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3 Things to Know When Billing for Genetic and Molecular Testing

3 Things to Know When Billing for Genetic and Molecular Testing

by Alex Mitchell | Mar 5, 2025 | Clinical Laboratory, Denial Management, Billing & CPT Codes, Revenue Cycle Management, Industry Insights

As labs throughout the country continue to explore new revenue streams in the face of seemingly endless annual cuts from CMS and commercial payers, many are adding genetic testing and molecular diagnostics to their test menus. However, due to a patchwork of regional...
Maximizing the Lifespan of Your Laboratory Instrumentation

Maximizing the Lifespan of Your Laboratory Instrumentation

by lighthouselab | Feb 25, 2025 | Lab Operations & Management, Tips for New Lab Owners, Industry Insights

Your laboratory’s instruments play an essential role in your research, but they can also be a source of high costs. After making significant investments to acquire these pieces, your lab may also need to pay significant sums to repair and eventually replace them. This...
Navigating the Licensing and Accreditation Process for a Lab

Navigating the Licensing and Accreditation Process for a Lab

by lighthouselab | Feb 18, 2025 | Lab Operations & Management, Tips for New Lab Owners, Industry Insights, Clinical Laboratory

When a new clinical lab prepares to open its doors, its owners and managers can find themselves focusing on many aspects, such as whether it has the right team members or equipment. However, you should also ensure it achieves licensing and accreditation, as these can...
Managed Care Contracting: How Hospital Labs Can Improve Their Negotiating Approach

Managed Care Contracting: How Hospital Labs Can Improve Their Negotiating Approach

by Alex Mitchell | Feb 12, 2025 | Lab Operations & Management, Revenue Cycle Management, Industry Insights, Clinical Laboratory

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...
Why Understanding Lab Director State Requirements is Crucial for Clinical Labs

Why Understanding Lab Director State Requirements is Crucial for Clinical Labs

by Alex Mitchell | Feb 12, 2025 | Industry Insights, Lab Director News & Updates, Lab Recruiting & Careers, Clinical Laboratory

It’s no secret clinical laboratories and pathology groups are currently experiencing a shortage of qualified candidates to staff their facilities and maintain business as usual. While this environment can be attributed to a multitude of factors ranging from the Great...
Diversity and Inclusion in the Clinical Lab Workforce

Diversity and Inclusion in the Clinical Lab Workforce

by lighthouselab | Jan 28, 2025 | Tips for New Lab Owners, Recruiting Resources and Tips, Industry Insights, Lab Recruiting & Careers, Clinical Laboratory

A clinical laboratory’s workforce plays an essential role in delivering accurate and timely results that guide doctors’ decisions. However, some laboratories overlook the need to engage in diversity and inclusion efforts. Hiring people with different life experiences...
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