The majority of clinical laboratories and pathology groups rely on stand- alone laboratory information systems for both operations and testing (LIS) and lab revenue cycle management (RCM). High denial rates and sizable write-offs have long been part of this siloed implementation. Now, downward market trends and shrinking margins are forcing pathology, clinical, and reference labs to consider changing the way they approach LIS & RCM functionality or face an onerous future in this White Paper, we will examine how most laboratories handle lab billing, along with the pitfalls associated with this conventional approach.

Join for free to read