Laboratory Billing Solutions Revenue and Competitors

Laboratory Billing Solutions (LBS) is a leading revenue cycle company for diagnostic laboratories in the United States. LBS processes millions patient claims a year for a range of hospital-based, anatomic pathology labs, independent commercial and specialty labs, including subsidiaries of two of the four largest laboratory testing companies in the United States. LBS performs billing for labs whose test menus range from routine clinical testing to cutting edge molecular testing and everything in between. LBS was founded in 2004 by laboratory executives and software developers with over eighty years of experience operating some of the most successful hospital-based and independent laboratories in the industry. LBS leverages this experience to bring industry leading workflows and analytic tools to help its partners maintain superior billing capabilities.