About Us

We’re a one-stop solution to help you get paid for every laboratory service you render.
Clean Claim Rate
0 %
1st Submission Pass
0 %
Denied Claims Processed
0 %
Lab Revenue Boost
Up to 0 %

Who We Are

LBS goes beyond medical billing

We’re your lab-specific partner in maximizing revenue across all 50 states. Our team of experts helps you streamline lab billing, from accurate coding and denial prevention to efficient claim reimbursement and follow-up. We set standards for the billing industry for laboratories and continually help you identify opportunities for getting every dollar you deserve. We equip you with the tools and expertise to overcome any billing hurdle, ensuring you can focus on what matters most – delivering exceptional lab services.

Our Mission

To be your full-time lab revenue partner

Laboratories are the backbone of modern medicine, delivering crucial diagnostic insights that fuel patient care. Yet, the complexities of medical billing can steal valuable time and resources from your core mission. That’s where LBS steps in. We’re more than just an average billing company; we’re your dedicated lab growth partner, specializing in lab-specific billing solutions in the US. 
Based on the challenges labs face in today’s healthcare landscape, we’ve made a team of coding and billing experts who understand the unique intricacies of lab coding, reimbursement, and compliance. Our mission is to empower labs to focus on delivering exceptional diagnostic services while we take care of growing your revenue and complying with the ever-changing healthcare regulations.

The Area of Our Expertise

Lab-specific billing & revenue cycle management

We’re an expert medical billing company laser-focused on maximizing the revenue cycle for laboratories and freeing your staff for their core tasks.

Unmatched Lab Billing Expertise

Our team consists of certified lab billing specialists and coders. They understand the intricacies of lab-specific coding, reimbursement, and compliance, ensuring accurate claims and maximized collections.

Industry-Leading Claim Rates

LBS surpasses the industry's average standards for calculating your lab billing and revenue cycle success. We consistently achieve a 99% clean claim rate and a 97% first-pass success rate, minimizing denials and delays.

Reduce Coding Errors by Up to 100%

Improper coding and documentation means slashed revenue for your lab. Our coding specialists super-accurately append ICD-10-CM, ICD-10-PCS, and HCPCS codes to each laboratory procedure for increased cash flow.

Boost Lab's Revenue by Up to 31%

Our data-driven approach and streamlined workflows ensure you capture every dollar you deserve for your laboratory services. We helped many labs boost their revenue to 31% after outsourcing their billing solutions to us.

Dedicated Lab Billing Support

Our team is available 24/7 to answer questions and provide personalized guidance to our lab clients in the US. Rest assured, our core values are clear communication and transparency in everything we do at LBS.

Comply With the Latest Lab Regulations

The average cost of a healthcare infraction is a whopping $9.4 million per incident! LBS ensures your laboratory adheres to HIPAA and other medical laws to avoid fines, penalties, and other sanctions, running your lab smoothly.

Speciality-Based Billing

We Cover Every Lab Specialty

LBS offers medical billing solutions based on your lab specialty.

Starting From Just 2.99%

If you aren’t satisfied with our specialized laboratory billing services within the first 30 days, we’ll refund your full payment with no questions asked.

Risk-Free Evaluation

Unlock the full potential of your lab's revenue cycle with LBS

Reduce Errors and Denials

Minimize costly mistakes and ensure your claims get paid the first time.

Improve Your Lab's Cash Flow

Get reimbursed faster with efficient claim processing and A/R management.

Gain Valuable Insights

Track your billing performance with detailed billing and revenue reports.

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