Top 10 Laboratory Billing Companies in the US for 2026
Top 10 Laboratory Billing Companies in the US for 2026

Top 10 Laboratory Billing Companies in the US for 2026

Top 10 Laboratory Billing Companies in the US for 2026

The top laboratory billing companies in the US for 2026 are iSolve RCM for physician office labs and small independent labs, XiFin for high-volume molecular and genetic testing and TELCOR and Quadax for labs that want lab-specific software with an outsourced billing team behind it. Advanced Data Systems, Coronis Health, PGM Billing, TransLabs and CureMD round out the list, and Lighthouse Lab Services is the pick when you need an outside audit or payer contracting help rather than a new biller.

Choosing well matters more this year than last. Congress blocked Medicare Clinical Laboratory Fee Schedule (CLFS) cuts for 2026, but under current law, reductions of up to 15% a year can resume in 2027, based on private payer data that labs reported between May 1 and July 31, 2026, as the College of American Pathologists and ADLM have summarized. A lab billing partner that misses those rules, or the lab-specific coding behind them, costs more than its fee.

This guide compares ten lab billing companies on the things lab directors actually ask about: lab-specific coding depth, the billing model, fit by lab type and proof you can check. It also covers how lab billing works, the rules that trip up general billers and the questions to ask before you sign.

Top Laboratory Billing Companies Ranked

RankCompanyModelBest ForVerified Fact
1iSolve RCMOutsourced billing servicePhysician office labs and small independent labsPublished pricing from 2.99% of monthly collections
2XiFinLab RCM platform plus managed billingHigh-volume molecular, genetic and ancillary labsRanked #1 by Black Book for outpatient lab RCM seven years in a row
3TELCORLab billing software plus billing serviceOutreach and independent labs that may bring billing in-house laterLincoln, NE; lab RCM software since 1995
4QuadaxSoftware, clearinghouse and outsourced billingLabs and pathology groups that want clearinghouse controlFounded 1973; lab and pathology billing services
5Advanced Data Systems (ADS)Billing service plus softwareLabs that bill NGS, molecular and toxicology alongside clinical testingLab billing team covering NGS, genetic, molecular, pathology and toxicology
6Coronis HealthOutsourced RCM with automationLabs inside larger multi-specialty organizationsLab division with Ai4AR automation for laboratories
7PGM BillingBilling service plus lab billing softwareIndependent labs that want their own software and a teamLyndhurst, NJ; molecular, clinical, pathology and toxicology billing
8TransLabsLab-only billing serviceLabs that want a vendor with no physician billingBills only for laboratories (company statement)
9CureMDEHR and practice management plus billingPractices that want lab billing inside one software ecosystemOffers dedicated laboratory billing services
10Lighthouse Lab ServicesBilling audit and consultingLabs that need an outside audit, fee schedule review or payer contractingFree fee schedule review; billing RFP support

What Do Laboratory Billing Companies Do?

A laboratory billing company manages the revenue cycle for lab testing: it registers each requisition, verifies coverage, codes every test, sends clean claims to the right payer, posts payments, works denials and follows up on unpaid accounts. Lab medical billing is different from physician billing because one requisition can carry dozens of test codes, each with its own coverage rules, unit limits and documentation requirements.

Laboratory Billing Companies Workflow

The laboratory billing process

  1. Requisition intake: capture patient demographics, insurance, ordering provider and diagnosis codes from the order.
  2. Eligibility and benefits: confirm coverage before or as the specimen arrives, using insurance eligibility verification.
  3. Coding: assign CPT, HCPCS and ICD-10-CM codes, plus modifiers and any test identifiers the payer requires.
  4. Claim scrubbing: check payer edits, unit limits and medical necessity rules before submission.
  5. Submission: send professional claims on the 837P and hospital outreach claims on the 837I.
  6. Payment posting: reconcile remittances against expected payment for each test.
  7. Denials and appeals: work every denial back to its cause through denial management.
  8. Patient and client billing: bill patient balances and, where state law allows, client accounts.

Why Lab Billing Is Different From Physician Billing

General billing teams often struggle with lab claims because the rules are lab-specific. These are the laboratory billing guidelines a lab billing company should handle without being told.

RuleWhat It Means for Lab Claims
CLIA certificateMedicare lab claims must carry the lab’s CLIA number, and labs with a certificate of waiver report waived tests with modifier QW.
Clinical Laboratory Fee ScheduleMedicare pays most clinical lab tests from the CLFS, generally with no deductible or coinsurance for the patient.
PAMA rate settingCLFS rates come from private payer rates that applicable labs report to CMS.
MolDX and Z-codesIn MolDX jurisdictions, many molecular tests need a DEX Z-code identifier on the claim to be paid.
Drug testing codesPresumptive drug tests use CPT 80305 to 80307; Medicare pays definitive testing with HCPCS G0480 to G0483.
Medicare 14-day ruleDecides whether the hospital or the performing lab bills certain tests on specimens from hospital patients.
Medically unlikely edits (MUEs)Daily unit limits per code; a frequent cause of lab denials on multi-unit tests.
Lab NCDs and ABNsNational coverage determinations set diagnosis and frequency limits for common lab tests; an Advance Beneficiary Notice is needed when Medicare is likely to deny.
Hospital outreach billingOutreach labs bill on the UB-04 with laboratory revenue codes such as 0300 and 0301.
Direct billing lawsSome states require labs to bill the patient or payer directly rather than the ordering physician.

What Changes for Lab Reimbursement in 2026 and 2027

The Consolidated Appropriations Act, 2026 held Medicare CLFS rates at 0% reduction for 2026 and moved the PAMA data collection period to January 1 to June 30, 2025. Applicable labs reported that private payer data from May 1 to July 31, 2026, and CMS will use it to set CLFS rates starting in 2027. Under current law, cuts of up to 15% a year may resume in 2027 and run through 2029, affecting roughly 800 tests, according to the CAP summary.

Laboratory billing reimbursment timeline.

Laboratory groups continue to push the RESULTS Act, which would change how Medicare collects market data and hold CLFS rates steady while a new system is built, as ADLM reported in August 2026. Until something passes, labs should plan for lower Medicare lab reimbursement in 2027 and choose a billing partner that tracks these changes code by code.

How We Ranked These Lab Billing Companies

iSolve RCM, the medical billing company that publishes this guide, ranks itself first. That is a conflict of interest, so here is how the list was built. We scored each company on six criteria and used only facts that each company or an independent source publishes. Where we could not verify a performance claim, we left it out.

CriterionWeightWhat We Looked For
Lab-specific coding depth25%Molecular, toxicology, pathology and clinical lab coding, MolDX and drug testing rules
Denial and A/R performance20%A clear process for lab denials and aging accounts, with reporting by payer and code
Fit by lab type15%Match to POLs, independent, outreach, molecular, toxicology or pathology labs
Billing model15%Full service, software alone or software plus a billing team, and how easily a lab can switch
Pricing transparency15%Published pricing or a clearly explained model
Independent proof10%Third-party rankings, certifications or verifiable history

iSolve ranks first because these criteria reward full-service billing at a published price for the labs most likely to read this guide: physician office labs and smaller independent labs. High-volume molecular and genetic labs should weigh XiFin, TELCOR and Quadax more heavily.

The 10 Best Laboratory Billing Companies in the US

iSolve RCM is a medical billing and revenue cycle management company headquartered in Edison, New Jersey. It handles the full revenue cycle for practices and labs: eligibility verification, coding, claim submission, denial management, A/R follow-up and payer credentialing.

For a practice running its own lab, the advantage is one team for everything. Lab claims, professional claims and payer credentialing sit with the same billing team, so a CLIA or enrollment problem is caught before it turns into a stack of denied lab claims. Pricing is published, starting as low as 2.99% of monthly collections.

Best for: Physician office labs, multi-site clinics with in-house testing and small independent labs that want lab billing handled with the rest of their revenue cycle at a known price.

Keep in mind: iSolve is a full-service billing company, and also have dedicated team of lab-only specialist.

XiFin, headquartered in San Diego, California, builds revenue cycle software for diagnostic providers and also runs billing as a managed service. It was ranked the #1 client-rated RCM partner for outpatient laboratory services for the seventh consecutive year in Black Book’s 2025 RCM Outsourcing Survey.

Its Empower RCM platform uses AI and automation for claims, denials and appeals, which suits labs processing large claim volumes and complex molecular test menus.

Best for: Large molecular, genetic and ancillary labs that want an AI-enabled platform, with or without XiFin running the billing.

Keep in mind: XiFin is built for scale. Small labs may find the platform more than they need, and should ask how much hands-on support comes with the service tier they choose.

TELCOR, based in Lincoln, Nebraska and founded in 1995, makes revenue cycle software built for laboratories and hospital outreach programs. Since 2017, it has also run TELCOR Revenue Cycle Services, a lab-specific billing service that uses the same software its in-house customers use.

That design gives labs a rare option: outsource billing now and move it in-house later without changing systems.

Best for: Outreach and independent labs that want lab-specific software and the option to bring billing in-house later.

Keep in mind: TELCOR’s strength is software. Labs that only want a fully hands-off service should compare the depth of its service team with full-service billers.

Quadax, founded in 1973 and based in the Cleveland area of Ohio, offers laboratory and pathology revenue cycle solutions as software, outsourced billing services or both, built around its own clearinghouse platform.

Labs can keep billing in-house on Quadax software, outsource it to Quadax’s lab billing team or mix the two.

Best for: Labs and pathology groups that want clearinghouse-level control and flexible delivery options.

Keep in mind: Quadax serves hospitals, DME companies and other segments too. Ask which team will work your account and its experience with your test mix.

Advanced Data Systems offers laboratory billing services through a team that covers NGS, genetic, molecular, clinical, pathology, toxicology and esoteric laboratory billing, alongside its own billing software.

That breadth suits labs whose menu mixes routine clinical tests with higher-complexity specialty testing.

Best for: Labs with a mixed menu of clinical and specialty tests that want software and service from one vendor.

Keep in mind: ADS also serves many non-lab specialties. Ask for lab-specific denial and A/R results.

Coronis Health runs a dedicated laboratory billing and RCM practice that uses its Ai4AR automation for laboratory accounts receivable and says former lab leaders help design client strategy.

It also covers molecular diagnostics coding through its specialty lab billing services.

Best for: Labs that are part of larger healthcare organizations already using outsourced RCM across several specialties.

Keep in mind: Coronis is a multi-specialty RCM company. Ask for references from labs with a test mix like yours.

7. PGM Billing: Best for Independent Labs That Want Their Own Software

PGM Billing, based in Lyndhurst, New Jersey, offers laboratory revenue cycle management along with its own lab billing software, analytics and LIS integration. It covers molecular, clinical, pathology and toxicology lab billing.

Best for: Independent labs that want a billing team plus software and analytics they can see themselves.

Keep in mind: Parts of PGM’s toxicology content still describe Medicare’s 2016 drug testing codes, so confirm the team is working from current CPT 80305 to 80307 and G0480 to G0483 rules.

TransLabs, based in Texas, describes itself as a billing company that works only with laboratories, covering molecular, toxicology, pathology and specialty testing.

For labs that have had a bad experience with a general medical biller, a vendor with no physician billing can be appealing.

Best for: Independent and specialty labs that want a vendor focused only on laboratory billing.

Keep in mind: TransLabs’ published clean claim and denial rates are its own figures. Ask for payer-level results and references from labs your size.

CureMD, based in New York, combines EHR and practice management software with laboratory billing services.

That suits practices and labs that want ordering, results and billing inside one vendor’s system.

Best for: Practices and small labs that want lab billing inside an EHR and practice management system they already use or plan to adopt.

Keep in mind: Switching costs are higher when billing is tied to the same software. Confirm how data and claims move if you change vendors later.

Lighthouse Lab Services is a laboratory consulting firm that offers billing audits and consulting for independent labs, hospital outreach labs, esoteric labs and pathology practices. It reviews fee schedules for free, checks charge capture at the CPT level and helps labs run billing RFPs.

It also offers payer strategy services, including network enrollment and Medicaid contracting.

Best for: Labs that want an outside audit of their current biller, help choosing a new one or support getting in network with payers.

Keep in mind: Lighthouse is primarily a consulting firm. Labs that need a team to work claims every day should pair it with a billing company rather than replace one.

Which Lab Billing Company Fits Your Lab?

Your LabStart With
Physician office lab or small independent labiSolve RCM, CureMD
Multi-site clinics or ambulatory care groups with in-house testingiSolve RCM, Coronis Health
High-volume molecular or genetic labXiFin, TELCOR
Toxicology labADS, PGM Billing, TransLabs
Hospital outreach labTELCOR, Quadax
Lab that wants strong analytics and AI automationXiFin, Coronis Health
Lab that may bring billing in-house laterTELCOR, Quadax
Lab that needs an audit or payer contractsLighthouse Lab Services

Outsourced Lab Billing vs In-House

Outsourced lab billing makes sense when your volume is growing faster than your billing team, when specialty tests are denying at a high rate or when nobody in-house has time to track CLFS, MolDX and payer policy changes. Keeping billing in-house makes sense when you already have experienced lab billers and want full control, often on lab-specific software such as TELCOR or Quadax.

Pricing ModelHow It WorksWhat to Watch
Percentage of collectionsA share of what is collected, common for full-service lab billingConfirm which services are included, such as appeals and patient billing
Per claim or per requisitionA flat fee for each claim processedRewards volume, not results; watch for fees on rebilled claims
Software subscriptionThe lab pays for software and bills in-houseStaffing and training costs sit with the lab
HybridSoftware plus a vendor billing teamClarify who owns each task, especially denials

Is Your Lab Leaving Money on the Table?

iSolve RCM can review your lab’s denials, A/R and payer mix and show you where claims are being lost. Start with a medical billing audit.  

Request a Free Lab Billing Review

Questions to Ask a Lab Billing Company Before You Sign

QuestionA Strong Answer Includes
How many labs like ours do you bill for?References with a similar test mix and volume
How do you handle MolDX Z-codes, drug testing codes and MUEs?Specific workflows, not general promises
What are your denial and A/R results for labs?Lab-specific numbers by payer, not one blended rate
How do you connect to our LIS?A named interface method and an implementation timeline
Who tracks CLFS and PAMA changes?A named owner and a process for updating fee schedules
How do you bill patients and clients?Compliance with state direct billing rules and clear patient statements
What happens if we leave?Data ownership and a written transition process

How to Find a List of Independent Clinical Laboratories in the US

If you are looking for a list of independent clinical diagnostic laboratories rather than a billing company, the official source is the CMS CLIA Laboratory Lookup on QCOR. It lists every active CLIA-certified lab with its CLIA number, address, certificate type and expiration date, and it is updated weekly. To build a list of independent labs, use the QCOR active CLIA laboratories report and filter by the laboratory type “Independent.” CMS also publishes a laboratory registry of labs with sanctions, exclusions or revoked certificates, which is worth checking before you partner with a reference lab.

Why Labs and Practices Choose iSolve RCM

iSolve RCM handles lab billing as part of a complete revenue cycle: eligibility before testing, coding and claim scrubbing, denial management, A/R follow-up and the payer credentialing that keeps a lab in network. For practices with in-house labs, that means one team and one report for every claim the practice sends.

Frequently Asked Questions

What is the best laboratory billing company in the US?

It depends on your lab. iSolve RCM ranks first for physician office labs and small independent labs because it offers full-service billing at a published price. XiFin leads for high volume molecular and genetic labs, and TELCOR and Quadax fit labs that want lab-specific software with a billing team behind it.

What do lab billing services include?

Lab billing services usually include requisition intake, eligibility verification, coding, claim scrubbing, claim submission, payment posting, denial management, appeals, A/R follow-up and patient billing. Many also handle payer credentialing and fee schedule reviews.

How much do laboratory billing companies charge?

Most full service lab billing companies charge a percentage of collections, while others charge per claim or sell software for in-house billing. Rates depend on volume, test mix and services included. iSolve RCM, for example, starts at 2.99% of monthly collections.

Will Medicare lab payments drop in 2027?

They may. Congress blocked CLFS cuts for 2026, but under current law reductions of up to 15% a year can resume in 2027 through 2029, using private payer data labs reported in 2026. Proposed legislation such as the RESULTS Act would change that if passed.

Do lab claims need a CLIA number?

Yes. Medicare lab claims must include the CLIA number of the lab that performed the test, and waived tests billed under a certificate of waiver need modifier QW. Missing or mismatched CLIA information is a common cause of lab denials.

What is MolDX and why does it matter for lab billing?

MolDX is a Medicare program that sets coverage and coding rules for molecular diagnostic tests in its jurisdictions. Labs billing in those jurisdictions usually need a DEX Z-code identifier on the claim for many molecular tests, or the claim will deny.

Should a lab outsource billing or keep it in house?

Outsource when volume is growing, specialty tests deny often or nobody in-house can track lab-specific rules. Keep billing in-house when you already have experienced lab billers and want full control, usually on lab-specific billing software.

Where can I find a list of independent clinical laboratories in the US?

Use the CMS CLIA Laboratory Lookup on QCOR, which lists every active CLIA-certified laboratory. The active CLIA laboratories report can be filtered by laboratory type, including independent labs.