How Does Outsourcing Toxicology Billing Maximize Revenue Collection?
Outsourcing Toxicology Billing Maximizes Profit As a supplier of toxicology testing , you’re well aware that medical billing for toxicology laboratory work is highly complex and undergoes frequent and often unpredictable changes. Further muddying the waters, lab testing work is an area of attention and scrutiny by agents for the Office of Inspector General and the U.S. Department of Justice. In order to make sure your lab receives proper reimbursements for toxicology billing and doesn’t draw the attention of these regulators, you need to keep up with frequent guideline changes , both from government-sponsored and commercial payors, and be mindful on how to apply the existing rules. Nationwide, toxicology labs have turned to well-informed, medical billing companies. Those who fully understand the nuances of toxicology billing . Those who’ll work hand-in-hand with your lab to pinpoint the proper billing guidelines and surmount any likely problem areas....