When it comes to running hospitals in a Core Lab/RRL model, we have successfully reduced IP and OP lab cost per test between 29% and 58%. The team of lab consultants at Valley Street Lab Partners has the expertise to deliver proven results to your organization. Adapting to the rapidly changing healthcare industry can create […]
Client: 378 bed multi-specialty (Heart & Vascular, Spine, Cancer, etc…) faith-based hospital in the Mid-west, part of a larger Catholic hospital organization. Service: Supply-chain consulting services for Point of Care Testing supplies, Outside Reference Labs and Blood Products. Results: $636K or 13.8% savings. Methods: In this case, all negotiations were with the incumbent suppliers and the pricing […]
Client: 238 bed multi-specialty children’s hospital in Southern California including a Level 2 Trauma Center. Service: Supply-chain consulting services for Reference Lab and Lab supplies. Results: $1.3M or 23% savings. Methods: In this engagement, we achieve these savings primarily through incumbent contract negotiation, trading out the primary reference lab, reduced inventory stocking levels, implemented supply management controls and […]
Client: Based in New York City, a 972 bed teaching hospital operating two divisions providing comprehensive psychiatric and chemical dependency programs, two specialized long-term care facilities, and an extensive set of medical practices serving more than one million patient visits annually. It is among the busiest emergency rooms in NY State with more than 140,000 […]
Recent Case Studies
Amid a highly competitive healthcare environment, you won’t find a more skilled consultant in our industry who understands the path that hospitals, health systems, and their laboratories must trod down in order to be relevant.