| Web: | mayocliniclabs.com |
|---|---|
| Email: | mcl@mayo.edu |
| Telephone: | 800-533-1710 |
| International: | +1 855-379-3115 |
| Values are valid only on day of printing | |
| Web: | mayocliniclabs.com |
|---|---|
| Email: | mcl@mayo.edu |
| Telephone: | 800-533-1710 |
| International: | +1 855-379-3115 |
| Values are valid only on day of printing | |
Elevate patient outcomes and cost efficiencies
When lab specialists are accessible for timely consultations on matters like test ordering and interpretations, patient outcomes tend to improve. A survey of infectious disease physicians revealed that almost 90% of respondents viewed onsite lab services as essential for accurate diagnostic reporting and effective collaboration with other specialists. Another study indicated that having an onsite lab could prevent delays in identifying urgent issues such as sepsis. Additionally, each day lab results are delayed, the risk of extended hospital stays increases.
From a financial perspective, selling lab operations can lead to unexpected costs, such as sudden test price increases and additional fees. By contrast, maintaining control of your lab may help keep test costs more predictable and ensure that orders are more purpose-driven.
“Pathology and laboratory medicine is a highly consultative practice. I spend a lot of my time with other Mayo Clinic physicians talking about their case, talking about their patient, talking about the best way to use the test. All of that knowledge is created because we’re integrated in the hospital environment.”
William Morice II, M.D., Ph.D., president and CEO at Mayo Clinic Laboratories
Cultivate your growth potential
To help hospital and lab leaders overcome uncertainty about the value of their laboratory and cultivate its growth potential, we’ve created this white paper with insights from Mayo Clinic Laboratories leaders and hospital collaborators.
Our white paper is a must-read for hospital administrators, laboratory leaders, and pathologists looking for guidance on the value of their hospital lab and how to maximize its potential through retaining ownership. In this white paper, readers learn:
Download now
Fill out the form to download our white paper, “Hospital-owned labs: Reducing costs, boosting revenue, improving care.”
“The hospital lab has to be there 24/7 to take care of the inpatients and the emergency department. So when you bring these additional volumes in, you’re using existing staff and equipment more effectively. That’s why it’s so profitable and why our outreach clients see between a 30 to 40% contribution margin. There truly is no other service line in an organization that provides that level of profitability.”
Jane Hermansen, manager of Outreach and Network Development at Mayo Clinic Laboratories
Why choose Mayo Clinic Laboratories?