Blog
Diagnostic Errors and Medical Laboratories: Why You Should Outsource Your RCM
On average, patients receive 5.7 laboratory requests in their first week in the hospital. That’s because clinical lab testing is an integral...
Reducing Lab Billing Errors with Accurate Patient Information Management
We all know that errors can happen, but should we just shrug them off, especially in laboratory billing? No. Because even small mistakes can delay...
Handling Out-of-Network Billing for Labs: A Key Aspect of RCM Success
Medical laboratory tests are the highest-volume healthcare service nationwide, with more than 14 billion tests analyzed annually. However, when...
Strengthen Your Lab Billing with Key Performance Indicators (KPIs)
Is your medical lab practice successful at claiming payments from insured patients? Are you using the correct codes to avoid denials and ensure...
How Missing Timely Filing Deadlines Impact Your Lab’s Success
After Change Healthcare’s data breach this year, the healthcare industry was struck by a simple issue where doctors can stand to lose millions of...
4 Medical Lab Billing Challenges and Strategies for Success
Medical laboratory billing plays a crucial role in the healthcare system, but about 15-20% of medical claims are initially denied due to errors,...
Can Labs Survive? The Impact of Reimbursement Changes in Medical Lab Billing
There’s growing concern about how both small and large-scale laboratories fail to keep up with new payment models and reimbursement policies. As...
Using Data-Driven Decision-Making for Laboratory Success
A marked change in approach is needed in healthcare, especially in clinical decision-making. Poor clinical decision-making has plagued the sector,...
Overcoming Lab Compliance Issues: A Closer Look
Each year, over 14 billion lab tests are ordered by healthcare providers. As the demand for tests increases, healthcare compliance is paramount to...
Strengthening Patient Relationships Through Clear Lab Billing
Lab billing can often stress patients out. Waiting for results already causes anxiety, and unexpected costs and billing problems can make their worries even worse. This shows why clear lab billing is crucial in healthcare—it helps build strong patient relationships by ensuring satisfaction and clear communication about finances.