Accounts Recievable

Today, even the best performing laboratories are leaving revenue on the table due to billing and collection issues. The dollar amounts laboratory procedures represent - especially compared to other hospital procedures - compounded with onerous regulatory and payment requirements, necessitate improved laboratory billing and collections systems almost universally, and sometimes require outsourcing to laboratory billing specialists.

Colaborate experts have frequently identified opportunities in our clients' laboratory billing and collections systems, and have assisted organizations in capturing those opportunities. Colaborate is experienced in diagnosing billing and collection issues and will formulate the strategies necessary to rectify any problems and facilitate optimal efficiency of the revenue cycle process.