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Myndshft Blog

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May 28, 2020

Myndshft and eCommerce Direct Announce Partnership to Help Diagnostics Labs Reduce Shipping Costs and Increase Focus on Taking Care of Patients

by Jen | News

Myndshft and eCommerce Direct

MESA, AZ and Des Moines, IA, May 28, 2020 -- Myndshft Technologies, a leading provider of real-time benefits check and prior authorization technology for diagnostics labs today announced a partnership with eCommerce Direct, a provider of World-Class fulfillment and freight management solutions. The partnership will enable diagnostics labs to reduce shipping and management costs by 30% - 50% and increase their focus on taking care of patients. Most diagnostics labs don’t have the time or personnel to manage inventory of medical supplies and shipping. The Myndshft - eCommerce Direct partnership brings together deep industry expertise to take on the specimen… Read entire article here

April 29, 2020

Bringing Real-Time Medical Benefits Checks to the Point of Service Through Automation

by Jen | Healthcare Administration, Healthcare Technology

This infographic provides an illustration through the current manual process of the up front process of revenue cycle versus the automation process path.  Through the journey you are able to visualize the reduction in manual labor to your current manual process to see the impact it would make on your staff, the improvement in price transparency to patients, and increasing collections at the point of service. Leverage price transparency at the point of service to improve the patient experience. Leverage collection opportunities at the point of service Reduce manual labor on administrative paperwork Focus on the work that matters, providing… Read entire article here

March 23, 2020

How to Make Coordination of Benefits More Transparent and Truly Coordinated 

by Patrick | Healthcare Technology, Revenue Cycle Management

The Concept The concept behind coordination of benefits (COB) is fairly straightforward and simple. In situations where a patient has multiple health plans, it’s a way for commercial and government insurers to determine which payer is responsible for coverage, in what amount, and in what order — as a primary, secondary or tertiary payer.  For instance, two spouses may pay for health insurance under each of their employer’s plans, so each would be covered under their plan and their spouse's plan. Or a single person may have Medicare and additional health care coverage under a supplemental plan. Coordination of benefits… Read entire article here

March 17, 2020

How Will COVID-19 Testing Be Reimbursed?

by Patrick | Healthcare Administration

The US finds itself woefully unprepared to perform enough COVID-19 testing to identify and quarantine infected patients at scale, slowed by test development regulations; a disbanded White House pandemic response team; and a lack of coordination between local, state and federal governments. This lack of “systemness” in the healthcare system has left clinical laboratories scrambling to receive testing approval from the Centers for Disease Control (CDC) and ramp up production. Fortunately, testing guidelines were loosened by the Federal Drug Administration (FDA) at the end of February, allowing academic labs and large commercial labs like Quest Diagnostics and LabCorp to quickly… Read entire article here