Optimizing the strategic value of your lab: Q&A with Noel Maring

Noel Maring, executive director of health systems at Labcorp, answers questions healthcare executives may have around optimizing the strategic value of their lab. 

How lab trends and an evolving healthcare landscape are shaping health systems' lab strategies

Historically, laboratories have been regarded as cost centers despite their key role in driving health outcomes and hospital revenues. Now that outlook is starting to change.

Population health tools: How lab data can help manage hepatitis C

Hepatitis C (Hep C or HCV) is a significant public health concern in the United States, with an estimated 2.4 million people living with the virus. Approximately 80% of people with hepatitis C have no symptoms and can live for years without knowing they have it. For the remaining 20%, symptoms can include poor appetite, nausea, vomiting and fever. As a result, there is no independent indication for a provider to order hepatitis C testing. Using Labcorp's population health tool, Insight Analytics, providers can generate a list of patients missing confirmatory testing. Providers can then contact individual patients to arrange a confirmatory test and follow-up care. 

Using clinical lab data to improve diabetes outcomes in underserved populations

More than 37 million Americans (more than 11% of the population) have diabetes.1 This statistic alone highlights the need to improve patient care, especially in underserved populations where incidence of the disease is high.

Panel: How Labcorp is investing in the future of healthcare by supporting a wide range of innovative solutions

Health and physician system leaders are facing unprecedented challenges while operating in an ever-evolving healthcare landscape. In support of Labcorp’s mission to improve health and improve lives, the Labcorp Venture Fund invests in early-stage private companies operating in strategic or adjacent spaces developing novel solutions to important problems in health and healthcare.

Advancing the health of underserved populations: How a lab can support community health initiatives

To learn more, watch the NAACOS webinar, featuring Linda Fraunhofer, Director of Population Health Initiatives at Labcorp.

Investing in the future of healthcare

Health and physician system leaders are facing unprecedented challenges while operating in an ever-evolving healthcare landscape. The Labcorp Venture Fund invests in early-stage private companies operating in strategic or adjacent spaces to develop novel solutions to important problems in health and healthcare.

An outreach lab partnership helps a major academic health system thrive

A multi-faceted relationship between a major academic health system and Labcorp has delivered significant operational, financial and clinical benefits for the system. In addition to creating a core lab and providing single-source responsibility for a wide range of laboratory testing, Labcorp supports academic research and facilitates access to clinical trials. The achievement of substantial savings has cemented the partnership between the two organizations.

Labcorp partnership delivers significant savings to regional health system

A large regional health system has saved more than $5 million a year on labor and supplies—and even more with capital expense avoidance—by partnering with Labcorp. Within a period of one year, Labcorp brought nine separate hospital laboratories together utilizing a single core lab along with hospital rapid-response labs, delivering savings on labor and supplies while achieving new levels of standardization. In 2020, the relationship between the two organizations became even more valuable as hospitals nationwide scrambled for lab services and supplies during the COVID-19 pandemic.

An academic medical center's 20+ year partnership with Labcorp continues to deliver quality

An academic medical center's joint venture with Labcorp, initiated more than 20 years ago, has resulted in significant savings for the medical center, as well as access to state-of-the-art equipment and diagnostic testing. The relationship enables the health system to focus on its core mission-patient care-while Labcorp deploys its expertise and industry strength to manage the lab on a daily basis, support new service lines and develop strategic plans for the future.