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  Want to know where your laboratory stands? Want to identify cost saving opportunities for your laboratory. Want to know your investment needed in time, money, and resources to get where you want to be?
 
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Yet another innovation from Management Decision Systems: The Laboratory Business Calculator examines your laboratory operations and ranks you within your peer group in eight critical areas of labor utilization, skill mix, supply cost, overall expense per billable test, bottom-line contribution and service level performance. Via your answers to twelve questions, and a series of complex calculations, MDS builds you a business case backed up with practical, proven data and recommendations.
 
Your laboratory operations are likely to possess costly gaps from staffing, supply costs, expensive capital equipment investments, poor space/workflow design, excessive ordering practices and growing regulatory compliance demands. The costs aren't isolated to islands of less-than-optimized people, processes, expectations and supply chain technologies. There are additional costs associated with less-than-optimized production processes, unmet service delivery demands and poor customer service. Once you see the hard dollar opportunities resulting from output of the MDS Business Calculator analysis, if you don't get excited about a laboratory production & service initiative, we may have to check your pulse!  
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