The Cost of Cybersecurity Failures in Healthcare: Lessons from the Ascension Breach
The healthcare industry continues to face an increasing number of cybersecurity threats, and the fallout from these breaches can extend far beyond immediate downtime. The Ascension cyberattack in May 2024 serves as a stark reminder of just how vulnerable healthcare...
Utilizing Billing Data to Bolster Healthcare Payer Contract Negotiations
Have you ever wondered how healthcare providers navigate complex payer contracts to maximize their revenue while adapting to this ever-changing industry? A recent scenario encountered by our RCM Solutions team highlights the importance of having quick access to...
Examining Common Denial Reasons for Drug Screenings
Presumptive drug testing screens for drug presence, while definitive testing identifies specific drugs and concentrations. Both aid in patient care and treatment decisions. In the world of healthcare, efficient revenue cycle management (RCM) is crucial for...
Effectively Managing Timely Filing Denials
Issues Identified: During a client’s quarterly billing audit, Lighthouse RCM Solutions identified a claim that was denied for timely filing and adjusted off as uncollectible. Background: Timely filing is the contracted timeframe in which a claim must be...
Lighthouse Acquires MJB Lab Consulting, Expanding Medical Leadership Services