In order to truly optimize billing for pathology and clinical laboratories, the process needs to start at order entry.
That’s according to the president of digit24 a thriving business in Los Angeles that specializes in software licensing for AP, CP, and MDX labs across the United States, whatever its size.
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During a recent site visit with digit24 partner labs to explain why billing needs to be fully integrated into a lab’s workflow and processes, because without full transparency, labs are leaving money on the table.
As a robust solution, digit24 offers its all-in-one Laboratory Information System (LIS) and Revenue Cycle Management (RCM) platform, digit24 AP/LIS + RCM.
From the first moment a sample is entered into the system, the Digit24 Seamless LIS+RCM platform begins to compile valuable information as the relevant data is easily consolidated into a displayed encounter view. This view incorporates patient demographic screening, address verification, patient insurance eligibility, search options, and pre-authorization into a streamlined workflow with just a few clicks of the mouse. The system quickly establishes a patient profile and an audit trail, while also checking to make sure there are no duplicate records. All this is done without the need for manual entry or synchronization of data as the profile rests in a cohesive system.
Traditional billing solutions require manual claim scrubbing and manual coding, both of which are time-consuming and lead to errors during data entry. This is not the case with Digit24 Intelligent Billing solution, where CPT and ICD coding is automated along with claim verification and error correction.
Coding and documentation are reviewed in real time, and any errors are identified and put into real-time queues that call for resolution before the claim is sent to the payee.
The results speak for themselves as laboratories that have used Digit24 end-to-end solutions have enjoyed a drastic reduction in denials due to more accurate claims. They have also seen an increase in revenue due to timely and accurate claim creation and bill disbursement after claims are processed.
With digit24 integrated LIS + RCM, laboratories not only produce clean claims, they also generate detailed statistical reports to monitor trends, key performance indicators and benchmarks within operations. This allows data laboratories to confidently track, audit and manage data with the most transparent solution available.
Increase productivity and gain visibility with the digit24 fully integrated and configurable LIS+RCM platform built to provide deep insight into the financial, administrative and technical operations of a laboratory.
