Why Clinical Laboratory Managers and Pathologists Are Using Performance Data Systems and Business Intelligence to Boost Productivity and Quality

Real-time data feeds give managers a view on turnaround time, physician ordering patterns, staffing levels, workload, specimen quality, and instrument performance

Financial pressures are intensifying at the nation’s clinical laboratories. This is particularly true of the labs serving hospitals and health systems. Declining inpatient volume and less revenue per inpatient admission are reasons why hospital lab budgets are shrinking.

These trends mean clinical lab administrators and pathologists are being asked to do more with less. To meet this challenge, many lab organizations are acquiring real-time analysis tools and management dashboard systems to help managers identify opportunities to slash lab expenses, while boosting productivity and client satisfaction. (more…)