News, Analysis, Trends, Management Innovations for
Clinical Laboratories and Pathology Groups

Hosted by Robert Michel

News, Analysis, Trends, Management Innovations for
Clinical Laboratories and Pathology Groups

Hosted by Robert Michel
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Laboratory Automation One Solution to Workforce Shortages in Clinical Pathology Laboratories

Gap between supply and demand for Medical Laboratory Technologists (MT) encourages greater use of laboratory automation

If there is a Sword of Damocles hanging over the heads of pathologists and clinical laboratory managers, it is the largest workforce shortage in the history of the medical laboratory industry. For 2011 and beyond, demand for skilled medical technologists (MT) and clinical laboratory scientists (CLS) will far outstrip supply.

Today, many hospital and health system laboratories operate short-staffed. They are unable to recruit and retain even the number of staff positions that are authorized and budgeted. In cases where a thriving hospital laboratory outreach program is generating substantial annual increases in the volume of specimens to be tested, the medical laboratory’s inability to recruit the additional MTs and CLSs required to handle this work creates a high-stress environment for everyone in the laboratory organization.

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Why Smart Medical Labs Are Collecting More Reimbursement during Today’s Tough Economy

Essential action area for clinical laboratory management and pathology management

With the American economy in a tailspin, payers and patients want to delay or avoid payment for laboratory testing services. That is not good news for clinical labs and pathology groups. It means their billing and collection departments must perform at an even more productive level just to stay even!

At the same time, during poor economic times, “cash is King!” Clinical laboratories and pathology groups can protect cash flow and increase their revenues by boosting the effectiveness of their billing/collection efforts. This is a proven management strategy. In response to the glum economic news of recent months, proactive clinical lab directors and pathologists have begun devoting more attention and resources to their laboratory’s billing and collection department.

A variety of experts in laboratory coding, billing and collections have been tapped to share their expertise at the upcoming 14th Annual Executive War College on Laboratory and Pathology Management . It takes place on April 28-29, 2009 at the Sheraton Hotel in New Orleans, Louisiana. These experts can help you take your lab’s coding/billing/collection performance to the next highest level. That means more cash flow and increased revenue just when it is most needed by your laboratory.

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