Tough Economic Times Motivate Hospitals to Migrate Away from Unprofitable Clinical Service Lines
Clinical laboratory outreach programs gain favor because of many clinical benefits—along with healthy profit margins
In the wake of the severe recession and weak recovery, hospitals across the country recognized they could no longer carry unprofitable programs. That is why, in recent years, a growing number of hospitals reduced or discontinued unprofitable services even as the number of hospital clinical laboratory outreach programs increased.
During this same time, the hospital industry actively expanded into lucrative lines of business, such as clinical laboratory testing. This is an auspicious trend for pathologists and medical laboratories, particularly those who work for hospitals and health systems.
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