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What is TELCOR RCM?

No matter if you function as a standalone reference laboratory, a pathology clinic, an outreach testing facility, or a public health lab, TELCOR RCM billing software provides vital resources to address intricate billing challenges and improve your bottom line. This all-encompassing revenue cycle management system aids in submitting claims, tracking, processing remittances, managing accounts receivable, and handling billing for both patients and clients while supporting multiple NPIs. By utilizing advanced technology, you can minimize the reliance on a large billing team and significantly enhance your revenue cycle's productivity by automating routine tasks like submitting claims and collecting patient data, in addition to producing in-depth financial reports. Furthermore, you can optimize payment processing by automating the handling of electronic payments from payers through 835 ERAs or bank lockbox files, thus removing tedious manual adjudication processes. Enhancing communication regarding billing with patients can also streamline their experience, making payment methods faster and more user-friendly, which ultimately leads to a more efficient revenue cycle. This comprehensive strategy not only boosts operational efficiency but also significantly improves the overall experience for healthcare providers and their patients alike, making it a crucial element in today’s healthcare environment.

What is LigoLab LIS & RCM?

The LigoLab Laboratory Operating Platformâ„¢, which is a robust enterprise-level solution, encompasses various modules such as Accounts Payable (AP), Clinical Pathology (CP), Molecular Diagnostics (MDx), and Revenue Cycle Management (RCM), while also accommodating Direct-to-Consumer services. This versatility enhances the competitive edge of laboratories, enabling them to expand their operations and increase profitability. Within the RCM module, seamless integration with the Laboratory Information System (LIS) facilitates the automation of ICD/CPT coding, initiating the billing process right from the ordering stage and incorporating essential elements like verification, eligibility checks, and claim scrubbing. As a result, this comprehensive approach boosts claim submissions and revenue while significantly reducing the likelihood of claim denials. Additionally, TestDirectly serves as a patient engagement portal that empowers laboratories and collection sites to optimize their workflows related to collection, testing, and reporting. By streamlining these processes, it minimizes friction and the potential for errors associated with manual tasks and paperwork, ultimately enhancing operational efficiency. This advancement in technology not only benefits laboratories but also improves the overall patient experience in managing their health information.

Media

Media

Integrations Supported

Avalon Laboratory System
CGM LABDAQ
Dendi LIS
IAL (InterActive Lab)

Integrations Supported

API Availability

API Availability

Pricing Information

Pricing not provided

Pricing Information

Volume-based pricing model with no large upfront capital investment needed.

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows
Mac

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Telcor

Date Founded

1995

Company Location

United States

Company Website

telcor.com/revenue-cycle-management/discover-telcor-rcm/

Company Facts

Organization Name

LigoLab

Date Founded

2006

Company Location

United States

Company Website

www.ligolab.com

Categories and Features

Medical Lab

Multi-Location Printing
Procedure-Based Billing

Pathology

Not specified

Categories and Features

Lab Automation

Not specified

LIMS

Audit Trail
Data Import / Export
Inventory Management
Lab Instrument Interface
Reporting & Statistics
Sample Tracking
Specification Management
Workflow Management

Medical Lab

Audit Trail
Data Analysis Auditing
Data Security
EMR Interface
Fax Management
Lab Instrument Interface
Multi-Location Printing
Online Instrumentation
Physician Test Panels
Procedure-Based Billing
Sample Tracking

Pathology

Not specified

Revenue Cycle Management

Accounts Receivable
Claims Management
Collections Management
EHR/EMR Integration
For Healthcare
ICD-10 Compliance
Insurance Verification
Medical Billing
Patient Portal
Patient Registration
Patient Scheduling
Payment Processing

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