May 2024 Newsletter - The Final Rule on LDTs and What it Means for Independent Labs
The Final Rule on LDTs and What it Means for Independent Labs
A final rule recently issued by the U.S. Food and Drug Administration (FDA) directly affects the immediate oversight of laboratory-developed tests (LDTs) and the individual clinical laboratories and pathology practices that develop, validate, and perform them.
So what does the final rule and new oversight mean for your independent medical laboratory?
We invite you to continue reading to learn about the FDA's partial “grandfather” exemptions for existing LDTs on the market, and how the administration plans to phase out its general enforcement discretion approach over the next four years.
We'll also cover how this new FDA oversight may affect your lab's staffing budget and what actions labs should take to modernize and make compliance less of a burden.
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Unifying Technical and Financial Operations to Minimize Denials and Prevent Revenue Leakage
Join Tina Quevedo (Senior Director of the Business Office, Avero Diagnostics) and Aram Avakyan (RCM Specialist, LigoLab) as they host our June webinar and discuss how Avero broke away from the traditional laboratory revenue cycle management model and fully embraced a move to LIS system and lab RCM workflow integration.
LigoLab June Webinar
📅 Date: Wednesday, June 12
⏰ Time: 1 p.m. Eastern, 10 a.m. Pacific
Sign up for the webinar and learn what benefits Avero Diagnostics experienced after replacing its well-known but underperforming legacy RCM software solution with LigoLab's all-in-one lab informatics platform.
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Navigating the Future of Pathology: The LigoLab Advantage
Even though the future is uncertain, one thing's for sure. Pathology laboratories will continue to be at the heart of medical innovation, driving critical insights that lead to early diagnoses, tailored treatment plans, and better patient outcomes.
As the demand for faster, more accurate diagnostic capabilities grows, LigoLab CEO Suren Avunjian anticipates that the role of advanced laboratory information systems will also become increasingly pivotal.
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Ready to Learn More About Our All-in-One Platform? Contact a Product Specialist
At LigoLab, we invest in partnerships with our laboratory information system and lab billing customers and take FULL RESPONSIBILITY for all their informatics. We understand that for labs to succeed during these challenging times, they need a modern informatics solution backed by the best customer service.
Is your lab operation ready for a digital transformation? Do you have questions about our new pricing tiers? Are you ready to partner with an LIS company that provides future-ready solutions for LIS, lab RCM, and direct-to-consumer lab testing?
If yes, we invite you to click the link below to schedule a brief consultation with one of our talented Product Specialists.
