Hospitals nationwide are scrambling to comply with a new reporting mandate announced by Medicare in early 2019 within a densely written and widely misunderstood transmittal. The reporting, which is mandated by PAMA, requires applicable hospital outreach laboratories and physician clinics that perform specimen-only lab testing to report their commercial payor payment rates for lab services by the end of March 2020 or potentially face fines of more than $10,000 per day.
Improved AR Performance. Immediate results.
HFRI, a leader in accounts receivable recovery and resolution, works as a virtual extension of your hospital central billing office to help you resolve and collect more of your insurance accounts receivable faster and improves operating margins through a seamless and collaborative partnership with your internal team.