At Mark Med Center, we provide top-tier laboratory billing services that cover every aspect of the medical revenue cycle management (RCM), from payer credentialing to old accounts receivable (AR) collection. Our services can be availed as a standalone solution or a fully customizable package, including insurance verification, patient billing, AR collection, medical coding, billing software, and more.
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Our Laboratory Billing Services
Order & Demographic Management
Toxicology Billing
Molecular Billing
Clinical Billing
Pathology Billing
Case Study Success (2019)
Project Start Date: April 1st
Review Period: 1 Year
Collection Growth: $86,000 to $144,000
Revenue Increase: 66.6%
Lab Billing Services for Maximum Reimbursement
Our expert team at Mark Med Center ensures efficient medical laboratory billing by scrubbing and submitting claims within days and tracking them until full payment is received. This meticulous process results in significantly increased revenue for our clients.
Comprehensive Laboratory Billing Solutions
Unlike many medical billing companies that cater only to high-ticket providers, Mark Med Center excels in processing high volumes of low-dollar claims. Our efficient systems can scrub and file hundreds of claims within 48 hours. Additionally, a dedicated manager is assigned to each client to oversee claims processing and ensure successful reimbursements.
Full-Service Lab Billing Company
We support all aspects of laboratory revenue management. Clients often start with billing services and later expand to additional solutions like:
Credentialing: Streamlining payer interactions.
Collections: Managing both old AR and current balances.
Compliance Audits: Ensuring regulatory adherence.
Our team’s expertise in AR collection often results in payments for bills up to a year old, significantly enhancing cash flow.
Claims Management & Assessment
Our primary goal is to maximize reimbursement for your services. Experienced billers at Mark Med Center eliminate errors before submission, drastically reducing rejections and denials. In cases of errors, we promptly identify and resolve the issues, ensuring no claim is abandoned and all revenue is recovered.
Collections: Old AR and Current Charges
We handle balances due from patients, collaborating providers, and additional payers. Our streamlined system and transparent communication help recover even the most challenging accounts receivable, including balances over a year old. This ensures reduced denied claims and a smoother billing process for all laboratory types.
EHR/EMR Integration
Avoid claim denials caused by coding errors with our integrated software solutions. Our systems can work seamlessly with your existing practice management, EHR, or EMR software or function independently to manage all aspects of patient data and revenue management.
Always Up to Date
Our team undergoes continuous training to stay abreast of coding changes and payer requirements. By addressing and correcting errors at their source, we ensure that your billing process is optimized to avoid repeat issues.
Detailed and Transparent Reporting
With Mark Med Center handling your laboratory billing, you save time while staying informed. Regular reports highlight key performance indicators (KPIs), such as:
Payment turnaround times.
Accounts receivable performance relative to service value.
Clients consistently see faster payments and reduced unpaid balances.
Risk-Free Partnership
Our innovative laboratory billing solutions guarantee at least a 10% revenue increase, with no hidden fees, startup charges, or setup costs. Partnering with Mark Med Center means working with a trusted team dedicated to your success.
Additional Services We Offer:
Medical Billing Collections
Physician Billing
Staff Administration
EMR/EHR-Integrated Accounting
PPO Contracting
Financial Analysis & Reporting
Physician Credentialing with Coding Evaluation
EMR/EHR Custom Template Design
Why Choose Mark Med Center?
AR Recovery Team: Expertise in managing old accounts.
HR Services: Payroll coordination and benefits management.
Affordable Rates: Modern software and practice management services at competitive pricing.
Appeal Rejections & Denials: Efficient resolution to ensure smooth operations.
Contact Mark Med Center Today! Discover how our tailored laboratory billing solutions can increase your revenue, streamline your operations, and ensure your success.
