Overview

MedValue provides end-to-end Laboratory Billing Services tailored to the complex financial and operational demands of today’s diagnostic labs. We serve independent laboratories, pathology groups, hospital outreach programs, and advanced molecular/genetic testing centers. Our solutions are designed to increase reimbursement rates, improve workflow efficiency, and reduce administrative burden.
By combining deep industry knowledge with AI-driven automation, we ensure billing precision, faster payments, and ongoing compliance with evolving payer regulations. Our adaptable and scalable model supports laboratories of all sizes — whether processing hundreds or tens of thousands of specimens daily.

Patient Demographics and Eligibility Verification

We optimize front-end intake by automating demographic data extraction from lab requisitions, EMRs, and order entry systems. Our real-time eligibility verification tools integrate directly with payer databases, enabling precise coverage validation and reducing delays caused by incorrect or incomplete patient information.

Charge Entry and Expert Coding

Our certified coding specialists are proficient in lab-specific coding standards, including CPT, HCPCS, and ICD-10, spanning services from routine pathology to advanced molecular diagnostics. We leverage natural language processing (NLP) to interpret lab reports and suggest compliant codes that maximize reimbursement efficiency and accuracy.

Claim Scrubbing & Submission

Using our proprietary AI-powered claim scrubbing engine, every claim is rigorously validated against payer rules, bundling protocols, and modifier logic. This process ensures a higher clean-claim rate and significantly reduces rework associated with rejections or denials.

Automated ERA Posting & Payment Reconciliation

Our automated systems post payments from ERAs and EOBs directly into your billing platform, ensuring fast and accurate reconciliation. Any anomalies — such as underpayments, missed adjustments, or missing remittances — are immediately flagged for follow-up by our revenue cycle specialists.

Denial Management & Appeals

Our denial management strategy is driven by predictive analytics that identify patterns and root causes before they impact cash flow. Denied claims are followed up with timely appeals supported by payer rules, clinical documentation, and proven case histories — improving recovery rates and reducing revenue leakage.

Patient Billing & Support

We handle patient billing with care and professionalism, providing tailored statements, flexible payment options, and responsive call center support. Optional chatbot and IVR integration enhances the patient experience while reducing internal support workload.

AI-Powered Revenue Cycle Automation

MedValue integrates intelligent automation across the entire revenue cycle to optimize performance:

  • AI-Driven Code Mapping: NLP tools convert lab results into accurate billing codes.
  • Claim Risk Prediction: Machine learning identifies high-risk claims based on payer behavior.
  • Underpayment Detection: Automated comparison of payments to contracted rates identifies shortfalls.
  • Real-Time Data Validation: Smart bots ensure all claims are complete and compliant before submission.
  • Dynamic Workflow Management: AI prioritizes tasks based on urgency, value, and denial risk.

This intelligent framework improves accuracy, reduces errors, and accelerates collections — boosting overall financial performance.

Compliance & Data Security

We maintain the highest standards of data security and compliance, fully aligning with HIPAA, PCI-DSS, and SOC 2 protocols. All sensitive data is encrypted both in transit and at rest. Robust access controls and regular audits across our delivery centers ensure regulatory integrity at every step.

Laboratory Types We Serve

Our lab billing expertise spans across:

  • Clinical Reference Labs
  • Pathology & Histology Labs
  • Hospital Outreach Services
  • Molecular, Genetic & Genomic Testing Labs
  • Toxicology & Drug Testing Facilities
  • Fertility & Endocrinology Labs
  • Mobile Phlebotomy & Collection Networks

Why Choose MedValue for Lab Billing

  • 98%+ Clean Claim Rate on First Submission
  • 30–40% Reduction in Denials & Rejections
  • 24–48 Hour Turnaround on Charge Processing
  • Seamless Integration with LIS, EMR & PM Systems
  • Dedicated Account & Compliance Oversight
  • Scalable Team for High-Volume Demands
  • Real-Time Dashboards for Full Process Visibility

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