Lab Billing Services

Lab Billing Services by Revex Square is where you turn when you became a laboratory or pathology practice to process specimens and deliver accurate diagnostic results, not to determine whether a claim should be billed to the referring physician, the hospital, or the patient's insurance directly. Your day often ends with professional-versus-technical component splits, the Medicare 14-day rule, and payer rules that deny an entire panel because one test on it wasn't medically necessary on paper. That's where lab billing services from Revex Square come in.

Laboratories and pathology groups get paid faster, cleanly, and predictably by engaging a laboratory billing company that actually understands specimen-based billing, client versus patient billing models, and CLIA-linked compliance, not a generalist team applying office-visit billing logic to lab claims. No long meetings. No jargon-heavy reports. Just a partner who understands lab medical billing completely, from a single clinical chemistry panel to a full anatomic pathology and molecular diagnostics caseload.

Imagine finishing your week knowing that every specimen is billed to the correct party, every professional and technical component is split correctly, and every claim is already moving through the payment stream instead of sitting in a denial queue. That's the peace we bring to laboratories every day.

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    Laboratory Billing Service Specifications

    Complete billing & RCM overview for labs and pathology groups

    Laboratory Billing Service Specifications

    Service Type
    Laboratory & Pathology Billing, Revenue Cycle Management, and Medical Billing Audits
    Provider
    Revex Square, Full-Service Medical Billing Company
    Practices Served
    Independent Clinical Laboratories Reference and Regional Labs Hospital Outreach Labs Anatomic and Surgical Pathology Groups Molecular and Genetic Testing Labs Toxicology Labs
    Service Areas Covered
    Clinical Chemistry and Hematology Anatomic and Surgical Pathology Cytopathology Molecular and Genetic Testing Toxicology (Presumptive and Definitive) Client Billing and Patient Billing Models
    Coding Systems
    CPT (80000–89398 range), ICD-10, HCPCS G-codes for toxicology — with correct modifier use (26, TC, 90, 91) and NCCI/CLIA compliance
    Service Price
    As low as 2.75% of your monthly collections — no hidden fees
    EMR/LIS Compatibility
    Orchard Sunquest CoPath Most Major Laboratory Information Systems (LIS) Billing Software for Labs
    Availability
    Nationwide in the United States, with PAMA reporting and payer-specific lab billing rule expertise
    Compliance
    HIPAA-Compliant, CLIA-aware, encrypted, auditable, and secure HIPAA-Compliant
    Key Metrics
    99% Clean Claim Rate
    <25 Days in A/R
    <6% Denial Rate
    48hr Claim Turnaround
    Contact Number
    +1 737-227-1587
    Business Hours
    Mon – Fri: 6 AM – 9 PM (CST)

    Want to increase your laboratory collections? Get a free demonstration.

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    Why Lab Billing Choose Our Billing Service

    We handle the billing so you can focus on your patients.

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    05+ Years in Medical Billing

    Focused, specialty-trained medical billing experience helping vascular practices improve collections and protect revenue.

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    99% Clean Claim Rate

    Our experienced billing team handles claims with precision, helping reduce errors, rejections, and payment delays.

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    Faster Payments

    We follow every claim from submission through payment, helping your practice receive revenue faster and maintain a healthier cash flow.

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    Work With a Laboratory Billing Specialist

    Our team understands professional/technical component billing, CLIA compliance, client versus patient billing models, and the unique challenges of laboratory revenue cycle management.

    Our Laboratory Billing Process

    We simplify every step of your revenue cycle so your lab can focus on diagnostics.

    01

    Order & Patient Registration

    We capture accurate order and demographic data from your LIS at the point the specimen is received, and confirm eligibility and coverage before processing.

    02

    Charge Capture

    Our team captures every billable component of the order, from the individual test or panel to reflex testing and add-on studies.

    03

    Medical Coding

    Certified coders assign accurate CPT and ICD-10 codes, apply modifier 26 or TC when the professional and technical components are billed separately, and select the correct toxicology G-code for presumptive or definitive drug testing.

    04

    Claim Submission

    Clean claims are submitted electronically to Medicare, Medicaid, and commercial payers, with client-billed and patient-billed arrangements routed to the correct party from the start.

    05

    Payment & A/R Follow-Up

    We monitor payments, follow up on unpaid claims, and aggressively manage denials tied to medical necessity, frequency limits, and documentation gaps.

    Accurate Laboratory Coding

    Every CPT code, modifier, and supporting diagnosis is carefully reviewed to reduce coding errors, claim rejections, and lost revenue.

    Faster Reimbursement

    Our streamlined billing workflow helps move claims through the revenue cycle and improves your cash flow.

    Laboratory Billing Services We Provide

    Comprehensive revenue cycle solutions designed specifically for labs and pathology groups — including the gaps most billing companies skip.

    01

    Laboratory & Pathology Medical Coding

    Accurate CPT coding across clinical chemistry, hematology, anatomic pathology, cytopathology, and molecular diagnostics, with the correct component split applied to every claim.

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    02

    Client Billing vs. Patient Billing Setup

    Whether your lab bills the referring physician or hospital directly (client billing) or bills the patient's insurance (patient billing), the workflows, compliance requirements, and anti-markup considerations are different. We structure and manage both models correctly, rather than defaulting to one approach for every account.

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    03

    Professional & Technical Component Billing

    When the interpreting pathologist and the performing lab are separate entities, the professional component (modifier 26) and technical component (modifier TC) must be billed correctly to the right party. We keep this split accurate so neither side is under-billed or duplicated.

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    04

    Date-of-Service (DOS) Rule Compliance

    Medicare's DOS rules, including the 14-day rule for certain outpatient hospital specimens, determine whether a lab or the hospital bills for a test. Getting this wrong is a common and often invisible source of denied or recouped claims — we track it before the claim goes out.

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    05

    Toxicology Billing (Presumptive & Definitive)

    Drug testing billing has gone through repeated Medicare rule changes, with G-codes replacing CPT codes for many payers. We keep coding current with payer-specific toxicology policy instead of relying on outdated CPT logic.

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    06

    PAMA Reporting Support

    Applicable labs are required to report private payer payment data under PAMA, which directly affects future Medicare Clinical Laboratory Fee Schedule rates. We help track and organize the data your lab needs for compliant reporting.

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    07

    Medical Billing Audit Services

    Beyond day-to-day billing, we offer standalone medical billing audit services and coding audits for labs that want a second opinion on an existing billing operation, whether in-house or outsourced. Our audits identify undercoding, upcoding risk, medical necessity gaps, and component-split errors before a payer or regulator finds them first.

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    08

    Denial Management

    Our team identifies the root cause of denials, corrects billing issues, and follows up with payers to recover lost revenue, including denials tied to medical necessity, frequency edits, and missing ICD-10 justification.

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    09

    Accounts Receivable Management

    We monitor outstanding accounts, prioritize aging balances, and actively follow up to accelerate reimbursement.

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    10

    Laboratory RCM Reporting

    Detailed reports and performance insights help you understand collections, denials by test category, A/R, and the overall health of your revenue cycle.

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    Need a Complete Laboratory RCM Solution?

    Let Revex Square handle your billing while you focus on diagnostics.

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    LABORATORY-SPECIFIC EXPERTISE

    Laboratory Billing Solutions Tailored to Your Business

    Every lab is different. A high-volume clinical chemistry lab has different billing needs than an anatomic pathology group interpreting biopsies, or a molecular diagnostics lab navigating prior authorization for genetic panels.

    Revex Square provides specialized laboratory billing solutions designed around a category of billing that runs on entirely different rules than standard medical billing. Lab billing depends on knowing who to bill (client or patient), splitting professional and technical components correctly, applying Medicare's date-of-service rules, and keeping pace with toxicology and molecular testing policy changes that most other specialties never deal with.

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    Monthly Collections Revenue Growth
    Clean Claims 99%
    Denial Rate <6%
    Days in A/R <25
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    99% Clean Claims
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    Faster Payments
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    <25 Days in A/R
    WHY REVEX SQUARE

    Why Choose Revex Square Among Laboratory Billing Companies?

    Your lab deserves more than a general billing company. You need a revenue cycle partner that understands the complexities of laboratory and pathology billing.

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    Laboratory-Specific Expertise

    Our billing professionals understand client versus patient billing, component splitting, CLIA-linked documentation, and the compliance requirements that make lab billing fundamentally different from physician office billing.

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    Transparent Pricing

    Simple, transparent pricing with no unnecessary hidden fees, allowing you to understand exactly what you are paying for.

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    Dedicated Billing Team

    Work with experienced billing specialists who become an extension of your lab and remain focused on your financial performance.

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    Complete Revenue Cycle Management

    From patient registration and eligibility verification to coding, claims, denials, and A/R follow-up, we manage the complete cycle.

    Talk to a Laboratory Billing Specialist →

    Turn Your Laboratory Billing Challenges Into Results

    From claim denials to component-split errors, Revex Square helps identify the problems affecting your revenue and provides practical solutions.

    01

    High Claim Denials

    Lab denial rates rise when medical necessity documentation and component splits aren't managed carefully. We identify denial patterns, correct billing errors, and follow up with payers to recover revenue.

    Solution Denial Management
    02

    Slow Insurance Payments

    Our team actively tracks outstanding claims and follows up with insurance companies to accelerate reimbursement.

    Solution A/R Follow-Up
    03

    Misrouted Client vs. Patient Billing

    Billing the wrong party for a specimen is a common and costly setup error, especially for labs working with multiple referring accounts.

    Solution Client & Patient Billing Setup
    04

    Date-of-Service Rule Violations

    Misapplying the 14-day rule or other DOS exceptions can result in claims that should never have been billed by the lab in the first place.

    Solution DOS Rule Compliance Review
    05

    Toxicology & Molecular Coding Gaps

    Frequent Medicare rule changes for drug testing and genetic panels leave outdated coding logic in place longer than it should be.

    Solution Toxicology & Molecular Billing Update
    06

    No Independent Check on Existing Billing

    Labs relying on a single in-house or outsourced billing process often have no outside verification that it's actually compliant or optimized.

    Solution Medical Billing Audit Services
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    Stop Leaving Revenue on the Table.

    Let our laboratory billing experts identify opportunities to improve your revenue cycle.

    Get a Free Billing Assessment →
    GOT QUESTIONS?

    Frequently Asked Questions About Lab Billing

    Get answers to the most frequently asked questions about laboratory billing, coding, compliance, reimbursement, and revenue cycle management.

    Lab billing is the process of securing reimbursement for laboratory and pathology testing. It starts with order and eligibility verification, followed by accurate coding of the test or panel, claim submission to the correct payer, follow-up on unpaid or denied claims, and payment posting.

    Client billing means the lab bills the referring physician, hospital, or other client account directly for testing performed on their behalf. Patient billing means the lab bills the patient's insurance directly. Each model has different compliance considerations, and many labs use both depending on the referral source.

    Modifier 26 identifies the professional component of a test — typically the interpretation performed by a pathologist. Modifier TC identifies the technical component — the equipment, supplies, and staff time used to perform the test. When the interpreting and performing parties are different entities, both components need to be billed correctly and separately.

    The 14-day rule is a date-of-service policy that determines whether a hospital or an independent laboratory bills Medicare for certain outpatient tests performed on specimens collected during a hospital encounter. Applying it incorrectly is a common cause of denied or recouped laboratory claims.

    Toxicology billing has shifted from standard CPT codes to Medicare-specific G-codes for presumptive and definitive drug testing, with several rule changes over the years. Coding needs to stay current with each payer's specific policy rather than relying on older CPT-based logic.

    Under the Protecting Access to Medicare Act (PAMA), applicable laboratories must periodically report private payer payment rates and test volumes, which are used to set future Medicare Clinical Laboratory Fee Schedule rates. Whether your lab is required to report depends on revenue and volume thresholds.

    "Labcorp billing services" generally refers to how Labcorp, one of the largest national reference laboratories, bills patients and insurers directly for testing it performs. An outsourced lab billing partner like Revex Square serves independent and regional labs and pathology groups by managing their own billing, coding, and collections rather than performing the testing itself.

    Yes. Revex Square can manage the full billing workflow, from eligibility checks and coding to claim submission, denial management, and A/R recovery, or support specific parts of a lab's revenue cycle.

    Yes. Our medical billing audit services can review an existing in-house or outsourced billing operation for coding accuracy, medical necessity documentation, and compliance risk, independent of whether Revex Square handles your day-to-day billing.

    Our lab billing services start as low as 2.75% of monthly collections, with transparent, no-hidden-fee pricing. The exact rate depends on test volume, specimen mix, and whether client billing, molecular testing, or standalone audit services are involved, which we walk through during a free consultation.