Labs need better tools for stronger billing cycle performance.
Bad debt is growing throughout healthcare—but labs are being hit the hardest. As networks become even more volatile, limited requisition info and inefficient information processing means further blows to reimbursements.
Patient financial clearance is more citical than ever.
Up to 45%
Many labs are seeing shocking bad debt levels
Typical loss per accession without coverage discovery
Overage Fee $$$
Labs are forced to use eligibility applications that aren’t designed for labs
Paper heavy processes and lack of interfaces
Almost half of “self-pay” accessions have coverage
PatientRemedi middleware makes patient financial clearance automatic, consistent, accurate, and profitable.
Find the correct payer source and get paid—much faster.
Works with current systems without development risks
Increases coverage discovery by 38%
ELIMINATES TERMED COVERAGE DENIALS
Increases termed coverage by 16%
Immediate demographics and insurance eligibility
CUSTOMIZED LAB SOLUTIONS
Custom-designed for your lab’s needs
Improve costs and productivity on a molecular level.
Pay per discovery or flat fee—not per transaction
Unites EMR, billing and scheduling systems
Automated processing saves time and cuts expenses
AUTOMATIC AR SEGMENTATION
Prioritizes your accounts receivable follow-up
STRENGTHENS BILLING CYCLES
Accurate billing info grows reimbursements and cuts costs
See how painless it is to plug in PatientRemedi and enhance patient financial clearance.