OPTIMIZE revenues


LEAD Program

OPTIMIZE REVENUES

Partnering with a nationally-known consulting firm that specializes in healthcare organizations, LEAD shows you how to enhance revenues from current lab operations – in many cases, by 20% to 30%.

Our experienced consultants will visit your lab to analyze:

  • Billing and collections processes
  • Billing system capabilities
  • Front-end data gathering
  • Fee schedules
  • Payment efficiencies
  • Current payer mix
  • Financial reporting procedures
  • Management reporting capabilities

The Result: You receive a written report that identifies areas for potential improvement, including:

  • An ROI analysis and guidance on best practices
  • Recommendations to improve outreach revenue and implement action plans

In short, you receive solutions for improvement that have the greatest impact on revenue, and a solid base from which to build profitability from your current outreach operations. The fee for this service will vary according to the scope of the analysis.