Health Network Laboratories’ Joseph Cugini presents how to shorten claims submission and increase payer reimbursements
MARINA DEL REY, California—October 7, 2019
|At the 13th Annual Lab Quality Confab for laboratory managers, administrators and pathologists, 4medica® President Gregg Church will inform conference attendees how the 4medica Perfect Order for Perfect Payment™ is the first-to-market solution reinventing lab orders management─by starting with the right, clean patient data. The single platform interfaces to core lab systems to integrate front-end and back-end clinical and revenue cycle workflows and capabilities, facilitating dramatically improved laboratory process management and timely payment delivery.
Supporting this radically new technology approach to standardize and increase lab data, order and payment accuracy are two initiatives:
|Commercial and hospital outreach laboratories face declining reimbursements and a need to increase the certainty of income for services provided. For sustainable growth, labs must focus on the quality and usability of data, increase efficiency in the orders management process and initiate payment discussions with patients upfront.
“When every order is full scrubbed for medical necessity, patient identity, insurance eligibility and pre-authorization when required, a laboratory reaps tremendous cost savings in accessioning and support services,” said Church. “Imperfect data and a succession of data integrity missteps hurt a lab’s financial performance. Every stakeholder must focus on cleaning and validating data earlier in the process to avoid problems downstream.”
|At the Hyatt Regency in Atlanta, Georgia, 4medica exhibits October 15-16 its 4medica Perfect Order for Perfect Payment™ solution and its Big Data Management solutions: 4medica Big Data MPI™, 4medica Big Data Enrichment™ and 4medica Big Data CDR™. The breakout session is 3:00–3:50 p.m. ET on Tuesday, October 15.