By: Dyana Williams, Client Engagement Manager, LLS RCM Solutions For hospital-based pathology groups, mastering the complex revenue cycle management processes surrounding the capture and billing of Professional Component of Clinical Laboratory (PCCP) services is...
In the ongoing deployment of our RCM Spotlight denial management tool for our clients, a recurring trend has emerged: Timely filing consistently ranks among the top five denial reasons for both independent and hospital-based laboratories. Timely filing denials are a...
On July 1, 2023, the Centers for Medicare and Medicaid Services (“CMS”) implemented a new National Correct Coding Initiative (“NCCI”) Procedure-to-Procedure (“PTP”) edit for codes 80305, 80306, and 80307 for presumptive drug test(s), and codes G0480-G0483, and...
For medical laboratories, attracting and retaining top talent is essential for providing quality patient care and achieving organizational success. Employee turnover, especially due to retirements and the aging workforce, has become one of the most significant hurdles...
The results of Lighthouse Lab Services’ second annual wage and morale survey of Medical Laboratory Professionals show a slight improvement in the overall workplace satisfaction levels of the majority of respondents. However, despite these modest positive gains, most...
Our latest denial spotlight uncovers how RCM Spotlight, a powerful, AI-assisted tool for revenue cycle and denial management, optimized billing processes for one of our independent lab clients to unlock nearly $200,000 in reimbursement opportunities for previously...
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