News, Analysis, Trends, Management Innovations for
Clinical Laboratories and Pathology Groups

Hosted by Robert Michel

News, Analysis, Trends, Management Innovations for
Clinical Laboratories and Pathology Groups

Hosted by Robert Michel
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Hospitals Report Growing Levels of Bad Debt as Many Patients with High-Deductible Plans Are Unable to Pay Their Medical Bills

Pathology groups and clinical laboratories should be taking steps to collect from patients at the point of care, as a key strategy to minimize patient bad debt

Here’s some bad news for hospital Chief Financial Officers (CFOs) and an early warning for clinical laboratory administrators. A rising number of patients with high deductible health plans (HDHPs) are unable to pay their medical bills.

Enrollment in HDHPs has soared in recent years because more employers and health insurers have adopted these plans. HDHPs also are called consumer-directed health plans (CDHPs) and typically have annual family deductibles of between $5,000 and $10,000. (more…)

It’s No Surprise Why More Consumers Use the Internet to Order Lower-Priced Clinical Laboratory Tests

Web-based medical laboratory testing companies give consumers the option to purchase lab tests at cheap prices

It’s nearly impossible to do a web search for any term that includes “medical laboratory tests” and not have the search engine return paid listings for numerous clinical laboratory testing companies organized specifically to allow consumers to order their own lab tests over the Internet. This is a sign that the direct-to-consumer medical laboratory testing marketplace is booming.

These companies seem to be multiplying like rabbits. It is common to see such names as AccessaLabs.com, AnyLabTestNow.com, HealthOneLabs.com, PrePaidLabTests.com, and PrivateMDLabs.com pop up in the search engine. For a consumer looking to order their own clinical laboratory tests, these are enticing names. (more…)

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