Rhode Island Chronicle

Coronis Health Acquires Laboratory Billing Company from Portsmouth, NH

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Coronis Health Acquires Laboratory Billing Company from Portsmouth, NH

November 24
18:24 2021

Coronis Health is pleased to announce the acquisition of Laboratory Billing Solutions, INC (LBS), a full-service revenue cycle management and billing enterprise for independent and hospital-based laboratories. LBS shares many of Coronis Health’s core values, including the importance of providing comprehensive billing solutions under one roof. With this new alliance, LBS further solidifies Coronis Health’s dominating presence in the medical billing industry.

Broadening Our Horizons

Coronis Health and Laboratory Billing Solutions are thrilled to embark in this new cooperation, which supports Coronis Health’s commitment to provide effective, data-driven billing solutions while maintaining personalized, high-touch service for their laboratory clients.

“With the acquisition of Laboratory Billing Solutions, Coronis Health is expanding its reach in the medical billing industry. LBS’ unrivalled expertise in laboratory billing will diversify the services we offer to our clients and support our dedication to consistent growth.” – Stephen Grubbs, CEO

“LBS is excited to bring Coronis Health’s scale and resources to our business to enhance our product offering and service capabilities. LBS has experienced tremendous growth servicing some of the larger and more complex laboratories in the country, and with Coronis’ support and expertise, we feel we can more effectively advance the revenue cycle capabilities of the lab industry.” – Tom Hirsch, LBS Co-Founder

Founded by successful laboratory executives and software developers with more than 80 years of professional experience, Laboratory Billing Solutions is a leader in providing highly scalable and efficient revenue cycle management and billing solutions to hospital-based, specialty, and independent laboratories since 2004.

About Coronis Health

Coronis Health offers the best-of-the-best solutions and technology in revenue cycle management. With a team of experts who combined have 100+ years of experience in their fields, Coronis serves niche clients across the healthcare industry using the latest technology and billing processes. Coronis is dedicated to continued growth, in part through the acquisition of companies with similar values that can expand Coronis’s services. As Coronis Health has grown its resources, the company has maintained the feel of a small business, keeping a personalized touch with each client. Coronis staff members are thought-leaders who create tailored solutions for clients, no matter how large or small their practices are. Coronis Health provides data-driven, action-focused plans that help medical practices grow revenue so doctors can remain independent and concentrate on caring for their patients.

About Laboratory Billing Solutions

Laboratory Billing Solutions (LBS) processes millions of patient claims per year for some of the largest and most well-known hospital-based, independent, and specialty laboratories in the United States. LBS offers a fully integrated revenue cycle service that delivers industry-leading outcomes in service and collections to diagnostic and anatomic pathology laboratories. Offering both full-service and supported billing solutions, LBS provides a tailored service experience that leverages highly effective workflows and analytics to bring a premier revenue cycle capability to the laboratory industry.

Media Contact
Company Name: Coronis Health
Contact Person: Risa Goldman Luksa
Email: Send Email
Phone: (443) 516-8725
Address:5963 Exchange Dr Ste. 114
City: Sykesville
State: MD, 21784
Country: United States
Website: https://www.coronishealth.com/