Healthcare reform is advancing through targeted improvements, with lab benefits management (LBM) addressing a critical gap in how lab testing is used and managed. As Kristie Ressler, DO, Chief Medical Officer of Avalon Healthcare Solutions, explains, despite over $100 billion in annual spending and its influence on most clinical decisions, lab testing is often redundant or unnecessary. LBM introduces oversight to ensure appropriate, evidence-based testing, reduce waste, and guide patients to cost-effective, high-quality labs while improving transparency across stakeholders.
LBM also enhances access, streamlines prior authorization, and leverages data to support more precise, personalized care. By reducing inappropriate testing and enabling better clinical decisions, it improves patient safety and outcomes while supporting the shift to value-based care.
Read the full article to learn how LBM is advancing healthcare reform.