Independent Laboratory Billing
Independent clinical laboratories face a complex environment for billing and reimbursement, especially with new molecular and genetic tests introduced on a regular basis.
AdvantEdge has over 30 years of experience coding and billing for pathology laboratory services. Our knowledgeable team of clinical lab billers deal with these complexities daily, staying up-to-date with billing rules and ever-changing payer requirements. Documentation feedback, compliance advice and pertinent billing and reimbursement changes are communicated to our client physicians and staff on a regular basis.
Laboratory Billing Service: ClientFirst
Pathology labs expect and depend on more than basic billing and coding. They need responsive service to address questions and opportunities that arise such as upfront collection for patients with high deductibles, competition from national labs and in-office labs, changing laboratory reimbursement rates and participation in potential ACO discussions. AdvantEdge ClientFirst service responds to these needs and many more. The AdvantEdge Client Manager is your partner and is available at any time to answer questions and to proactively provide information and insight about healthcare challenges that could affect your laboratory.
Laboratory Billing Analytics and Business Intelligence
The revenue cycle process is essential to create and capture financial information about a laboratory and its operations, productivity and quality of services. Laboratory practice leaders need easy, hands-on access to current data via reports, dashboards and downloads. The AdvantEdge Analytics (A2) dashboard delivers up-to-date information on charges, adjustments, payments, volume, A/R and more. Log on 24/7 for drill-downs, downloads and flexible time frames. All in a fully HIPAA-secure environment.
The IA2 portal also offers business intelligence capability. AdvantEdge clients and client managers rely on this powerful tool to quickly identify bottlenecks, analyze trends, and answer payer and client questions. It also provides customized one-time and recurring reports, flags when any metric exceeds a threshold and much more.
Contact AdvantEdge today
Labs looking for complete billing solutions find them with AdvantEdge: consistently strong cash flow, powerful tools to assist enhanced decision-making and personalized ClientFirst service anytime, anywhere.
Call 877 501-1611 today to learn more.