Our dedicated team of medical coders and billing experts maintains a library consisting of millions of claim processing rules that helps to ensure that you receive reimbursement for your claims in less time. We assure that this step will be more successful with our medical billing technology, in order to prevent increased risks of undercharging, overcharging, and post-payment audit.
The coded documents are forwarded to the charge entry team and before transmitting the claims to the insurance payers through the clearing house, the entered charges are audited by the quality assurance team to ensure a 'clean claim' is submitted.
Labgen RCM solutions enable benefit investigation prior to service, coverage validation prior to claim billing, and coverage determination for patients identified as self-pay. Electronic eligibility checking can be performed in real-time on an individual basis with near immediate response. In order to ensure the reimbursement, Labgen RCM team performs following tasks:
A patient statement is generated and filed on a weekly or monthly basis, as per your business requirement. Our patient contact services improve patient satisfaction, while lowering your costs and increasing revenue.
We also provide financial counseling and payment plans to the patients, if they are unable to pay the invoice and ensure they keep a good relationship with clients and encourage them to come back.
Our AR and Denial Management solutions categorize claim denials, analyze root cause, attain process improvement, and track progress. It can lower internal costs, increase collections, and improve your cash flow.
Our skilled staff identifies patient accounts that require follow-up and take the necessary action to collect unpaid/underpaid claims.
Our reporting package contains monthly customized reports, including Key Performance Indicators (KPI) report and Sales Group Revenue Reports, offering a detailed picture of your practice's financial health and the length of your claim payment cycle. Our analytics give you the ability to assess your revenue cycle activity.