We are highly regarded by specialty lab service providers
Plutus Health utilizes human expertise and state-of-the-art technology to deliver specialty laboratory billing solutions that improve your bottom line. Our end-to-end revenue cycle management services are customizable to fit the highly specialized requirements of your laboratory
Prior authorization
Takes prior authorization to avoid on-time hustle with patients to ensure you get paid in full and on time.
Eligibility & benefit verification
Checks if the patient is eligible for taking a service and informs about the status before you conduct tests to avoid payment complications.
Denial and AR management
Generate revenue from old AR buckets and prevents new denials from happening to ensure your cash flow is always running smoothly.
Patient collection
Not just payment collection from payers, Plutus Health’s team also helps to provide statements and collect payments from patients.
Plutus Health instantly provides solutions for all your specialty lab billing needs
Conducts regular pre-billing audits to reduce denials
Accurate patient demographic entry and specialty lab billing
Highly scalable and flexible solutions
Provides the highest level of data security
Monitor payments vs. contracted amount
Benefits that specialty lab service providers get
Plutus Health provides revenue cycle management solutions to some of the US's most prosperous hospitals, private practices, clinics, and laboratories. We offer comprehensive revenue cycle services and laboratory billing solutions to anatomic pathology and diagnostic labs around the country, intending to increase the speed and amount they collect. Here's what you can expect with us as your partner:
- Reduced errors and administrative cost
- Increased accuracy and efficiency
- Business intelligence & prompt analytics
- Prominent processing and workflows
- Improved collections
End-To-End RCM services we offer labs:
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Outsource Specialty Lab Billing Services to
Plutus Health
Plutus Health’s specialty lab billing & coding services
for physicians are known for providing results
Turn around time
Specialty lab providers have seen the average turnaround time drop to 48 hours
48Hours
Clean claim percentage
The clean claim percentage of the specialty lab providers has significantly increased by 95%
≥95%
Patient collection
Automatic payment collections rose by 35%
≥35%
Contracted value collection
The average (NCPR) collections have reached whopping 98% reimbursement
≥98%
Denial rates
Brought average denial rates for specialty lab providers below 5%
≤5%
A/R days
A/R (Accounts Receivable) days for all specialty lab providers working with Plutus Health reduced to 25 days
25 Days
What makes Plutus Health unique in its offerings?
Plutus Health focuses on getting you paid for every claim submitted. Our team of professionals works on removing all the roadblocks in your revenue flow. We thoroughly work on your RCM processes and ensure that all the claims are submitted clean. Plutus Health is a result-driven organization and works closely with your team without hampering your workflow, giving you the best outcomes.
20+ years of experience
Specialty-lab certified coders
Integration with all EHR systems
> 1.5 billion value of successful transactions
> 4.1 million transactions
60+ RCM bots in service
Our happy clients
We are delighted with the tech-enabled RCM solutions we received from the Plutus Health team. They are always keen to provide the best possible solutions to all our problems. Partnering with Plutus Health helped streamline our specialty lab billing and coding services.
