Original Air Date: Tuesday, June 4, 12:30 PM — 1:30 PM EDT
Register to View On Demand!
The current environment for laboratory billing is rife with payers and government auditors who are ramping up their efforts to stamp out fraud and noncompliant practices that flourished during the confusion of the pandemic. Additionally, the introduction of new technologies and diagnostic procedures in recent years has only further complicated billing processes, requiring continuous adaptation to stay compliant.
Given these challenges, routine auditing of your billing and revenue cycle processes is crucial for laboratories to ensure reimbursements are flowing consistently. Auditing helps identify and rectify billing errors and improve appeals, all while ensuring your processes are compliant with state and federal regulations. This practice also can help labs assess the impact to their operation in the event of a cyberattack or data breach, similar to what the industry experienced with Change Healthcare.
During this live event, two seasoned laboratory revenue cycle experts and consultants will share their insights on how audits provide actionable data into operational efficiencies and opportunities for improvement, ultimately contributing to the financial health and sustainability of your laboratory.
Speakers:
Mick Raich
Founder
Mick Raich LLC
Ann Lambrix
Vice President of RCM Consulting
Lighthouse Lab Services
Note: You only need to register once to be signed up for all of the June 2024 Lab Institute talks.