Pathology and laboratory services are vital to clinical decision-making, from routine diagnostic testing to guiding complex cancer care. Yet, these professionals increasingly feel the squeeze from declining reimbursements and rising operational costs. For both...
If you’re working in the clinical lab space, there are some key updates from CMS regarding laboratory director qualifications to be aware of. These changes, which take effect on Dec. 28, 2024, are broken down below so labs and aspiring directors understand...
When preparing to sell or buy a medical laboratory, it’s essential that you first conduct a thorough valuation in order to ensure the deal will be financially viable for your future plans. A variety of factors can influence the final price, ranging from revenue...
The Medicare National Correct Coding Initiative (NCCI) (also known as CCI) was installed to promote national correct coding methodologies and to control improper coding leading to payment. NCCI Procedure-to-Procedure (PTP) code pair edits are automated prepayment...
When your laboratory uses sophisticated equipment like liquid chromatography-mass spectrometry (LC-MS) systems, you rely on these tools to provide trustworthy results. However, regular use of this equipment can eventually cause changes to the tools that lead to...