Jun 15, 2015 | Coding, Billing, and Collections, Laboratory Management and Operations, Laboratory Pathology, Laboratory Testing
One Arizona medical laboratory focused on collecting from patients who were overdue on amounts averaging just $40 and, in 18 months, collected $3.2 million! In today’s clinical laboratory marketplace, competency in revenue management is becoming just as important as clinical excellence. Blame it on these multi-year trends: shrinking lab budgets, Medicare price cuts, and payers excluding labs from narrow networks. At the dawn of this decade—just five years ago—few pathologists and clinical lab...
Nov 10, 2014 | Coding, Billing, and Collections, Compliance, Legal, and Malpractice, Laboratory Instruments & Laboratory Equipment, Laboratory Management and Operations, Laboratory Pathology
Progressive pathologists and lab leaders are looking ahead to the day when fee-service reimbursement is replaced by budgeted payment and similar arrangements SAN DIEGO, CALIFORNIA—More than 100 clinical laboratory owners and lab executives gathered here this week for the annual meeting of the California Clinical Laboratory Association (CCLA). Because the medical laboratory testing marketplace in California is often a bellwether for trends that go national, the presentations were timely and of...
Mar 21, 2007 | Laboratory Management and Operations, Laboratory Operations, Laboratory Pathology
To stay at the cutting edge of healthcare IT, Spectrum Laboratory Network is preparing to give client physicians and hospitals access to laboratory test data via several types of wireless connections. To accomplish this, Spectrum announced in January that it would deploy MercuryMD across its affiliated network of hospitals in North Carolina and Tennessee. MercuryMD is a product developed by Thomson Healthcare to provide hospitals and physicians with mobility solutions that improve workflow,...
