Aug 21, 2013 | Laboratory Hiring & Human Resources, Laboratory News, Laboratory Operations, Laboratory Pathology, Managed Care Contracts & Payer Reimbursement, Management & Operations
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 to be tested increases.
The logical response by many medical laboratory organizations has been to take active steps to decrease expenses. In fact, the price and revenue erosion experienced by labs of all sizes and types over the past two years is the reason why cutting unnecessary costs is now a primary management goal at clinical laboratories throughout the United States. (more…)
Dec 8, 2009 | Laboratory Management and Operations, Laboratory Pathology
Top labs are leveraging Lean Six Sigma to Boost Performance and Profits
Clinical laboratories and pathology groups using Lean Six Sigma methods are blowing right past the dismal economy and posting strong improvements in operations and financial performance. In fact, at their most innovative, these laboratories are developing new global “best practices” in how they use Lean and Six Sigma.
Both Stegall and Sprick will share the hottest developments in how labs are benefiting from Lean Six Sigma.
“Laboratory professionals will be surprised at how fast Lean Six Sigma methods are transforming three areas of the lab,” stated Susan Stegall, Managing Partner at Sprick, Stegall and Associates, a laboratory management consulting firm based in Charlotte, North Carolina. “We see signs that the most proficient of these laboratories are performing at a ‘best practices’ level.
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