Laboratory Billing RCM Solutions to Drive Financial Growth

Outsourcing laboratory billing enables sustainable revenue cycles. With our niche experience, laboratory organizations can improve their financial future. We do it by combining innovation, expertise, and partnerships.

Modernizing Laboratory Billing and RCM

Laboratory billing and RCM get a modern update by integrating automation and AI-powered solutions. You can keep your system of record. We optimize and create a consolidated workflow for efficiency. The result is improved processes and better outcomes.

Former Lab Leaders Design Your RCM Strategy

Take advantage of former lab leaders on our team. They bring knowledge about the intricacies and complexities of lab financial operations. They’ll be your guide to a stronger, more sustainable revenue future. We can support everything from complete AR management to charge entry to denial management.

Addressing Common Laboratory Billing Issues

Laboratory billing errors interfere with reimbursement rates. The root of these issues can be the lack of a well-developed process, experienced staff, or advanced technology. By outsourcing billing and RCM to us, you’ll achieve accurate and transparent billing processes, enhancing your financial performance.

High AR and Low Collection Rates Are Missed Revenue

Processing data is just as important as capturing and organizing it. We’ve developed our proprietary Ai4AR workflow to revolutionize reviewing and processing denials and preparing and submitting claims.

Ai4AR™ for Laboratory

How Ai4AR Works

Ai4AR runs each claim through an algorithm to group denials and organize them in order of importance. The tool combs through each denial and attaches a predictive value and probability of acquiring payment.

With Ai4AR, we know which claims will likely gain the highest payments. Our team then takes that information and resubmits claims from the highest to lowest probability of payment. The higher the likelihood of payment, the sooner you’re likely to see reimbursement for your submitted claims.

Ai4AR also sorts each claim by payer, so our team has foresight into which insurance companies consistently issue denials for your services rendered. We can use this information to stop claim denials at the source and improve your RCM.

Benefits of Ai4AR:

Achieve a quicker turnaround on denials.Collect revenue faster.Stop mistakes at the source and prevent errors from trickling down.Gain better visibility into the cause of denials.Follow up on claims that offer probable and predictable reimbursement.

What Makes Our Laboratory Billing and RCM Solutions Stand Out

The Coronis Way

Unique in every way, The Coronis Way redefines the RCM experience. Improve profitability, convert more A/R to cash, and work more efficiently. Our experts work as part of your organization and culture. With this customized set of services, you gain transparency, robust reporting, and data-driven intelligence.

High-Performance Technology

Our modern technology combines AI, automation, and integrations. These components connect with your current software and EHR platform. The result is a revenue cycle management workflow that delivers insights, ensuring you can understand your business today and in the future.

Decades of Niche Experience

Strategic collaboration with leaders in revenue cycle management ensures we understand your organization’s competitive landscape and nuances. These insights elevate your revenue potential.

Financial Clarity and Prosperity

Begin your journey to more predictable revenue by assessing your current RCM workflows. You’ll receive information on trends, competitive analysis, and business intelligence. This data ensures you can achieve and exceed benchmarks to welcome financial growth.

What Makes Our Laboratory Billing and RCM Solutions Stand Out

Laboratory Clients Share Their Results

“Coronis Health knows our practice well and has worked closely with us to provide comprehensible data on and insight into the ever-changing payor landscape, which has, in turn, allowed us to make well-informed decisions to help guide our practice through these difficult times.”

Pathology Professional

“I wouldn't consider another billing company, having had experience with several others. Coronis Health runs a meticulous billing operation that leaves no stone unturned in their efforts to collect money for his clients and to help them run their businesses efficiently.”

Pathology Professional

“Looking for the right company for billing and reporting? This is truly the one as they provide much more, seamlessly and accurately. If you want to think you are the only client, then look no further. They are always on top of things that will be important to you as a Practice Manager, Lab Manager or Owner.”

Group Administrator, Multi-Site/Multi-State Pathology Group