How Do Predictive Data Analytics Help To Tackle Revenue Cycle Challenges?
Are you endeavoring to assure the proficiency and sustainability of your lab practice? How can you leverage predictive analytics to enhance the performance of the revenue cycle? For this, you must have to get familiar with predictive data analytics. With predictive...
Apply These 5 Secret Ways For Managing Prior-Authorization In RCM
Are you facing delays in patient care & inefficient workflows? Prior authorization management is growing heavier day by day due to a huge administrative burden. It has become a cumbersome process filled with manual tasks and roadblocks that dilute the original...
Healthcare Financial Challenges & Significance Of Its Management
What are the critical financial challenges that the healthcare industry is facing nowadays? At this point, the grieving financial situation the industry is going through is unforgettable & was never imagined. No one on this planet can obstruct the disaster from...
4 Tips To Steer Your Lab Through Economic Crisis & Instability
Wake-up call! The recent pandemic and the healthcare reforms are a clear wake-up call for the medical care providers. Which requires making changes in the existing business models to survive and thrive. Just like other businesses, the healthcare industry is still...
5 Definitive Approaches to Skyrocket Your Toxicology Business By Outsourcing
Healthcare business is the most rapidly developing and evolving industry of the modern era. Lab professionals have to ensure excellence in the 360 degrees of their practice to compete with the challenges of the market and make it stand out of the crowd. In an...
Four Reasons Why Customized Billing Can Inspire Your Business Growth
Unfortunately, running a practice means shuffling a million duties, removing ceaselessly valuable time and energy from tending to your patients. Adopting customized solutions can help you tackle a considerable amount of troubles you might be dealing with. These...
Lab Revenue Cycle Management_ A Complete Guide
The core of any billing department is medical billing and claims creation. But, actually, they are only one step in the lab revenue cycle management. Each stage in the revenue cycle adds to your income in numerous ways, and because of the solid associations between...
Pro Tips 101: Align Your Toxicology Labs Cash Flow With Toxicology RCM Solutions
When it comes to the financial management of struggling medical facility cash is considered as the key to business success. But there are ways to optimize revenue, billing, and performance by taking a more structured approach, i.e outsourcing. However, in the...
5 Rationales Why Should You Opt For a Molecular Billing Company
Perhaps the main choices you will have when starting a molecular practice is whether to deal with your medical billing in-house or outsourcing it to a billing company. While some clinical experts may incline toward an additional active methodology that accompanies...
4 Approaches For Toxicology Labs To Cut Back on Revenue Leakage
The root cause of unstable profitability in the lab business is revenue leakage. Any bigger or modest holes in the accounting and operational procedures become a hotspot for leakages. It significantly influences the overall practice operations and effectiveness of...
