Use of Lab Data
The shift from fee-for-service to high value care presents new opportunities for enhancing patient care while utilizing resources more efficiently and effectively. Lab services provide crucial information that is integral to this shift.
Lab data is an essential component of high value care as it furnishes the majority of the objective data. It combines the expertise of lab and pharma professionals with that of clinicians to determine more effective diagnoses and therapeutic protocols. With the appropriate test data, earlier disease detection can be achieved, resulting in more effective and less expensive treatment.
Furthermore, healthcare insurers demand evidence that the therapy or intervention ordered will be effective. Lab data provides study results that can either demonstrate the value of a test or suggest a less expensive substitute that is equally effective.
