New Aims of Laboratory Consolidation

Historically, providers pursued laboratory consolidation as a cost reduction strategy, but optimizing laboratory quality and generating revenue have recently become a focus area. Download the briefing to learn about the pressure for laboratories to consolidate and learn five ways vendors can collaborate with provider integrated laboratory networks.

Key Takeaways

Consolidation strengthens providers' lab departments

Laboratory services consolidation is a strategic initiative for providers because of health reform's emphasis on reducing costs and enhancing quality. Providers usually pursue laboratory consolidation as a cost reduction strategy, but laboratory quality optimization and revenue generation have recently become focus areas as payment reform decreases reimbursement and rewards quality.

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