What is Your Laboratory Business Strategy?
Now more than ever, clinical laboratories are feeling the pressure to sustain their business in a highly challenging and competitive environment. Laboratories are just beginning to feel the effects of the Medicare clinical laboratory fee schedule changes under the Protecting Access to Medicare Act (PAMA), but can minimize the impact by proactively investigating opportunities for efficiency gains. Partnering with the right vendor can help labs successfully navigate reimbursement changes and value-based healthcare by implementing automated processes to improve operational and reagent efficiencies, testing utilization, and costs.
The resources below are designed to help your lab drive business efficiency and improve the bottom line of your organization.
Optimized lab workflow: Testimonial Video from Covenant Health
Hear how one of the largest reference labs in the southwestern U.S. has optimized efficiency and reduced costs, after partnering with Siemens Healthineers on workflow improvements.
PAMA Survival 101: White Paper and Preparedness Checklist
Access our 15-point checklist to ready your lab for PAMA’s impact, and read the white paper outlining the history of the clinical lab fee schedule (CLFS), what changes to expect in the coming years, what you can do now – and how to leverage vendor partnerships to help.
Lab Test Utilization White Paper
Lab test utilization (LTU) supports the transition to fee-for-value payment models that aim to improve patient outcomes, increase quality of care, and reduce costs which mitigates reimbursement cuts. Download the white paper to understand how these topics merge as a long-term, value-based strategy.
Infographic: Send-out versus In-house Testing
Using testing for co-occurring conditions in a hospitalized diabetic patient as an example, see how a robust assay menu can help reduce cost per test, support faster diagnoses, and expedite time to treatment.
Top 5 Things Laboratories Need to Know About PAMA
Is your lab ready for the reimbursement cuts associated with PAMA? There are five key initiatives you need to consider to help you mitigate the impact of this legislation.