he field of Laboratory Medical Billing is under intense scrutiny. After OIG announced a close review of independent laboratory billing practices, CMS has increased its oversight on laboratories, making the billing process much more complex. With the reimbursement rates getting lower, costs getting higher, and billing norms becoming more stringent, the need for proficient and process compliant laboratory medical billing services is at its peak.
Familiarity with Laboratory Medical Billing HCPCS, CLIA amendments, PAMA updates, is what is important for medical billers. The knowledge of extensive laboratory services like biological, serological, hematological, and cytological has been critical. The chances of error are supposed to be minimal. At Bikham, we understand the number of billing challenges that laboratories face. The complexity of laboratory billing standards, ever-changing payer requirements, and difficulties accessing information can hinder growth and impede your business success. Our 14 plus years of Laboratory billing experience enables us to overcome these volatile billing challenges with ease, hence enabling our clients to focus on their core competencies and consequently grow their bottom lines.