Financial strategic impact on clinical laboratory managers - A review

Abstract

The cost of operating a clinical lab where cost containment remains a major challenge is to be maintained in conjunction with smooth running of laboratory operations. This study aimed to account the results of service cost using workload-based costing in clinical laboratories. The review aimed at establishing cost containment strategies of all lab test services based on workload of the technical team in a clinical lab. Articles were searched in online databases, such as PUBMED, MEDLINE and Google scholar using keywords “financial, strategic, impact, clinical laboratory, managers.” Manual Search of Journals were also done. Articles were reviewed and analysed. The relevant articles were reviewed which showed the value analysis of lab services and its costs along with technical staff workload provides insights on the relationship between variables and the uncertainty of financial strategic effects.