Over the past decade, U.S. Health Care Reform has been driving significant change in the way care is organized, financed, and delivered. The mission of each legislative element has been to transform the current volume-based delivery model into a value-based (or evidence-based) healthcare system.
Laboratory testing plays a critical role in health care. It is estimated that 70-80% of all medical decisions are based on lab results.1 Despite this scope of influence, spending on laboratory services accounts for only 2.3% of total U.S. health care expenditures.2 The notion that a medical laboratory provides high clinical value at a relatively low cost has become the blueprint for effective change.
With evaluation and management reimbursements shrinking, physicians are actively searching for alternative revenue sources to help sustain and grow their practice. A physician office laboratory (POL), when setup correctly, enhances both the quality of care and bottom-line performance of a practice.
Clinical Laboratory Consultants work with senior management to identify, implement, and optimize the “most appropriate” solutions based on their unique patient data and volume requirements.