PHYSICIAN GROUPS
Endocrinology Lab Services Revenue
Unlock a new stream of ancillary revenue and maximize your practice’s financial return with managed ancillary lab billing services.
Decision-tree based billing
Only bill for what’s appropriate and profitable with our technology built exclusively for laboratory claims. Analytics ensure your practice a financially sound ancillary revenue stream.
Patient pay & services
Any patient balances are billed in a customized format that is easy to understand and provides flexible payment options. Our team of U.S. based patient representatives answer questions and help collect payment faster.
Federal and payer compliant
Our team of reimbursement professionals adhere to all federal and payer-specific regulation. For over 25 years, we have provided ancillary lab RCM service to over 700 providers across the country.
Reporting & metrics
Get complete, real-time access to your financial performance with our client portal. View and export reports anytime that help you make data-driven decisions.
Lower your cost of testing and get paid for ancillary lab services
Our company was founded with the unique focus to lower the cost of lab testing for physician groups and help manage their ancillary laboratory billing. Endocrinology groups utilize our full-suite of technology and services built for laboratory claims and billing to increase efficiency, lower errors, and earn more revenue.
Full-service revenue cycle management for billing ancillary laboratory claims
- Our team will assess your current test menu and pricing to determine where the cost of your tests can be reduced
- We integrate your EMR systems with our technology to help automate PHI entry, test results, demographics, and more
- Our decision tree-based technology determines which tests are appropriate to bill ensuring profitability
- We perform the complete lab billing cycle from start to finish from insurance billing to patient collections
- We manage your cost of lab testing including payable management
- Monthly reconciliations are conducted by a dedicated account manager who is always available to answer questions
Get transparent, real-time metrics on the performance of your financials
- Access your practice’s data anytime, anywhere with our web-based client portal
- View top KPI metrics at a glance on the dashboard where postings and collections are reported real-time
- Understand where claims fall in aging analysis reports, denials, buckets by payer, and more
- Export and request custom reports in file formats that work for you
- See claims at the patient-level to quickly understand and answer any questions that may arise
- Determine how your practice wants to handle patient collections, discounts, and more
You and your patients can access resources on the go
- Our payment portal and patient statements are customized to your practice’s brand
- Patient statements direct patients to pay their bill online or by phone
- The payment portal is mobile enabled allowing patients to pay their bill promptly from anywhere
- Your client portal can also be accessed on your phone or tablet giving you access to your data when you’re mobile
“As one of the largest OBGYN groups in the country, we have high lab volumes in genetic, pathology, molecular and clinical specialties. We needed a partner to guide us on the financial side of our physician office lab and have enjoyed consistently good results throughout our 20-year relationship. The Phytest RCM team is first class, but we also rely on them to review and advise us on the operational aspects of our laboratory services.”
Kathy Wood, President
We created laboratory revenue solutions that do the work, so you don’t have to
With over 26 years of experience in the laboratory reimbursement space, Phytest has become a leader in outsourced laboratory RCM and laboratory management services.
We’ve helped endocrinology practices recover more revenue and grow by blending a unique knowledge of clinical, operational, and reimbursement expertise that allow us to deliver the best solutions.
Our success is founded on service, and we only succeed when our clients succeed.
Why Phytest?
We have an exclusive laboratory focus
Our unique laboratory reimbursement focus has given us a level of expertise unlike other medical billing and management companies.
We help you make data-driven decisions
Our tools and experts can transparently show you where to reduce loss, expand performance, and opportunity for new lines of business. Our team of reimbursement experts support your practice’s growth.
We give you and your patients unparalleled support
Partnering with Phytest means we are vested in your success. Our team is 100% on-shore and available to you and your patients to ensure championed client and patient support.
Start earning more laboratory services revenue
Meet with our team of laboratory reimbursement experts to explore the best laboratory revenue solution for your endocrinology practice.