Blogs | Page 2 of 3 | Acrev Solutions

A Guide to Claims Denial Management

Denial Management is a key strategy when running a laboratory. Unfortunately, denied claims play a big role in why your laboratory could lose revenue and reduce cash flow. Not only are denied claims becoming more of a problem, but many fail to appeal these claims. On average, 35% of claims aren’t appealed, and this statistic […]

How Billing+ Can Increase Patient Collection Rates

Many of our clients expressed how much billing can be a drain on company morale, resources, and takes away from focusing on efficiently running their laboratories. With years of experience regarding the laboratory billing industry, we have perfected cost-effective solutions to ensure your patients’ bills are paid promptly. Here at Acrev Solutions we offer Billing+, […]

The Importance of Payment Posting in Medical Billing

Payment posting is a way to rectify the information by viewing payments and financial pictures of bills. Payment posting is helpful in many ways as it correlates the payments and personal details with insurances and EOBs. Now, payment posting is done by uploading the payment and financial details on a payment posting software or billing […]

Genetic Laboratories at Risk of Revenue Loss!

As genetic testing is becoming more and more popular, genetic laboratories are starting to face added problems. Genetic laboratories are the greatest at risk for revenue loss when compared to other laboratories such as Molecular, Toxicology and Infectious Disease laboratories. At Acrev Solutions we understand the challenges genetic laboratories face and that’s why our team […]

LIMS Integration with Acrev Solutions

The medical industry is constantly evolving. To stay relevant and be a well-performing laboratory, you must change and evolve with it. One of the best ways to continue improving and advancing your laboratory is making the switch to using LIMS Integration. Not only will implementing LIMS integration directly enhance your lab’s daily efficiency, but LIMS […]

Optimizing Your Accounts Receivable

Having a successful accounts receivable management system is often overlooked by business owners that are opting for low-cost solutions instead. Improving your accounts receivable management strategy will positively impact marketing, sales, customer service, and operations- increasing your overall return on investment. Here is why you should devote your time to accounts receivable management: Benefits Your […]

Flexible and Cost Effective Billing Services with Billing+

With Acrev Solutions Billing+ service, everything is bundled together and properly managed rather than purchasing services separately or a-la-cart. Below are details about what is included with Billing+ so that we can offer a solution to any need a laboratory may have. LIMS Integration There are many benefits in choosing LIMS Integration and outsourcing billing […]

Improving Patient’s Billing Experience

Many medical practices attempt to do their own medical billing, only to find that it takes time away from engaging with their patients. Not only does this decrease patient interaction, but it also puts added stress on medical staff by relying on them for in-house billing and coding. Luckily, there is an easy solution to […]

How Outsourcing Your Laboratory Billing Can Streamline Operations

While working in a laboratory, practitioners have the amazing opportunity to perform and discover groundbreaking advancements in clinical laboratories. Unfortunately, these laboratories are often overwhelmed and weighed down with an inefficient laboratory billing process. In that case, the laboratory falls behind others because the practitioners are tasked with tedious paperwork and billing maintenance rather than […]