Unite & Revolutionize Your Laboratory Billing
that Transform Lab Workflow With:
Improve Your Laboratory’s RCM Cycle and Maximize Profit
LIS System and Lab RCM Data are Interdependent
so Why not Integrate Them into ONE Powerful Platform?
Robust and Future-Proof Laboratory Billing Solutions that are
Highly Automated and Scalable
Manage and curtail clerical mistakes on the fly with extensive data validations/error scrubbing RCM tools
Utilize demographic check, address validation, insurance coverage discovery, and eligibility verification in real-time during the RCM process
Leverage full synchronization with third-party RCM services such as:
Employ extensive rule-driven claim scrubbing engines with:
AMA and Medicare policies
Custom commercial payer policies
Individual client billing provisions
Minimize labor cost through automatic coding including TC/PC splitting
Simplify and streamline claim denial appeal management with a robust rule engine
Administer regulatory compliance protocols at every stage of the RCM cycle
Increase revenue with complete accounts receivable control and accessibility
Apply quality assurance throughout the entire lab billing process, supported by a comprehensive audit trail for optimal laboratory RCM results
Engage powerful data processing tools and gain accounting insight
Ensure high RCM visibility with real time laboratory workflow queues and data processing
Create detailed statistical reports and dashboards to monitor lab billing trends and KPIs
The Driving Forces Behind LigoLab's LIS & RCM Cycle Software
Increased operational efficiency through lab billing with focused automation
Surging productivity through seamless lab workflow design
Customized & streamlined statement distribution mechanics
Constant counteraction of industry challenges
Added RCM Cycle Benefits
Unparalleled client support
Expert turnkey development team
Fully customizable reporting & statistical engine
Experienced medical billing counsel
Sophisticated patient/payer validation RCM tools
Billing Software for Labs that Dramatically Improves the RCM Process
Lab Billing Comparison Year-Over-Year: Prior Stand-Alone RCM vs. LigoLab's Fully Integrated Laboratory Billing System
All of our client laboratories have reported substantial growth in total net collections. A number of our clients have enjoyed over 30% growth in year-over-year total net collections when comparing LigoLab's integrated lab billing software with their prior legacy stand-alone lab billing systems. In the case highlighted above, significant gains were reported across the board, with payer billing up 27%, patient billing up 30%, and client billing up 45%.
LigoLab's Innovative and Comprehensive Laboratory Billing Solutions
- Accelerate cash flow and increase margins
- Integrated and transparent platform
- Flexible distribution and automated statements
- Increase efficiency and automation (CPT and ICD coding)
- Clean claim validation and error correction
- Demographic, eligibility, and insurance discovery
The Advantages of Lab Billing with an Integrated RCM Cycle
Laboratory Billing Should Start as the Test Order is Created
Laboratory Revenue Cycle Management (RCM) has traditionally been viewed as a “back-end” process. This outdated view is changing, however, because accurate information needed for a smooth and productive lab billing workflow can now be interwoven throughout the LIS system workflow.
Unlike traditional laboratory RCM solutions, LigoLab Informatics Platform starts the RCM process at the order level with verification and scrubbing components that are simultaneously shared by both the LIS and RCM modules embedded within the all-in-one platform.
Real-time patient/payer data verification RCM tools prevent rejections and denials, and are seamlessly integrated into LigoLab’s live queue-facilitated workflow.
The Time to Invest in Scalable Technology is Now
A Laboratory Guide to Help Labs Improve Workflow Efficiency and Clean-Claim Pass-Through RatesDownload Now
Partner Lab Testimonials
LigoLab's pricing model was much more amenable for us to get and afford. With this top-notch solution in place, we have grown in a mutually beneficial relationship.
LigoLab enabled our pathology practice to quickly add a clinical lab and successfully automate internal billing operations, giving us a competitive edge in our market.
Having one place where we can easily sort client bills from insurance bills and patient bills, and then process them in a fast, compliant manner has been an amazing improvement.
Testimonial Mix Video
Leading laboratory professionals share their positive experiences using the LigoLab platform.
Hear how LigoLab Informatics Platform has helped customers improve workflow efficiency, productivity, and profitability by leveraging the powerful and highly automated LIS software and lab billing platform.
Reduce Data Quality-Related Claim Denials and Significantly Increase Your Lab's Net Revenue
Nationwide, an estimated 35% of claim denials are caused by inaccurate or missing data which is primarily due to the human error component and time-consuming nature of manual claim processing.
Stand-alone lab RCM systems substantially contribute to high denial rates and revenue loss. When LIS & RCM modules operate as separate silos, even if interfaced, the full capabilities of each cannot be achieved due to lack of consistency, transparency, and integrity of data.
A single fully integrated informatics platform ensures proper interchange of both LIS and RCM laboratory data throughout the entire lifecycle of a case.
Non-Integrated Lab Billing Systems
User Error - Missing/Inaccurate Data
Manual Claim Processing
Non-transparent Laboratory Financials
Cumbersome/Complex User Interface
Disconnected/Disrupted Lab Workflow
LigoLab's Integrated Single-Source Platform
Live Data Error Prevention
Automated Lab Billing Workflow
Full Financial Transparency
Cohesive/Unified User Interface
Simplified/Streamlined Lab Workflow
Simplified Statement Distribution and Faster Reimbursement
LigoLab's all-in-one laboratory informatics platform accelerates the RCM process of reimbursement from payers, clients, and patients. Utilizing a permeating rule-based automation engine ensures accurate, transparent, and customizable statements that deliver an unparalleled business advantage.
LigoLab's Powerful Lab RCM
Join Other World-Class Labs and Transform Your Business
The benefits of a modern, user-friendly, and reliable LIS & RCM informatics platform are many. Contact us to request a demo and find out more.