How to Properly Value a Medical Laboratory for Sale or Purchase
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...
Understanding and Navigating Medicare MUE, PTP Edits
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...
How to Start a Toxicology Laboratory
Are you a behavioral health provider or physician seeking to expand your test menu by adding toxicology testing? Or perhaps you’re new to the industry but are exploring the possibility of starting a toxicology laboratory to serve the needs of your local community....
Pitfalls to Avoid When Using Diagnosis Z-Codes
By: Tami Shaw, Client Manager, Lighthouse RCM Solutions Lighthouse billing and coding specialists have recently observed a rising trend of claim denials for laboratory services involving the Z00.00 diagnosis code. This code, which is used for general adult medical...