Across the country industry changes are driving a surge in acquisition or change of ownership that ultimately have an impact on Clinical Laboratory and Pathology. National labs are actively pursuing acquisition of hospital outreach labs. Independent labs continue to expand their market share through acquisition of other labs. Changes in ownership or internal decisions to upgrade or replace information system(s) will ultimately impact the laboratory and pathology departments. Whether a laboratory is considering a change in ownership or simply upgrading information systems, there are due diligence steps that should be taken to protect revenue and ensure compliance with coding and billing guidelines.

During this exclusive webcast, nationally recognized laboratory and pathology expert Robin Zweifel will walk you through the steps of a due diligence audit, including how to look at revenue trends, test utilization trends, compliance risks, correct CPT coding and accurate charge capture practices to reduce the likelihood of simple errors in system builds. You will learn the best approaches to work queue management, how to correlate coding guidelines with documentation requirements, validate charge capture processes and more. Regardless of the reason for changes to take place, being informed and prepared will reduce errors during system implementations or upgrades.

Why This is Relevant:

Whether a laboratory is considering a change in ownership or simply upgrading information systems, there are due diligence steps that should be taken to protect revenue and ensure compliance. Complexities associated with deploying system upgrades or changes require working together with IT Systems analysts, revenue integrity department and billing department as well as clinical departments to build dynamic workflows for orders, specimen management, reporting, charge capture, coding and billing. Simple errors in system build can cause significant losses of revenue or pose increased compliance risk. Regardless of the reason for changes to take place, being informed and prepared will reduce errors during system implementations or upgrades.

Webcast Takeaways:

• Prepare for a due diligence audit
• Consider best practice approaches to Work Queue management
• Correlate coding guidelines with documentation requirements
• Validate charge capture processes
• Understand NCCI edit policy and appropriate use of laboratory modifiers
• Improving clean claim submissions

Who Should Attend:

Laboratory Finance, Laboratory leadership, CDM, Revenue Cycle/Business Office, Compliance

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