Insurance plays a very big role in the healthcare industry. More or less 50% of the population has insurance coverage. It gives uncomparable convenience to patients compared to walking in and being asked for cash or a downpayment. As much as it gives ease and convenience to the patients it would be wise to be receiving equal convenience as a service provider.
Most often than not medical laboratories and clinics encounter the same issue when it comes to lab reimbursement. Every patient has different coverage, policy, insurance provider, etc., anything related that is needed for reimbursement. Scenarios differ from patient to patient which is why having a systematic method in medical billing and collection can help you save time in dealing with these matters.