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A P RO P ATH Perspective …. Krista Crews Executive Director. 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. Rules of the game ….
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APROPATHPerspective … Krista Crews Executive Director
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.
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.
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….
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.
The game will change … again … and again … • Legislation • Pricing • Liability • May not be the “easy money” it was made out to be
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
Distinguish yourself with other important constituencies … • Managed care • Professional liability carriers • Direct-to-patient • Be visible. Be vocal.