For labs, the margin between profitability and loss often comes down to billing. Lab services are reimbursed at lower rates than ever, yet the cost of doing business keeps rising. Between complex payer rules, coding nuances, and frequent denials, it’s easy to lose thousands per month without realizing it.

At a time when labs are operating on tight margins, revenue leakage is more dangerous than ever. Clinical laboratories, particularly those specializing in pathology, toxicology, molecular diagnostics, and genetic testing, are losing 20% to 40% of total billable revenue—and often don’t even know it.

Choosing the right laboratory software isn’t just an IT decision—it’s a business-critical investment that can shape everything from daily workflow to long-term profitability. Whether you’re a clinical lab, toxicology group, pathology practice, or molecular testing facility, the wrong system slows you down, exposes you to billing errors, and limits scalability.

There are two types of drudgeries:

In today’s complex healthcare environment, practices and health systems often struggle to maximize collections and minimize revenue loss because of inefficient or outdated billing and administrative workflows. If your organization wants to thrive — rather than simply survive — effective Healthcare Revenue Cycle Management (Healthcare RCM) must be a top priority. By modernizing processes, leveraging technology, and prioritizing patient financial engagement, you can substantially improve cash flow, reduce denials, and optimize reimbursements.

Whether you’re a physician, practice manager, or healthcare executive, understanding RCM services is critical to sustaining financial health and operational efficiency. RCM — or revenue cycle management services — encompasses the full lifecycle of patient revenue, from appointment scheduling to final payment collection. In this post, we answer the top 10 frequently asked questions about RCM services, highlight key benefits, and provide strategic insights to help you decide whether outsourcing or optimizing your existing revenue cycle is the right move.

If your medical practice is leaving revenue on the table because of inefficient billing and administrative workflows, you’re not alone — many practices struggle with losses tied to sub-optimal Revenue Cycle Management (RCM). In fact, studies indicate that by standardizing and automating RCM workflows, clinics and hospitals can dramatically improve cash flow, reduce denials, and recover revenue that typically slips through the cracks.

Artificial intelligence (AI) continues to transform the healthcare industry, with radiology, patient portals, and AI faxing seeing significant advancements in 2025.

As the demand for mental health and substance use disorders services continues to grow, behavioral health billing in general has become increasingly complex. Providers must navigate evolving regulations, new diagnostic codes, and shifting reimbursement structures to ensure accurate billing and optimal financial outcomes.

The following excerpt is from an article found on Revcycleintelligence.com. It was written by Catherine Sampson.