Lineagen Pediatric Genetic Testing
Practice Life
This early-stage company is a pioneer in genetic testing targeted at early diagnosis of autism in children. The technology is new, and its benefits were not well understood by insurance providers. The company relied on an outsource billing company for reimbursements, but found that claims were outstanding for over one year, and the third-party billing relationship insulated them from crucial in-depth discussions with insurance companies. AdvancedMD brought claims and billing in-house, where days’ sales outstanding dropped to 30-90 days, month-to-month collections increased threefold, and relationships with key insurance providers blossomed through direct discussions and interactions.
Specialty:
Genetic testing for early diagnosis of autism in children
Technology Profile
AdvancedMD comprehensive cloud claims and billing solution, including electronic verification, industry-leading clean-claims submittal, and simple, powerful claims workflow management.
Highlights
The company provides genome testing targeted at early detection of autism in children. Early diagnosis results in more effective treatment and shorter time in treatment, providing significant overall cost savings and improved long-term patient outcomes and quality of life.
