Laboratory Billing Software
The TELCOR Billing Information System allows the laboratory to efficiently and effectively control the billing and collection processes required to make an Outreach Program profitable and successful, whether the laboratory functions as a single company or a multi-entity company. It ends compromises often required by billing applications designed for hospitals or private practices vs. an application specifically designed for the billing challenges of laboratory, pathology or molecular specialties. It improves customer satisfaction and business office workflow while providing tools that assist with sales and operational management. All applications of the TELCOR Outreach Information System are designed to optimize workflow. Many functions within the Billing Information System are workqueues where search criteria and assignments to users are eligible features. The laboratory can control billing and get paid for the outreach services they provide.
- Produce a clear picture of where your Outreach Program stands financially
- Grow your business with configurable client pricing and customized invoicing
- Monitor sales performance with territory utilization, revenue and profitability data
- Reduce Days Sales Outstanding (DSO) by eliminating errors prior to billing
- Improve productivity and reduce FTEs with streamlined workflow for billing
- Track utilization changes month-to-month and year-to-year
- Determine the relative risks and opportunities new clients present
- Target problem clients for education about compliance ranking
Who can benefit from using TELCOR's laboratory billing software?
TELCOR's billing system has been developed to allow for a great deal of flexibility. As a result, it is used by hospital outreach laboratories, independent laboratories, pathology practices and molecular laboratories.
"As a newly formed core lab, we needed a Billing Information System that could not only meet our needs today but has the focus, workflow and technology to meet our needs as a core reference lab for the next 10 to 20 years … Many outreach laboratories struggling with billing are compromising by using inpatient billing systems, practice management systems that lack outreach-specific functionality, or outdated systems designed 15 to 25 years ago. The TELCOR Billing application was designed to meet our needs today and has the technology for tomorrow."
--Paul Keoppel
Director of Business & Government Affairs
Intermountain Laboratory Services
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