Application Note: The Value of Data in the New Healthcare Model
19 May 2014
The ongoing shift from fee-for-service reimbursements to value-based payment models has put a spotlight on the need to maximize the value of your clinical data. This data plays a pivotal role in three cost-saving areas: controlling waste, reducing excess test utilization, and supporting quality patient outcomes. To ensure your lab’s significance in the new healthcare model, you must strategically and proactively monitor and utilize your clinical data in ways that improve patient outcomes and save healthcare dollars.