Sonic Healthcare partners with health systems in 3 important ways to add value 

             Value Creation Diagram  
  1. Increase health system revenues
  2. Reduce inpatient laboratory testing costs
  3. Reduce downstream Healthcare costs
     

 

The changes in the healthcare system demand that healthcare providers improve care coordination across the full spectrum of the health system, utilizing outcome driven, evidence based medicine while engaging patients more fully in the process. To reduce overall healthcare costs, there must be greater focus on population health management, while maintaining individual care.

Sonic Healthcare understands the pressures under which health systems must operate today and has developed a laboratory program to address the changes in the healthcare environment that decreases a health system's overall laboratory spend, while reducing expensive downstream healthcare costs.

Conferring docs Happy couple on porch Happy female patient
     

As health systems move to an outcome driven reimbursement model that emphasizes value over volume, senior management at many health systems are embracing new ways of supporting key hospital service lines.

Sonic Healthcare has experience with hospitals around the world.  For more than 30 years we have been helping health systems maximize revenue and profitability while mitigating their risk. We do this through our Hospital Lab Partnership Program, we call LabSynergy™.

This partnership takes several forms and is customizable to fit our hospital partner's varied needs. Please review the challenges and solutions below. If these issues sound familiar, Sonic Healthcare is ready to help and we would welcome the opportunity to discuss the many ways we can assist your system's lab in the confusing and complicated environment we see today and tomorrow.  
       

Hospital Laboratory Capabilities   

Most hospitals have

  • A significant capital investment in their laboratories
  • Significant unused testing capacity
  • Higher levels of service to local physicians
  • Relatively high fixed costs (labor, equipment, etc.)

 

Most hospitals can easily handle additional outreach lab test volume, however they have difficulty providing:

  • Competitive outreach lab services
  • EMR connectivity
  • Account retention/client services
  • PSC and courier networks

 

Hospital labs compete with other hospital service lines for:

  • Limited capital
  • Administration attention
  • Other resources (e.g. IT)
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