Laboratory Billing Services for Clean claims & Fast Payouts

Deliver accurate test results without worrying about billing inconsistencies! At Nexus io, we offer hassle-free laboratory billing services that improve coding accuracy, payer compliance, and lab revenue cycle management. Whether you run a toxicology, molecular, clinical, or pathology lab, contact us and let our experts handle all your lab billing finances.

Nexus io is a trusted leader in medical billing solutions, with over 250+ satisfied clients nationwide. Your practice could be our next success story.

97%

Collection Ratio

98%

First Pass Clean Claim Rate

30%

Reduction in A/R

Overview of Laboratory Billing

Laboratory billing plays a critical role in the healthcare revenue cycle. It ensures laboratories are properly reimbursed for diagnostic services such as blood tests, biopsies, pathology, and molecular diagnostics, allowing them to continue delivering accurate results to physicians and patients.

Laboratories provide the critical diagnostic insights that healthcare providers rely on for accurate and timely patient care. However, like other medical facilities, labs depend on consistent reimbursements to remain financially sustainable. But how can they maintain revenue if claims are frequently denied? That’s why accurate and efficient laboratory billing services are essential.

Laboratory medical billing involves the complete financial cycle of lab tests and diagnostic services. From accurate coding and thorough documentation to timely follow-ups, professional billing companies such as Nexus IO help ensure laboratories receive fair and timely compensation. The result: fewer claim denials and faster payments for the essential diagnostic services your lab provides every day.

Proven Success in Numbers

98%

Coding Accuracy Rate

20 - 30%

Revenue Growth

50+

States Served

98%

Clean Claim Rate

Common Challenges in Laboratory Billing

Laboratories play an important role in clinical decision-making within the healthcare system. Providers depend on timely, accurate test results to diagnose, treat, and monitor patients. Yet maintaining the billing accuracy under heavy testing volumes is the biggest challenge. Even a small documentation error, wrong code, or missing modifier can lead to a denied claim and lost revenue. 

Every payer has different rules, payer contracts, and lab coding guidelines. With so many moving parts, even well‑run labs start making billing errors and higher denial rates and delayed reimbursements. Moreover, some common challenges in laboratory medical billing include:

  • Annual coding updates and payer‑specific rules.
  • Supporting documentation requirements for each test.
  • CMS NCD/LCD changes force labs to cover tests and diagnoses.
  • Advanced tests (e.g., hormone) need prior auth & full documentation.

Laboratory Billing & Coding Error Solutions by Nexus IO

Many laboratories see repeat claim denials even when they think every rule was followed. Small coding slips, outdated patient or payer data, non‑compliant claims under federal regulations, and duplicate submissions all add up to lost revenue.

All you need is a reliable laboratory billing and coding expert who can protect your reimbursement by identifying and preventing the most common billing and coding errors.

Incorrect CPT codes for lab services or mismatched ICD-10 diagnoses trigger immediate rejections. Overlooking payer-specific rules, sending duplicate claims, or billing non-covered tests blocks payment again. If the required notes or charts are missing, the claim goes back for rework, an extra step that can cost about $25 and delay cash flow by weeks. Fixing these issues is the fastest route to revenue optimization for labs.

Laboratory Billing Error Solutions

By outsourcing your laboratory billing to our specialized team, every claim is handled by experts who stay up to date with the latest code sets and payer guidelines. Our team undergoes continuous training to make sure accurate coding, proper use of modifiers, and compliant documentation. We actively track policy changes from all major payers and adjust our workflows accordingly. Before submitting any claim, we verify insurance coverage and secure prior authorization for advanced tests when required. The result is a clean claim with minimal risk of denial accelerating your reimbursement process.

Outsource Lab Billing Services to Nexus io

Laboratory billing is a complex process especially when managing multiple payers, regulatory changes, and insurance requirements. That’s why Nexus IO offers specialized lab billing services customized for independent labs, hospitals, and reference laboratories across the country.

Our lab billing specialists handle high volume, low‑dollar test claims with precision. From accurate lab test coding and payer specific edits to timely claim submissions, we help speed up reimbursements and reduce denials.

Partnering with a proven lab billing company like Nexus IO helps you streamline operations, improve revenue, and focus on what matters most patient care.

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Customized Laboratory Billing Services for Every Lab Specialty

Clinical Lab Billing Services

Nexus IO’s clinical lab billing services ensure accurate reimbursement for both routine and specialized diagnostic tests. From CBCs (CPT 85025) and urinalysis (81003) to HbA1c (83036), lipid panels (80061), metabolic panels (80053), and PCR testing (87635), every test is properly coded and billed.

Our lab billing experts apply the correct CPT and ICD-10 codes, along with relevant modifiers, to maximize claim approval on the first submission.

Toxicology and Pathology Lab Billing Services

Nexus IO’s lab billing specialists apply precise CPT®, HCPCS, and modifier codes for both drug testing and tissue analysis.

For toxicology lab billing services, we accurately bill presumptive screenings (80307) and definitive drug panels (G0480–G0483) per payer-specific guidelines to minimize denials.

In pathology lab billing services, we capture revenue from standard procedures (88305) to advanced tests like immunohistochemistry (88342). Our pathology and toxicology billing specialist stays updated with coding and compliance changes, ensuring timely, clean claim submissions.

Molecular and Genetic Testing Lab Billing Services

Nexus IO’s Lab billing experts handle every stage of complex molecular and genetic test claims. We accurately code PCR respiratory panels (CPT® 87633), COVID-19 PCR (87635), Factor V Leiden mutation analysis (81241), and BRCA1/BRCA2 full sequencing (81162) with aligned ICD-10 codes and payer-specific edits.

Our team ensures coverage verification, obtains prior authorizations, and includes all required documentation such as lab requisition forms, patient demographics, clinical notes, ICD-10 codes, prior authorization approvals, ABN forms, and consent forms before claim submission. By implementing this process, you achieve first-pass claim approvals and faster reimbursement for your molecular lab.

Contact Nexus IO today to streamline your lab billing and maximize revenue.

24/7 Support Across All Specialties

At Nexus io, we understand that each medical specialty faces unique billing challenges. That’s why we offer round-the-clock customer support tailored to your practice’s specific needs. Whether you’re managing complex oncology claims, dermatology coding, or cardiology reimbursements, our team is available 24/7 to provide expert guidance and fast resolutions.

Trusted By

Client Testimonials

Our achievements are a testament to our hard work team to deliver exceptional revenue boost results and gain the client’s trust in us.

HIPAA-Compliant, Secure & Reliable

Nexus io place the utmost priority on our patient privacy, we ensure that our healthcare revenue cycle management services fully comply with HIPAA regulations; to protect patient’s data with strong security measures:

  • Securing patient information both at rest and during transmission. 
  • Always use strict access control with user authentication and authorization.
  • Conduct regulatory audits to address any vulnerabilities.

Let’s transform your lab’s revenue cycle—starting today.

Nexus io assists you with your laboratory’s precise transactions and billing procedures with efficient revenue cycle management services. Let our laboratory billing company handle all your billing complexities so you can focus on growing your lab’s success and patient care.

Let’s get in touch

Please provide the required information so we can reach you out.