Full Focus: Lighthouse Expands Instrumentation Services with Acquisition of Texas-based Alternative Biomedical Solutions
Lighthouse is thrilled to announce our acquisition of Alternative Biomedical Solutions, a Texas-based lab services company with a focus on instrument procurement and servicing. The ABS team has a strong reputation and a lengthy history of providing top-level service to their clients, and we couldn't be more excited to welcome our new team members onboard!
This move allows us to expand our comprehensive suite of lab offerings to include first-class equipment service, while also broadening our capabilities beyond the clinical lab industry into the adjacent CRO and PFAS markets.
Check out the announcement below for more details!
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1. A Final LDT Rule in April! Will FDA be Prepared? (FDA Law Blog)
Now that the deadline to submit comments to the FDA concerning the agency's proposal to gain oversight over laboratory developed tests (LDTs) has passed, the clock is ticking for the release of a final rule. The FDA has indicated they hope to publish the rule by April, but is this timeline realistic?
Check out this update on the FDA Law Blog by Allyson B. Mullen, Director, with Hymen, Phelps, & McNamara, for a breakdown of the latest developments and what labs should watch for on this front moving forward.
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2. Why Your Patients' Financial Experience May be Undermining Your Value-Based Care Initiatives (FrontRunner HC)
With provider reimbursements linked to quality measures such as patient satisfaction scores and hospital readmission rates, the patient’s financial experience can significantly undermine a health system’s value-based care efforts and reduce profitability. A patient can have a great clinical experience, but an incorrect bill can sour their overall experience, causing them to skip their payment, seek care elsewhere, or even drop out of the care continuum entirely.
In this recent blog, John Donnelly, Founder and CEO of FrontRunner HC, stresses the importance of having up-to-date insurance information as a means of ensuring a smooth financial experience for your patients and supporting your value-based care goals.
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3. New Partnership: Lighthouse + The National Network of Laboratory Consultants
We’re excited to announce a new partnership with the National Network of Laboratory Consultants (NNLC) that will boost our combined resources and impact!
NNLC is a recently launched network for independent laboratory consultants across the United States, providing organizational support while also helping consultants pool resources and circulate knowledge tailored for physician offices and laboratories. Through our combined efforts, we plan to complement our respective service offerings while also continuing to advocate for quality lab testing and the betterment of the medical lab industry.
Consultants who register with NNLC receive FREE access to the tools needed to better serve their clients, such as Microsoft 365 access, industry publications, guidelines, and more.
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Our new "Candidate Corner" serves as a spotlight for some of the great candidates our Medical Laboratory Recruiters work with each day. Check out a quick preview of one individual below, then click over to our blog to see all four candidates for December.
If you'd like to learn more about anyone listed in this section, or inquire about their ability to relocate, email us directly here!
Candidate - Lab Manager/Technical Supervisor
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Education: Master's in Chemistry, B.S. in Chemistry
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Experience/Expertise: Toxicology
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Preferred Location: Detroit, MI.
- Also open to temp/travel positions
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TOP STORIES & VIDEOS OF 2023 |
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It's hard to believe 2023 is already coming to an end! As we look back on all the great work our team has done on behalf of our clients and lab partners, we're providing a roundup of the top five informational blogs and videos our experts produced.
Check out these articles below, and thanks again for being a dedicated reader of The Lab Insighter! Happy Holidays!
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1. 2023 Wage & Morale Survey of Medical Laboratory Professionals
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2. 9 Must-Have Skills for Your Lab Technician Resume
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3. How Medical Laboratories are Evolving as 2024 Approaches (Video)
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4. CMS Approves New Certification for High-Complexity Lab Directors
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5. How to Establish Coding and Get Paid for New Laboratory Tests (Video)
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Policy Update: CMS/NCCI Billing Edit Continues to Impact Drug Testing Reimbursements |
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Do you have outstanding claims that were impacted by the CMS NCCI edit restricting the billing of presumptive and definitive drug testing earlier this year? Despite the edit being officially withdrawn, we're continuing to see it cause confusion and delay payments, especially for private payers who have been slow to adapt to the change by CMS.
"It caused a lot of havoc this summer and I would say it's still causing havoc today," says Ann Lambrix, VP, Lighthouse Lab Services RCM Solutions.
Check out our latest update below for more on what measures labs and drug testing providers should take to ensure they receive reimbursement for their services while payers continue to respond to this change.
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ICYMI: Recent Webinars & Educational Content |
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1. Coding and Billing for Toxicology - Best Practices
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Recorded: Dec. 13, 2023
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Presented by: Ann Lambrix, VP of RCM Solutions, LLS
- View here
2. Developing a Custom Test Menu for Urine Drug Testing
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Recorded: Nov. 15, 2023
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Presented by: Dr. Sarah Harris, Chief Technical Officer, LLS
- View here
3. Emerging Street Drugs and New Threats to Watch For
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Recorded: Nov. 1, 2023
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Presented by: Dr. Erik Korte, Lab Director and Clinical Consultant, LLS
- View here
4. Urine Drug Testing 101
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Recorded: Oct. 26, 2023
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Presented by: Dr. Michael Sprintz, CEO, Cellarian, and Elliot Labovitz, Chief Sales Officer, LLS
- View here
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This email is brought to you as a service from Lighthouse Lab Services to provide quality and timely information that can improve your laboratory operations. We strive to maintain our position as the country’s premiere lab consulting firm and support your success. |
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The Lab Insighter is a monthly publication for Lab Owners and Decision Makers.
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Contact us at:
(919) 443-6553
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