Are you prepared for the onslaught of coding, billing, and collection changes coming in 2015 relative to how labs bill Medicare and private health insurers? Every lab that wants to do better at filing clean claims and getting faster payment must be prepared for these changes!
“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.”
Here’s just some of what you’ll learn during this information-packed 90-minute webinar:
Learn which Medicare program changes are likely to have the biggest impact on your Medicare billing and collections during 2015Understand the different ways that Medicare carriers will want your lab to submit claims during 2015, and how to best meet those requirements to ensure full and timely payment to your labKnow the specific new coding and billing requirements that will change at the nation’s largest health insurance companies during 2015Benefits of training your lab’s coding/billing/collections team in advance of January 1, 2015, to handle lab test claims in ways that meet the new Medicare and private payer requirementsDiscover overlooked secrets to generate a higher proportion of clean claims that payers reimburse at first submissionHow to reduce the average number of days that your lab’s claims go unpaid because your lab billing team is prepared for the changing requirements that take effect in 2015Gain insights into more requirements for lab test bundling by Medicare’s hospital outpatient prospective payment system (OPPS)Hear about specific changes in how payment for drug testing and pain management services will be handled during 2015
Plus a live Q&A session to provide answers to your most pressing questions, and much more
Your faculty for the webinar has 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. They’ll examine coming changes in Medicare, including the new final rules for the 2015 Medicare Physician fee update just published, as well as what is happening with private health insurers, ranging from UnitedHealthcare and Humana, to Blue Cross and Cigna, to name just a few.
Hear first from the clinical lab side, where we will tap the expertise of Rina Wolf from XIFIN. Rina is a nationally recognized expert in the field of laboratory reimbursement, and XIFIN is one of the nation’s largest companies providing revenue management and billing/collection services to labs.
Next, for anatomic pathology practices we’ll draw on the insights of Tom Scheanwald from APS Medical Billing, and Michelle Miller from Vachette Pathology. Both Tom and Michelle possess vast experience in the fields of compliant coding and effective billing for the pathology lab industry.
What better or more timely forum for you to prepare your lab leadership and your billing/collection managers with the absolute most up-to-date information about how the Medicare program and private health insurers will change policies in 2015 — policies that will make it even tougher for labs to submit claims and be paid on a timely basis.
Vice President, Commercialization Strategies, Consulting & Industry Affairs