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Dr. Morice details how hospitals can maximize the value of their labs

William Morice II, M.D., Ph.D.

William Morice II, M.D., Ph.D., president and chief executive officer of Mayo Clinic Laboratories, is a contributing author on In his latest article, he describes the untapped potential of hospital laboratories and how health systems can maximize the value of their labs.

Dr. Morice explains why some hospitals are struggling with the decisions of keeping their lab services in-house and retaining ownership.

“Amid these financial pressures, hospital leaders have considered outsourcing lab services to commercial laboratories that offer a short-term infusion of capital and the lowest per-test prices,” says Dr. Morice. “But before making such moves, it is important to consider the central role their lab plays in delivering on their promise to deliver high-quality care to the patients they serve, and how it can be a revenue generator for their organization.”

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Luci Gens

Luci Gens is a senior marketing specialist at Mayo Clinic Laboratories. She joined Mayo Clinic in 2022 and has over ten years of experience in hospital-based marketing and communications.