Laboratory Billing: A Complete Guide and Reasons to Outsource

1. Laboratory Billing A Complete Guide and Reasons to Outsource Visit Us www.unifyrcm.com

2. What is Laboratory Billing? • Laboratory billing is the process of accurately documenting, coding, and submitting claims for diagnostic and clinical lab services. • It ensures timely reimbursement and compliance with healthcare regulations. • Errors in lab billing can lead to significant financial losses and claim denials.

3. Essential Steps in Laboratory Medical Billing Patient Registration Collection • Gather demographic and insurance details. • Ensure accurate data input for error-free billing. Acknowledge Financial Responsibility • Verify insurance eligibility. • Inform patients of their financial obligations.

4. Essential Steps in Laboratory Medical Billing Patient-Provider Encounter • Record procedures and tests conducted. • Ensure accurate CPT/ICD-10 coding. Final Submission of Claims • Clean claims are submitted to payers. • Reduces denials and ensures prompt reimbursement.

5. WHY OUTSOURCE LABORATORY BILLING? Improved Accuracy: Experts minimize coding and documentation errors. Faster Payments: Streamlined processes speed up revenue cycles. Cost-Effective: Reduces overhead and staff training costs. Focus on Care: Lets providers concentrate on patient outcomes.

6. Partner with Unify Healthcare Services Specialized Lab Billing Experts HIPAA-Compliant & Transparent Reporting End-to-End Revenue Cycle Management

7. Thank You For Reading Us Boost profitability while maintaining accuracy and compliance with Unify Healthcare. +1 866-796-0858 info@unifyrcm.com www.unifyrcm.com