For Laboratories Archives

Examine COVID Claims to Find RCM Weaknesses in Your Lab

Posted on January 8, 2021January 8, 2021

As the virus continues to spread and testing volumes increase, high claim volumes can exacerbate existing billing issues. Studying COVID denials and payments can help you recognize operational inefficiencies that are hurting revenue.

Laboratory News Brief – December 2020

Posted on December 18, 2020December 18, 2020

Keeping you in the know on the constantly changing world of medical billing and reimbursement, Quadax compiles industry news and articles covering important revenue cycle topics impacting the lab industry.

New CMS Rule Attempts to Alleviate the Prior Authorization Burden

Posted on December 15, 2020December 16, 2020

Proposed rule aims to improve data sharing and interoperability by streamlining prior authorization

New COVID-19 Testing Price Transparency Requirements Effective Immediately

Posted on November 20, 2020November 20, 2020

Increasing healthcare price transparency is a strategic objective of CMS, which has finalized rules regulating providers of COVID-19 tests.

Laboratory News Brief – November 2020

Posted on November 18, 2020November 18, 2020

Keeping you in the know on the constantly changing world of medical billing and reimbursement, Quadax compiles industry news and articles covering important revenue cycle topics impacting the lab industry.

Government Takes Action to Ensure Coverage of COVID-19 Vaccine

Posted on November 5, 2020November 5, 2020

CMS helping providers and insurers prepare for swift vaccine administration

COVID-19 Testing Payments and Regulations: What Labs Need to Know

Posted on November 3, 2020November 3, 2020

Announcements support faster testing and tighter regulations around reporting

How to Bill for Medicare Add-On Payment for COVID-19 Diagnostic Tests

Posted on October 28, 2020October 28, 2020

What you need to know to maximize reimbursement

Larger Payments for Labs Producing Faster COVID-19 Results

Posted on October 21, 2020October 21, 2020

CMS incentivizes labs to complete high throughput COVID-19 tests quicker

The Centers for Medicare and Medicaid Services (CMS) recently announced starting January 1, 2021, Medicare will pay $100 to laboratories that complete high throughput COVID-19 diagnostic tests within two calendar days of the specimen being collected. Also effective January 1, 2021, for laboratories that take longer than two days to complete these tests, Medicare will pay $75.

COVID-19 Test Pricing: Know the Facts, Protect Your Lab’s Reputation

Posted on October 13, 2020October 13, 2020

Category: For Laboratories

Examine COVID Claims to Find RCM Weaknesses in Your Lab

As the virus continues to spread and testing volumes increase, high claim volumes can exacerbate existing billing issues. Studying COVID denials and payments can help you recognize operational inefficiencies that are hurting revenue.

Laboratory News Brief – December 2020

Keeping you in the know on the constantly changing world of medical billing and reimbursement, Quadax compiles industry news and articles covering important revenue cycle topics impacting the lab industry.

New CMS Rule Attempts to Alleviate the Prior Authorization Burden

Proposed rule aims to improve data sharing and interoperability by streamlining prior authorization

New COVID-19 Testing Price Transparency Requirements Effective Immediately

Increasing healthcare price transparency is a strategic objective of CMS, which has finalized rules regulating providers of COVID-19 tests.

Laboratory News Brief – November 2020

Keeping you in the know on the constantly changing world of medical billing and reimbursement, Quadax compiles industry news and articles covering important revenue cycle topics impacting the lab industry.

Government Takes Action to Ensure Coverage of COVID-19 Vaccine

CMS helping providers and insurers prepare for swift vaccine administration

COVID-19 Testing Payments and Regulations: What Labs Need to Know

Announcements support faster testing and tighter regulations around reporting

How to Bill for Medicare Add-On Payment for COVID-19 Diagnostic Tests

What you need to know to maximize reimbursement

Larger Payments for Labs Producing Faster COVID-19 Results

CMS incentivizes labs to complete high throughput COVID-19 tests quicker

COVID-19 Test Pricing: Know the Facts, Protect Your Lab’s Reputation

Concerns about test price gouging may lead to greater scrutiny of costs