Industry Insights
Articles, News & Press Releases
We’ve consolidated the company and clinical lab industry insights in one, easy-to-search location. You will find them all here, right at your fingertips.
Industry Insight Articles
Solutions for Sustaining Clinical Pathology Revenue Amidst Challenges
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...
Steps for Mitigating Timely Filing Denials on Laboratory Claims
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...
Unpacking the New NCCI Billing Edit Impacting Drug Testing
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 G0659...
6 Strategies to Boost Medical Laboratory Retention and Morale
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...
2023 Wage and Morale Survey of Medical Laboratory Professionals
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...
Cuts for Labs, Pathology again proposed for 2024 Medicare Fee Schedule
The 2024 Medicare Physician Fee Schedule Proposed Rule released July 13 is already generating pushback from lab and pathology advocates, such at the College of American Pathologists (CAP), who contend these services and the physicians who provide them cannot sustain...
Incorrect Modifier Use Ties Up $200K in Lab Reimbursements
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...
NY State Lab Directors May Oversee 5 Facilities Under New Rules
Lab Directors and assistant directors can now oversee up to five labs within or outside New York after the state recently approved a number of amendments to regulations regarding laboratory oversight. Additionally, requirements for a part-time director's onsite...
Update on COLA Enforcement of Clinical Consultant Qualifications
Update: This post was updated on July 17, 2023, to include additional information and clarifications surrounding COLA enforcement of Clinical Consultant qualifications following a conversation with COLA representatives. By: Tara Luellen, Vice President of Lab Director...
News & Press Releases
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.