Laboratory of the Future

The pharmaceutical industry has faced significant criticism for the cost of therapeutic agents. Initially, these costs were justified on the basis of the expense involved in developing new treatments, which can easily run into hundreds of millions of dollars. The discipline of pharmacoeconomics was developed, in part, in response to that criticism. Pharmacoeconomic studies focus…

Using the technology of the future to describe the clinical laboratory of the future. As part of the preparation for a recent panel discussion at the Clinisys Client Summit regarding The Laboratory of the Future, my colleague, Lester Wold M.D., and I asked ChatGPT (a new AI application) for its description of the community laboratory of the future. We…

LabacoEconomics™ – A New and Necessary Concept For lab leaders industry-wide, the changing healthcare economy is top-of-mind as is adapting to it. Technology, business acumen, and data all serve as new points of departure in a lab’s quest to continually increase value, relevance and patient benefit. But until now, one broad concept has been left…