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

Oct 6, 2014 | Laboratory News, Laboratory Operations, Laboratory Pathology, Management & Operations

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...

Nation’s Clinical Laboratories and Pathology Groups Face Greatest Pressure to Cut Costs and Deliver More Value Than at Any Other Time in Past 25 Years

Sep 8, 2014 | Coding, Billing, and Collections, Compliance, Legal, and Malpractice, Instruments & Equipment, Laboratory Hiring & Human Resources, Laboratory Instruments & Laboratory Equipment, Laboratory Management and Operations, Laboratory News, Laboratory Operations, Laboratory Pathology, News From Dark Daily

Blame it on shrinking hospital budgets and reduced lab testing prices; successful labs are using Lean, Six Sigma, and process improvement to reduce expenses and boost quality Topic number one at clinical laboratories and anatomic pathology groups across the nation is cost-cutting, for two reasons. First, it is budget time at hospitals and labs are being told to aggressively reduce their costs in 2015. Second, health insurers are paying less for medical lab testing. Simply said, labs are...

Important Trends Point to Cloudy Future for Clinical Laboratories and Pathology Groups in the United States

Apr 3, 2013 | Coding, Billing, and Collections, Compliance, Legal, and Malpractice, Digital Pathology, Instruments & Equipment, Laboratory Hiring & Human Resources, Laboratory News, Laboratory Operations, Laboratory Pathology, Laboratory Sales and Marketing, Managed Care Contracts & Payer Reimbursement, Management & Operations, News From Dark Daily

Financial and clinical fortunes may soon shift for many medical laboratory organizations By every measure, the clinical laboratory industry is entering a high-stakes period during the next 24 months. Powerful trends are reducing lab budgets and payers are cutting the prices paid for medical laboratory testing. The question on everyone’s mind is “will it get better or worse in the months ahead?” This question will be asked plenty of times to speakers at the nation’s largest gathering of...

In the United Kingdom, Pathology and Medical Laboratory Testing Face Tough Challenges as the NHS Implements Reforms and Budget Cuts

Jan 11, 2012 | Laboratory News, Laboratory Pathology, Management & Operations, News From Dark Daily

Innovative pathology laboratory organizations in the UK and Europe will come together at the Frontiers in Laboratory Medicine (FiLM) conference on January 31-February 1, 2012 For decades, the pathology and medical laboratory service in the United Kingdom has been the envy of many developed nations. But times change and the National Health Service (NHS) finds itself coping with increased demand, shrinking budgets, and soaring healthcare costs. As a result, the NHS is asking pathology testing...