Pathology
Medical Billing
Services
Is your pathology practice struggling with low reimbursement rates despite handling a large number of patients? Billing becomes challenging especially when processing multiple tests for a single patient, leading to errors and lost revenue. Poor billing practices could be the reason. Let us manage your pathology billing services to boost accuracy and maximize your reimbursements.
Pathology Billing Experts
Errors are common in pathology medical billing due to the high volume of pathology lab tests performed daily. This results in bulk claims being submitted every day, which often leads to mistakes. The solution? We are the solution. Medicotechllc has you covered. Our certified trained staff uses advanced technology to perform pre-submission checks on every claim.
HIPAA Compliant
If you or your practice fails to comply with industry standards, you may face claim denials or even financial penalties in some cases. As a HIPAA-certified organization, Medicotechllc provides fully compliant, specialty-specific billing solutions you can trust.
Secure Data Handling
Protected Health Information (PHI) compliance is essential for every practice and service provider, as patient data is just as important as their health. We enforce strict data security policies, including advanced encryption and controlled data access, ensuring client trust and patient satisfaction.
Pathology AR Management
AR management involves overseeing the billing, tracking, and collection of payments for services rendered by the provider. Our clients have experienced a 25% increase in cash flow after entrusting their accounts receivable management to us.
Connect with us now for a free pathology billing consultation and discuss areas of improvement with our experts.
Denial Management
The laboratory typically handles 60-80% of the workload in a pathology practice. As a result, pathology lab billing often faces a high claim denial rate due to the large volume of bills, which can lead to typing or coding errors. We focus on ensuring first-submission claim approvals and conduct thorough double-checks before submitting claims to insurers, saving time on reworks and preventing payment delays.
Healthcare Provider Credentialing
If you’re a pathology provider who isn’t yet credentialed with major insurers, you’re missing out on significant revenue. Our streamlined process breaks credentialing into simple, manageable steps, making it quick and easy to navigate. With our approach, you can overcome the credentialing maze with confidence, ensuring you never leave money on the table.
Benefits of Outsourcing Pathology Billing Services
Reduced Overhead Cost
In in-house billing, you have control over the billers’ work, but it often comes with the challenges of managing, training, and handling salaries. Outsource your pathology billing services to us for hassle-free RCM and billing solutions, reducing your overhead costs and burdens.
Smart Practice
What is a smart practice? A smart healthcare practice is one that has its administration well-managed, a strong revenue cycle, and, most importantly, ensures that everyone involved in the operations is aligned and on the same page. The services we offer will seamlessly integrate with your current operations, ensuring accurate RCM and billing while keeping everyone aligned.
Advanced Reporting
We provide real-time insights that are crucial for strategic decision-making and the ongoing operations of a business. Our advanced analytics empower teams to act swiftly, ensuring agility in a competitive landscape. With always-current insights, you can identify opportunities, minimize risks, and maintain a decisive edge.
24/7 Support
Trust is built over time, but maintaining it requires providing ongoing support to clients. We understand this and are committed to offering continuous assistance. Feel free to reach out whenever you need help. Whether you have a question, concern, or simply need guidance, we’re just a message away.
FAQ’s
What makes your pathology billing services different from others?
Our pathology billing solutions are tailored to the unique needs of your practice, using advanced technology and certified experts to maximize reimbursement and minimize errors. We handle everything from claim submissions to AR management and denial prevention.
How do you ensure HIPAA compliance in pathology billing?
We adhere to the strictest HIPAA regulations, ensuring that all patient data is securely handled and encrypted. Our compliance protocols guarantee that your practice stays protected from financial penalties and claim denials.
How can outsourcing my pathology billing reduce my overhead costs?
Outsourcing your pathology billing eliminates the need for in-house training, management, and salaries. This reduces your administrative burden, lowers costs, and allows you to focus more on patient care and growth.
What is your approach to denial management in pathology billing?
We focus on ensuring first-submission claim approvals by performing thorough pre-submission checks, preventing errors, and reducing the need for reworks. This approach minimizes claim denials and speeds up the payment process.
How can your advanced reporting benefit my pathology practice?
Our real-time reporting provides valuable insights into your revenue cycle, helping you make informed decisions, identify trends, and improve overall practice performance, giving you a competitive advantage.
Get in Touch With Us
See our contact page for more information
Head Office
7901 4TH ST N STE 300
St. Petersburg, FL 33702
Email Us
info@medicotechllc.com
Call Us
+1 727 353 2939
7901 4TH ST N STE 300 St. Petersburg, FL 33702
