Most Clinical Laboratories and Pathology Groups are Under Pressure to Cut Costs and Deal with Shrinking Budgets for 2015

The challenge facing medical lab managers and pathologists is to intelligently cut costs in their labs without laying off med techs, histotechs, and other lab scientists By any measure, this year’s budget season is a tough one for the nation’s clinical laboratories and pathology groups. Most labs are scrambling to adjust to reduced reimbursement and directives from their parent hospitals and health systems to shrink their lab budgets for 2015. It’s why smart cost-cutting tops the list of...

Hit by Lower Lab Test Prices, Nation’s Clinical Pathology Laboratories Embark on Cost-Cutting Programs

Many hospital outreach lab programs are dealing with the double whammy of successive reductions in Medicare Part B Clinical Laboratory Test fees and a shrinking budget by their parent hospitals Over the past 24 months, all the painful cuts to lab test prices have made depressing news. These decreases in the prices paid to clinical laboratories by the Medicare program and major private health insurers mean that labs in 2014 will have significantly less revenue, even as the volume of specimens...

Lab Operations and Cost-Cutting Breakthroughs Get Center Stage in Atlanta

Lean Six Sigma and other methods helping laboratories cut costs and boost quality “Cash is King!” aptly describes how most clinical labs and pathology groups are working to squeeze additional cost savings from operations during the final months of 2009. In fact, with a full quarter left in the year, nimble lab executives and managers still have plenty of remaining time to implement cost-saving initiatives that can produce savings of several tens of thousands of dollars less than budgeted...

New Zealand’s Health System Walks Pathology/Lab Testing Tightrope

Government efforts to reduce funding for lab tests may boomerang in coming years Dateline: Christchurch, New Zealand-Here in the land of kiwis and enthusiastic rugby fans, pathology and laboratory services don’t seem to get much respect from regional health districts of the New Zealand Department of Health. There are fears that too much of this type of budget cutting will undermine the quality of laboratory testing in those communities. In at least two major metropolitan regions of New...
;