Tailored RCM Solutions for Behavioral Health Toxicology Labs
The growth in toxicology labs has been extraordinary as demand has increased due to the opioid epidemic. Providing these services is critical, but challenges arise in billing, coding, and the revenue cycle. Create an easy, scalable, and comprehensive billing system with our guidance.
Toxicology Labs Support Treatment Plans, Diagnosis, and Monitoring
Toxicology labs for behavioral health play a crucial role for many provider types. The influx of testing they order can be difficult to keep up with and adds more billing and coding work on the backend. You may believe you must choose between running labs and completing claims. Let us take on supporting AR while you render services.
The Toxicology Billing Process Is Complex
The toxicology billing process differs from other labs because payers have specific rules. Either it’s the AMA or CMs. Each has its own set of fees, panels, and nuances. One example is bundling or unbundling drug classes based on the code set to maximize revenue potential.
Ensuring Accuracy in Eligibility and Verification
Since behavioral health toxicology is a newer segment of healthcare, payers may be behind on coverage and benefit plans. We can rework your revenue cycle to support eligibility, verification, and prior authorizations. Doing this on the front end reduces denials and issues downstream.
Solving Behavioral Health Toxicology Lab RCM Challenges
Plot a course to a healthier financial future with our team. We support this by:
Revenue Management Solutions for Toxicology Labs
Collections and Denial Management
Receive support to manage collections and denials to recover more dollars.
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Financial Analysis and Reporting
Achieve transparency and clarity in your financial health with our data-driven analysis.
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Patient Access Management
Ensure a better experience for patients in the revenue lifecycle.
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Revenue Cycle Management
Transform RCM with data-driven solutions that drive efficiency and accuracy.
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Our Specialized Approach to RCM
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. Having this data ensures you can achieve and exceed benchmarks to welcome financial growth.
