Diagnostic & Laboratory Revenue Cycle Management Solutions

When billed correctly, high volume and/or high-dollar lab and radiology tests can significantly augment your lab’s revenue. However, perpetual billing errors can be catastrophic, likely costing you hundreds of thousands of dollars in missed lab and radiology reimbursement annually.

The good news is that the right technology-based solutions can make a difference. ZirMed’s powerful data-driven solutions help you capture lab and radiology reimbursement with ease. By integrating with your existing lab information system, ZirMed’s powerful lab billing solutions help you streamline processes and capture revenue for every lab and diagnostic test you perform. Take your lab RCM to the next level to gain the revenue you’ve earned.

Want to learn more? Take a tour of ZirMed’s comprehensive laboratory revenue cycle management solutions to help optimize revenue:

Verify eligibility and identify hidden coverage.

Patients don’t always present to the same lab or radiology facility, nor do they present to these centers with any type of regularity. Thus, it’s difficult for to obtain and maintain accurate demographic and insurance eligibility information. You need lab RCM solutions that provide real-time eligibility information as well as detect unknown coverage after services are rendered.

Here’s how ZirMed can help:

Capture revenue from self-pay patients using laboratory & radiology billing software solutions.

Patients with high deductible health plans are often responsible for most—if not all—of the costs related to labs and diagnostic services. Yet, many patients simply don’t understand their financial responsibilities. You need radiology and lab RCM solutions that facilitate collection. ZirMed’s patient payment solutions include lab and radiology billing software solutions that take the stress out of point of service collections and provide patients with an outstanding financial customer service experience, increasing the likelihood that they’ll follow through with payments.

Here’s how ZirMed can help:

Accelerate cash flow with claims, remit, deposit and denial management.

Quick and accurate payments keep your lab and diagnostic facility running smoothly. Unfortunately, many barriers stand in your way: Missing charges, processing paper payments, and manually matching deposits to remits are just a few. You need automated remittance processing and reimbursement deposit management to gain real-time cashflow insight. By automating reconciliation, you eliminate thousands of hours wasted on labor-intensive manual processing, reduce the risk of errors, auto-post pre-reconciled download files, and expose missing items—all in a matter of seconds. Plus, with ZirMed’s analytics, you can gain real-time insights into financial and operational performance. In addition, identify issues before they become problematic so you can proactively enhance workflows. When you’re processing a high volume of claims – as most labs do – it is imperative that the claims management interface is user-friendly and easy to navigate to support high productivity. ZirMed’s solutions make it easy to process remittance advice to keep the cash flowing.

Here’s how ZirMed can help:

Integration Capabilities

By design, ZirMed’s revenue cycle management platform enables creators of healthcare technology solutions to seamlessly and easily incorporate our HIPAA and PCI-compliant applications and transactions into your software solutions. Using ZirMed’s integration capabilities, organizations seeking a traditional approach of exchanging EDI transactions may transmit and receive a variety of claims, payments, eligibility inquiries, and other healthcare transactions using established technologies and methods such as X12 files, APIs, Flat Files, FTP, Encryption (i.e. PGP), and more. You’ll have confidence knowing that your exchanges are occurring securely, in compliance with all regulatory guidelines, and utilizing existing technological capabilities.