Patient Access Antidote: How Labs Can Retain More Revenue

Patients’ financial liability in paying for healthcare services is almost unrecognizable from that prior to the early 2000s; yet many organizations, including clinical laboratories, have struggled to modernize their collection practices in turn. As a result of this mismatch, labs risk not just losing out on uncollected revenue, but also wasting time and resources on futile or minimally effective back-end collection efforts.

Reversing the problem is possible, however, by implementing the right best practices and revenue cycle management technologies. In particular, maximizing patient access early in the revenue cycle can help patients manage their financial responsibility and preempt many unnecessary denials, payment delays, and uncollected balances.

In this Dark Daily white paper – Patient Access Antidote: Retaining More Revenue with Front-End Solutions – take a deeper dive into the consumer trends having an impact on revenue cycle management, best practices in patient access management, and the expert-recommended tools and solutions that clinical laboratories can employ to respond.

We are also presenting on Patient Access topics at the 24th Annual Executive War College. If you are attending, don’t miss these opportunities to learn new strategies to help your lab sustain financial stability and growth. {Quadax is proud to be a Benefactor Sponsor of this annual conference.}


Tuesday, April 30 | 8:30 a.m. Brean Bark
Director, Product Development 
Missy Tubbs
Senior Product Manager
Patient Responsibility & Payer Pre Billing Requirement Impacting Your Bottom Line?
Engage Physicians and Patients with Patient Access Solutions & Analytics To Improve Revenue.

Wednesday, May 1 | 7:30 a.m. Walt Williams
Director of Revenue Optimization
and Strategy
Are Your Patients Now Your Payers? New Tools Empowering Your Lab to Collect More Money, Faster, and at Less Cost.

 


 

At Quadax we take on your billing needs so you can do more to improve the delivery of value-based care and transform patient outcomes. Explore our revenue cycle optimization solutions to expedite payment, maximize reimbursement, and enhance visibility into your business. Get in touch with our RCO team and discover how we can help you create areas of opportunity to achieve the best possible revenue outcome.

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