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An estimated 70% of all decisions regarding a patient’s diagnosis and treatment, hospital admission and discharge are based on laboratory test results. Within the hospital, clinical labs are being impacted on two fronts. On the inpatient side, payment pressures are forcing labs to cut expenses. On the outpatient side, labs are confronting fee schedule reductions, a new bundled payment system and uncertainty about reimbursement rates.
Hospitals and Healthcare Systems need to drive value from their labs so as to remain profitable. During this session we delve into ways to improve patient experience while managing laboratory costs and remaining profitable.
Key points covered
Best practices for laboratory management
Quality of testing (access to the latest diagnostic technology)
Finding the right partner
Dr. Smothers is the Vice President and Chief Medical Officer at Adventist HealthCare Shady Grove Medical Center in Rockville, Maryland since March 2013. Dr. Smothers has more than 30 years of experience as a physician leader, with a proven track record in clinical quality and patient safety outcomes. He serves as the primary liaison between the medical staff, clinical leadership, and administrative team to improve customer service, clinical quality, and patient safety. In addition, he is a physician advisor resource to the care management team. Prior to joining Shady Grove, he was the Senior Vice President of Medical Affairs, Chief Medical Officer, and Chief Quality Officer at Carroll Hospital Center in Westminster, Md. Dr. Smothers earned his undergraduate degree at Brown University and medical degree at Stony Brook School of Medicine.
VP and Chief Medical Officer
Adventist HealthCare Shady Grove Medical Center