Executive Summary: Strategies for Successful Laboratory Benefit Management (LBM)

Leveraging well established laboratory science, Avalon has developed and deployed a comprehensive Laboratory Benefit Management (LBM) solution to manage laboratory testing quality and spend on behalf of payers. Avalon’s solutions help payers transform their lab benefit from the old fee for service model to a Value Based Care model, delivering improved quality and significant laboratory cost reduction. Further, Avalon serves as a valuable resource for payers, providers, and patients as they navigate an increasingly complex and clinically challenging testing landscape.