INSYNCDX Solutions

Year: 2020

Variety is the spice of life, but the ingredient can be costly for healthcare

With today’s focus on individualized, patient-centric medicine, some degree of care variation is desirable. But non–value-added variability can result in unnecessary costs for patients and payers. Reevaluating how diagnostic guidelines are developed and used can lower costs while helping providers to improve outcomes. In 1785, William Cowpers penned “The Task,”...

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Labacoeconomics™: Applying the concept of pharmacoeconomics to the clinical laboratory

For decades, stakeholders throughout the healthcare industry have used the discipline of pharmacoeconomics to measure and compare the costs and consequences of pharmaceutical products. By applying a similar concept called labacoeconomicsTM to their clinical laboratory’s services, hospitals and health systems can significantly improve their financial performance while providing a...

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