Case Study: National Laboratory Group Recovers $5.82M and Boosts Collections 514% with Advantum Health

National Laboratory Group recovers $5.82M in five months with Advantum Health

A national laboratory group faced a significant revenue cycle challenge with a $54 million accounts receivable backlog and a collections operation that could not keep pace with its lab volume. The organization engaged Advantum Health for a comprehensive revenue cycle recovery service to address systemic issues, including millions in claims blocked by provider enrollment gaps and an aging AR portfolio.

Advantum Health implemented a full rebuild of the laboratory's collections engine, which included a comprehensive audit, prioritizing high-value claims, and remediating enrollment and billing workflows. As a result, Advantum recovered $5.82 million in five months, grew monthly collections by 514%, and identified and closed over $4.5 million in provider enrollment gaps, transforming the backlog back into working capital.