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Laboratory Billing Services

MedicsRCM for Laboratories: You Analyze Results…We Produce Results, including for COVID-19 testing!

All RCM companies are not suited to work with laboratories. That’s why you need MedicsRCM for Laboratories!

Why MedicsRCM?

MedicsRCM typically increases our clients’ revenue by 10% - 20% by supporting maximized dollars for every test with a nearly 100% success rate on first attempt HCFA and UB clearinghouse claims.

Our team of laboratory billing professionals and supervisors have centuries of combined experience and know the nuances and intricacies of genetic, molecular, clinical, pathology, toxicology, and esoteric laboratory billing and reporting.

Operating securely in the cloud, MedicsRCM for Laboratories supports:

  • COVID-19 billing with HRSA portal connectivity for uninsured patients’ COVID-19 testing
  • payer-specific eligibility verifications ensures patients’ coverage is in effect
  • a pre-test patient responsibility estimator for capturing after insurance balances
  • insurance discovery option for patients with missing insurance information
  • automated prior authorizations option
  • CCI edits as needed by laboratories
  • rules engine ensures maximized value on claims without over-coding
  • real-time claim tracking and pre-submission denial alerts
  • portal option with secure online patient payments
  • patient statements with patients calling us with questions
  • balance-due texting option can drive patients to the portal
  • management/financial reports, KPIs, analytics, dashboards
  • sales activity reporting and optional self-serve sales portal
  • single or multiple tax IDs per your laboratory’s preference
  • LIS, EHR, hospital, other system type integrations

Connectivity to Your Data

MedicsRCM clients enjoy unrestricted, on-demand connectivity to all of their data. Nothing is hidden or curtained.

We train clients on using our system (MedicsPremier) and encourage them to connect to the extent they want. Clients can compile their own reports at any time in addition to the ones we routinely generate and review with clients.

MedicsRCM and You!

MedicsRCM and our history of stability and reliability in the industry (since 1977!) means peace-of-mind security for our clients.

Contact us for more information on MedicsRCM for your laboratory. We’ll see together how MedicsRCM can not only protect your revenue in advance but also dramatically increase it while providing the analytics you need as well to strengthen any weaknesses and build on successes!

*From Advanced Data Systems RCM

 

"We were concerned about switching to MedicsRCM thinking they were overstating on potential results, but their service delivers as promised! Reimbursement turnaround is much faster and more profitable. The MedicsRCM team is prompt in returning our calls if we have questions, and they’re excellent at explaining complex laboratory insurance issues well. We are completely satisfied with MedicsRCM."

Paula-Brackett
Paula Brackett, Fiscal Assistant

Fidalab, Seattle WA

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