Hospital and independent laboratories alike are under increasing pressure from both federal and private payers, making effective revenue cycle management essential. Ensuring that your laboratory compliantly collects every dollar it is owed is not only a financial imperative but also a cornerstone for long-term sustainability. NMG has extensive experience in optimizing revenue cycle operations, helping clients improve cash collections while navigating the challenges of today’s
reimbursement environment. By balancing fiscal, strategic, and operational priorities, NMG positions laboratories to withstand financial uncertainty and build a strong foundation for future success.

Our approach begins with a comprehensive audit of laboratory billing, contracting, and revenue collection workflows. This analysis identifies inefficiencies, gaps, and opportunities for optimization across the entire revenue cycle. NMG provides actionable recommendations and assists in the development and implementation of a tailored revenue cycle plan, ensuring improvements are sustainable and measurable. Whether the focus is on streamlining processes, renegotiating contracts, or maximizing profit through improved collections, NMG delivers the expertise and strategies to strengthen your laboratory’s financial performance.