Maximize lab revenue with streamlined Laboratory Billing Services
NextGen billing solution provides comprehensive coverage for every stage of the medical revenue cycle management (RCM) process — from payer credentialing to aged accounts receivable (AR) recovery. Designed for laboratory billing excellence, this solution can function as a standalone service or as part of a fully customizable package. The NextGen billing solution includes advanced features such as insurance verification, patient billing, old AR collections, medical coding, and integrated billing software, empowering healthcare providers to optimize efficiency and maximize revenue performance.
Our Laboratory Billing Services
Order & Demographic Management
Toxicology
Molecular
Clinical
Pathology
2019 Case Study Results
1st April
Started On
1 year
Review Period
$86,000 to $144,000
Collection Increased
67.4%
Revenue Increased By
Lab Medical Billing Services For Maximum Reimbursement
NextGen Billing Solution delivers expert medical laboratory billing services, ensuring claims are accurately reviewed, submitted, and tracked promptly. This efficient process leads to faster payments and helps your laboratory maximize revenue.
Comprehensive Laboratory Billing Solutions
NextGen Billing Solution, laboratories can boost operational efficiency by streamlining revenue cycle management and navigating challenges such as changing insurance policies while maximizing revenue potential. Unlike traditional billing companies that focus primarily on high-value claims, NextGen Billing Solution is designed for labs managing high volumes of smaller claims. Its efficient process allows thousands of claims to be scrubbed and filed within 48 hours, with a dedicated account manager ensuring every claim is tracked and reimbursed.
Full-Service Lab Billing Company & Solutions
NextGen Billing Solution, provides complete support for lab revenue management. Many clients start with our lab medical billing services and soon expand to include collections, credentialing, and other payer-related tasks due to our proven efficiency. We also manage old AR accounts, successfully recovering payments on bills up to a year old. Our expert team handles payer credentialing, insurance verification, compliance audits, and more—delivering a seamless, end-to-end billing and revenue management experience.
Claims Management & Assessment
NextGen Billing Solution, the primary goal of our lab medical billing service is to secure timely reimbursement for the services you provide. Our experienced billers scrub claims to remove errors before submission, minimizing rejections and denials. When issues do occur, our system quickly identifies and resolves them. Since a significant amount of revenue is often lost to abandoned claims, we **track every claim—regardless of value—**to ensure full payment and maximum revenue recovery.
Collections – Old AR and Current Charges
NextGen Billing Solution, manages not only direct claim reimbursements but also balances due from patients, collaborating providers, and secondary payers. Our clear communication and efficient processes help achieve higher collection rates than typical lab billing companies. We also specialize in old AR recovery, successfully collecting balances up to a year old. By improving the billing cycle and reducing denials, we enhance the revenue performance of both clinical and reference laboratories.
EHR/EMR Integration
NextGen Billing Solution, labs can avoid claim denials caused by coding errors through effective billing and revenue cycle management practices. Maintaining such systems in-house can be costly, but our independent laboratory billing services handle coding updates and payer requirements for you. Our software can integrate with your existing practice management, EHR, and EMR systems or operate independently to manage all aspects of patient data and revenue cycle management efficiently.
Always Up to Date
The NextGen Billing Solution team is highly trained and stays up-to-date with coding changes and payer requirements to maximize revenue. Our claims management process identifies the sources of errors that lead to rejections or denials and implements staff retraining to prevent them in the future. These strategies help optimize lab billing workflows and enhance overall revenue cycle performance.
The Lab Business Isn’t Getting Any Easier
NextGen Billing Solution, the lab business can overcome increasing challenges while improving efficiency and boosting revenue. Leveraging specialized lab billing expertise helps streamline operations, optimize the revenue cycle, and support business development efforts that drive growth and strengthen client relationships in the laboratory services sector.
Detailed and Transparent Reporting
NextGen Billing Solution, your laboratory medical billing is handled efficiently, freeing you from time-consuming tasks while keeping you fully informed about your revenue. Regularly presented reports track key performance indicators (KPIs), showing payment timelines, accounts receivable balances, and the value of services provided. With this solution, you’ll see faster payments and a reduction in unpaid bills, improving your lab’s overall financial performance.
Benefits of Outsourced Lab Billing
NextGen Billing Solution, lab billing becomes a seamless process, allowing laboratories to focus on delivering high-quality patient care. By outsourcing billing to specialists, labs can leave the time-consuming tasks—claim submission, denied claim follow-ups, and accounts receivable management—to experts. Advanced technology and certified coders ensure clean claims and maximized revenue, resulting in improved cash flow.
Partnering with an independent lab billing provider lets you concentrate on patient care while they handle the billing. This collaboration ensures your patients receive the attention they need, and your lab secures the revenue it deserves.
We offer complete and customized
billing and AR management services
to meet your needs.
HR Services
The advanced billing process can also integrate seamlessly with payroll systems, manage employee benefits, and deliver comprehensive human resource support for your office operations.
Accounting Services
We handle the processing and collection of your accounts receivable while providing comprehensive accounting services to ensure accurate financial management and streamlined cash flow for your organization.
Affordable Rates
We offer comprehensive physician practice management services combined with advanced medical software designed to streamline operations, enhance efficiency, and reduce administrative burdens all at a highly affordable rate.
Runs Smoothly
We assign a dedicated Regional Manager to your office to make sure every process runs efficiently and seamlessly.
HR Services
The NextGen Billing Solution process also manages payroll, coordinates benefits, and offers HR services to streamline your office operations.
Our Services
- Medical Billing Collections
- Physician Billing
- Staff Administration
- EMR/EHR-Integrated Accounting
- PPO Contracting
- Financial Analysis & Reporting
- Physician Credentialing with Coding Evaluation
- EMR/EHR Custom Template Design
Frequently Asked Questions
What is NextGen Billing Solution?
NextGen Billing Solution is a comprehensive platform that streamlines medical billing, revenue cycle management, and administrative processes for healthcare providers.
How does NextGen Billing Solution help with medical billing?
It automates claim submissions, tracks payments, manages denials, and ensures accurate reimbursement.
Can NextGen Billing Solution integrate with EMR/EHR systems?
Yes, it supports EMR/EHR integration to simplify accounting, reporting, and patient record management.
Call or email NextGen Billing Solution today to discover how we can support your practice.