Understanding Your Lab’s Revenue Cycle
Different types of lab tests face different revenue challenges. Cutting-edge molecular and genetic tests must meet payers’ medical necessity requirements, and require expertise to capture out-of-network reimbursement. Routine clinical tests typically have lower margins that are quickly eroded by billing errors. In every case, accuracy is paramount and details matter. At Quadax, we work to understand your lab’s unique reimbursement challenges. From pre-billing benefit investigation and prior authorization, appeals and patient advocacy, and BlueCard routing to automated MUE (Medically Unlikely Edits) and CCI (Correct Coding Initiative) edits, our expert solutions are optimized to deliver maximum reimbursement.
An experienced team of laboratory billing experts manages your revenue cycle operations to optimize results so you can focus on other areas of the business.
Have your billing operations team access our software on-demand via the secure Quadax cloud service without having to invest in costly hardware and maintenance.
- Dashboard displays, scorecard exhibits, and summary spotlights delivering real-time analytics
- Key Performance Indicators to track productivity, work in-progress, expected revenue, and costs
- Data mining at your fingertips for more granular analysis
- Reliable financial source of truth for reporting and balancing