Managed Care Contracting: How Hospital Labs Can Improve Their Negotiating Approach
When it comes to managed care contracting, hospital laboratories face an increasingly complex landscape. Navigating these contracts effectively can make the difference between thriving financially and struggling to maintain operations. Understanding key contract...
Exploring Value-Based Care: Insights and Opportunities for Medical Labs
Value-based care represents a transformative shift in healthcare, prioritizing patient outcomes and cost efficiency over the traditional fee-for-service model. But despite its promise, transitioning to value-based care (VBC) is sometimes perceived as a challenge for...
What Is a “CLIA Lab Director” and What Are Their CLIA Requirements?
The Clinical Laboratory Improvement Amendments (CLIA) regulations specify the requirements for becoming a lab director. Rigorous standards ensure labs have qualified directors for high- and moderate-complexity testing. The lab director ensures CLIA compliance in the...
The Benefits of Lab Billing Consulting Services
Effective billing processes are central to the smooth operation of any laboratory. However, laboratory managers face complex challenges daily, with an increasing volume of claims and a matrix of rules that govern healthcare billing. Fortunately, lab billing consulting...