White Papers

Medical insurance denials in healthcare continue to be a major problem, and clinical and pathology labs have been hit particularly hard by the pandemic, increased expenses, reduced reimbursements/margins, and constantly changing payer rules. Add to this a growing population of uninsured and underinsured patients and it's easy to see why lab managers are struggling to make ends meet, and why they are in desperate need of a better billing solution.

Although, indeed, some denials are simply part of the cost of doing business, in most cases they can be avoided thanks to billing and coding automation that removes the potential for human error and ensures that a lab's hard-earned revenue is no longer left on the table.

This White Paper focuses on how a modern laboratory revenue cycle management (RCM) system based on rules and automation can produce error-free billing and greatly increase laboratory revenue.