The Toolbox includes many resources related to Pillar 4: Lab Finance, and categorized into subtopics listed below. Check out this Intended Use document (pdf) to see a brief description of each item available. A supplementary References document (pdf) is also available.
Note: Any tools and/or resources used from this Toolkit should be adapted for you own laboratory or health system, as appropriate.
Tips and Recommendations
Use your organization’s tools listed in the document to advocate for funds and resources, like equipment and staffing.
Use verbiage in presentations, speaking and written, to better advocate for your laboratory’s needs.
Information
Additional definitions of financial indicators to prepare requests for funding.
Tools
Enter your data into the calculator to identify your productivity. “Productivity Notes” tab contains useful definitions and considerations for using the spreadsheet.
Can be used to determine Make vs. Buy (test in-house vs. send out), comparing platforms for the same test, comparing two different kits, etc.
Use this to track your analyzers and lifespan, creating a plan to replace one high dollar platform per year.
Outlay a plan for communications to promote visibility of the laboratory and gain stakeholder buy-in and interest in the laboratory.
Be the best place to work in pathology and laboratory medicine by cultivating diverse life-long learners and engaging and guiding the next generation of laboratory leaders, supervisors, managers, and MLS to build a culture of patient-focused lab advocates.
Strengthen the quality program throughout the department and enhance patient safety
Ensure that overall financial performance continues to keep pace with the operating and capital requirements needed to advance divisional and departmental mission and values.
Accelerate innovation and implement the best cutting-edge technologies throughout the laboratory to increase clinical volume, operational expansion, and geographic outreach.
Let’s put the Toolbox to work!
Outlay a plan for communications to promote visibility of the laboratory and gain stakeholder buy-in and interest in the laboratory.
Be the best place to work in pathology and laboratory medicine by cultivating diverse life-long learners and engaging and guiding the next generation of laboratory leaders, supervisors, managers, and MLS to build a culture of patient-focused lab advocates.
Strengthen the quality program throughout the department and enhance patient safety
Ensure that overall financial performance continues to keep pace with the operating and capital requirements needed to advance divisional and departmental mission and values.
Accelerate innovation and implement the best cutting-edge technologies throughout the laboratory to increase clinical volume, operational expansion, and geographic outreach.
Let’s put the Toolbox to work!
