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A LigoLab Presentation: How to Increase Total Laboratory Billing Revenue Without Adding Operating Costs
February 3, 2025
An automated, integrated, comprehensive, and flexible LIS laboratory information system software platform. These words best describe the LigoLab LIS & RCM Laboratory Informatics Platform, the best LIS software and laboratory revenue cycle management (lab RCM, lab billing) solution because it connects every department and lab process on one united pathology lab reporting software infrastructure, removing data silos and ensuring end-to-end data integrity for the complete lifecycle of all laboratory and financial operations.
Learn More: Best LIS Software - Maximize Growth With Cutting-Edge Pathology Lab Management Software
Highlighting LigoLab’s Laboratory Information System Functions
The LigoLab all-in-one medical LIS and laboratory billing solutions platform includes fully customizable and powerful modules for anatomic pathology (LIS pathology), clinical laboratory (LIS healthcare), molecular diagnostics (molecular LIS), lab revenue cycle management (lab RCM), and direct-to-consumer lab testing (TestDirectly and TestDirectly.com), plus all the supporting engines and modules required to run a modern and successful independent lab operation.
Here’s a quick look at the comprehensive suite of LIS system functions and laboratory workflow management features designed for quickly scaling laboratory operations and profitability across various disciplines.
Anatomic Pathology LIS Module
- Surgical Pathology
- Non-Gynecological Cytology
- Gynecological Cytology
- Autopsy Management
- Consultative Reporting
- Grossing Touchscreen Interface
- Electronic Histology
- Synoptic Reporting
Clinical Laboratory LIS Healthcare Module
- Hematology
- Microbiology
- Biochemistry
- Toxicology
- Serology
- Genomics
- Molecular Diagnostics
- Quality Control
Lab Information System Supporting Engines
- Workflow Designer
- Interface Engine
- Reporting and Distribution
- Rules and Automation
- Voice Dictation and Control
Lab Information System Supporting Modules
- Outreach Management
- Document Management
- Specimen Handling
- Business Intelligence
- Send out Tracking
- Customer Relationship Management
- Digital Pathology
- Direct-to-Consumer Lab Testing Portal
Lab Revenue Cycle Management Module
- Clean Claim Policy Enforcement
- Automated CPT/ICD Coding
- Eligibility and Prior Authorization Verification
- Integrated Payment Gateway
- Automated Patient Statements
- MIPS Support
These integrated functions and features aim to streamline clinical laboratory workflow, enhance operational efficiency, and support comprehensive data (lab info) management.Moreover, the LigoLab platform is internet-enabled, which means it can be hosted on a local server or the cloud and runs on all operating systems.
Learn More: Detailing LigoLab’s Laboratory Information System Cloud Readiness Plan
The LigoLab platform effectively modernizes and digitizes clinical labs and pathology groups by automating laboratory workflow management and eliminating human errors. The platform drives business growth, sharply reduces labor costs, and increases lab billing revenue for organizations of all sizes.
On-Demand Webinar: How Lab Information System Standardization and Enhanced Reporting Capabilities Improve Pathology Lab Management and Overall Business Operations
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Why LigoLab Offers the Best LIS Software for Modernizing Lab Operations
Lab partners using LigoLab’s fully integrated LIS system software platform gain a big advantage over the competition because combining medical LIS and lab RCM cycle workflow into one source of truth backed by the most advanced automation results in the laboratory billing cycle starting as the test order originates rather than after the final diagnosis has been entered.
As one might imagine, this lab workflow translates into many more claims accepted on the first pass, faster payment turnaround, and optimized cash collection, all accomplished without the expensive, time-consuming, and labor-intensive processing of claims and resubmissions manually.
Fully Integrated Medical LIS + Lab RCM Informatics Platform
Unlike traditional laboratory information systems, LigoLab seamlessly integrates the LIS system module and lab revenue cycle management module into one cohesive ecosystem. This ensures real-time laboratory billing automation, clean claims submission, and reduced revenue leakage - all important for labs looking to streamline operations and finances.
White Paper: The Connected Laboratory: Leveraging Medical LIS & Lab RCM Workflow to Grow Your Business
End-to-End Workflow LIS System + Lab RCM Automation
- Specimen Tracking & Chain of Custody: End-to-end specimen tracking from order entry to final reporting.
- Rules-Based Automation: Customizable automation rules optimize workflows, reduce errors, and improve efficiency.
- Quality Control and Compliance: Built-in QC measures ensure regulatory compliance (CLIA, CAP, HIPAA).
Learn More: A Detailed Look at How Modern Laboratory Information Systems Fully Support Quality Control
Ready to learn more?
The following blog post highlights the advantages of uniting laboratory information systems with advanced laboratory billing solutions on unified pathology lab software platforms.
Learn More: LIS System and Lab Billing Data are Interdependent So Why not Integrate Both into ONE Powerful Informatics Platform?
Choosing the Best LIS Software Starts with LigoLab
LigoLab is a leading provider of innovative and end-to-end LIS healthcare/LIS system software solutions.
In Latin, Ligo means “to unite or to connect,” something LigoLab flawlessly does for its 300+ laboratory clients nationwide, providing them with the best LIS software and laboratory billing solutions that automate processes, eliminate human errors, drive efficiency, and help lab organizations become more profitable.
Learn More: Navigating the Future of Pathology Lab Software: The LigoLab Advantage
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A Better Way to Collect, Process, and Report Direct-to-Consumer Lab Testing Results
For those unaware the TestDirectly direct-to-consumer lab testing portal works with all LIS laboratory information system software to quickly substitute paper forms and manual processes with a highly efficient digital workflow that addresses the order entry bottleneck and reduces data entry errors, boosting capacity and improving turnaround times.
TestDirectly (TestDirectly.com) is a dynamic portal that supports all direct-to-consumer lab testing workflow (such as drive-through, walk-up, concierge, and at-home testing). The convenient application streamlines patient data collection, consumer lab report delivery, follow-up, and lab billing operations.
With TestDirectly, labs can do what they do best and handle the testing while the portal takes care of the patient’s experience.
Learn More: Highlighting the Versatility of the TestDirectly Direct-to-Consumer Lab Testing Portal
Aligned Pricing and How It Benefits All Medical Labs
If you’re still not sold on LigoLab’s value proposition, please consider that the all-in-one medical LIS and lab billing platform also features a tiered pricing LIS model tailored to accommodate all types, sizes, and complexities of clinical laboratories and pathology groups.
This novel approach is uncommon among leading laboratory information system vendors because it firstly recognizes that each lab business has distinct needs, workflows, and growth objectives, and second how a generic laboratory information system software solution will fail to provide the optimal value lab leaders seek.
Learn More: LigoLab Informatics Platform: LIS Software Uniquely Designed to Deliver Maximum Value
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