Diagnostic Lab Billing Services
Dedicate Your Expertise to Diagnosing Patients, Not Paperwork
Specialized Diagnostic Laboratory Billing Company
Healthcare Billing Solutions Optimized to Increase Your Diagnostic Lab's Revenue
Diagnostic Lab-Specific Coding
Our team stays up-to-date on the latest HCPCS (Healthcare Common Procedure Coding System) coding guidelines, ensuring accurate and compliant claim submissions from the very beginning.
Meticulous Pre-Billing Scrutiny
We meticulously review all your diagnostic lab claims before submission, identifying potential errors or missing information that could lead to denials, saving, and ensuring you receive the full reimbursement.
Aggressive Denial Management
Our team keeps up if denials come across. We work directly with premium insurance companies to appeal denials and secure the rightful reimbursements for your diagnostic lab services.
Regular Reporting and Transparency
Receive comprehensive reports that detail your diagnostic lab's claim submissions, denials, and collections, allowing you to track your revenue cycle performance and identify areas for improvement.
Increase Your Diagnostic Lab's Reimbursement
- Increase reimbursements and maximize your lab’s revenue.
- Minimize claim denials with meticulous pre-billing and aggressive appeals.
- Free up your staff to focus on patient care, not paperwork.
- Gain valuable insights with clear and actionable billing reports.
Connect With Us Now
Our Revenue-Focused Diagnostic Lab Billing Services
Financial Analysis & Reporting
Medical Insurance Verification
Diagnostic Lab Coding Expertise
A/R Follow-Up & Appeals
Diagnostic Lab Claim Submission
Insurance Aging Reports
Diagnostic Lab Credentialing
Payment & Denial Management
Seamlessly Integrate With Your Existing Lab Information Systems (LIS)
Why Outsource Diagnostic Laboratory Billing to LBS
- Improved Cash Flow
- Reduced Lab Overheads
- Maximum Reimbursements
- Higher Patient Satisfaction
- Optimized Revenue Management
- Faster Insurance Payments
- Detailed Reporting for Transparency
- Seamless EHR Integration
Get Paid Faster. On-Time.
Our Process to Ensure Error-Free Billing for Diagnostic Lab Services
Patient Registration
We gather accurate patient information to ensure successful claim submission.
Patient Statement
Our team generates easy-to-understand patient statements for timely payments.
Charge Entry
Our expert coders precisely capture the services used and their charges.
Payment Posting
We punch payments to maintain clear financial records for your diagnostic laboratory.
Eligibility & Verification
We verify patient insurance coverage & benefits upfront, minimizing denials.
Insurance Verification
Double-check with the insurance company to guarantee coverage for your services.
Superbill Creation
We create superbills summarizing patient information, services, and charges.
Why Choose LBS Diagnostic Lab Billing Solutions
- ≈ 31% Increased Lab Revenue
- 99% Gross Collection Rate (GCR)
- 97% Clean Claim Rate
- 39% Denial Recovery Rate
- Less Than 15 Days A/R Aging
Certified Billers and Coders
Our team boasts certified medical billers and coders who stay current on the latest HCPCS guidelines, minimizing diagnostic lab billing errors and maximizing your first-pass claim success rate and overall cash flow.
Diagnostic Lab Specific Billing
We don't believe in the "one-size-fits-all" strategy, and we offer medical billing solutions that seamlessly adapt to your diagnostic lab's size and specific needs, ensuring you receive the right level of service without unnecessary costs.
Dr. Evelyn Wright
Anna Lee
David Kim
Schedule Risk-Free Evaluation