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LigoLab: Comprehensive and Flexible LIS Software Solutions for Your Laboratory
October 3, 2024
Frustrated by the finger-pointing that comes with multiple software vendors, laboratory software systems, middleware, and interfaces?
Then you’re ready for the LigoLab LIS & RCM Laboratory Informatics Platform, the only true all-in-one lab informatics solution with powerful modules for operations and finances sharing the same database and software infrastructure.
Why the Need for an All-in-One Informatics Solution?
There is a sad truth about laboratory software systems and how they operate, and that’s the simple fact that using multiple disparate systems and vendors to manage interconnected lab workflow from multiple departments creates numerous inefficiencies and frustrations.
For example, it’s still common within the industry for labs to use a laboratory information system (LIS software, medical LIS) for operations and a laboratory billing system for finances (laboratory revenue cycle management, lab RCM) even though the result is often much less than optimal.
The main challenges include:
Vendor Differences and Workflow Inefficiencies: If the LIS system and the lab billing system are developed by different lab vendors using distinct technologies or data formats, integration becomes complex very quickly. This leads to data silos, delays in data transfer, constant synchronization issues (e.g., providers, insurances, tests, patient demographics), and questionable data integrity as information flows from one system to the other.
Lack of Interoperability: Differences in interoperability standards between the medical LIS software and billing software for labs causes bottlenecks, making synchronization a constant challenge. Insufficient APIs and outdated systems further complicate data flow, and while HL7 is a common standard for healthcare data exchange, it is not ideal for lab billing data. Ensuring seamless integration is crucial to maintaining lab efficiency and preventing revenue leakage.
Data Mismatch and Errors: Inconsistent data between the LIS system software and lab RCM workflows often leads to discrepancies in patient details and test codes, which can result in laboratory billing errors, claim rejections, delayed payments, and increased manual corrections. These errors not only heighten administrative workloads but also affect the lab’s revenue collection and financial stability.
Technical Limitations: Older LIS software solutions and laboratory billing solutions may lack scalability and the technical capacity to handle large volumes of data, requiring costly upgrades or integration efforts to address these issues. Without improvements, labs struggle to meet growing data demands and risk falling behind in a competitive market.
Compliance Risks: Accurate lab revenue cycle management is essential for regulatory compliance. Inaccurate data exchanges between LIS systems and laboratory billing solutions can lead to errors, denied services, audits, penalties, and damage to the lab's reputation.
Transparency and Visibility: Separate laboratory software systems limit visibility into operations, often creating "black boxes" of data. In contrast, a unified LIS system software with an embedded laboratory billing module provides full operational transparency, allowing real-time decision-making, reducing errors, and improving overall efficiency.
Maintenance and Upgrades: Maintaining and updating two separate systems is costly and complex. However, a unified medical LIS and lab RCM platform allows synchronized updates, reducing discrepancies and administrative burden.
Training and Usability: Managing two interfaced systems requires extensive staff training. Poor usability can lead to errors, inefficiencies, and frustration, ultimately hindering growth and profitability despite best efforts in training and data validation.
These issues highlight the need for a unified platform to streamline lab operations, reduce errors, and improve overall efficiency and profitability.
Learn More: Why Integrated LIS System and Lab RCM Software is a Catalyst for Growth
Achieve Sustainable Success with LigoLab’s Future-Ready LIS System Software
With LigoLab’s LIS system software users enjoy a future-ready and scalable pathology lab report software that maximizes interoperability and efficiency. LigoLab’s pathology software:
- Is infinitely configurable
- Eliminates human error and lost specimens
- Is fully customizable with thousands of report templates and multiple delivery options
- Is robust and features a searchable audit trail
- Remotely accessible for orders and results
Learn More: The Best Laboratory Information System Companies and the Advantages They Offer to Their Laboratory Clients
Here are several more LIS system links to give you and your team a better feel for LigoLab’s LIS software solutions.
Best LIS Software - Maximize Growth With Cutting Edge Pathology Lab Management Software
Manage Complex Processes and Streamline Operations with LigoLab's Clinical Laboratory Solutions
LigoLab Reviews - What Do Our Customers Think?
LigoLab’s Approach to Implementation and Support
Reduce Denials and Audit Risk with LigoLab’s Fully Integrated Laboratory Billing Solutions
LigoLab’s laboratory billing solutions empower labs to start the lab billing cycle at order creation, a real advantage that reduces denials and audit risk and increases revenue and profitability. LigoLab’s fully integrated lab RCM module features:
- Upfront demographic and insurance verification
- Claim validation and error correction
- Automated ICD and CPT coding and client billing
- Real-time data processing workflow queues for heightened visibility
- Detailed statistical reports to monitor trends and KPIs
Learn More: Six Reasons Why You Should Choose an Integrated Laboratory Billing Solution for Your Medical Lab
Ready to learn more about LigoLab’s laboratory billing solutions? Here are several more links to check out.
Leveraging LIS & RCM Integration to Improve the Laboratory Billing Process
LigoLab Offers Labs an Automated and Real-Time Software Solution for Prior Authorization Requirements
LigoLab’s RCM Module Features an Automated A/R Payer Projection Tool
LigoLab’s Fully Integrated Platform Features No-Touch Auto-Billing
Connect with Patients, Simplify Lab Workflow, and Improve Turnaround Times
TestDirectly (TestDirectly.com) is a direct-to-consumer lab testing portal that makes it easier for medical laboratories and first care facilities to engage directly with patients and provide safe, fast, and accurate test results. The TestDirectly DTC solution:
- Replaces paper forms and manual processes with a streamlined digital workflow
- Features patient and family self-registration and scheduling
- Supports all forms of direct-to-consumer lab testing (COVID-19, sexually transmitted infections, urinary tract infections, allergies, genetic screenings, etc.)
- Provides automated report delivery via email, SMS, portal, or interface
- Boosts testing capacity and improves turnaround times
Learn More: Highlighting the Versatility of the TestDirectly Direct-to-Consumer Lab Testing Portal
Case Study: How the Washington State Department of Corrections Manages its COVID-19 Organizational Testing Program
Looking for a new revenue source that your lab can take advantage of? Learn more about the TestDirectly direct-to-consumer lab testing portal here.
We Help Labs Grow and Thrive
LigoLab is a leading provider of innovative end-to-end pathology lab reporting software. Find out how nearly 300 lab facilities across the country are leveraging the platform’s powerful modules and comprehensive solutions to significantly grow their businesses.
The next step is to schedule a LigoLab software demonstration tailored to address the unique needs of your laboratory or collection facility, Click Here to start a conversation with a LigoLab product specialist.
