5 WAYS TO UTILIZE DATA IN THE LAB
Laboratories serving non-acute healthcare providers need current, accurate and trusted data to make informed decisions. The lab—like other aspects of a clinical business—needs the ability to gather, integrate and analyze data. Organizations that can fully optimize their data see five high-value benefits:
- Uncover hidden costs created by test kits that are sent out, but never returned. This allows for better resource allocation and cost management by giving lab stakeholders visibility into the expense of test kits. The insights can also inform strategies for shipping test kits.
- Create data points to fully optimize the ratio of test kit output to inflow. The data gives stakeholders an understanding of the number of kits being sent out and related costs, versus the number being returned for testing. Labs can use the data to ensure their resources are used efficiently, reducing waste and enhancing overall lab productivity.
- Identify profitability on a shipment-by-shipment basis. Timely data offers a granular view into individual shipments to identify which are the most profitable—and which are or are at risk of losing money or not meeting profitability expectations.
- Simplify workflow management to remove constraints on lab staff. Data can automate routine tasks and optimize scheduling, which reduces the manual workload on lab staff and streamlines workflow management. This simplification allows staff to focus on more complex tasks and improves overall efficiency and productivity within the lab.
- Maximize efficiency of the testing process by having the most optimal delivery times. Labs benefit from ensuring timely processing and reducing delays, which together lead to faster results and improved patient care.
