|The clinical laboratory is essential in determining the diagnosis,
treatment and prognosis of our patients. It is estimated that the
information obtained from the clinical laboratory plays a pivotal
role in 60 – 70% of medical determinations. Near patient testing
allows more immediate decisions to be made by the practitioner
and also allows face to face interaction to be made with the
patient when explaining the laboratory test results. These
factors have been shown to increase patient compliance with
a therapeutic regimen. Rapid availability of laboratory test
results also enables more efficient use of practitioner time and
leads to a reduction in errors and omissions. Overall patient
satisfaction with the practitioner and the medical practice are
enhanced when laboratory testing results are delivered to the
patient in a timely fashion.
In order to provide on-site laboratory testing, cost benefit
ratios must be evaluated. Working with a laboratory financial
consultant COLA is pleased to offer our LabClarity Module to
assist your practice in performing this vital laboratory testing
cost analysis. The tool is designed for you to assess your
composite costs in providing a varying array of laboratory
tests through evaluating differing scenarios of procedure
methodology, personnel utilization, and reimbursement.
The goal is to assist you in planning new procedure/testing
implementation by providing profit/loss information for your
laboratory so that you can provide a maximum in near patient
testing in a cost efficacious manner.
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