Physician Office
Laboratory Management (POL)
Private practices and provider groups understand the potential to improve clinical turnaround times and capture additional revenue streams with the addition of an on-site pathology laboratory.
At ECPC, we’ve developed a customized, multi-step collaborative process to establish and manage on-site laboratories right in your office.
We combine the talents of our highly-specialized medical team — bringing over 100 years of combined clinical experience overseeing hospital and provider labs — with a network of experts in laboratory construction, IT, billing and legal matters.
Turnkey Laboratory Solutions for Providers
Leveraging our team of pathologists, physician assistants, and specialists, we work with our partners to:
● Identify physical space within their practice for the build-out of the lab
● Enlist specialists who can help make decisions around equipment, fit-out, and ventilation
● Identify and meet any necessary code and regulatory requirements, including state inspections
● Manage lab construction, legal matters, IT, billing and operations
● Find and hire an experienced histotech who will run the lab as an employee of the physician practice
● Establish an ongoing, collaborative, patient-focused relationship with ECPC’s pathologists
● Provide customized reports and interface with office EMRs
On-Site Labs: Our Discovery Process
To better estimate return on investment, ECPC begins each engagement with an in-depth discovery process. We start with a full confidential business review that includes factors such as the number of specimens generated by the office, patient volume and payer mix. This pro forma process helps providers better understand the potential profitability of their new lab.
Equally essential to this discovery phase is the human element of our collaboration: Getting to know our clients, understanding their specific goals and creating mutual understanding. Our goal is to build a strong partnership that guides the process and the ongoing relationship.
Results: Improved clinical turnaround times and reduced costs
While the motivations for owning and operating a physician-owned lab vary, practices typically see improved clinical turnaround time and new revenue streams for tissue processing. They also benefit from the highest standard of quality reporting and easy access to pathologists. The end result is cost-effective and comprehensive clinical care.
By working in an outpatient office setting, our partners avoid additional hospital fees. ECPC also helps to streamline payer management, minimizing professional and technical billing problems and eliminating losses from accounts payable, which typically average 10 percent for most offices.
Case Studies
Lab Management Inquiries
Would you like to learn more about our expertise, process and capabilities? Contact us today to schedule a discussion about your laboratory needs.