National Reference Labs Expand Their PSC Footprint in Groceries & Retail Pharmacy

TheDark Daily recently discussed the accelerated pace of patient service center (PSC) development by Quest and LabCorp (see:Quest Diagnostics and LabCorp Ink Deals to Put Patient Services Centers in Grocery Stores and Retail Pharmacies, But Not for the Same Reasons as Theranos). This trend started in Arizona and California in relationship to Theranos' ill-fated expansion but is now spreading to other states. Below is an excerpt from the article:Greater use of retail stores as the location for patient services centers (PSCs) may be an important new trend for the clinical laboratory industry. That ’s because, historically, medical laboratories placed most of their patient service centers in hospital campuses or near medical office buildings. However, in recent months, both of the nation’s billion-dollar lab companies signed deals with national retailers to put patient service centers in t heir stores.Dark Daily believes that the motivation for a lab company to put a PSC into a grocery store or retail pharmacy is to make it easier and more convenient for a patient to get their specimen collected at a location that is closer to their home or office. In other words, it is faster for the patient to get to their nearest grocery store for a blood draw than to travel to the hospital campus in their community.I would like to dwell here on the strategic implications of this expanding number of PSCs by the two large national reference labs. Much of their lab testing busines...
Source: Lab Soft News - Category: Laboratory Medicine Authors: Tags: Clinical Lab Industry News Clinical Lab Testing Electronic Health Record (EHR) Healthcare Delivery Healthcare Insurance Lab Industry Trends Medical Consumerism Telemedicine Source Type: blogs