AUSTIN, Texas--(EON: Enhanced Online News)--Cost-cutting is a priority at every clinical laboratory and anatomic pathology practice across the U.S., as hospitals continue to decrease lab budgets and payers relentlessly reimburse less money for lab tests.
Confronted with shrinking budgets and falling revenue, lab managers are doing the rational thing by putting more resources into cutting costs, improving staff productivity, and reducing errors. But many approaches to reducing a lab’s cost are just temporary ‘solutions’ to deeper problems that cost the lab big dollars, and which go unrecognized and unmeasured.
“Sources of recurring bad quality can eat between 8% and 15% of a lab’s labor costs—day in and day out,” said Robert L. Michel, Editor-In-Chief of The Dark Report. “This is because most lab teams lack training in two essential skills: how to recognize recurring bad quality, and how to permanently correct those problems.”
The urgent need for smart cost-cutting is why it is timely for all lab managers to gain proficiency in recognizing recurring bad quality, along with the steps needed to eliminate its sources in the daily operation of their labs. This knowledge, plus vital techniques and tools for implementation will be presented in a new webinar entitled, “Reality Check on the True Cost of Recurring Bad Quality in Your Lab—How to Find It, Fix It, and Sustain Major Cost Savings.” The Dark Report and Dark Daily will present this webinar Tuesday, February 21, at 1 pm EST.
Listeners will hear from two leading experts in laboratory operational improvement and quality management solutions, as they discuss the reality of recurring bad quality in the laboratory, and how to identify it, correct it, and achieve dramatic cost savings. Topics covered will include:
- Mastering effective ways to identify the sources of recurring bad quality in the lab
- Understanding how to accurately measure sources of recurring bad quality, and calculating potential savings from fixing those problems
- Identifying and correcting systemic failures external to the lab that generate waste and cause ongoing errors
- Why the lab budget does not have a “failure costs” category and how those expenses are added to the current operational budget and lab performance
- The four primary sources of bad quality costs in the lab, along with key activities associated with each source
- Calculating both failure and quality costs, and how to use that data to remove sources of bad quality
At the conclusion of the presentation there will be a Q&A period during which participants can submit their own specific questions to the panel. For more information about “Reality Check on the True Cost of Recurring Bad Quality in Your Lab—How to Find It, Fix It, and Sustain Major Cost Savings,” and to view webinar details including presenter biographies and pricing, click here.