wdt_ID | Company | Contact | City, State | Phone | Website | Name of billing/accounts receivable/revenue cycle management system | How billing/AR/RCM functionality is deployed | Configuration of billing/AR/RCM system | How updates to billing/AR/RCM system are covered | Year company began selling billing/AR/RCM systems | Most recent billing/AR/RCM system client go-live (based on Feb. 2024 survey deadline) | Last product release or update of featured billing/AR/RCM system | No. of contracts for sites using billing/AR/RCM system | • No. of sales of billing/AR/RCM system between Feb. 2023–Jan. 2024 | • No. of clients that went live with billing/AR/RCM system, Feb. 2023–Jan. 2024 | No. of sites operating billing/AR/RCM system that are hospital labs in U.S./commercial medical (nonhospital) sites in U.S.*/foreign medical sites | Company actively markets billing/AR/RCM system outside the U.S. | • Foreign locations in which billing/AR/RCM system is installed | Human languages (other than English) supported by system | No. of invoices handled by installed sites annually | No. of requisitions handled by installed sites annually | No. of users who have access to system in smallest site/in largest site | Approximate No. of employees in entire company | Company provides list of client sites to potential customers on request | Programming languages and development applications or environments | Operating systems | Databases | Functionality incorporated in product: | • Generates CMS 1500 (HCFA-1500) claim form (paper version) | • Generates UB-04 (CMS 1450) claim form (paper version) | • Generates client invoices/Generates patient invoices/Generates family invoices | • Guarantor billing | • Ability to produce a GAAP, FASB, and SOX-compliant end-of-month financial package with referential integrity | • Billing by test profile/Component billing | • Medical-necessity screening for Medicare | • Ability to split technical component and professional component and bill separately | • Prevents billing for nonbillable procedures | • Patient demographic data transferred via interface from LIS or EHR to billing system | • Retains demographic data for repeating patients | • Account and patient payment posting/Full accounts receivable functionality | • Credit card processing | • Automatic balance billing to patient after receiving remittance that satisfies PT codes on insurance | • Ability to fee-for-service bill tests and codes carved out of capitated plans | • Generates utilization reports for managed care | • Generates global charges for lab tests | • Ability to set an unlimited No. of user-defined fee schedules | • Ability to separate payers into lab-defined groups and report on the groups | • Displays expected reimbursement by payer | • Allows open-item accounting | • Client services or call tracking module | • Benefit eligibility checking with auto-update | • User-defined patient dunning cycles/User-defined patient collections process | • User report writer | • Client control of software edits for preferences and configurations | • Client control of payer-specific rules and configurations | • Ability to audit activity per user/Ability to measure productivity per user | • Storage and management of supporting documentation for claims and appeals | • Automated workflow for identifying errors up front and addressing them prior to claim submission | • Appeals tracking/Appeals success metrics | • Underpayment tracking/Key indicator tracking | • Generates financial reports/Generates operational reports | • Reports client performance in terms of payment rates, denials, similar metrics | • AI-enabled analytics that support workflow automation and configuration | Portals provided on billing/AR/RCM system | Means by which billing/AR/RCM system tracks profitability | Advanced system capabilities | Voluntary coding systems, standards, or formats supported | System supports EDI with third-party payers and claims clearinghouses | Code changes automatically accepted by billing/AR/RCM system via interfaces | Billing/AR/RCM system provides indexed field in each test definition for LOINC code | Client gets copy of source code/User group that meets on established schedule | Methods by which users can tailor billing/AR/RCM system in their own setting | Qualified users or third parties can modify or augment standard billing/AR/RCM system functionality or features | Distinguishing product features (supplied by company) | *breakdown of commercial medical (nonhospital) sites generalized | Note: A dash in lieu of an answer means company did not answer question or question is not applicable | Additional Features | |
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1 | Advanced Data Systems Corp. | Marc Klar | marc.klar@adsc.com | Paramus, NJ | 800-899-4237 ext. 2264 | https://www.adsc.com | MedicsPremier | remote hosting or local server and software (client option) | available as a standalone product designed to interface with any company’s LIS and EHR | via standard software maintenance fee | 1977 (began selling MedicsPremier in 1998) | Jan-2024 | September 2023 (version 10.0) | 251 | 31 | 20 | 0/251 (85 AP labs + 46 molecular or NGS labs + 74 clinical reference labs + 14 physician office labs + 32 other U.S. sites–toxicology, esoteric labs)/0 | no | none | none | — | — | 6/148 | 300 | yes (partial list of comparable sites but prospective client must sign a nondisclosure agreement) | C++, SQL, Caché | Microsoft Windows | Caché, SQL | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (all three features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites (both features) | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | client/physician Web portal, patient service center Web portal, patient Web portal, sales portal | test, payer, client (user’s choice) | rules-based processing, claims scrubbing, bundling/unbundling, 72-hour rule, 14-day rule | ICD-10, CPT, HCPCS level II | yes (with Change Healthcare; 100% of data exchange via direct electronic connection) | yes (if codes provided in CSV format) | yes | escrow/— | ad hoc query tools, user-defined interfaces, workflow configuration, tailored worklists | yes (client users) | supports an option for insurance discovery for patients who don’t have insurance coverage listed; supports a built-in sales portal that allows a lab’s sales team to self-serve on needed information | ||||
2 | CompuGroup Medical | Patrick Hall | patrick.hall@cgm.com | Austin, TX | 877-564-4414 | https://www.cgm.com/us | CGM SCHUYLAB† | local server and software | available as an integrated component of CompuGroup Medical’s clinical LIS | via standard software maintenance fee | 1990 (began selling CGM SCHUYLAB in 2020) | Jan-2024 | July 2023 (version 4.0) | 110 | 4 | 4 | 4/75 (5 AP labs + 5 molecular or NGS labs + 45 clinical reference labs + 10 physician office labs + 10 other U.S. sites–veterinary, independent reference labs)/31–independent reference labs, physician office labs, hospitals | yes (in Guam, Caribbean, Canada, Africa, Pacific Rim, South East Asia) | Guam, Caribbean, Canada, Africa, Pacific Rim, South East Asia | Spanish, Portuguese, Chinese, Italian, Japanese, French German, Dutch | 100–1,000,000+ | 100–1,000,000+ | Jan-65 | 1,650 | yes (list of customers who have agreed to speak with prospective clients) | C++ | Microsoft Windows | FairCom C-Tree | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (all three features) | installed at laboratory sites | — | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | not available for this software | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | not available for this software | not available for this software | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | not available for this software | installed at laboratory sites | not available for this software (both features) | installed at laboratory sites/not available for this software | installed at laboratory sites (both features) | installed at laboratory sites | not available for this software | client/physician Web portal, patient service center Web portal, patient Web portal | functionality not provided | rules-based processing, claims scrubbing, bundling/unbundling, 72-hour rule, 14-day rule | ICD-10, CPT, HIPAA transaction sets, X12 5010A1 | yes (with eMedix, Office Ally, ProxyMed, Ontario Health Insurance Plan; 100% of data exchange via direct electronic connection) | yes (using CodeMap) | yes | escrow/no | user-defined interfaces, workflow configuration | yes (client users) | direct Medicare and Medicaid billing, including claims and remittance, in all regions of United States; not third-party software; fully integrated with CGM SCHUYLAB laboratory information system | †formerly Schuyler House SchuyLab | |||
3 | Cortex Medical Management Systems | Carrie Cohen | ccohen@cortexmed.com | Seattle, WA | 206-812-6981 | https://www.cortexmed.com | Cortex Medical Billing RCM | remote hosting or local server and software (client option) | available as a standalone product designed to interface with any company’s LIS and EHR | via standard software maintenance fee | 1983 (began selling Cortex Medical Billing RCM in 1983) | — | October 2023 (version 10.2.18) | 44 | 2 | 2 | 0/43 (42 AP labs + 1 other U.S. site–hospital ER)/0 | no | — | — | — | — | 1/30 | 10 | yes (with permission from existing clients) | .Net | — | Microsoft SQL | installed at laboratory sites | — | installed at laboratory sites (all three features) | installed at laboratory sites | — | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | available via a third party | installed at laboratory sites | installed at laboratory sites | — | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | — | available via a third party | installed at laboratory sites (both features) | installed at laboratory sites | — | installed at laboratory sites | installed at laboratory sites (both features) | — | installed at laboratory sites | — | installed at laboratory sites (both features) | installed at laboratory sites (both features) | installed at laboratory sites | — | none | test, payer, client (user’s choice) | rules-based processing, claims scrubbing, bundling/unbundling, 72-hour rule, 14-day rule | ICD-10, CPT, HCPCS level II | yes (99% of data exchange via direct electronic connection) | — | no | —/yes (in person and via webinar) | user-defined interfaces, dictionary settings, read/write privileges | no (all modifications made by vendor) | balancing hub feature makes daily processes and procedures easy with one place to view and run all queries and reports; unlimited fee schedules | ||||
4 | LigoLab Information Systems | Suren Avunjian | suren@ligolab.com | Glendale, CA | 818-395-4659 | https://www.ligolab.com | LigoLab LIS & RCM Informatics Platform | remote hosting or local server and software (client option) | billing functionality available as an integrated component of LigoLab LIS & RCM Informatics Platform | via standard software maintenance fee | 2018 (began selling LigoLab LIS & RCM Informatics Platform in 2018) | Dec-2023 | January 2024 (version 2023.1.77) | not tracked by contract (tracked by net collection) | 7 | 5 | 0/100+ (>75 AP labs + 8 molecular or NGS labs + 17 clinical reference labs)/0 | no | — | — | 5,000–5,000,000 (average, 250,000) | 5,000–5,000,000 (average, 400,000) | 12/300+ | 75 | yes (complete list but prospective client must sign a nondisclosure agreement) | Java, JavaScript, SQL, others | any operating system that supports Java virtual machine | Oracle, Microsoft SQL (database agnostic) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (all three features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | available via a third party (on LigoLab platform) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | available via a third party (on LigoLab platform) | available via a third party (on LigoLab platform) | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites (both features) | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | client/physician Web portal, patient service center Web portal, patient Web portal | test, payer, client (user’s choice) | rules-based processing, claims scrubbing, bundling/unbundling, 72-hour rule, 14-day rule | IAIABC EDI guidelines, ICD-10, CPT, HCPCS level II | yes (with Waystar, FrontRunner, Availity, others; 100% of data exchange via direct electronic connection) | yes (using CMS functionality or any other that is requested) | yes | escrow/yes (in person, via webinar and conference call) | ad hoc query tools, user-defined interfaces, dictionary settings, read/write privileges, workflow configuration, tailored worklists | yes (client users and designated third parties) | integrated LIS and RCM platform with automation, third-party integration, interwoven billing logic; automated clean claim scrubbing and CPT/ICD coding; complete transparency and control of billing workflow | ||||
5 | Medical Information Technology (MEDITECH) | Andrea Quinn | aquinn@meditech.com | Canton, MA | 781-821-3000 | https://www.meditech.com | MEDITECH Expanse Revenue Cycle | remote hosting or local server and software (client option) | available as a standalone product designed to interface with any company’s LIS and EHR | via standard software maintenance fee | 1977 (began selling Expanse in 2016) | Jan-2024 | January 2024 (Expanse version 2.2.47) | 233 | 41 | 42 | 412 /commercial medical (nonhospital) sites not tracked/71–long-term care, short-term acute care | yes (worldwide) | Australia, Bahamas, Canada, England, Ireland, Kenya, Pakistan, Singapore, British Virgin Islands | none | not tracked | not tracked | not tracked | 3,360 | yes (partial list of comparable sites with no restrictions) | self-developed programming languages | Microsoft Windows 7, 8, 10; others | proprietary (data repository runs on Microsoft SQL Server 2012 or higher) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (all three features) | installed at laboratory sites | available via MEDITECH General Financials suite | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | under development | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | available via MEDITECH Authorization and Referral Mgmt. | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | available via MEDITECH Scanning and Archiving | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites (both features) | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | integrated patient health portal (separate purchase/line item) | test, payer, client (user’s choice) | rules-based processing, bundling/unbundling, 72-hour rule, 14-day rule | ICD-10, CPT, HCPCS level II, others | yes | no (provides standard routines to load code files) | yes | escrow/no | ad hoc query tools; dictionary settings; workflow configuration; tailored worklists; customer-defined screens, parameters, reports, rules-based logic | yes (client users) | dashboard reporting of key financial performance indicators through an interactive financial status desktop; centralized or decentralized billing with automated charge capture, claim generation, patient statement, collections, denial-management workflows | ||||
6 | SCC Soft Computer | Ellie Vahman | ellie@softcomputer.com | Clearwater, FL | 727-789-0100 | https://www.softcomputer.com | Soft A/R† | remote hosting or local server and software (client option) | available as an integrated component of SCC Soft Computer’s LIS and as a standalone product designed to interface with any company’s LIS | via standard software maintenance fee | 1993 (began selling Soft A/R in 1993) | Jan-2024 | May 2022 (version 4.5.10.1) | 111 | 5 | 5 | 388/145 (4 AP labs + 16 molecular or NGS labs + 18 clinical reference labs + 107 other U.S. sites–outpatient, clinics)/46–public health system, commercial labs | yes (worldwide) | Australia, Bermuda, Jamaica, United Kingdom | — | — | 100,000–10,000,000 (average, 4,000,000) | Apr-60 | 2,000 | yes (partial list of comparable sites but prospective client must sign a nondisclosure agreement) | C, Java, Oracle | server: AIX, Linux, cloud; workstation: Microsoft Windows, thin-client supported | Oracle, PostgreSQL | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites/installed at laboratory sites/not available for this software | installed at laboratory sites | not available for this software | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | available via SCC’s SoftExpress | available via a third party | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | available via SCC’s SoftMedia | installed at laboratory sites | not available for this software (both features) | installed at laboratory sites (both features) | installed at laboratory sites (both features) | installed at laboratory sites | available via SCC’s SoftBI Business Intelligence | client/physician Web portal, patient service center Web portal | test, payer, client (user’s choice) | rules-based processing, claims scrubbing, bundling/unbundling, 72-hour rule, 14-day rule | IAIABC EDI guidelines, CPT | yes (with CMS, Change Healthcare, Waystar, others) | yes (using MediQuant, CMS, AMA, 3M) | yes | escrow/yes (in person, via webinar and conference call) | ad hoc query tools, user-defined interfaces, dictionary settings, rules engine | — | modular product that can be tailored to most lab environments; on premises or cloud deployment; unlimited multi-tiered pricing, unlimited payer rules, carve-outs, edits, centralized billing or outsourced RCM | †also marketed by RCM Enterprise Services | |||
7 | Seacoast Laboratory Data Systems | Lisa M. Turgeon | info@sldsi.com | Dover, NH | 603-431-4114 | https://www.sldsi.com | SurroundLab AR | remote hosting or local server and software (client option) | available as a standalone product designed to interface with any company’s LIS and EHR | some via standard software maintenance fee† | 2001 (began selling SurroundLab AR in 2001) | Dec-2023 | October 2021 (version 2021001) | — | 3 | 3 | 3/84 (clinical reference labs)/0 | no | — | — | — | 13,500–4,000,000 (average, 400,000) | 6/325 | 25 | yes (partial list of comparable sites but prospective client must sign a nondisclosure agreement) | MUMPS, Caché | Microsoft Windows, Unix | Caché, GT.M | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (all three features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites (both features) | installed at laboratory sites (both features) | installed at laboratory sites | — | client/physician Web portal, patient Web portal | test, payer, client (user’s choice) | rules-based processing, claims scrubbing, bundling/unbundling, 72-hour rule, 14-day rule | IAIABC EDI guidelines, ICD-10, CPT, HCPCS level II | yes (with Ability, Availity, CHC, others; 99% of data exchange via direct electronic connection) | yes (using CodeMap, Optum360) | yes | no/no | ad hoc query tools, dictionary settings, tailored worklists | yes (client users can change master file definitions) | commercial lab centric; scalable; fully customizable; complete product suite for the commercial laboratory, including nursing home functions, AP billing | †annual updates to base software | |||
8 | TELCOR | Corey Wilbeck | corey.wilbeck@telcor.com | Lincoln, NE | 855-489-1207 | https://www.telcor.com | TELCOR RCM | remote hosting or local server and software (client option) | available as a standalone product designed to interface with any company’s LIS and EHR | via standard software maintenance fee | 2004 (began selling TELCOR RCM in 2004) | Feb-2024 | July 2023 (version 21.3) | 229 | 12 | 14 | 45/184 (46 AP labs + 41 molecular or NGS labs + 89 clinical reference labs + 8 other U.S. sites–mobile radiology, environmental, public health, sleep study, others)/0 | no | — | — | 50–1,750,000 (average, 120,000) | 50–11,500,000 (average, 2,000,000) | 2/700 | 300 | yes (list of customers who have agreed to speak with prospective clients) | Microsoft .Net, C#, Visual Basic .Net | Microsoft Windows | Microsoft SQL server | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (all three features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | available via a third party | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites (both features) | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | client/physician Web portal, patient service center Web portal, patient Web portal | test, payer, client (user’s choice) | rules-based processing, claims scrubbing, bundling/unbundling, 72-hour rule, 14-day rule | ICD-10, CPT, HCPCS level II | yes (with Aetna, Anthem, Availity, BCBS, Change Healthcare, Claim.MD, Trizetto, Waystar, many others; 100% of data exchange via direct electronic connection) | yes (using AMA, CMS) | yes | optional/yes (in person and via webinar) | ad hoc query tools, user-defined interfaces, dictionary settings, others | yes (client users and designated third parties) | online, dynamic rules-based technology drives workflow efficiencies, cleaner claims submissions, and improved collections; unlimited real-time reporting to track payer reimbursement, sales trends, denials, appeals, accounts receivable, and user productivity | ||||
9 | XiFin | Kyle Fetter | info@xifin.com | San Diego, CA | 866-934-6364 | https://www.xifin.com | XiFin RPM | remote hosting | available as a standalone product designed to interface with any company’s LIS and EHR | via standard software maintenance fee | 2001 (began selling XiFin RPM in 2002) | Feb-2024 | November 2023 (version XiFin RPM 16) | not tracked by contract (tracked by facility) | 14 | 17 | 72/297 (77 AP labs + 97 molecular or NGS labs + 60 clinical reference labs + 63 other U.S. sites–pain management, toxicology, radiology, remote patient monitoring, independent diagnostic testing facility)/0 | no | — | — | — | 20,000,000 maximum (average, 5,000,000) | 10/3,000 | 1,110 | yes (partial list of comparable sites with no restrictions) | Java, JavaScript, SQL | Web-based application (client platform agnostic) | Oracle | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites/installed at laboratory sites/under development | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | installed at laboratory sites (both features) | installed at laboratory sites (both features) | installed at laboratory sites (both features) | installed at laboratory sites | installed at laboratory sites | client/physician Web portal, patient service center Web portal, patient Web portal | test, payer, client (user’s choice) | rules-based processing, claims scrubbing, bundling/unbundling, 72-hour rule, 14-day rule | ICD-10, CPT, HCPCS level II | yes | yes (using AMA, CMS) | no (ability to bring in LOINC codes passed from another system) | no/yes (in person, via webinar and conference call) | ad hoc query tools, user-defined interfaces, dictionary settings, workflow configuration, many others | client users cannot modify software code but can configure workflow functionality, rules logic | HITRUST-certified SaaS platform with patient and client portals, APIs, analytics, and patient responsibility estimator; automated and configurable RCM workflow with AI embedded for payer translation and error processing prioritization | ||||
Company | Contact | City, State | Phone | Website | Name of billing/accounts receivable/revenue cycle management system | How billing/AR/RCM functionality is deployed | Configuration of billing/AR/RCM system | How updates to billing/AR/RCM system are covered | Year company began selling billing/AR/RCM systems | Most recent billing/AR/RCM system client go-live (based on Feb. 2024 survey deadline) | Last product release or update of featured billing/AR/RCM system | No. of contracts for sites using billing/AR/RCM system | • No. of sales of billing/AR/RCM system between Feb. 2023–Jan. 2024 | • No. of clients that went live with billing/AR/RCM system, Feb. 2023–Jan. 2024 | No. of sites operating billing/AR/RCM system that are hospital labs in U.S./commercial medical (nonhospital) sites in U.S.*/foreign medical sites | Company actively markets billing/AR/RCM system outside the U.S. | • Foreign locations in which billing/AR/RCM system is installed | Human languages (other than English) supported by system | No. of invoices handled by installed sites annually | No. of requisitions handled by installed sites annually | No. of users who have access to system in smallest site/in largest site | Approximate No. of employees in entire company | Company provides list of client sites to potential customers on request | Programming languages and development applications or environments | Operating systems | Databases | Functionality incorporated in product: | • Generates CMS 1500 (HCFA-1500) claim form (paper version) | • Generates UB-04 (CMS 1450) claim form (paper version) | • Generates client invoices/Generates patient invoices/Generates family invoices | • Guarantor billing | • Ability to produce a GAAP, FASB, and SOX-compliant end-of-month financial package with referential integrity | • Billing by test profile/Component billing | • Medical-necessity screening for Medicare | • Ability to split technical component and professional component and bill separately | • Prevents billing for nonbillable procedures | • Patient demographic data transferred via interface from LIS or EHR to billing system | • Retains demographic data for repeating patients | • Account and patient payment posting/Full accounts receivable functionality | • Credit card processing | • Automatic balance billing to patient after receiving remittance that satisfies PT codes on insurance | • Ability to fee-for-service bill tests and codes carved out of capitated plans | • Generates utilization reports for managed care | • Generates global charges for lab tests | • Ability to set an unlimited No. of user-defined fee schedules | • Ability to separate payers into lab-defined groups and report on the groups | • Displays expected reimbursement by payer | • Allows open-item accounting | • Client services or call tracking module | • Benefit eligibility checking with auto-update | • User-defined patient dunning cycles/User-defined patient collections process | • User report writer | • Client control of software edits for preferences and configurations | • Client control of payer-specific rules and configurations | • Ability to audit activity per user/Ability to measure productivity per user | • Storage and management of supporting documentation for claims and appeals | • Automated workflow for identifying errors up front and addressing them prior to claim submission | • Appeals tracking/Appeals success metrics | • Underpayment tracking/Key indicator tracking | • Generates financial reports/Generates operational reports | • Reports client performance in terms of payment rates, denials, similar metrics | • AI-enabled analytics that support workflow automation and configuration | Portals provided on billing/AR/RCM system | Means by which billing/AR/RCM system tracks profitability | Advanced system capabilities | Voluntary coding systems, standards, or formats supported | System supports EDI with third-party payers and claims clearinghouses | Code changes automatically accepted by billing/AR/RCM system via interfaces | Billing/AR/RCM system provides indexed field in each test definition for LOINC code | Client gets copy of source code/User group that meets on established schedule | Methods by which users can tailor billing/AR/RCM system in their own setting | Qualified users or third parties can modify or augment standard billing/AR/RCM system functionality or features | Distinguishing product features (supplied by company) | *breakdown of commercial medical (nonhospital) sites generalized | Note: A dash in lieu of an answer means company did not answer question or question is not applicable |
Company:
Contact:
Email:
City, State:
Phone:
Website:
Name of billing/accounts receivable/revenue cycle management system:
How billing/AR/RCM functionality is deployed:
Configuration of billing/AR/RCM system:
How updates to billing/AR/RCM system are covered:
Year company began selling billing/AR/RCM systems:
Most recent billing/AR/RCM system client go-live (based on Feb. 2024 survey deadline):
Last product release or update of featured billing/AR/RCM system:
No. of contracts for sites using billing/AR/RCM system:
• No. of sales of billing/AR/RCM system between Feb. 2023–Jan. 2024:
• No. of clients that went live with billing/AR/RCM system, Feb. 2023–Jan. 2024:
No. of sites operating billing/AR/RCM system that are hospital labs in U.S./commercial medical (nonhospital) sites in U.S.*/foreign medical sites:
Company actively markets billing/AR/RCM system outside the U.S.:
• Foreign locations in which billing/AR/RCM system is installed:
Human languages (other than English) supported by system:
No. of invoices handled by installed sites annually:
No. of requisitions handled by installed sites annually:
No. of users who have access to system in smallest site/in largest site:
Approximate No. of employees in entire company:
Company provides list of client sites to potential customers on request:
Programming languages and development applications or environments:
Operating systems:
Databases:
Functionality incorporated in product::
• Generates CMS 1500 (HCFA-1500) claim form (paper version):
• Generates UB-04 (CMS 1450) claim form (paper version):
• Generates client invoices/Generates patient invoices/Generates family invoices:
• Guarantor billing:
• Ability to produce a GAAP, FASB, and SOX-compliant end-of-month financial package with referential integrity:
• Billing by test profile/Component billing:
• Medical-necessity screening for Medicare:
• Ability to split technical component and professional component and bill separately:
• Prevents billing for nonbillable procedures:
• Patient demographic data transferred via interface from LIS or EHR to billing system:
• Retains demographic data for repeating patients:
• Account and patient payment posting/Full accounts receivable functionality:
• Credit card processing:
• Automatic balance billing to patient after receiving remittance that satisfies PT codes on insurance:
• Ability to fee-for-service bill tests and codes carved out of capitated plans:
• Generates utilization reports for managed care:
• Generates global charges for lab tests:
• Ability to set an unlimited No. of user-defined fee schedules:
• Ability to separate payers into lab-defined groups and report on the groups:
• Displays expected reimbursement by payer:
• Allows open-item accounting:
• Client services or call tracking module:
• Benefit eligibility checking with auto-update:
• User-defined patient dunning cycles/User-defined patient collections process:
• User report writer:
• Client control of software edits for preferences and configurations:
• Client control of payer-specific rules and configurations:
• Ability to audit activity per user/Ability to measure productivity per user:
• Storage and management of supporting documentation for claims and appeals:
• Automated workflow for identifying errors up front and addressing them prior to claim submission:
• Appeals tracking/Appeals success metrics:
• Underpayment tracking/Key indicator tracking:
• Generates financial reports/Generates operational reports:
• Reports client performance in terms of payment rates, denials, similar metrics:
• AI-enabled analytics that support workflow automation and configuration:
Portals provided on billing/AR/RCM system:
Means by which billing/AR/RCM system tracks profitability:
Advanced system capabilities:
Voluntary coding systems, standards, or formats supported:
System supports EDI with third-party payers and claims clearinghouses:
Code changes automatically accepted by billing/AR/RCM system via interfaces:
Billing/AR/RCM system provides indexed field in each test definition for LOINC code:
Client gets copy of source code/User group that meets on established schedule:
Methods by which users can tailor billing/AR/RCM system in their own setting:
Qualified users or third parties can modify or augment standard billing/AR/RCM system functionality or features:
Distinguishing product features (supplied by company):
*breakdown of commercial medical (nonhospital) sites generalized:
Note: A dash in lieu of an answer means company did not answer question or question is not applicable:
Billing headwinds grow stronger for labs
April 2024—In billing for pathology and laboratory services, the hurdles are only getting higher. Narrow networks, prior authorizations, claims denials. Payers “have deeper pockets and figure they can outlast us,” said Joe Saad, MD, chair of the CAP Council on Government and Professional Affairs, in a Feb. 14 roundtable led online by CAP TODAY publisher Bob McGonnagle.
He and others talked about AI, digital pathology codes and molecular Z-Codes, biomarker testing, and unity within the laboratory community.
During last year’s roundtable on billing systems we talked about three principal items that were top of mind: the No Surprises Act, the increase in demand for prior authorizations, and denial of payments. Joe Saad, are those still the most important items you think about when you think about pathology and laboratory billing?
Joe Saad, MD, chairman of pathology, director of anatomic pathology, president of medical staff, and medical director of laboratory, Methodist Health System and Methodist Dallas Medical Center: Yes. They’re interrelated because the No Surprises Act has emboldened many payers to pull certain tricks on us, like narrowing the networks, denying claims, and making us jump through hoops with laboratory benefit managers, prior authorization, et cetera. Payers are in the driver’s seat. They can challenge us, and if we don’t like it they don’t mind if we go out of network, which gives them the upper hand when it comes to payment. They know it’s time-consuming, laborious, and costly if we want to contest it, go through the negotiation period, and go to arbitration. They have deeper pockets and figure they can outlast us.
It’s important to press network adequacy laws in various states to limit their ability to sidestep us with inadequate networks, invoke the No Surprises Act, and challenge us to go out of network.