Blog Posts by Date: Dec 2020


The Path to Touchless Insurance and Address Error Resolution

Enjoy the following content from our partner, Waveland Technologies. For the last few years, there has been a lot written and talked about on the topic of touchless claims. At its core, this topic is all about automation ― it starts with data accuracy in an effort to be more efficient, and reduce rework and costs. The net result, of course, is...

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Connecting and Automating Diagnostic Revenue Cycle Management: Eligibility Verification Speeds Reimbursement, Drives Revenue, and Reduces Operating Cost

When laboratories and other diagnostic providers use multiple disconnected systems to manage the complexity of diagnostic claim billing and revenue cycle management (RCM), this often leads to errors, rework, and other inefficiencies, ultimately driving higher operating costs. Diagnostic providers sometimes attempt to connect or “bolt-on”...

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Labs’ Critical Role in the Patient Care Journey and the Many Challenges to Keep up with COVID Testing Volumes

Enjoy the following content from our partner, FrontRunnerHC. For many years, labs — both independent labs and within hospitals — have worked behind the scenes, quietly playing a critical role in the patient care journey. In fact, the lab is often one of the first crucial steps in that journey, providing information to help keep us, or potentially...

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XIFIN Advanced Analytics Help Lab Leaders Gain More Insight from Complex RCM Data: BI Essentials

To effectively manage complex laboratory business decisions and optimize outcomes, diagnostic leaders must be able to precisely measure results and easily compare them to internal goals and industry benchmarks. Executives, finance leaders, billing, revenue cycle management (RCM) directors, and other departmental managers need operational and...

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The Power of Revenue Cycle Management

Laboratories, pathology practices, molecular diagnostics, outreach programs and remote patient monitoring organizations all have financial pressures. Whether it is a competitive landscape, lower reimbursement rates, changing payor policies, fee schedule changes or rising denials and appeals, it's more important than ever to have a robust billing...

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