CEO SUMMARY: Across the United States, clinical labs, histology labs, and pathology groups are experiencing both a much longer payment cycle for claims and a decreased gross collection rate. Blame can be placed on several trends. One trend is the steady increase in the number of patients with high-deductible health plans. Another trend involves payers […]
Longer Pay Cycle for Labs, Plus Lower Collection Rate
One major reason is the increasing number of patients enrolled in high-deductible health plans
- By Joseph Burns
- > From the Volume XXI No. 12 - September 2, 2014 Issue
