Despite national efforts and funding to automate the healthcare industry, more than 50 percent of all lab tests are still processed on paper. This is particularly true for small to mid-sized labs that think automation is too expensive. However, the true cost of paper extends beyond the obvious expenses such as printing, shipping, data entry, and staffing to include the hidden cost of human error, insurance denials, and unpaid claims.
What You Will Learn from This Webinar:
The talk will analyze the true cost of using manual paper requisition forms for laboratory testing, highlighting the financial and medical risks involved. The speakers will begin by providing the audience with an overview of the challenges of using paper-based processes. They will also discuss:
- How forgoing automation to save money may be costing labs and provide attendees with a breakdown of the hidden costs associated with paper processes
- Ongoing regulatory mandates compounding the costs of paper-based systems and further driving the need to convert to electronic processing
- Opportunities labs can take to cost-effectively use technology to move clinics off paper to drive compliance, quality, and economic value for their laboratory
Gregory A. Stein
Gregory is a serial entrepreneur and healthcare regulation expert, with more than 30 years’ experience in corporate, non-profit, and local, state, and federal governments. He brings diverse experience and a vast network of industry expertise to his role at Shadowbox.
Chief Commercial Officer
As Chief Commercial Officer at HealthRecon Connect, Rick Chitty has held senior leadership roles across multiple healthcare business platforms with private and Fortune 500 organizations. Working with larger groups such as LabCorp and Danaher, Rick brings experience and leadership in the areas of organizational and sales strategy, business planning, organizational design, product development, strategic partnerships, and M&A.