The Vanguard View - Volume III
Volume III
What's New in the Lab Industry Today?
Over the last couple of months, the funds Congress has provided for COVID response have begun to dwindle. Timing is crucial. The current deadline to submit claims for payment by 3/22. Let us help you prepare. Receive your COVID funds while you still can. Contact us directly by emailing [email protected] today or visit frontrunnerhc.com/hrsaresources for more information.
During COVID, every laboratory was considered in-network and there was a built-in demand for testing. Now, we encourage laboratories to develop a thoughtful business plan and take into consideration the complexities of building and growing a laboratory post-pandemic.
It's critical that providers get paid for the services they deliver while also ensuring their patient's financial experience is as positive as their clinical experience. By leveraging data automation technology, providers can capitalize on opportunities to manage their costs, address volume fluctuations, and get paid faster while enhancing their patients' experience.
With the healthcare industry significantly more stable than it was during peak periods of uncertainty caused by the COVID-19 pandemic, mergers and acquisitions activity across the entire healthcare landscape has reached record levels over the last two years.
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