Debate pros and cons of performing laboratory or radiology tests in a small physician’s office. Explain how the decision can affect the revenue cycle if the tests do not get covered or generate enough income.
What will be an ideal response?
When deciding to perform diagnostic testing in the office, it is important to determine patient need, as well as the return on investment. If the equipment, licensing, and approval process is more costly than the reimbursement, then the decision should be made to send patients to another facility. In order to increase revenue in the facility, it is important to analyze the cost and determine a need
for the testing.
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