Question:

What services do you expect will rebound more quickly as the pandemic eases? How can labs prepare for increased service volumes?

Answer:

Individuals have stayed away from seeking general healthcare as there has been a fear factor associated with a potential for exposure in healthcare settings—such as a physician office or hospital waiting area—where it is suspected that COVID-19 may be present. Outpatient diagnostics are coming back—but slowly. When people present for treatment, they are typically sicker and require more diagnostic services. Thus, laboratories need to be prepared to manage on reduced budgets. For many labs, COVID-19 testing will most likely remain high, but the cost of the testing may make it difficult to be profitable.

Facebook
Twitter
LinkedIn

CPT® copyright 2024 American Medical Association (AMA). All rights reserved.

Fee schedules, relative value units, conversion factors and/or related components are not assigned by the AMA, are not part of CPT, and the AMA is not recommending their use. The AMA does not directly or indirectly practice medicine or dispense medical services. The AMA assumes no liability for data contained or not contained herein.

CPT is a registered trademark of the American Medical Association.

CYBER WEEK IS HERE! Don’t miss your chance to get 20% off now until Dec. 2 with code CYBER24