Press Release: White Paper provides laboratory professionals with insights to effectively transform their lab into a strategic unit that drives clinical and financial value for itself and for the organization it serves

PRESS RELEASE

THE DARK REPORT
21806 Briarcliff Dr.
Spicewood, TX 78669
512-264-7103 o
512-264-0969 f

FOR IMMEDIATE RELEASE

Media Contact: Liz Carey
lcarey@darkreport.com

AUSTIN, Texas (February 7, 2020) – Powerful forces are reshaping the clinical laboratory industry, making 2020 a critical year as hospitals determine whether retaining the laboratory in-house or selling it is the better path. Mergers, acquisitions, and joint ventures, along with the development of new testing technologies are but a few of the factors that have changed the profile of the medical laboratory footprint across the U.S. And now, downward reimbursement reform combined with impending integration of clinical care, promise to again challenge the traditional laboratory service model in significant ways beyond 2020.

“It is important for the laboratory professional to understand why selling the laboratory will not solve core problems like overutilization, low-value testing, inappropriate use of high-cost testing, and provider confusion over best test choice,” said Robert L. Michel, Editor-In-Chief of The Dark Report. “Rather, when action is taken to build value within the laboratory, the result is to sell significant change to the organization in the form of a reinvented, reinvigorated, test-optimized lab.”

To assist clinical labs and their leaders in rationalizing the laboratory’s value and relevance in ways that support lab value plus appropriate and high-quality patient care, fiscal strength, and program integrity for payers, The Dark Report is offering a recently published White Paper, “Clinical Laboratories Under Pressure: Exploring Options to Re-establish Critical Relevancy and Maintain Independence.” Published by Dark Daily, it is available free to laboratory professionals as a PDF download.

The White Paper provides a concise discussion regarding:

  • Why establishing the relevance of the clinical laboratory is more important than ever before, especially with the integration of care delivery and the shift away from fee-for-service payments
  • How retaining the clinical lab and committing to effective stewardship through better laboratory test utilization can positively impact not only clinical outcomes and financial performance, but also the viability of the organization as a whole
  • The three evidence-based categories of good stewardship—and the three critical stewardship functions that should be integrated into the lab’s operations plan
  • Addressing clinical laboratory waste through stewardship: four core test utilization patterns to monitor in order to identify gaps in care, and to develop tailored and specific strategies to manage overall test utilization
  • Insights into stewardship strategies that have worked for other laboratories, and how they have been able to reduce per-patient per-day tests, manage inappropriate test ordering, and more effectively utilize and redirect lab staff

Providing rich industry perspective and commentary on the use and value of decision support in building an effective laboratory stewardship program, the White Paper also highlights case-study proof points developed in collaboration with Mayo Clinic from early-adopter hospital laboratories—points that have successfully implemented third-party decision support to their value advantage.

Clinical Laboratories Under Pressure: Exploring Options to Re-establish Critical Relevancy and Maintain Independence” is part of the Dark Daily growing library of White Papers and other information resources tailored specifically for the needs of laboratory administrators, lab managers, pathologists, and lab industry consultants.

For additional information, Contact: Liz Carey, lcarey@darkreport.com

About The Dark Report

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 Precision Medicine Institute. The Dark Report co-produces Executive Edge bi-annually in Canada and The Business of Pathology bi-annually in Australia.

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