Lab Regulations Present New Challenges for Compliance

The Departments of Justice and Health and Human Services are steadily intensifying their pursuit of health care fraud and overpayment cases. Now more than ever, labs must stay up-to-date with ever-changing laws and regulations.

Among the many new lab compliance changes affecting labs in 2014, the “Final Rule” grants patients and patient representatives the rights to copies of completed lab test results within 30 days of the request, effective October 6, 2014. Previously, only allowed physicians and labs could view test information.

The Final Rule is a significant change that brings up serious questions: How should you authenticate the identity of a person requesting results? What liability does your lab face if it provides information to the wrong person? As your lab adjusts operations to comply with this new mandate, you need to know how to avoid the potential legal pitfalls of granting patients access to their records.

This and other timely lab compliance topics will be covered in depth at the G2 Intelligence Workshop on May 22, 2014, New Compliance Red Flags for Labs: How to Minimize Legal Risks in an Evolving Market.

Conference sessions will answer many pressing lab compliance questions, including:

• In the climate of increasing regulatory enforcement associated with the Affordable Care Act, how can a lab reduce the risk of being the target of an investigation?
• What must a lab do to remain in compliance with all state and federal laws?
• How can a lab conduct a self-audit to pinpoint trouble spots before they pose any threat?
• What is and is not allowed in terms of test pricing discounts?
• Are your lab’s sales and marketing campaigns in compliance with laws governing fraud, abuse, privacy, and data security?
• How can labs handle requests?

Lab consulting firm LabMetrics will be there as a sponsor. Visit our site at www.labmetrics.com to learn more about how we can help your lab adapt in a climate of rapid change.

About LabMetrics

LabMetrics is a proud sponsor at this year’s Executive War College.

A premier full-service lab and health information technology consulting firm, LabMetrics supplies innovative technology-based business and clinical solutions to our clients in life sciences industries. A respected leader in the field of lab management consulting, LabMetrics provides a 360° approach to improve laboratory and pathology businesses.

Because LabMetrics’ team of experts stays abreast of the most recent business, compliance, operational, technology and scientific trends in the industry, our customized consulting helps you keep your competitive edge honed for success. Enduring today’s rocky healthcare landscape may seem to be survival of the fittest, but with LabMetrics solutions, we give you the lab management tools to thrive.

Check us out at www.labmetrics.com to see how we can help your lab adapt to the new changes in health care.