Clinical Laboratory Billing and Coding Services Help you Tackle Revenue Cycle Management Challenges

McKesson Business Performance Services understands the laboratory billing and coding challenges outreach laboratories face in today's increasingly competitive and complex environment.

These challenges include:

  • Lack of business intelligence
  • Lack of focus on high volume - low dollar claims
  • Lack of system edits necessary to generate clean claims
  • High write-offs, denials and days sales outstanding (DSO)
  • Un-reconciled payment posting
  • Inability to process multiple fee schedules

McKesson Business Performance Services' Revenue Builder™ for Labs - a premier outsourced revenue cycle management solution - helps optimize your financial performance with robust front-end claims editing, powerful rules engines and pricing logic, advanced business intelligence tools, and experienced client management for strategic planning capability. Turning your outreach laboratory from a cost center into a profit center is your goal. With McKesson Business Performance Services' Revenue Builder™ for Labs, it's our entire focus. With more than 25 years' experience delivering medical billing services and revenue cycle management solutions to pathologists, outreach laboratories, and reference and clinical labs, we can help your outreach program improve its financial performance.

McKesson Business Performance Services can help accelerate the flow of funds to your lab, and partner with you to strategize for future growth opportunities. We are a national leader in:

  • Outsourced medical billing and coding
  • Laboratory billing and coding
  • Practice management
  • Revenue cycle management
  • Operational best practices

With McKesson Business Performance Services, clinical and reference labs are finally competitive with the industry giants.

Benefits

  • Help practice to ensure accurate financial reporting, coding, billing and collections
  • Increase revenue while cost-effectively processing high-volume, low-dollar claims
  • Reduce days in DSO
  • Minimize write-offs and bad debt by actively working denied claims
  • Control costs by measuring and tracking productivity and profitability by procedure, by site of service, by physician and by sales person

Fast Facts

  • Leader in clinical laboratory and pathology revenue cycle management solutions
  • More than 700 employees dedicated to serving thousands of pathologists
  • Largest repository of provider billing data enables you to compare key metrics and create an environment of excellence

  • Products