Is your cash stranded in the vastness of your lab’s accounts receivable (A/R)? Targeted revenue search and rescue efforts can improve your lab’s financial performance. Know where to send the search party—monitor key performance indicators (KPIs) Days in A/R and Aged A/R.
Increasing financial pressure related to changing healthcare economic realities requires the pursuit of continuous improvement and streamlined productivity. To attain continuously advancing revenue cycle goals, every element of your business office system must be a high-performing contributor – especially your claims clearinghouse.
***UPDATE: New Medicare Cards are coming! ***On April 1, 2018, CMS will begin mailing patients their new Medicare cards. Help inform Medicare Patients, by playing the "New Medicare Cards Are Coming" video in your waiting room. This one minute video created by CMS explains when and how patients will receive their new card.
Healthcare may be the only industry where a company has no idea how much it will get paid for services rendered, or whether or not it will be paid at all. This is especially challenging for laboratories that are on the cutting edge with new procedures and technology.
The Secret is Out!
With the release of the 2018 Best in KLAS: Software and Services report, the healthcare industry is learning what Quadax clients have known for years: Quadax can’t be beat for exceptional service and top-performing product functionality.