Free Webinar ! Bracing for Impact: Health Care Reform’s Negative Impact on Laboratory Reimbursement

Now Available in The Knowledge Center!

Health system and hospital executives are preparing for the potential impact that price transparency will have on already rapidly decreasing operating margins. Among service lines, the $75 billon dollar market for clinical laboratory services will be among the most scrutinized as payment reform legislation will reduce reimbursement by up to $5.14 billion from 2017-2026. Increased consumer awareness around pricing as well as regulatory legislation are forcing the laboratory service line to be prioritized as a strategic focus to minimize impact to patient service delivery and, at the same time, protect the bottom line. What strategies are most effective in a proactive approach? Join this session to identify ways to prepare for this laboratory industry paradigm shift including:

  • How to best determine the laboratory’s role in hospital or health system-wide strategies.
  • Tools that can be developed to assess the risk of price gaps and managed care reductions.
  • Potential new revenue streams to evaluate and offset revenue reductions.
Presented by Jeffrey Myers, CFO and VP of Financial Services