Blog
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.
How to Develop a Solid Prior Authorization Strategy For Labs
In the wake of reimbursement complexities, many laboratories grapple with one of the largest growing areas in healthcare – prior authorization. Prior authorization ensures you can monitor and control spending on medications, services, and treatments – making it an essential tool in increasing access and continuity of care.
6 Essential Laboratory Billing Practices for Growing Clinical Labs
Today, more individuals recognize the importance of early disease detection, making them more likely to seek lab tests. However, with an increasing shift toward automated clinical labs and healthcare systems, many laboratories are also being required to step up and evolve to meet new demands.
The Use of Business Intelligence in Healthcare and Why It Matters
Today’s diagnostic environment is fast-paced and demands efficient workflows to prepare all patient samples and data. Laboratories are faced with the critical assignment to ensure they have accurate test results for patients and to capture all Current Procedural Terminology (CPT) codes for services and procedures rendered.
In-House Billing VS. Outsourced Lab Billing Services: Which Is Best For You?
Today’s diagnostic environment is fast-paced and demands efficient workflows to prepare all patient samples and data. Laboratories are faced with the critical assignment to ensure they have accurate test results for patients and to capture all Current Procedural Terminology (CPT) codes for services and procedures rendered.