In-sourcing your value-based lab billing process
In today’s value-based care (VBC) healthcare environment, the decision regarding technology to support the revenue cycle management piece of the puzzle can have a deep and long-lasting effect on the success and financial health of your Lab.
The starting point is to decide whether to outsource the process or keep it inside. This includes evaluating both financial and non-financial impacts, and long-term cost and logistical implications. Once you’ve decided that in-sourcing is your best path forward, the most critical factor for your long-term success will be selecting the core technology system that supports the in-house VBC revenue cycle management process.