{"id":11010,"date":"2020-04-17T09:55:31","date_gmt":"2020-04-17T04:25:31","guid":{"rendered":"https:\/\/www.medicalbillersandcoders.com\/blog\/?p=11010"},"modified":"2023-05-11T12:12:19","modified_gmt":"2023-05-11T12:12:19","slug":"tracking-key-metrics-for-laboratories-and-diagnostic-providers","status":"publish","type":"post","link":"https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/","title":{"rendered":"Tracking Key Metrics for Laboratories and Diagnostic Providers"},"content":{"rendered":"<p style=\"text-align: justify;\">Tracking key metrics like clean claim and write-off rates is key to laboratories and <a href=\"https:\/\/goo.gl\/5Xx2d3\">diagnostic providers maximizing revenue<\/a>. Submitting clean claims is one of the most important ways that a diagnostic organization can ensure payment in a timely manner from both private and government insurance payers. Receiving the maximum reimbursement the first time a claim is submitted is crucial to achieving desired operating margins.<\/p>\n<h2 style=\"text-align: left;\">Clean Claim<\/h2>\n<p style=\"text-align: justify;\">How diagnostic providers define a clean claim varies significantly. Some consider claims clean even when they have no apparent errors on the front end even though they may ultimately result in <a href=\"https:\/\/www.medicalbillersandcoders.com\/revenue-management-services.aspx?DivId=denial-management-appeals\">denials<\/a> in the back end. In its simplest form, a clean claim should be defined as one that has no errors or omissions and can be processed without additional information or verification of information by a human, third-party service, or automation.<\/p>\n<h3 style=\"text-align: left;\">A clean claim contains all of the following correct information:<\/h3>\n<ul style=\"text-align: justify;\">\n<li style=\"text-align: left;\">Each procedure code has a supporting diagnosis code that is not expired or a deleted code<\/li>\n<li style=\"text-align: left;\">There are no potential issues or questions regarding medical necessity<\/li>\n<li style=\"text-align: left;\">The patient\u2019s coverage was in effect on the date of service<\/li>\n<li style=\"text-align: left;\">The patient\u2019s insurance covers the service provided<\/li>\n<li style=\"text-align: left;\">The claim submission includes all the required patient information such as full name, mailing address, and date of birth<\/li>\n<li style=\"text-align: left;\">The claim identifies the payer, including the correct payer identification number, group number, and mailing address<\/li>\n<li style=\"text-align: left;\">All required claim information is in the correct field<\/li>\n<li style=\"text-align: left;\">The claim is submitted within the timely filing window<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">To measure how a diagnostic organization is performing when it comes to RCM, an important metric to track over time is the \u201cclean claim rate.\u201d This measure quantifies the rate at which insurance claims have been successfully processed and reimbursed the first time they were submitted. This means it contained no errors, rejection, or need for manual input of additional information.<\/p>\n<h4 style=\"text-align: left;\">To achieve a high clean claim rate, organizations have traditionally had to work claims manually to:<\/h4>\n<ul style=\"text-align: justify;\">\n<li style=\"text-align: left;\">Retrieve missing patient information<\/li>\n<li style=\"text-align: left;\">Correct errors or information in the wrong fields<\/li>\n<li style=\"text-align: left;\">Validate insurance eligibility<\/li>\n<li style=\"text-align: left;\">Follow up with physician offices for supporting information.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\">Submitting clean claims means the claim spends less time in accounts receivable, less time at the payer, and the laboratory or other diagnostic provider gets paid faster. Experts across the industry agree that a clean claim rate should exceed 90 percent. However, based on an recent analysis performed, specific to laboratory claims, approximately 35 percent of all diagnostic procedures have errors that need correction before they can be reimbursed. The study also found that 12 percent to 20 percent of all requisitions lack a payer-specific ICD-10 or other information resulting in partial or full claim denial.\u00a0 Many organizations choose to write off these uncollected claims rather than incur the labor costs associated with achieving a clean claim.<\/p>\n<h2 style=\"text-align: left;\">Write-off Rate<\/h2>\n<p style=\"text-align: justify;\">Another critical measure of a diagnostic organization\u2019s revenue cycle performance is its \u201cwrite-off rate.\u201d Write-offs happen when the amount collected for a claim is lower than the contracted pay rate. Under current accounting rules, the amount of those discrepancies should be recorded as bad debt, thus reducing revenue by the unpaid amount. Consequently, these organizations saw a falsely low bad debt rate, and failed to identify potentially recoverable revenue. Relegating under- and non-payments to contractual allowance is not only against current accounting rules, but it also erases the opportunity to attempt recovery. So while no organization enjoys a higher bad debt rate, the good news here is that correctly identifying these amounts as (potentially recoverable) bad debt, rather than contractual allowance, enables a laboratory to take steps to recover this otherwise lost revenue.<\/p>\n<p style=\"text-align: justify;\">It is clear that a low level of clean claims directly contributes to higher write-off rates and, thus, lower revenue, profit, and margin. It is a challenge for labs and other diagnostic providers to be promptly reimbursed if they lack accurate patient data. Too often, labs write off balances if they don&#8217;t have all of the information needed to get the claim paid, especially if it is a low-value claim. This can be particularly impactful for laboratories associated with hospitals and health systems. More laboratory claims tend to be written off in these cases because the average value of each claim is quite low when compared to other hospital- or health system-related claims<\/p>\n<p style=\"text-align: justify;\">Only by maximizing the clean claims rate and minimizing the write-off rate can a laboratory or other diagnostic provider maximize revenue. A goal of zero percent write-offs is not practical, however. For some very small claims or unpaid balances, the effort to reclaim the reimbursement outweighs the value of the outstanding balance. With assistance from billing company <a href=\"https:\/\/www.medicalbillersandcoders.com\/\"><strong>Medical Billers and Coders (MBC)<\/strong> <\/a>will help laboratories and other diagnostic providers cost-effectively maximize clean claims and minimize write-offs. This is one of the very best ways to thrive in today\u2019s challenging healthcare landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tracking key metrics like clean claim and write-off rates is key to laboratories and diagnostic providers maximizing revenue. Submitting clean claims is one of the most important ways that a diagnostic organization can ensure payment in a timely manner from both private and government insurance payers. Receiving the maximum reimbursement the first time a claim [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":11011,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[746,921,922,80,747,359,737,738,46,47,750,751,15,417,162,724,9,11,64,16,339,146,192,753,150,754,418,144,815,816,939,904,58,34,27,785,940,763],"class_list":["post-11010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-medical-billing-services","tag-billing-services-for-doctors","tag-coronavirus","tag-covid-19","tag-cpt-codes","tag-cpthcpcs","tag-dme-billing-services","tag-e-m-codes","tag-e-m-services","tag-ehr","tag-emr-ehr-health-it","tag-general-surgery-billing","tag-hcpcs-code","tag-medical-billing","tag-medical-billing-agencies","tag-medical-billing-and-coding-services","tag-medical-billing-audit","tag-medical-billing-companies","tag-medical-billing-outsourcing","tag-medical-billing-practices","tag-medical-billing-service","tag-medical-coding-audits","tag-medicare-2","tag-medicare-medicaid-services","tag-medicare-billing","tag-medicare-claims","tag-modifier","tag-online-medical-billing","tag-outsource-medical-billing","tag-outsourced-medical-billing-company","tag-outsourced-medical-billing-services","tag-patient-collection","tag-prior-authorization","tag-rcm","tag-reimbursement","tag-revenue-cycle-management-2","tag-telehealth","tag-telehealth-coverage","tag-wound-care-billing-services"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Tracking Key Metrics for Laboratories and Diagnostic Providers<\/title>\n<meta name=\"description\" content=\"Tracking key metrics like clean claim and write-off rates is key to laboratories and diagnostic providers maximizing revenue.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tracking Key Metrics for Laboratories and Diagnostic Providers\" \/>\n<meta property=\"og:description\" content=\"Tracking key metrics like clean claim and write-off rates is key to laboratories and diagnostic providers maximizing revenue.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/\" \/>\n<meta property=\"og:site_name\" content=\"Medical Billing and RCM Blogs\" \/>\n<meta property=\"article:published_time\" content=\"2020-04-17T04:25:31+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-05-11T12:12:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-content\/uploads\/blog-Tracking-Key-Metrics-for-Laboratories-and-Diagnostic-Providers.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"748\" \/>\n\t<meta property=\"og:image:height\" content=\"280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Medical Billers and Coders\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Medical Billers and Coders\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":[\"Article\",\"BlogPosting\"],\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\\\/\"},\"author\":{\"name\":\"Medical Billers and Coders\",\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/#\\\/schema\\\/person\\\/76d3509f0e1252992227e858251f1a8b\"},\"headline\":\"Tracking Key Metrics for Laboratories and Diagnostic Providers\",\"datePublished\":\"2020-04-17T04:25:31+00:00\",\"dateModified\":\"2023-05-11T12:12:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\\\/\"},\"wordCount\":810,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/wp-content\\\/uploads\\\/blog-Tracking-Key-Metrics-for-Laboratories-and-Diagnostic-Providers.jpg\",\"keywords\":[\"billing services for doctors\",\"Coronavirus\",\"COVID\u201319\",\"CPT codes\",\"CPT\\\/HCPCS\",\"DME billing services\",\"E\\\/M Codes\",\"E\\\/M services\",\"EHR\",\"EMR \\\/ EHR \\\/ Health IT\",\"General Surgery Billing\",\"HCPCS Code\",\"Medical Billing\",\"medical billing Agencies\",\"medical billing and coding services\",\"medical billing audit\",\"medical billing companies\",\"medical billing outsourcing\",\"medical billing practices\",\"medical billing service\",\"medical coding audits\",\"medicare\",\"Medicare &amp; Medicaid Services\",\"Medicare Billing\",\"medicare claims\",\"Modifier\",\"online medical billing\",\"outsource Medical Billing\",\"outsourced medical billing company\",\"outsourced medical billing services\",\"patient collection\",\"Prior Authorization\",\"RCM\",\"Reimbursement\",\"revenue cycle management\",\"Telehealth\",\"Telehealth Coverage\",\"wound care billing services\"],\"articleSection\":[\"Medical Billing Services\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\\\/#respond\"]}],\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\\\/\",\"url\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\\\/\",\"name\":\"Tracking Key Metrics for Laboratories and Diagnostic Providers\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/wp-content\\\/uploads\\\/blog-Tracking-Key-Metrics-for-Laboratories-and-Diagnostic-Providers.jpg\",\"datePublished\":\"2020-04-17T04:25:31+00:00\",\"dateModified\":\"2023-05-11T12:12:19+00:00\",\"description\":\"Tracking key metrics like clean claim and write-off rates is key to laboratories and diagnostic providers maximizing revenue.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/wp-content\\\/uploads\\\/blog-Tracking-Key-Metrics-for-Laboratories-and-Diagnostic-Providers.jpg\",\"contentUrl\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/wp-content\\\/uploads\\\/blog-Tracking-Key-Metrics-for-Laboratories-and-Diagnostic-Providers.jpg\",\"width\":748,\"height\":280,\"caption\":\"Tracking Key Metrics for Laboratories and Diagnostic Providers\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Tracking Key Metrics for Laboratories and Diagnostic Providers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/\",\"name\":\"Medical Billing and RCM Blogs\",\"description\":\"Medical Billing and Coding Services in USA\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/#organization\"},\"alternateName\":\"MBC\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Organization\",\"Place\",\"ProfessionalService\"],\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/#organization\",\"name\":\"Medical Billers and Coders\",\"alternateName\":\"MBC\",\"url\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/MBC-Square-Logo.png\",\"contentUrl\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/wp-content\\\/uploads\\\/2025\\\/04\\\/MBC-Square-Logo.png\",\"width\":512,\"height\":512,\"caption\":\"Medical Billers and Coders\"},\"image\":{\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"telephone\":[\"888-357-3226\"],\"contactPoint\":{\"@type\":\"ContactPoint\",\"telephone\":\"888-357-3226\",\"email\":\"info@medicalbillersandcoders.com\"},\"email\":\"sales@medicalbillersandcoders.com\",\"faxNumber\":\"888-316-4566\",\"currenciesAccepted\":\"$\",\"openingHoursSpecification\":[{\"@type\":\"OpeningHoursSpecification\",\"dayOfWeek\":[\"Monday\",\"Tuesday\",\"Wednesday\",\"Thursday\",\"Friday\"],\"opens\":\"08:00\",\"closes\":\"17:00\"},{\"@type\":\"OpeningHoursSpecification\",\"dayOfWeek\":[\"Saturday\",\"Sunday\"],\"opens\":\"00:00\",\"closes\":\"00:00\"}]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.medicalbillersandcoders.com\\\/blog\\\/#\\\/schema\\\/person\\\/76d3509f0e1252992227e858251f1a8b\",\"name\":\"Medical Billers and Coders\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3041c51926983b0f25500c647fc6164a5c96abebfa441f7f348298f70b360628?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3041c51926983b0f25500c647fc6164a5c96abebfa441f7f348298f70b360628?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/3041c51926983b0f25500c647fc6164a5c96abebfa441f7f348298f70b360628?s=96&d=mm&r=g\",\"caption\":\"Medical Billers and Coders\"},\"description\":\"Catering to more than 40 specialties, Medical Billers and Coders (MBC) is proficient in handling services that range from revenue cycle management to ICD-10 testing solutions. The main goal of our organization is to assist physicians looking for billers and coders, at the same time help billing specialists looking for jobs, reach the right place.\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Tracking Key Metrics for Laboratories and Diagnostic Providers","description":"Tracking key metrics like clean claim and write-off rates is key to laboratories and diagnostic providers maximizing revenue.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/","og_locale":"en_US","og_type":"article","og_title":"Tracking Key Metrics for Laboratories and Diagnostic Providers","og_description":"Tracking key metrics like clean claim and write-off rates is key to laboratories and diagnostic providers maximizing revenue.","og_url":"https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/","og_site_name":"Medical Billing and RCM Blogs","article_published_time":"2020-04-17T04:25:31+00:00","article_modified_time":"2023-05-11T12:12:19+00:00","og_image":[{"width":748,"height":280,"url":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-content\/uploads\/blog-Tracking-Key-Metrics-for-Laboratories-and-Diagnostic-Providers.jpg","type":"image\/jpeg"}],"author":"Medical Billers and Coders","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Medical Billers and Coders","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":["Article","BlogPosting"],"@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/#article","isPartOf":{"@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/"},"author":{"name":"Medical Billers and Coders","@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/#\/schema\/person\/76d3509f0e1252992227e858251f1a8b"},"headline":"Tracking Key Metrics for Laboratories and Diagnostic Providers","datePublished":"2020-04-17T04:25:31+00:00","dateModified":"2023-05-11T12:12:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/"},"wordCount":810,"commentCount":0,"publisher":{"@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/#primaryimage"},"thumbnailUrl":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-content\/uploads\/blog-Tracking-Key-Metrics-for-Laboratories-and-Diagnostic-Providers.jpg","keywords":["billing services for doctors","Coronavirus","COVID\u201319","CPT codes","CPT\/HCPCS","DME billing services","E\/M Codes","E\/M services","EHR","EMR \/ EHR \/ Health IT","General Surgery Billing","HCPCS Code","Medical Billing","medical billing Agencies","medical billing and coding services","medical billing audit","medical billing companies","medical billing outsourcing","medical billing practices","medical billing service","medical coding audits","medicare","Medicare &amp; Medicaid Services","Medicare Billing","medicare claims","Modifier","online medical billing","outsource Medical Billing","outsourced medical billing company","outsourced medical billing services","patient collection","Prior Authorization","RCM","Reimbursement","revenue cycle management","Telehealth","Telehealth Coverage","wound care billing services"],"articleSection":["Medical Billing Services"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/#respond"]}],"copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/","url":"https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/","name":"Tracking Key Metrics for Laboratories and Diagnostic Providers","isPartOf":{"@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/#primaryimage"},"image":{"@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/#primaryimage"},"thumbnailUrl":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-content\/uploads\/blog-Tracking-Key-Metrics-for-Laboratories-and-Diagnostic-Providers.jpg","datePublished":"2020-04-17T04:25:31+00:00","dateModified":"2023-05-11T12:12:19+00:00","description":"Tracking key metrics like clean claim and write-off rates is key to laboratories and diagnostic providers maximizing revenue.","breadcrumb":{"@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/#primaryimage","url":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-content\/uploads\/blog-Tracking-Key-Metrics-for-Laboratories-and-Diagnostic-Providers.jpg","contentUrl":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-content\/uploads\/blog-Tracking-Key-Metrics-for-Laboratories-and-Diagnostic-Providers.jpg","width":748,"height":280,"caption":"Tracking Key Metrics for Laboratories and Diagnostic Providers"},{"@type":"BreadcrumbList","@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/tracking-key-metrics-for-laboratories-and-diagnostic-providers\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.medicalbillersandcoders.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Tracking Key Metrics for Laboratories and Diagnostic Providers"}]},{"@type":"WebSite","@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/#website","url":"https:\/\/www.medicalbillersandcoders.com\/blog\/","name":"Medical Billing and RCM Blogs","description":"Medical Billing and Coding Services in USA","publisher":{"@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/#organization"},"alternateName":"MBC","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.medicalbillersandcoders.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Organization","Place","ProfessionalService"],"@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/#organization","name":"Medical Billers and Coders","alternateName":"MBC","url":"https:\/\/www.medicalbillersandcoders.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-content\/uploads\/2025\/04\/MBC-Square-Logo.png","contentUrl":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-content\/uploads\/2025\/04\/MBC-Square-Logo.png","width":512,"height":512,"caption":"Medical Billers and Coders"},"image":{"@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/#\/schema\/logo\/image\/"},"telephone":["888-357-3226"],"contactPoint":{"@type":"ContactPoint","telephone":"888-357-3226","email":"info@medicalbillersandcoders.com"},"email":"sales@medicalbillersandcoders.com","faxNumber":"888-316-4566","currenciesAccepted":"$","openingHoursSpecification":[{"@type":"OpeningHoursSpecification","dayOfWeek":["Monday","Tuesday","Wednesday","Thursday","Friday"],"opens":"08:00","closes":"17:00"},{"@type":"OpeningHoursSpecification","dayOfWeek":["Saturday","Sunday"],"opens":"00:00","closes":"00:00"}]},{"@type":"Person","@id":"https:\/\/www.medicalbillersandcoders.com\/blog\/#\/schema\/person\/76d3509f0e1252992227e858251f1a8b","name":"Medical Billers and Coders","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/3041c51926983b0f25500c647fc6164a5c96abebfa441f7f348298f70b360628?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/3041c51926983b0f25500c647fc6164a5c96abebfa441f7f348298f70b360628?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3041c51926983b0f25500c647fc6164a5c96abebfa441f7f348298f70b360628?s=96&d=mm&r=g","caption":"Medical Billers and Coders"},"description":"Catering to more than 40 specialties, Medical Billers and Coders (MBC) is proficient in handling services that range from revenue cycle management to ICD-10 testing solutions. The main goal of our organization is to assist physicians looking for billers and coders, at the same time help billing specialists looking for jobs, reach the right place."}]}},"_links":{"self":[{"href":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-json\/wp\/v2\/posts\/11010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-json\/wp\/v2\/comments?post=11010"}],"version-history":[{"count":5,"href":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-json\/wp\/v2\/posts\/11010\/revisions"}],"predecessor-version":[{"id":11016,"href":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-json\/wp\/v2\/posts\/11010\/revisions\/11016"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-json\/wp\/v2\/media\/11011"}],"wp:attachment":[{"href":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-json\/wp\/v2\/media?parent=11010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-json\/wp\/v2\/categories?post=11010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.medicalbillersandcoders.com\/blog\/wp-json\/wp\/v2\/tags?post=11010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}