Experts blame insurance regulators for not ensuring the adequacy of healthcare networks that include hospital-based physicians, such as pathologists and radiologists According to a recent study, clinical laboratories, anatomic pathologists, radiologists, and anesthesiologists top the list of providers who bill patients for the difference between what they charge for their services and a hospital’s contracted reimbursement rates. …

Patient Access Management may be an effective solution! Consumer demand and federal requirements for price transparency affect how clinical laboratories and anatomic pathology groups meet patient expectations while navigating complex payer agreements. Regardless of a clinical laboratory’s payer mix and RCM system, the demand for greater price transparency impacts laboratory medical billing services just as it does other healthcare services. Addressing …

The ever-changing world of testing and laboratory billing has generated numerous questions in the minds of laboratory practice owners regarding the various aspects of testing. There may be some important questions for you to consider like- • Should you outsource billing or coding, or both? • Do you really want to deal with the hassles …

Too often, we witness hospital and individual healthcare providers expecting outpatient laboratory facilities to use the same revenue cycle management (RCM) module that they use and that is part of the EHR software. While the providers may believe the conventional RCM system to be the most cost-effective, it fails to take into account the specific …

Laboratory owners want an efficient laboratory revenue cycle management system, a system that would not only aid in business operations but also contribute to the overall business development. A streamlined approach, right from obtaining orders, processing them quickly and initiating the reimbursement process ensures the practice remains profitable. Medical laboratories see a number of patients …

Clinical laboratories face a complex environment for billing and reimbursement, especially with the always new molecular and genetic tests introduced on a regular basis. Bikham has over 13 years of experience coding and billing for the laboratory medical billing services. Our knowledgeable team of clinical lab billers deals with these complexities daily, staying up-to-date with …

Laboratories have seen a high influx of patients over the last few years. Toxicology and radiology laboratories particularly. With state of the art tools at hand providing accurate diagnosis you require someone equally adept to handle the various administrative duties and various back-end processes. For choosing to neglect those is choosing to incur revenue losses. …