At Meds First, we specialize in providing reliable and efficient medical billing services designed to streamline the revenue cycle for healthcare providers.
Contact Us
1 (800) 913-6645
Monday - Friday
9am-6pm EST
At Meds First, we specialize in providing reliable and efficient medical billing services designed to streamline the revenue cycle for healthcare providers.
Contact Us
Monday - Friday
MEDS First is a trusted provider of revenue strategy and consulting services tailored for independent laboratories, hospital outreach laboratories, esoteric laboratories, private pathology practices, individual hospitals, and health systems. Our comprehensive laboratory billing services streamline your revenue cycle with customized solutions for coding, billing, collections, and reporting. These services result in faster payments and fewer denials, empowering pathologists to focus on their core expertise.
Partnering with MEDS First ensures that your laboratory billing processes are optimized, compliant, and efficient. By reducing denials, improving cash flow, and providing actionable insights, we empower laboratories to achieve financial stability and focus on delivering exceptional patient care. With MEDS First, your revenue cycle is in expert hands. Let us help you streamline your operations and maximize your revenue potential.
We ensure efficient instrument utilization and minimize downtime by facilitating prompt billing and reimbursement for your tests and services.
Staying updated with the constantly evolving rules and regulations in the laboratory industry is critical. Our team ensures your compliance at all times.
We help streamline your testing protocols and workflows by providing the latest coding and compliance guidelines.
MEDS First leverages state-of-the-art software and scalable EHR solutions to help you manage and analyze data effectively.
Our process is structured to make your transition to our services seamless and stress-free:
We assess your needs and goals, providing you with a detailed proposal and quote.
A contract is finalized, and an account manager is assigned to ensure smooth communication and execution.
Your data is securely transferred to our platform. We integrate our software with your systems for real-time synchronization.
Coding and Billing: Our team codes and bills your services, submits claims, and follows up diligently.
We provide detailed financial performance reports, offering actionable insights and recommendations.
Our dedicated support team addresses your questions and keeps you informed about industry changes.
MEDS First is committed to eliminating billing headaches so you can focus on pathology.
We accelerate your revenue collection by submitting claims electronically, following up on unpaid claims, and resolving disputes with payers. Additionally, our detailed financial reports give you a clear view of your cash flow, enabling you to make informed decisions for your practice.
Our experienced billing and coding specialists stay ahead of the ever-changing regulations and policies. They provide guidance on best practices and strategies to optimize your processes, ensuring compliance and accuracy.
We maintain the accuracy and completeness of your claims through regular reviews. Our team tracks performance metrics, identifies areas for improvement, and ensures your billing processes remain robust and reliable.
Coding inaccuracies can lead to significant revenue losses. According to the AMA, over 50% of laboratory claims are submitted with incorrect codes. For laboratories, this issue is compounded by the rapid advancement of molecular testing, often outpacing the creation of CPT/PLA codes. Unspecified codes must be supported by accurate descriptions, "Z" codes, and thorough documentation. Inconsistent coding can result in undercharging, overcharging, and post-payment audits.
Daily collection of patient demographics and accession charges is a priority. Data can be submitted via scanning, faxing, or courier services. For clients using a Laboratory Information System (LIS), we enable real-time electronic data transfer through HL7 integration to our practice management system.
Our reimbursement specialists review all client data meticulously. We balance billing uploads and batches, utilizing advanced medical claims processing software to "scrub" claims for errors and omissions. This software performs thousands of checks, including CPT/ICD-10 validations, modifier checks, demographic comparisons, and payer-specific edits. Clean claims ensure faster payments and reduced accounts receivable.
Once claims are reviewed and audited, they are submitted electronically to thousands of payers nationwide. For payers without electronic capabilities, paper claims are generated and mailed. Our clearinghouse performs additional "scrubbing" post-submission, and any errors are promptly corrected.
Payments, whether hard copy or via electronic funds transfer (EFT), are reviewed and posted into our practice management system. Clients have the option to receive payments directly or let MEDS First manage payments on their behalf.
We use payer-specific rules software to detect unpaid or mis-adjudicated claims. Any flagged claims are investigated by our reimbursement specialists, ensuring timely resolution and follow-up.
Only 70% of insurance claims are typically paid. MEDS First’s incentive-based fee structure motivates us to work tirelessly to recover every possible payment. We identify past-due claims, review their history, and actively pursue their resolution.
We customize patient billing profiles and manage all billing functions on behalf of the laboratory. If needed, we assist in setting up payment plans or transitioning balances to third-party collection agencies.
Our revenue cycle management provides real-time visibility into claim statuses and laboratory operations. Our robust reporting engine focuses on increasing your revenue while giving you greater control over your business.
Focus on expanding your laboratory's success, not the complexities of billing management. MEDS First offers a competitive laboratory billing service designed to maximize your collections, ensuring you get paid more and faster.
Our advanced claim submission system meticulously reviews entries to detect billing errors before submission, significantly reducing denial rates. We take a proactive approach by aggressively following up on and appealing denied or misadjudicated claims, boosting your overall revenue.
With MEDS First, you’ll have 100% transparency and control over your claims. You’ll always know where your cash is and how your financial systems are performing.
Leave the complexities of payment collection and reimbursement monitoring to us. By trusting MEDS First with your laboratory billing, you and your team can redirect your efforts toward what truly matters—achieving your goals and driving the growth of your laboratory.
At MEDS First, we are fully dedicated to serving your needs. Every client is paired with a dedicated account executive, ensuring you have a reliable partner who understands the unique dynamics of your business. This personalized approach offers peace of mind, knowing your representative is thoroughly familiar with your operations and objectives.
From the initial implementation process to ongoing performance reviews and updates, our team supports you at every step, ensuring smooth transitions and consistent results.
Additionally, our Lab Intelligence Team stays ahead of industry trends and monitors frequent changes in policies and regulations. This invaluable industry intelligence keeps you informed and compliant, helping you navigate complex policy updates and regulatory requirements with confidence.
With MEDS First by your side, you’ll gain not only personalized support but also the tools and guidance needed to thrive in a rapidly evolving healthcare landscape.