Toxicology Billing

Say Goodbye to Claim Denials and Welcome Increased Reimbursements

Streamline credentialing and enrollment for your laboratory with record turnaround and start working on what matters most – your patients! We ensure fast in-network integration, unlocking your privileges and increasing timely reimbursements. 
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toxicology lab billing

Industry-Leading Toxicology Billing Services

We understand that accurate and compliant medical billing is just one piece of the puzzle. That’s why we go above and beyond the basics to ensure your toxicology lab billing brings in the above-industry standards.

In-depth Toxicology Expertise

Our team of medical billers and coders are fluent in the complexities of toxicology testing. This specialized knowledge and experience help us navigate even the most nuanced billing scenarios for your unique services.

Staying Ahead of the Curve

The world of toxicology billing is constantly evolving. We have a dedicated team committed to staying up-to-date on the latest coding regulations and industry’s best practices, ensuring your billing maximizes your revenue potential.

Transparency and Collaboration

We take pride in our clear communication and collaborative approach. We work closely with your team to understand your specific billing needs, ensuring your medical billing reflects the high standards of your toxicology laboratory. 

Toxicology lab billing = Complex codes + Ever-changing regulations.

The results? Frustrating lab denials.
You deserve the best, not just better. So, stop losing your lab revenue on outdated general medical billing and start working with LBS’s specialized solutions to streamline your toxicology lab revenue cycle. 
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Core Services for Seamless Toxicology Billing

We offer a comprehensive suite of toxicology billing services specifically designed to streamline your revenue cycle, maximize reimbursements, and free you to focus on what matters most – accurate testing.

Patient Registration & Insurance Verification

We handle patient demographics, insurance verification, & communication with patients, payers, & providers, ensuring accurate data capture from the outset, minimizing errors that could delay billing.

Toxicology Coding

Our team of toxicology coding experts are well versed in toxicology-specific CPT and HCPCS Level II codes. We use advanced tech to ensure error-free coding for every test, maximizing your lab's financial return.

Lab Claim Submission & Follow-Up

We electronically submit claims directly to insurance companies, expediting processing times. Our toxicology billing experts follow up on claims to ensure prompt reimbursement and handle any discrepancies or denials efficiently.

Go Beyond Just the Basics And Transform Your Toxicology Lab Revenue Cycle

toxicology lab billing services
Toxicology RCM
We offer comprehensive revenue cycle management for toxicology labs, including denial management, A/R management, and insightful reporting. 
Our services integrate seamlessly with your existing toxicology Lab Information System (LIS) to minimize data entry errors and streamline the entire billing process.
We navigate the complexities of obtaining prior authorization for specific toxicology tests, ensuring claims are processed and paid promptly.
Our toxicology billing specialists manage patient billing and collections, freeing your staff to focus on lab operations like testing and analyzing patient’s fluids.
Get valuable insights into your toxicology billing performance, helping you identify areas for improvement and optimize your revenue cycle.
We stay current on ever-evolving toxicology billing regulations, ensuring your toxicology billing practices are compliant and minimize the risk of penalties.
Charge Lag Below
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Clean Claims Ratio
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Claim Denial Rate
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Gross Collection Rate
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Minimum A/R Aging
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Your Antidote to Toxicology Billing Errors.

We’ve seen it all, from complex coding scenarios to obscure bundled services. And we have avoided and fixed all the billing errors you can imagine, ensuring fewer errors, faster reimbursements, and maximized revenue for your lab.
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Why Outsource Toxicology Billing Solutions?

Running a toxicology lab requires consistent focus on delivering accurate and timely test results. But navigating the complexities of medical billing can be a major distraction. Outsourcing your billing to LBS helps take non-core lab tasks off on your shoulders.

Reduce Toxicology Lab Costs

Outsourcing eliminates the need for in-house billing staff and infrastructure, saving you valuable resources. Our economies of scale and advanced technology also translate to improved efficiency and lower overall operational costs.

Faster & Timely Reimbursements

Our team of toxicology billing experts works tirelessly to ensure accurate and timely claim submissions, reducing denials and delays. This guarantees improved collections and a healthier bottom line for your toxicology lab.

Superior Claim Accuracy

Our team ensures your billing practices are compliant & efficient, allowing you to operate with confidence. We strictly adhere to toxicology coding & billing guidelines, ensuring you get 99% clean claims ratio, reducing denials and delays.

Proactive Denial Management

Even with the detailed preparation, occasional denials can arise. Our toxicology billing team specialists have a proven track record of resolving these issues promptly, minimizing lost revenue for your laboratory. 

Integrate With Your Existing LIS/ EHR

Jacob Matthew

Director of Toxicology
LBS decoded toxicology billing for our lab and the revenue boosted by 33% after their team started managing complex coding. They also helped us maximize reimbursements for our toxicology lab by minimizing denials down to 0.31%.

Daniel Robert

Lab Billing Manager
LBS slashed our toxicology denials by 71%! Their in-depth knowledge ensured accurate coding and maximized lab collections. We see a 27% revenue increase with their specialized toxicology lab billing solutions.

Alice Johnson

Lab Director
LBS streamlined our billing for our toxicology laboratory in California! The turnaround times are down by 40%, boosting lab efficiency. Their expertise in toxicology-specific coding and regulatory compliance minimizes errors.

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