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CARES Act

Payers Request More Claims Documentation

CEO SUMMARY: Both anecdotal evidence from lab professionals and numbers-based data from XiFin point to a problem: More payers require clinical labs to produce more documentation that a test claim i…

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To Stay Afloat, Dallas AP Group Cut Staff, Payroll

CEO SUMMARY: As early cases of COVID-19 spread inĀ some states, pathologists at the 50-member ProPath group inĀ Dallas prepared for a widespread outbreak by preserving cashĀ and working with bankers and other advisors to apply for federalĀ stimulus funding. Executives also fur…

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Labs May Qualify for Relief Under New Federal Laws

CEO SUMMARY: After routine testing and specimen volumeĀ declined last month, so too did the associated revenue. InĀ response, clinical laboratories and anatomic pathology groupsĀ want to bolster their finances quickly or risk incurring moreĀ financial damage to already-fragile…

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