News, Analysis, Trends, Management Innovations for
Clinical Laboratories and Pathology Groups

Hosted by Robert Michel

News, Analysis, Trends, Management Innovations for
Clinical Laboratories and Pathology Groups

Hosted by Robert Michel
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Clinical Laboratories and Pathology Groups Face Onslaught of Coding, Billing, and Collection Changes in 2015: Webinar to Cover Key Preparations Labs Should Make to Ensure Fair and Accurate Payment in the Coming Year

PRESS RELEASE

 

THE DARK REPORT
21806 Briarcliff Dr.
Spicewood, Texas 78669
512-264-7103 o
512-264-0969 f

 

FOR IMMEDIATE RELEASE

 

Media Contact: Ron Martin
rbmartin@darkreport.com

AUSTIN, Texas (November 21, 2014) — The Medicare program and private health insurers are in the process of changing policies for the year 2015 which will make it even tougher for laboratories to submit claims and be paid on a timely basis. For this reason, it is imperative that clinical laboratory and pathology group leaders and their billing and collections managers prepare themselves with the absolute most up-to-date information about these changes, in order to ensure fair and accurate payment for their labs in 2015.

“It will be a high-stakes game in 2015 because both government and private payers are stacking the deck against clinical labs and pathology groups,” says Robert L. Michel, Editor-in-Chief of The Dark Report. “Across the nation, Medicare carriers and private health insurers are implementing myriad changes in coverage guidelines and reimbursement for both clinical lab tests and anatomic pathology services, in an effort to reduce their costs.

“There will be so many of these changes in how labs must code, bill, and collect during 2015 that, in a sense, the lab testing industry faces ‘financial death by a thousand cuts,’” continued Michel. “This makes it imperative that every lab’s billing and collections manager stay informed and be prepared for these changes.”

In order for labs to get quickly up to speed on the specifics, and to learn how to maximize the money they generate from lab testing in 2015, a special webinar entitled “Essentials for 2015 in Coding, Billing, and Collections for Clinical Labs and Pathology Groups” is being presented on Thursday, December 4, 2014 at 1:00 PM EST. The respected hosts of this web conference, Rina Wolf from XIFIN, Tom Scheanwald from APS Medical Billing, and Michelle Miller from Vachette Pathology, possess decades of combined successful experience in the areas of compliant coding, effective billing, and reimbursement for the clinical laboratory and pathology lab industries. This panel of experts will discuss in detail essential changes coming in both the clinical lab and anatomic pathology billing/coding/collection arenas for 2015.

Just some of the valuable information to be presented during this 90-minute webinar:

  • Which Medicare program changes are likely to have the biggest impact on Medicare billing and collections during 2015
  • The different ways that Medicare carriers will want labs to submit claims during 2015, and how to best meet those requirements to ensure full and timely payment
  • The specific new coding and billing requirements that will change at the nation’s largest health insurance companies during 2015
  • Overlooked secrets to generate a higher proportion of clean claims that payers reimburse at first submission
  • Insights into more requirements for lab test bundling by Medicare’s hospital outpatient prospective payment system (OPPS)
  • Specific changes in how payment for drug testing and pain management services will be handled during 2015

As an extra value-added benefit of this webinar, the end of the session will be opened up for a live Q&A. For more information about “Essentials for 2015 in Coding, Billing, and Collections for Clinical Labs and Pathology Groups” and to view webinar details including presenter biographies and pricing, visit darkdaily.com/BCCWebinar. You may also contact Ron Martin at 512-264-7103.

About THE DARK REPORT

Established in 1995, THE DARK REPORT is the leading source of exclusive business intelligence for laboratory CEOs, COOs, CFOs, Pathologists and Senior industry executives. It is widely read by leaders in laboratory medicine and diagnostics. The Dark Report produces the famous Executive War College on Laboratory and Pathology Management every spring, which showcases innovations by the nation’s and globe’s leading laboratory organizations. Dark Daily is an Internet-based e-briefing intelligence service, read worldwide by thought leaders in laboratory and pathology management. Other well-known conferences conducted by THE DARK REPORT are Lab Quality Confab (on the use of Lean and Six Sigma methods in labs and hospitals) and Molecular Summit (on the integration of in vivo and in vitro diagnostics). THE DARK REPORT co-produces Frontiers in Laboratory Medicine annually in the United Kingdom; Executive Edge bi-annually in Canada; and The Business of Pathology bi-annually in Australia.

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