by Chandler Mathis | Dec 1, 2022 | Blogs, Managed Lab Services
The clinical laboratory space has expanded greatly in the wake of COVID-19, and the interest in starting and owning laboratories continues to grow as an influential investment in the healthcare field. Forming a lab comes with numerous key decisions to make in order to...
by Chandler Mathis | Oct 24, 2022 | Blogs, Lab RCM
The patients’ role in the laboratory billing cycle is the final but most crucial step in recovering reimbursement. Regardless of how advanced workflows are or how large testing volume is monthly, a laboratory’s billing success is ultimately measured by the...
by Chandler Mathis | Sep 21, 2022 | Blogs, Lab RCM
The coronavirus pandemic led to an unprecedented demand for diagnostic laboratory testing to determine, through PCR testing, whether an individual has the virus. Startup labs formed all over the country to meet the demand, and many relied on these tests as their main,...
by Chandler Mathis | Aug 25, 2022 | Blogs, Lab RCM
Laboratory medical billing falls under the umbrella of healthcare specialties that traditional medical billing companies advertise to serve. However, the laboratory billing cycle is unique and can be complex in the process of recovering compensation, unlike other...
by Chandler Mathis | Aug 9, 2022 | Blogs, Lab RCM
A clinical laboratory’s success is dependent upon the transparency of its financial performance in common, but critical, laboratory billing metrics. Without an idea of the facility’s performance in terms of billing and collections, labs can quickly experience huge...
