Two respected clinical laboratories initiate simple process improvements resulting in improved inventory management, hundreds of thousands of dollars in wasted spending captured, and increased lab performance


21806 Briarcliff Dr.
Spicewood, Texas 78669
512-264-7103 o
512-264-0969  f


Media Contact: Ron Martin


AUSTIN, Texas (December 29, 2015) — Two of the nation’s most respected laboratory organizations recently saw the opportunity to convert inventory to cash, using existing staff and resources to initiate simple and speedy process improvements.  The result was money the labs could spend immediately, while at the same time reducing expensive inventory levels, and eliminating stock-outs and the problem of expired reagents

“Virtually every clinical laboratory or pathology group would agree that a quick infusion of $100,000 to $500,000 in cash would make a big difference, particularly at a time when parent hospitals are cutting their labs’ budgets,” says Robert L. Michel, Editor-in-Chief of The Dark Report. “And the good news is, the methods used by the lab teams at Henry Ford Health System and Saint Francis Health System can work just as well in other laboratories, whether small, medium, large, or multi-site—yielding big results in just weeks.”

To give lab teams a fast start on their own projects to obtain cash through better inventory management, DarkDaily has arranged a special 90-minute webinar titled “Your Clinical Lab’s Opportunity to Capture $100K-$500K in Wasted Spending: Proven Steps to Improve Inventory Management, Free Up Cash, and Increase Lab Performance.” This webinar will take place Wednesday, January 13, at 1 PM EST, featuring presenters Sharon Cox, MT(ASCP)SC, Core Laboratory Supervisor with Saint Francis Hospital in Tulsa, OK, and Rita D’Angelo, MS, ASQ, CQE, LSSBB, President and CEO of D’Angelo Advantage in Gibraltar, MI, formerly with Henry Ford Health System in Detroit. These two experts bring to the webinar tremendous combined successful experience at applying unique approaches to laboratory inventory management, using powerful cost-cutting tools that can result in astonishing cost savings and productivity improvements within weeks following a lab’s implementation.

During this essential webinar, participants will hear about these same fast and easy tools, achievable by an existing lab team in just a few weeks. The simple but powerful secrets offer another key benefit: laboratories will be able to cut costs without the need to lay off staff, reduce services, or implement other unpopular cost-cutting options.

Among the valuable information to be presented during this 90-minute session:

  • How labs can reduce costly inventory errors through the supply chain
  • How to prevent stock outages and thus eliminate late night calls about an item being out of stock
  • How to cut labor costs, including those of lab personnel and others
  • Reducing the amount of inventory held on hand
  • Clearing inventory space for repurposing and more efficient use
  • Slashing shipping costs, both overnight costs and overall costs
  • How the productivity of lab staff can be increased, freeing them for more meaningful work than inventory management
  • And many more time- and money-saving results

As an extra value-added benefit of this webinar, the end of the session will be opened up for a live Q&A. For more information about “Your Clinical Lab’s Opportunity to Capture $100K-$500K in Wasted Spending: Proven Steps to Improve Inventory Management, Free Up Cash, and Increase Lab Performance” and to view webinar details including presenter biographies and pricing, visit You may also contact Ron Martin at 512-264-7103.

For additional information, Contact: Ron Martin, 512-264-7103


Established in 1995, THE DARK REPORT is the leading source of exclusive business intelligence for laboratory CEOs, COOs, CFOs, Pathologists and Senior industry executives. It is widely read by leaders in laboratory medicine and diagnostics. The Dark Report produces the famous Executive War College on Laboratory and Pathology Management every spring, which showcases innovations by the nation’s and globe’s leading laboratory organizations. Dark Daily is an Internet-based e-briefing intelligence service, read worldwide by thought leaders in laboratory and pathology management. Other well-known conferences conducted by THE DARK REPORT are Lab Quality Confab (on the use of Lean and Six Sigma methods in labs and hospitals) and Molecular Summit (on the integration of in vivo and in vitro diagnostics). THE DARK REPORT co-produces Frontiers in Laboratory Medicine annually in the United Kingdom; Executive Edge bi-annually in Canada; and The Business of Pathology bi-annually in Australia.