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A PROPATH Perspective …
Krista Crews Executive Director
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Keep in mind during these competitive times…
The playing field is always changing. A lab is not a lab is not a lab. You can distinguish yourself with important constituencies.
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Rules of the game … Payers will continue to look for and find ways to reduce reimbursement. Providers will continue to look for ways to augment their income – inside and outside of their specialty.
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The field is always changing …
The science of medicine New testing; new methods The business of medicine: new ways to expand a practice (or its income) Client billing In office clinical testing Pod laboratories In office anatomic pathology Next….
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Find ways to stay in the game!
Example: Remember when Paps were profitable? Commoditized Liquid-based entered and profitability returned Commoditization: Part II Redirect resources. Focus on other areas of specialization as battle sites change. Requires thought. Make the time.
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The game will change … again … and again …
Legislation Pricing Liability May not be the “easy money” it was made out to be
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A lab … is not a lab … is not a lab ...
Pathology group depth Collective in-house experience and training Ability to assess and monitor quality Special stain/study capabilities Patient safety through technology Barcoded requisitions, specimen containers, cassettes, slides Slide engravers to prevent manual labeling; duplicate handling Software/middleware for specimen and process tracking Advance technologies: RFID
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Distinguish yourself with other important constituencies …
Managed care Professional liability carriers Direct-to-patient Be visible. Be vocal.
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