Genetic testing is evolving quickly, and one challenge in medical billing is that the codes can’t keep up. Molecular testing is answering more questions and helping doctors make key decisions, but it’s expensive, so insurers are often hesitant to approve it. To succeed in molecular lab billing, you need to know the codes and understand all the required details. Experience with insurers is also valuable. If a claim is denied or rejected, it needs to be appealed, and having a biller who knows how to prove medical necessity greatly improves the chances of getting paid.
Med Billing RES provides specialized billing services for molecular, genetic, and diagnostic laboratories, ensuring claims are accurately coded, submitted promptly, and include all necessary documentation. Our certified medical billing specialists are highly skilled and stay updated on all CPT code changes. With our expertise, we ensure accurate claim submissions on the first try, leading to increased collections on A/R accounts.
Frequent updates in the field make it challenging for in-house billers to keep up with CPT code changes. Sometimes, a single code can apply to multiple genes, while in other cases, an unlisted code is required when the gene isn’t specified. Additionally, MolDX organizations and their coding requirements add another layer of complexity.
All these factors point to one clear solution: outsourcing molecular testing billing. Labs can relieve their staff from managing claims while Med Billing RES’s dedicated billing team ensures claims are paid efficiently.
Mon – Fri
08.00 -18.00
Sat – Sun
09.00 -15.00
Genetic testing is evolving quickly, and one challenge in medical billing is that the codes can’t keep up. Molecular testing is answering more questions and helping doctors make key decisions, but it’s expensive, so insurers are often hesitant to approve it. To succeed in molecular lab billing, you need to know the codes and understand all the required details. Experience with insurers is also valuable. If a claim is denied or rejected, it needs to be appealed, and having a biller who knows how to prove medical necessity greatly improves the chances of getting paid.
Med Billing RES provides specialized billing services for molecular, genetic, and diagnostic laboratories, ensuring claims are accurately coded, submitted promptly, and include all necessary documentation. Our certified medical billing specialists are highly skilled and stay updated on all CPT code changes. With our expertise, we ensure accurate claim submissions on the first try, leading to increased collections on A/R accounts.
Frequent updates in the field make it challenging for in-house billers to keep up with CPT code changes. Sometimes, a single code can apply to multiple genes, while in other cases, an unlisted code is required when the gene isn’t specified.
Stay in the know with news and promotions