Across Canada, Clinical Pathology Laboratories Are Adopting Different Operational Models to Deliver More Value to Clinicians
Because of successive decreases in budgets for clinical laboratory testing, many Canadian medical laboratories are engaging their staffs to innovate and introduce new value-added testing services
TORONTO, ONTARIO, CANADA—Traditional operational and business models for clinical laboratory testing are under siege here in Canada, just as they are in other developed nations across the globe. That was one important trend identified by multiple speakers at Executive Edge 2013, that took place Monday and Tuesday of this week.
During Monday morning’s opening session, a common point of emphasis was that simply consolidating specimens into large medical laboratory facilities as a way to achieve economies of scale and lower the average cost per test is fast becoming obsolete. All pathologists and clinical laboratory managers understand why this is true: payers can lower reimbursement for lab tests faster than labs can cut the costs of performing those tests. (more…)