Lab Business Management
Lab Business Management
The most comprehensive and agile enterprise solution for managing a multitude of diagnostic testing programs resulting in a highly profitable lab business, with higher income, more productive operations, enhanced data quality, and happy providers & patients.
Maximize reimbursement success and speed while driving operational costs down across the board to make your business bottom line shine.
Minimize manual work needed for quality data curation, test workflow handling, and partner coordination by leveraging advanced automation, intelligent analytics, and unlimited adaptable digital processes.
Ensure best data quality right from the start by eliminating paper forms and utilizing automatic real-time data validation, including insurance eligibility and discovery, as well as automatic data correction.
Control what you care about in the lab and beyond, and implement business improvement plans with the help of analytics-driven smart dashboards and actionable insights.
Provide the modern digital experience your providers & patients expect - frictionless and low-effort for your providers, and engaging, transparent, and available 24/7 on any device for your patients.
Integrate quickly and effectively with all external partners and internal LIS systems to enable rich end-to-end order handling and routing processes.
A flexible solution for creating multiple customized test workflows and patient journeys.
An example of an end-to-end journey and how PreciseMDX enhances every step:
Increase earned revenue and significantly reduce write-offs, as well as improve efficiency of revenue cycle and billing processes, based on accurate and complete data at the right time.
Utilize actionable insights from smart dashboard to identify opportunities to improve business and to resolve issues and inefficiencies.
Offer customers and prospects competitive and attractive testing programs, with modern digital experience utilizing innovative technologies.
Ensure accurate and complete data right from the start, from both the provider and patient, so test processes are efficient and billing is successful. And if data issues slip in, find them early and get them fixed automatically.
Make sure you are reimbursed for insurance-covered tests with automated insurance verification and discovery so claims are sent to the right place and denial rate drops to a minimum.
Configure and support any diagnostic testing — such as women’s & men’s health, genetics, nutrition, parental & newborn, and periodic health screenings — performed in the lab, offsite, home, or retail location.
Manage and track specimens from registration and collection to results.
Tailor unlimited patient journeys and test workflows, with steps, transitions, and business logic, to ensure each testing program works best for your customers.
Streamline the entire testing process with accurate electronic capture and storage of all order data, including forms data, consents, signatures, and uploaded documents.
Give your customers and patients the convenient digital experience they expect, including informative notifications and alerts about key steps in the testing process.
Manage all your clients in a single cloud-based system, each with its own testing programs, populations, journeys, and templates.
Employ any organizational configuration, including multiple internal labs, distributed locations, as well as various external reference labs and service partners. Easily self-configure any expansions and changes.
Create a seamless brand experience with tailoring the white-label solution to your brand and adjusting each testing program to the customer’s brand.
Utilize out-of-the-box multi-language support to let you readily communicate with a broad range of patients.
Rely on a solution that will support all your lab needs, grow with your business and easily adapt to changes, and will provide your lab with a stable, secure, and value generating solution your lab needs to succeed.
Integrate easily and quickly with your LIMS/LIS (even if there are a few), EHRs, billing and revenue cycle systems, payment processors, insurance systems, self-test kit providers, shipping aggregators, and more.
Our flexible solution is designed to be used out-of-the-box or customized via self-administration of a rich set of parameters and configurations.
Handle any testing volume, any number of different client types, and any variety of test types with robust self-configurability so you can scale quickly as your business grows.
HIPAA and PIPEDA compliant, supports highest data privacy standards, such as PHI and GDPR, and designed to meet security standards by NIST.