Quadax Blog

Best Practices for Labs to Remain Competitive

Mitigate financial challenges by securing patient revenue 

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Hot Topics in RCM: Automation, Patient Experience and Analytics

The AAHAM Annual Conference brought a wealth of insight from conversations with customers, potential customers and industry experts. 

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Patient Access Management – A Smart Start for Labs

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. 

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Seven Keys to Success to Improve Out-of-Network Collections

According to Richa Singh of Collection Rx, 5-10% of healthcare revenue is lost due to lack of time and technology associated with the work involved to follow up on the cost of collections resulting from unprocessed claims, missing documents, and denials. In many instances, providers overlook claims that are not properly processed and, as such, miss out on revenue. More importantly, almost 40% [...]

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A New Era of Consumerism Facing Labs – How Do You Stay Competitive?

By definition, consumerism is a social and economic order that encourages the acquisition of goods and services in ever-increasing amounts. In an abstract sense, it is the consideration that the free choice of consumers should strongly direct the choice of what is available and how, which then directs the economic organization of a society.1

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