Lab Financial Management

The revenue is already in your charts. We just make it show up in your bank.

Take Back Control and the Revenue

Most practices don’t know they can bill for outsourced lab tests. That blind spot means lost revenue and lost control. We change that. With Phytest, the tests you already order turn into dollars you actually keep, and data you can finally see.

What Happens When Lab Tests Are Outsourced and Out of Sight?

Samples are shipped out and never given a second thought

Patients call your staff asking about lab tests you don’t control

Billing for lab claims is unheard of or seems like yet another headache

Your outsourced lab tests are just another line item instead of a profit driver

Start Taking Charge of Every Test You Send Out

1

We assess and analyze

We review your current utilization of lab tests (and yes, we translate them from billing-speak into human).

2

We implement a lab revenue strategy tailored to you

Optimize revenue from labs you already run. We handle the billing headaches.

3

You gain business intelligence and grow

You get a partner who gives you ongoing oversight, reporting, and revenue improvement every month.

Billing Companies Weren’t Built for Labs, We Were

Most billing companies treat lab claims like any other claim – and that’s why they miss the mark. Labs are high volume, low dollar, and denial-prone. We’re the only partner built just for physician labs, and the largest in the industry. While others leak revenue, we turn every test into predictable cash.

Lab Billing in the Numbers: Vendors vs. Experts

Metrics	Industry	Phytest	Why It Matters?
Clean Claim Rate	95%	98%	Higher rate reduces claim rework and improves cash flow
Denial Rate	10%	4%	Lower rate minimizes revenue loss and administrative burden
Days in Accounts Receivable	40	25	Shorter days indicate faster payment collection and better financial health

Lab experts that speak fluent physician

We’ve spent 25+ years immersed in the complexity of lab billing so you don't have to. Our team of lab specialists averages 12 Years of experience, and they know how to tame messy claims, constant rule changes, and payer denials. We built proprietary tools designed only for lab claims, because generic RCM systems weren’t built to handle this complexity.

Our mission is simple: to give physicians clarity and control over every test, every claim, and every dollar their practice generates.

Turning Complexity Into Cash Flow

Unlock a new revenue stream from tests you already order

Your lab tests fuel predictable profitability instead of confusion

More control, zero extra work, and no disruptions

Your team focuses on care while we handle lab bill headaches

Ready to Make Your Lab Services Work for Your Bottom Line?

Unlock the revenue and visibility hidden inside your outsourced lab work.

Talk to a Lab Expert

OUTSOURCING LAB TESTS