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dc.contributor.authorExternal author(s) only
dc.date.accessioned2020-07-28T17:58:36Z
dc.date.available2020-07-28T17:58:36Z
dc.date.issued2020-06
dc.identifier.citationChristopher P Price, Patrick McGinley, Andrew St John. What is the return on investment for laboratory medicine? The antidote to silo budgeting in diagnostics. British Journal of Healthcare Management, Vol. 26, No. 6en
dc.identifier.issn13580574
dc.identifier.urihttps://oxfordhealth-nhs.archive.knowledgearc.net/handle/123456789/563
dc.description.abstractProcuring and managing diagnostic services, such as laboratory medicine, is generally based on cost and activity. Improving productivity of laboratory services therefore tends to focus on reducing the cost per test. However, this approach fails to recognise the impact of the test result on the other stakeholders involved in delivering care to the patient across the care pathway. Any assessment of the return on investment from a diagnostic service therefore needs to be undertaken together with a value proposition established for the service. This will enable the clinical, process and economic impact for all stakeholders to be assessed, which can then be used to develop an implementation plan that ensures the expectations of all stakeholders can be addressed.en
dc.description.sponsorshipSupported by the NIHRen
dc.description.urihttps://doi.org/10.12968/ bjhc.2019.0075en
dc.language.isoenen
dc.subjectReturn on Investment (ROI)en
dc.subjectDiagnostic Testingen
dc.subjectLaboratory Medicineen
dc.titleWhat is the return on investment for laboratory medicine? The antidote to silo budgeting in diagnosticsen
dc.typeArticleen


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