Retaining More Revenue with Front-End Solutions

December 31, 2018

Patients financial liability in paying for healthcare services isalmost unrecognizable from that prior to the early 2000s, yet many organizations, including clinical laboratories, have struggled to modernize their collection practices in turn. As a result of this mismatch, labs risk not just losing out on uncollected revenue, but also wasting time and resources on futile or minimally effective back-end collection efforts. Reversing the problem is possible, however, by implementing the right best practices and revenue cycle management technologies. In particular, maximizing patient access early in the revenue cycle can
help patients manage their financial responsibility and preempt many unnecessary denials, payment delays, and uncollected balances.

Spotlight

LiveHealth

LiveHealth enables better interaction between Healthcare Providers, Doctors and Patients on one platform making access to organised medical information easy and seamless. For Healthcare Providers, we offer Information Systems (IS) for Diagnostics & Laboratories, which make medical information management easier, seamless and mobile without the overheads of IT Infrastructure and development.

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