SERVICES & SOLUTIONS

Physician Group

Ancillary Lab Revenue

 

Recover lost revenue and earn more per test with fully-managed billing and RCM for ancillary lab services.

Lower your cost of testing and start earning more ancillary revenue

Lower the price of your tests

Only charge for tests that are profitable

Save time while we fully manage your lab bill

Get paid more and faster with our billing team

End-to-end billing services for ancillary lab claims

 

  • All lab billing services are performed or monitored by efficient, experienced staff who are laboratory reimbursement and claim experts
  • Federal, state, and payer compliance regulations are activley practiced and monitored by our team of professionals who keep you informed of any changes
  • Account managers are always available to answer questions and give you a thorough analysis of your financial performance
  • Patients have a 100% U.S. based services team that has over 50 years of combined experience in explaining lab statements and EOBs
  • Our team of in-house developers are experts in building and navigating technology that works with your practice’s environment and needs

Automation and integration

Our technical specialists work with your practice to develop seamless and automated workflows into your facility’s environment. Your EMR system integrates with our software developed in-house to transfer data instantly and seamlessly.

Phytest has developed software and tools exclusively to help practices by managing their lab bill. Our technology was built specifically to analyze and automate the billing process for the complexities of laboratory claims. Our team of developers are in-house and constantly upgrading workflows that help our team improve our service and help your practice earn more revenue.

PHI automations

Patient health information is automatically transferred from your EMR system to initiate a faster billing cycle and collect more for your practice. Any missing information is flagged by our software and our professionals follow up quickly to provide the missing information.

Decision-tree based workflows

Our software analyzes the lab tests ran by your practice against ??? to automatically create a list of tests that are profitable. These profitable tests are allowed through the system to be billed out by our team and the unprofitable tests are sent to be billed as normal.

Integration file types

We’ve worked with numerous EMR systems and can integrate through HL7, API, and most other connections.

Our portal tools are made to give you complete transparency of your billed laboratory claims. Dedicated account managers will meet with you monthly to address your performance, identify areas of concern or growth, and help you understand your bill.

Web-based portal

Accessible on any device, anywhere. Key performance indicators (KPIs) can be viewed quickly such as monthly collections, gross collection revenue, daily postings, and more. 

Account managers

Your practice is assigned a dedicated account manager who is available to you to answer questions, walk you through your bill, and address any needs you may have. Your bill for our services is delivered monthly along with an in-person visit or scheduled meeting with your account manager.

Reporting and metrics

Get the in-depth data you need to successfully measure the performance of your ancillary laboratory revenue. Reporting and analytics are available in real-time, so you aren’t left guessing how your financials are moving on the backend. View insights on payers, aging reports, denials, client billing, patient level collections, and more.

Patient billing and services

Phytest handles all billing and collections with our team of 100% U.S. based patient service representatives. Your practice can save time, money, and resources by allowing our team of professionals to answer phone calls, help your patients understand their bill, and collect payment efficiently and quickly.

Every patient receives a separate bill for their laboratory services from Phytest on behalf of your practice. Our easy to understand statements can be customized to include your practice’s logo and direct patients to either call our patient services team or go online to our payment portal.

Patient statements

Statements are sent by our team and are designed to be easily understood. Every patient receievs a unique patient ID located multiple times on their bill that they can enter into our payment portal. Statements can include your practice’s logo and more information on our relationship to billing on behalf of your practice to ensure trust and security.

Patient representatives

Our on-shore team is comprised of billing professionals who can thoroughly explain EOBs to your patients. Patient representatives follow a strict process of follow-up calls and notifying patients of any available discounts and collections notices.

Payment portal

Our payment portal is easily assessable to patients on their smartphone so they can pay their bill quickly and easily. Practice’s payment portal can be customized with their logo and colors to help ensure patients that the bill is for their services at your practice.

Helping all specialties become more profitable

OB/GYN

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Fertility

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Internal Medicine

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Gastroenterology

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Endocrinology

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Family Medicine

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Onboarding

We coordinate with your team to streamline an efficient and accurate transition to our services. Our Immplementation Manager guides you through all of the information-gathering and decision-making processes throughout the 8-16 week period.

Susan Crisler, Implementation Manager

Start earning ancillary lab revenue for your practice today

 

Meet with our team to learn more about our services and how they fit best into your facility. We’ll help you understand the best solution to helping your practice earn more revenue.