Mayo Clinic Laboratories > Lab in action

Lab in action

Powering patient care and revenue growth

As the medical landscape evolves, a strong hospital laboratory is a pillar of stability. Time and again, hospitals that invest in their laboratories have proven the truth of this statement. 

The below stories, from Mayo Clinic Laboratories and hospitals we work with around the world, demonstrate that balancing strong financial performance and world-class patient care is possible.

Recognize your lab's potential

Hear from William Morice II, M.D., Ph.D., president and CEO of Mayo Clinic Laboratories, on why the hospital laboratory is an invaluable part of local healthcare delivery and financial stability.

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Success stories

Labs with robust outreach programs generate 15%–20% of total outpatient gross charges.1 These hospitals have invested in their labs, transforming them into top drivers of growth for their institutions.

Lab in the news

Awareness of the importance of the lab has increased exponentially since the COVID-19 pandemic. Our leaders share their insights on the latest lab trends.

Patient impact and innovation

The lab has more patient touchpoints than any other outpatient service line, and every test result has the potential to change the direction of a patient’s care. These stories highlight how patients are impacted every day by innovative, accurate testing.


References
  1. Medicare Cost Report data provided by Definitive HealthcareTM

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