How to Make Smart Insourcing and Outsourcing Decisions for Hospital Laboratory Services

 

Does your lab currently obtain tests or other services from an outside vendor that could potentially be insourced? Or has your lab or hospital considered outsourcing some or all lab services to an outside company? These types of decisions are extremely common throughout healthcare, and they’re often driven by top-down financial analyses, which, in some cases, leads to disastrous outcomes. This presentation will provide examples from healthcare and other industries to show how a more holistic approach to cost analysis can lead to better insourcing and outsourcing decisions.

This video lecture is part one of a three-part series entitled "Don't Sell Your Lab Short."




Originally presented on May 9, 2019, in Salt Lake City, Utah.

Lecture Presenter

Brian R. Jackson, MD, MS

Brian R. Jackson, MD, MS

Medical Director, Business Development, IT, and Support Services
ARUP Laboratories
Pathology - Associate Professor (Clinical)
Biomedical Informatics - Adjunct Associate Professor
University of Utah School of Medicine

Dr. Jackson directs informatics efforts at ARUP, including ARUP Consult®, charting, and software product management. He is the medical director for Business Development, Support Services and IT at ARUP and an associate professor of pathology (clinical) at the University of Utah School of Medicine. He received his BA in mathematics, his MS in medical informatics, and his MD from the University of Utah, and completed a clinical pathology residency at Dartmouth-Hitchcock Medical Center. Prior to his employment at ARUP, Dr. Jackson was a staff clinical pathologist and informaticist at Dartmouth-Hitchcock Medical Center, a product manager for a Belgium-based medical software firm, and a National Library of Medicine informatics fellow at the University of Utah. Dr. Jackson’s research interests include economic analysis of diagnostic testing, physician utilization of laboratory tests, and corporate social responsibility in healthcare. He is certified in clinical pathology by the American Board of Pathology.

Objectives

After this presentation, participants will be able to:

  • Identify key cost drivers that don’t show up on a lab’s financial statements
  • Recognize common sourcing errors made by healthcare administrators, along with potential consequences
  • Identify ways to manage key clinical and financial stakeholders; how to balance their needs and interests

Sponsored by:

University of Utah School of Medicine, Department of Pathology, and ARUP Laboratories