News & Expertise

  1. PractiSource Announces its New AgilityMD Division Focusing on AdvancedMD Medical Practices Springfield, Massachusetts (1/22/2020) - Summary: PractiSource Announces new AgilityMD RCM and Billing Services for AdvancedMD Software Users   PractiSource today announced its latest division, AgilityMD. AgilityMD is a suite of service offerings designed to maximize revenue for users of AdvancedMD Medical Office Software. PractiSource is an AdvancedMD partner and currently serves hundreds of providers on the AdvancedMD platform with... Read more »
  2. Important Reminder: New Medicare Beneficiary Identifiers (MBI) Required January 1, 2020 (12/18/2019) -   December 17, 2019 Springfield, MA     PractiSource would like to provide a quick, final reminder regarding the new Medicare Beneficiary Identifiers. New MBI’s (patient Medicare Beneficiary Identifiers often simply referred to as a patient “Medicare Number”) will be required for all service starts starting January 1, 2020. The new numbers do not contain... Read more »
  3. Toxicology Billing Today – What Labs Should Verify About Billing Services. (7/29/2019) - An RCM CEO’s Reflections on Toxicology Lab Billing   For Release: July 29, 2019 Springfield, Massachusetts       Just a few short years ago, the clinical toxicology laboratory space was filled with startup laboratories often managed by folks with little to no experience in the field. Such labs often did not have the years... Read more »
  4. PractiSource Continues Growth with New Massachusetts Office (3/11/2019) - Springfield, MA PractiSource continued significant positive growth trends in 2018 and added new office space in Springfield, Massachusetts. The new offices are located at 1 Financial Plaza (1350 Main Street) in downtown Springfield. The new space was acquired to accommodate a growing and increasingly geographically diverse employee base. Frank Perrotta, PracitSource’s Chief Technology Officer, explains,... Read more »
  5. PractiSource and ChartPath by Afoundria Partner to Provide New Integrated EHR and RCM Solutions to Post-Acute and Long-Term Care Medical Practices (8/8/2018) - August 2018 – Austin, Texas. PractiSource, a leader in billing and RCM services for post acute / long term care medical practices, is now offering integrated services with Afoundria’s ChartPath EHR.  ChartPath is a web-based EHR designed specifically to the unique needs and workflows found in the PAC/LTC medical practice environment.   PractiSource has become... Read more »
  6. Innovation Destination Hartford interview with PractiSource CEO (2/28/2018) - Link to: http://www.innovationhartford.com/ct-startup-provides-healthcare-revenue-solutions/ Should the link not be available, please see a copy of the article below courtesy of Innovation Destination Hartford. Growing Connecticut Firm Provides Healthcare Revenue Solutions Innovation Destination Hartford Website Curator Nan Price spoke with PractiSource, LLC President and CEO Markus Muhlhauser about how his business got off the ground, some of... Read more »
  7. PractiSource expands to new office space amid continued growth (2/13/2018) - Tolland, CT   PractiSource recently moved its offices to new space at 1 Technology Drive in Tolland, Connecticut in order to accommodate continued growth.   The new space features an open contiguous floor plan and is currently furnished to accommodate up to 68 team members.  There is additional space for more work stations and offices,... Read more »
  8. RURO Announces Partnership with PractiSource, LLC. (2/7/2017) -   Combination of RURO’s LimitLIS®, PractiSource’s Medical Billing and RCM Services Offers Clinical Laboratories Rapid Modernization of Operations and Revenue Management.   RURO’s LimitLIS® is quickly becoming a preferred Laboratory Information System for laboratories seeking more advanced information management PractiSource’s expertise and corporate focus on optimizing laboratory revenue is industry-leading RURO and PractiSource’s partnered solution... Read more »
  9. 2017 Clinical Toxicology Laboratory Fee Schedule Changes- The Good and the Bad (1/6/2017) -   Hartford, CT – January 5, 2017 There are a number of changes to the Toxicology Clinical Lab Fee Schedule for 2017.  So let’s start with the bad news first. Along with fee (allowable) changes, there are once again laboratory coding changes. Details are below, however, the biggest change for toxicology laboratories has to do... Read more »
  10. Ignoring 2016 CMS Laboratory Reporting Requirements Could Get Expensive (11/21/2016) - Hartford, CT – PractiSource, LLC Earlier this year, the Centers for Medicare & Medicaid Services (CMS) announced that it will be requiring most clinical laboratories to submit the first six months of 2016 payment data to CMS in the first quarter of 2017. CMS is doing so to determine Medicare payment rates (in the Clinical... Read more »