Unite Your Operations &
Revolutionize Lab Billing
that Transform Your Workflow Operations:
Improve Your Laboratory’s RCM Process and Maximize Profit
LIS and 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
Utilize demographic check, address validation, insurance coverage discovery, and eligibility verification RCM tools in real-time
Leverage full synchronization with third-party services such as:
Mailing companies
Clearing houses
NPI registry
Payment processors
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
Increase revenue with complete accounts receivable control and accessibility
Apply quality assurance throughout entire revenue cycle management (RCM) operations, supported by comprehensive audit trail for optimal laboratory RCM management
Engage powerful data processing tools and gain accounting insight
Ensure high visibility with real time laboratory workflow queues and data processing
Create detailed statistical reports and dashboards to monitor trends and KPIs
The Driving Forces Behind LigoLab's Lab Billing Software
Increased operational efficiency through laboratory billing with focused automation
Surging productivity through seamless workflow design
Customized & streamlined statement distribution mechanics
Constant counteraction of industry challenges
Added Lab RCM Benefits
Unparalleled client support
Expert turnkey development team
Fully customizable reporting & statistical engine
Experienced medical billing counsel
Sophisticated patient/payer validation RCM tools
Dramatically Improve Lab Revenue Cycle Management
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 the LigoLab's integrated billing software for labs 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 Integrated Revenue Cycle Management 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
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The Advantages of Integrated Lab Revenue Cycle Management
Laboratory Billing that Starts When the Test Order is Created
Laboratory Revenue Cycle Management (RCM) has traditionally been viewed as a “back-end” process. This outdated view is changing because accurate information needed for a smooth and productive 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 shared by both the LIS and RCM modules.
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 the Clean-Claim Pass-Through Rate
Download NowPartner 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 profit by leveraging the powerful and highly automated LIS software 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 platform ensures proper interchange of both LIS and RCM laboratory data.
Non-Integrated Billing Systems
User Error - Missing/Inaccurate Data
Manual Claim Processing
Non-transparent Laboratory Financials
Cumbersome/Complex User Interface
Disconnected/Disrupted Workflow
LigoLab's Integrated Single-Source Platform
Live Data Error Prevention
Automated Billing Workflow
Full Financial Transparency
Cohesive/Unified User Interface
Simplified/Streamlined workflow
Simplified Statement Distribution Workflow – Faster Reimbursement
LigoLab's all-in-one laboratory informatics platform accelerates the process of reimbursement for payers, clients, and patients. Utilizing a permeating rule-based automation engine ensures accurate, transparent, and customizable statements, which delivers an unparalleled business advantage.
LigoLab's Powerful Bonus
Features Include:
Join Other World-Class Labs and Learn how LigoLab can 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.