Bikham's Comprehensive Laboratory Billing Services

Needless to say that every laboratory has a different and unique billing criterion and needs an in-depth knowledge of modern billing processes. The outsourcing laboratory billing process is the interaction between a variety of laboratory practices — pathology, toxicology, molecular, clinical laboratory — and the insurance agencies. All of these billing practices need to be certified in order to perform and bill for their practice and the whole billing process may take days or several months to complete.

With the depth of services offered by these medical laboratories, accurate billing and follow-ups could get intimidating and tedious. The complexities in the billing cycle can also lead to denials leading to losses in revenue. 

      

What we can offer:

Being a leading outsourcing laboratory billing company with an experience of over 13 years, we provide state-of-the-art billing, coding and financial management customized suites specially optimized to cater to your requirements. Our solutions are unparalleled and allow us to boost your revenue by mitigating overhead expenses. Moreover, Bikham's certified professionals guarantee you exponentially reinforced laboratory collections and enhanced productivity.  We ensure clean and concise billing while appropriating accurate codes which directly result in minimal denials. No denials mean more money for your practice and achievement of financial objectives. Our Revenue Cycle Management team ensures strict profitability of your practice with a streamlined revenue stream under the watchful eye of our experts. Employing customized solutions that allow you to enjoy maximum growth. We have a dedicated team to tend to AR receivables and follow-ups while ensuring timely claim filings that result in swift reimbursements. Allowing medical practitioners to focus on their primary goal: providing top quality healthcare while not spending important hours worrying about the back-end operations.

We deliver our services across the board for individuals, SMEs, and large enterprises. Our Laboratory billing solutions are the best you will find. We are aligned to professional ethics and a bunch of legal compliances like HIPPA and are ISO/IEC:27001:2013 certified. Which further solidifies our industry expertise and ensures we deliver while being adherent to strict guidelines for data protection ensuring our data facility is sealed tight. 

To avail yourself of the benefits offered by Bikham Healthcare and our laboratory billing solutions, contact one of our representatives today.

An Introduction to charge entry & payment posting process.

Billing cycle begins with charge entry and comes to an end with payment posting. Charge entry process and payment posting services process are the most crucial stages in medical billing. A good payment posting process helps streamline the manual payment process helping you save time and money. It requires careful allocation of codes in the software system handled by experts of the field. Outsourcing it to Bikham means you can sit back and trust the team of professionals who will handle your Charge entry and payment posting process with the due diligence required, resulting in a streamlined operation.

Our professional prowess:

To begin with the charge entry process in medical billing, the service provided by us can either be part of revenue cycle management services or a stand-alone service. Our team has years of experience in managing the charge entry process assisting various medical practitioners.

As such, they can get on with the process straight away, quickly familiarizing themselves with the practice and with Physicians way of working. Saving both time and effort.

Several years of experience with multiple specialties enables us to define a customized strategy which lessens the risk of error resulting in successful claims.

                            

 Charge entry process:

Charges are assigned to the client management system software based on account specific rules.

The pending/held documents are returned to the clients for clarification purpose.

The final charges/amount is examined by the quality team before being the claim is sent for processing.

We're one of the leading medical billing companies with competence in handling charge entry for various medical billing practices. Our team isn't just limited to data entry, they also provide value addition. In case, if we find out any error in the final bill at the time of entry, the charge entry for final bill is paused until the clarification is sought from the client.

 Payment posting process:

The compensation received from the payers or patients are updated in the clients' management system. Payment posting is performed by our team in two ways:

Auto Posting: Explanation of benefits is submitted in electronic remittance advice/ERA form which can be downloaded directly onto the client management system. In brief, the entire payment posting process is done in the system software so as to audit it anytime.

Manual Posting: In this process, the EOB is initially sent to the posting team, where they are examined at the practitioner's place of business, and then eventually shipped by the team in an envelope or delivered to the providers' location by other means. Once the payment is retrieved, the posting process is continued by the batch creation of payments in order to prevent any error.

Bikham Healthcare ensures the process is handled by a team of experienced professionals to make sure physicians get paid on time and there are no errors in payment processing.

Have questions about how our Billing solution can benefit your practice?

Schedule a free consultation and see how we can help.

INDEPENDENT LABORATORY BILLING PROVIDER

In a market stocked with options, Laboratories still don't seem to find the perfect solution to their billing issues. While Laboratories hire the best expertise to help increase the proficiency of their practice they often seem to neglect to the bill since it's not a doctor's area of expertise. This neglect, in turn, results in loss of serious revenue. Billing, coding and the other back-end processes that run along with the front end of the lab is a vital cog in the wheel. It needs to be optimized to achieve maximum efficiency which automatically results in a streamlined revenue stream. An independent laboratory billing provider is your go-to option.

                 

Laboratory billing services elevate your practice's efficiency. A professional team of billers and coders ensure clear and concise billing. Ensuring that your practice does not suffer the bane of denials. Every laboratory is different. Some by virtue of the field of expertise, like Toxicology, Pathology, Clinical medicine or even molecular and some through the scale of operation.

Everyone is different with different needs and we at Bikham Healthcare understand that. With over 13 years of pro-active experience offering our partners/clients customized suite of billing solutions, we ensure our solutions are cost-effective and fit you like a glove.

Bikham Healthcare is a leading independent laboratory billing provider that offers a whole range of billing services and solutions. Our job doesn't end at billing & coding. We have a dedicated team that takes care of just about everything. Starting from accurate billing and coding. Always submitting claims way on time, minimizing any denials, maximizing your revenue stream and the general efficiency of your practice.

Furthermore, Bikham healthcare is the leading independent revenue cycle management firm. Post providing you with top-notch billing and coding support. Our team of experts helps manage your revenue cycle and optimize it with a host of customized solutions.

Proper billing with the appropriate codes reduces the number of denials and unpaid claims. Bikham Healthcare's claim to providing top-notch Independent laboratory billing solutions is further solidified by our complete adherence to ethics and professionalism. We're completely HIPPA compliant with ISO/IEC 27001:2013 certifications.

Further ensuring that we're a team of professionals driven by ethics and excellence. Our 13 years of experience coupled with our expertise is a definite guarantee that avails you a whole set of benefits helping you achieve your financial goals and more.