support for all facets of lab revenue management. While clients typically begin with lab medical billing, they often expand to include collections and other services upon witnessing the effectiveness of our system in managing their claims. This expansion frequently includes services related to payer interactions, such as credentialing, which can be time-consuming. Moreover, we excel in managing aged accounts receivable (AR), successfully securing payment for bills dating back up to a year. Our team is equipped to handle various tasks including payer credentialing, patient insurance coverage verification, compliance audits, and any additional requirements you may have.

Claims Management & Assessment

The primary goal of a lab medical billing service is undoubtedly to secure reimbursement for the services rendered to patients. Our seasoned billers meticulously review and scrub claims to eliminate errors prior to submission, significantly minimizing rejections and denials. In cases where such issues do arise, our system excels at swiftly identifying and rectifying them, ensuring a high success rate. Abandoned claims can result in substantial revenue loss, which is why our system includes comprehensive tracking of each claim to guarantee payment, regardless of its value.

Collections – Old AR and Current Charges

Apart from reimbursement obtained directly from claims, there are frequently outstanding balances owed by patients, collaborating providers, or other payers, all of which we manage. Through clear communication and the implementation of an efficient system, our laboratory billing company achieves significantly higher receipts than the norm. Our success extends to managing aged accounts receivable (AR), even for balances overdue by up to a year. By optimizing the billing cycle to minimize denied claims across various laboratory types, we enhance the billing process for both clinical and reference labs.

EHR/EMR Integration

To prevent claim denials resulting from coding errors, software updates are necessary on a frequent basis. Yet, the expenses associated with maintaining such an information system can be a significant barrier for labs. An advantageous aspect of partnering with an independent laboratory billing services and solutions company is the alleviation of concerns regarding staying abreast of coding changes and payer requirements.

Always Up to Date

At Remote Expert Solutions, our coding and billing teams are not only highly skilled and experienced but also undergo continuous training as an integral part of our business model. This ensures that everyone remains current on code changes and new payer requirements. Another distinguishing feature of our claims management process is our commitment to identifying the root cause of rejections or denials and providing re-training to the responsible party to prevent recurrence of errors. Therefore, our lab billing solutions can significantly enhance and optimize your billing process.

The Lab Business Isn’t Getting Any Easier

Leverage Resbilling’s lab expertise to improve efficiency and increase revenue.

Detailed and Transparent Reporting

By entrusting your laboratory medical billing solutions to Remote Expert Solution, you can delegate the time-consuming and often monotonous tasks while maintaining full visibility into your revenue status. Our reports are regularly provided to keep you informed about various key performance indicators (KPIs). You’ll have insights into metrics such as payment turnaround time and the accounts receivable balance relative to the value of services rendered. You’ll observe an acceleration in payment receipt and a reduction in the proportion of outstanding bills after engaging our services.

Risk Free Partnership

Our innovative approach to medical billing for laboratories is incredibly successful, so much so that we offer a guarantee of at least a 10% revenue increase. Unlike some other laboratory billing companies, we have no hidden fees. Your account won’t be burdened with startup charges or setup fees.
When you choose to outsource laboratory medical billing to Remote Expert Solution, you’re partnering with a trusted ally whose sole focus is on ensuring your success.