Mick Raich

Founder, Vachette Pathology

Mick Raich is a nationally recognized consultant specializing in the business of revenue cycle auditing for independent laboratories, reference laboratories, hospitals outreach laboratories, and private pathology practices. He founded Vachette in 2002. He has spent his entire 37-year career in health care. His experience includes running billing companies, private practice management, hospital management, revenue cycle auditing, managed care strategy and overall revenue strategy. Mick is a nationally recognized speaker on health care revenue strategy who has presented to every national society, numerous state societies and many universities throughout the country on changes in the laboratory revenue cycle industry. He is frequently quoted, interviewed, and published as a specialist in this field.

Mick is speaking at

Track: Analytics & Data
October 25, 2018
3:50 pm - 4:40 pm
Regency B/C

Speakers

  • Mick Raich (Speaker) Founder, Vachette Pathology
  • Shreya Patel (Speaker) Vice President, Product Management and Strategy, ELLKAY

Description

The billing for lab services is amazing complex and nuanced; there are thousands of variables which go into the process to get paid for services. It is imperative in these times of financial crisis that labs work to audit their billing process. Mick Raich and Shreya Patel will discuss how this process is handled and teach the attendees the tenets of this process.

  • Charge capture, are you billing everything you do?
  • Claim review, HFCA versus service performed, are you missing anything?
  • Denial management, a primer on how to use denials to increase your revenue.
  • Getting paid correctly, comparing your EOB to the actual paid amount. Finding those lost dollars.

This speech will teach those in the lab revenue cycle world how to begin the audit process and where to look for lost revenue.

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