4 New Ways to Add Revenue to Your Lab
In this free webinar, we will highlight four unique strategies that will add value, increase margins and help you stand out from your competition.
1. 50 State Physician of Record Network
The demand for Direct to Consumer lab testing is continuing to grow. Many labs are well-positioned to capture new cash-paying customers by offering the tests on their menu directly to the patient. Lighthouse's network of physicians that are licensed in all 50 States (and PR and DC) enables labs to avoid tracking the complicated state-by-state DAT regulatory landscape and take the high road and put an MD signature behind every lab test order.
2. Hear more about how your lab can invest, acquire or partner with a group that has a unique new genetic test that provides athletes with informed training guidance to enable them to remain injury-free and perform at the highest levels.
3. The need for Prior Authorization is becoming a more critical requirement for receiving reimbursement for the testing that your lab is performing and all indicators point towards a broader requirement for Prior Authorization in the future. We will be highlighting a new technology that allows labs to get prior authorization at the point of sale, while the patient is in the clinic, so you capture the maxim amount of revenue and avoid burning through COGs on test for which your lab does not get paid.
4. Tap into the power of AI and capture a new stream of revenue and give your lab a strategic advantage over your peers without any capital expenditure. We will highlight an innovate new precision medicine tool that is being used by Sonora Quest and others to analyze lab data and provide treatment recommendations to physicians.
