Logistics Management: Announcing Multi-Year Agreement with MEDLAB
New Orleans, LA, May 3, 2012—HealthWare Systems announced today that it has entered into a long term, multi-year agreement with MEDLAB, the largest clinical laboratory provider in the long term care market, providing laboratory and information services to skilled nursing facilities across the nation.
Clinical laboratories and healthcare providers are struggling to improve operations and their bottom line. With declining patient volumes and reimbursement along with a renewed emphasis on quality outcomes, patient, staff, and physician satisfaction are more important than ever. Given the tight economic conditions, efficiency, throughput and laboratory costs per patient are being scrutinized. It is these economic imperatives that brought HealthWare Systems and MEDLAB together. a long term, multi-year agreement with MEDLAB, the largest clinical laboratory provider in the long term care market, providing laboratory and information services to skilled nursing facilities across the nation.
HealthWare Systems offers a unique suite of products under its ActiveWARE Revenue Cycle platform to help clinical laboratories, hospitals and health systems ensure that each and every patient encounter is financially and clinically cleared prior to the procedure/service being billed. The ActiveWARE product suite offers product solutions to address the many business and operational challenges in healthcare, by proactively managing, retaining and accessing patient information, from orders to billing to collection. In addition to securely capturing accurate information, ActiveWARE maximizes revenue integrity through improved data and documentation integrity resulting in reduced denials, underpayments and outstanding days in Accounts Receivable.
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