Expert Medical Billing Services for Better Lab Performance
Our laboratory billing services offer customized solutions for pathologists to ensure sustainable revenue growth for your practice. It is our top priority to offer premium class billing, reporting, coding, and collections. We offer services to hospital outreach laboratories, independent laboratories, health systems, and private pathology practices.
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Billing Audit And Consulting Services
Do you remember the last time you audited your billing? That’s what you should take on a priority basis, as it makes a great difference in your operational excellence and financial stability. Our experts ensure you receive maximum value for your practice. We improve your laboratory billing while maximizing your revenue growth.
Are all your CPT codes used accurately? It could be a matter of concern for you to know what you might be missing.
Schedule Your Free Billing Auditing
Use our automated prior authorization option, have instantaneous payer-based pre-test eligibility verifications, get out-of-network alerts, enjoy automated EOB reconciliations.
Denials Avoided in Advance
Our cutting-edge ADS alerts you to so many potential denials even before claims are submitted. These tools enable all our clients to easily edit and resubmit any other denials. And within 72 business hours, clients have their denials resubmitted. Laboratories play a largely important role in the healthcare system. Healthcare providers are entirely dependent on test results to make important decisions. That’s why the biggest challenge that healthcare facilities face is to maintain accuracy in labs. However, the pressure to manage a heavy workload and complex reimbursement process makes it difficult for healthcare providers to manage these difficulties. What makes it even more challenging is that the testing facilities of the lab billing process vary from organization to organization and are affected by changing payers’ policies and coding guidelines. Due to these complications, most suffer from higher revenue losses due to common billing errors and high denial rates. Here we talk about some of the major challenges involved in the lab billing services:
Most healthcare facilities suffer from potential revenue losses because laboratories have high testing volume with low reimbursement rates. And healthcare providers cannot keep up with the changing insurance policies and coding updates.
Different Insurance Requirements
Lab technicians cannot keep up with the payers’ different requirements as they work in a stressful environment to deliver healthcare results. That becomes the major cause of claim denials.
Insurance companies require healthcare facilities to have expert knowledge to ensure accurate laboratory billing services. It requires extensive and updated knowledge of CPT & ICD-10 codes. Laboratories face frequent claims denials because their in-house team often lacks the required knowledge, skills, and expertise.
Collections for Advanced Tests
The billing process for such advanced tests, like hormone and nutrient tests, often requires detailed and prior approval documentation. These difficult billing scenarios increase the chances of claim denials.
Free Consultation
Initially, we provide you with a quote and a proposal, assessing your goals and needs.
Contract Signing
Our team will sign a contract with you and assign a competent account manager to you.
Data Transfer
We integrate your system with our system to seamlessly transfer your data to the platform.
Coding and billing
We bill and code your services, submitting and following up on claims.
Reporting and Analysis
We report and analyze your financial performance. We offer you actionable insights and recommendations.
Customer Support
We answer your concerns and questions and keep you thoroughly updated on evolving industry changes.
Experience Seamless Revenue Growth with UControl Billing’s 10 Years of Expertise
With over one decade of industry-best experience in billing and coding, UControl Billing’s HIPAA-compliant team is an incredibly trusted partner for U.S pathology and diagnostic labs seeking a reliable company to outsource laboratory medical billing. What makes us stand prominent in the healthcare industry is that our services are expertly tailored to meet the targeted needs of both high and low-volume labs, ensuring seamless and strategic revenue growth for your practice. We ensure your labs get accelerated payments, reduce denials, identify growth avenues, and maintain a steady cash flow.
Results That Make A Difference
our lab billing solutions are specifically designed to improve your cash flow and minimize denials while maintaining compliance with industry standards.
Experience You Can Trust
With a decade of industry-leading experience, we specialize in providing efficient and comprehensive laboratory billing services.
Access to Expertise
Our staff has extensive knowledge in laboratory billing and coding. They utilize cutting-edge technology to materialize your dreams into a living reality.
Automate Your Workflows
We transform your whole billing operations with our cloud-based medical billing software.
How UControl Billing Handles Clinical Laboratory Billing Challenges?
All these clinical laboratory billing challenges have a largely adverse impact on your revenue growth, cash flow, and margins. Industry estimates show labs can have about an annual 5 to 10% of revenue loss due to denials and coding mistakes. That’s where the UControl Billing steps in with the most advanced laboratory billing solutions to take your practice to the next level.
Medical Billing Certifications and Compliance Standards
We hold the certifications that payers and auditors look for, and our coders carry the right credentials. It’s not the most exciting part of the work, but it’s the part that keeps your claims on solid ground.
