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Myndshft Blog

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July 22, 2019

The Perils of Bad Debt at Diagnostics Labs

by Patrick | Revenue Cycle Management

Revenue cycle departments at diagnostics labs face some really daunting challenges when it comes to managing patient copays and billing.  We wanted to get a better understanding for the pain points that they face on a day-to-day basis, so we commissioned a market research firm to conduct a series of interviews with revenue cycle executives from across a spectrum of lab services types. This is the third in a series of five blog posts that reveals the findings from these interviews. To start reading from the first installment in the series, click here. You can also download the full report. … Read entire article here

July 12, 2019

The Twin Challenges of Claim Denials and Prior Authorizations

by Patrick | Revenue Cycle Management

Revenue cycle departments at diagnostics labs face some really daunting challenges when it comes to managing patient co-pays and billing.  We wanted to get a better understanding for the pain points that they face on a day-to-day basis, so we commissioned a market research firm to conduct a series of interviews with revenue cycle executives from across a spectrum of lab services types. This is the second in a series of five blog posts that will reveal the findings from these interviews. To read the first installment, click here. You can also download the full report.  Claim Denials  For diagnostics… Read entire article here

July 10, 2019

New RCM Report Reveals Top Pain Points for Diagnostics Lab Executives

by Patrick | News

MESA, Ariz.—July 10, 2019—Myndshft, a healthcare technology company that automates and simplifies administrative processes, today released a research report that reveals the most significant revenue cycle management (RCM) challenges for leaders of diagnostics lab companies. To download the research report, “Diagnostics Lab Executives Reveal Their Biggest Revenue Cycle Management Challenges,” click here. Revenue cycle departments at diagnostics labs face unique issues when it comes to managing increasingly complex prior authorization, eligibility and benefits verification, and patient financial responsibility requirements. Addressing these distinct challenges with legacy technology and redundant manual processes has proven to be a chronic source of costly administrative… Read entire article here

July 3, 2019

The RCM Pitfalls of Limited Visibility to Patients Prior to Service

by Patrick | Revenue Cycle Management

Revenue cycle departments at diagnostics labs face some really daunting challenges when it comes to managing patient copays and billing.  We wanted to get a better understanding for the pain points that they face on a day-to-day basis, so we commissioned a market research firm to conduct a series of interviews with revenue cycle executives from across a spectrum of lab services types. This is the first in a series of five blog posts that will reveal the findings from these interviews. You can also download the full report.  Limited Visibility to Patients Prior to Service When you conjure up… Read entire article here