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Lessons from Executive War College 2022

Every year the sky is falling, at least that’s how it seems. I have been attending Executive War College since the 90s and thank God we’ve been able to change and adapt with the dramas of running a healthcare business. These are things I learned from presentations by Robert Michel, editor-in-chief of the Dark Report, and others:

Items to Watch as the Public Health Emergency Winds Down

Due to a number of COVID funds being exhausted or close to tapped out, this is likely to be the final extension. Here are some items to keep in mind as labs and pathologists prepare for the potential end of the PHE.

Covid variant testing

20 Years of Vachette

As Vachette Pathology celebrates its 20th anniversary, founder Mick Raich looks back on what he's learned during that time.

Vachette building front

Pathology Job Market Struggling to Meet Increasing Demand

"Gone may be the days where one person who was more broadly trained could effectively advise whole laboratories comprehensively on what patients need and how to go about arranging that as an in-house offering," says Tara Luellen, Vice President of Lab Director Services.

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Timeline for repayment of Medicare Advances, recoupment rate

Impacted providers should expect to see 25% of their total Medicare payments to be recouped during the first 11 months of the repayment period. If repayment has not been completed within that timeframe, the recoupment rate will increase to 50% for 6 months.

Image by Jan Vašek from Pixabay

Artificial Intelligence: Payers vs Medical Billers Round One

There are some interesting changes in the medical billing world surrounding artificial intelligence (AI). There is an AI war going on with payers and billers in the revenue cycle management (RCM) arena and the winner will be the one who invests in AI quickest and maintains their edge in technology. We are just beginning to see this technology utilized, but several firms are already in the game. 

AI influencing the battle between payers and medical billers

CAP asks UHC to forgo Designated Diagnostic Provider program

The College of American Pathologists (CAP) has joined six other provider advocacy groups in formally requesting UnitedHealthcare (UHC) forgo its Designated Diagnostic Provider (DDP) program that was launched last summer in an attempt to further tighten the payer's network and direct patients to preferred laboratories.

Who's reviewing revenue strategy with you at this time?

Are you billing all the correct CPT codes? You’d be surprised at what you might be missing. We will review your Fee Schedule/Charge Master at no cost.

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