A physician group practice was interested in opening a
moderately complex laboratory, but the practitioners were
uncertain where to begin. Recognizing the opportunity to enhance
patient care, improve turnaround time, and increase revenue,
the practice asked NECAPS GPO to assist them in establishing
the laboratory. NECAPS GPO realized that our organization
could help them achieve all these goals and more.
NECAPS GPO performed an extensive analysis of the group's
current needs and practices. We examined their existing test
send-out volumes, available space, staffing requirements,
regulatory and licensure issues, IT infrastructure, equipment
needs and revenue opportunities. The results of this analysis
indicated that the practice could accomplish their goals by
establishing an in-house laboratory and generate substantial
new revenue.
When the group joined NECAPS GPO, our industry experts worked
with them over the course of three months to design and construct
a laboratory, procure equipment at substantial discounts through
our Supplier Partners, develop a robust test menu, obtain
state licensure, hire and train lab employees, write procedure
manuals, assign QC protocols and finally, open for business.
Three years later, the lab continues to operate successfully
and efficiently, offers an expanded test menu and has become
a strong source of revenue for the practice. Other positive
outcomes of this project include:
- Improved turn-around-time
for test results
- Faster diagnosis
- Faster therapeutic response
- Improved patient satisfaction and retention
- Enhanced quality assurance
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