Proven Approaches to Clinical Laboratory Cost-Cutting and Effective Staff Recruitment/Retention to Be Shared at New Workshops in Chicago and Miami

Answers and effective solutions to the lab profession’s most urgent challenges will be front and center at the innovative ‘Lab Management Essentials Workshop’ Three powerful forces are slamming clinical laboratories today. One is the urgent need to cut costs. Second is the struggle to achieve and maintain full lab staffing. Third is the pressure to increase revenue and expand market share. All of this is happening even as hospitals and health systems must deal with almost identical issues....

McKinsey and Company Report Offers Analysis and Insights on How Companies Can Deal with the Great Resignation Occurring in the US Labor Market

Recruiters should target five personas for hiring new talent and retaining existing staff, McKinsey says, a goal that would be challenging for clinical laboratories recruiting medical technologists Clinical laboratories and pathology groups continue to struggle filling vacated positions with new hires and retaining adequate staff due to what has been dubbed the “Great Resignation.” The ongoing, pandemic-era phenomenon is seeing people leave their jobs in mass exodus and remains a...

Kaufman Hall Study Concludes Operating Margins are Declining in Nation’s Hospitals and Health Systems during 2022, a finding with implications for Hospital Laboratories

Clinical laboratory managers and pathology group leaders may want to pay closer attention to shrinking hospital margins and whether this may put pressure on hospital laboratory budgets Financial performance of the nation’s hospitals and health systems continues to disappoint hospital leaders. For the fourth consecutive month this year, hospital operating margins have remained in the red. This will, of course, affect the clinical laboratories and pathology departments at these institutions. A...

Forbes Senior Contributor Covers Reasons for Growing Staff Shortages at Medical Laboratories and Possible Solutions

Factors contributing to shortage of med techs and other lab scientists include limited training programs in clinical laboratory science, pay disparity, and staff retention, notes infectious disease specialist Judy Stone, MD Staff shortages are a growing challenge for medical laboratories, and now the problem has grabbed the attention of a major media outlet. In a story she penned for Forbes, titled, “We’re Facing a Critical Shortage of Medical Laboratory Professionals,” senior contributor and...

Four Thousand New Zealand Medical Laboratory Scientists and Technicians Threatened to Strike over Low Pay and Poor Working Conditions

Last-minute court injunction stopped a mass walkout, but allied health workers continue to push country’s District Health Boards for improvements In New Zealand, the unprecedented surge in PCR COVID-19 testing due to the SARS-CoV-2 Omicron variant appears to have pushed the country’s 10,000 healthcare workers—including 4,000 medical laboratory scientists and technicians—to the breaking point. On March 3, just 24 hours before the first of two walkouts was scheduled to begin, New Zealand’s...

Clinical Laboratories Suffer During the ‘Great Resignation’

Labs need to rethink recruitment tactics to successfully hire younger workers We’ve heard a lot anecdotally about the “Great Resignation”—a labor phenomenon rooted in the pandemic that has led to an abnormally large amount of workers, including lab professionals, quitting their jobs. The trend has hit healthcare hard, as evidenced by the latest numbers from the U.S. Bureau of Labor Statistics. From August 2021 through December 2021, the healthcare and social assistance workforce saw nearly 2.8...
;