Laboratory Billing Services
WeCare provides end-to-end lab billing services, from payer credentialing to aged AR collection
We offer standalone laboratory medical billing services or a customizable package, which can include insurance verification, patient billing, AR collections, coding, billing software, and more.
2018 Case Study Results
Started On
April 1st 2018
Review Period
8 Months
Collection Increased
$0.8M to $1.2M
Revenue Increased by
40%
Comprehensive Laboratory Billing Solutions
While many billing companies focus on high-ticket providers, WeCare excels in lab billing, handling high volumes of low-value claims. Our efficient system enables us to vet and file numerous claims, usually within 48 hours. Additionally, a dedicated manager for each client ensures every claim is tracked and reimbursed.
Full-Service Lab Billing Company & Solutions
WeCare provides comprehensive lab revenue management. Clients typically begin with our medical billing and, impressed by our efficiency, expand to collections and other services like payer credentialing. We also successfully recover payments on bills up to a year old and manage tasks like insurance verification and compliance audits.
Claims Management & Assessment
Lab medical billing ensures you're reimbursed for services rendered to patients. Our skilled billers pre-check claims to minimize errors, effectively reducing rejections. When problems arise, our system swiftly rectifies them. To prevent revenue loss, we diligently track each claim, no matter its value, to guarantee payment.
Collections – Old AR and Current Charges
Beyond direct claim reimbursements, we manage balances from patients, providers, and other payers. Our laboratory billing company's clear communication and efficiency result in significantly higher receipts. We successfully handle old AR accounts, even those up to a year old. Enhance your billing cycle with us and reduce denials for all lab types, including clinical and reference labs.
EHR/EMR Integration
Maintaining up-to-date software to prevent coding errors and claim denials can be costly for labs. Partnering with an independent laboratory billing services & solutions company, like ours, alleviates the stress of tracking coding changes and payer requirements.
Our software seamlessly integrates with your current practice management, EHR, and EMR systems or can standalone, managing all facets of patient data and revenue.
Always Up to Date
The coding and billing teams at WeCare are highly trained and experienced, but ongoing training is part of our business model, to keep everyone up to date on code changes and new payer requirements. A final step in our claims management process that helps us really stand out is tracking down the source of the error that caused the rejection or denial, and re-training the responsible party to make sure errors are not repeated. So, our lab billing solutions can optimize your billing process substantially.
Detailed and Transparent Reporting
With WeCare providing your laboratory medical billing solutions, you are relieved of the time-consuming and often tedious work, but will still know exactly what’s going on with your revenue. Our reports are presented regularly, and are designed to keep you abreast of several key performance indicators (KPIs). You will see how long it is taking to get paid and how the accounts-receivable balance is doing relative to the value of services provided, for example. You will see that you are getting paid faster and the proportion of unpaid bills gets smaller after working with us.
Risk Free Partnership
WeCare’s medical billing for laboratories guarantees a minimum 10% revenue increase, with no hidden fees or startup charges. When partnering with us, you’re aligning with a dedicated ally focused entirely on your success.
