Quadax Presents Strategic Considerations for Managing the Increasing Patient Cost-Share Trend
CLEVELAND, Jan. 14, 2019 /PRNewswire/ -- Quadax Inc., a healthcare information technology leader in providing revenue cycle optimization software and services, will present strategies for laboratories to improve collections and reduce administrative burden at the 14th Semi-Annual Q1 Diagnostic Coverage & Reimbursement Conference West. The conference takes place at the Hilton Garden Inn San Diego Bayside from February 12-13, 2019.
High Deductible Healthcare Plans continue to grow in frequency despite some industry expectations that they may slow down. Patients are now the #3 payer in diagnostics behind Medicare & Medicaid.
Join Walt Williams, Director of Revenue Optimization and Strategy, on Wednesday, February 13, 2019 at 9:30 PST for "Strategic Considerations for Managing the Increasing Patient Cost-Share Trend."
Because laboratories often times have little to no interaction with patients before services are rendered, strategies need to be developed to communicate financial responsibility in a way that will result in price transparency and increased reimbursement. In this presentation you will learn to:
Interact and communicate with patients in an era of growing healthcare consumerism
Reduce the administrative burden on providers to accurately disclose financial responsibility and perform insurance clearance (coverage and authorizations)
Improve collections by establishing expectations with the patient to capture payments up front
Visit Quadax at our booth or contact us if you are unable to attend Q1-West and want more information about how Quadax can help with your revenue cycle and reimbursement challenges to accelerate your cash flow.
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About Quadax, Inc.
Combining a suite of software-enabled services with industry best practices, Quadax empowers clients to drive costs out of the healthcare revenue cycle. By automating the highly complex workflow associated with revenue cycle management, Quadax is the only partner in the industry delivering full integration, customization without custom development work, value-based billing and accounts receivable systems, revenue cycle management services, and electronic transaction management systems. With over 45 years of experience, Quadax facilitates over 165 million claims annually from over 9,000 hospitals, physician offices, laboratories and other healthcare providers, and connects to nearly 4,000 active payers nationwide. To learn more, visit us at www.quadax.com or follow us on LinkedIn or Twitter.