In this presentation, Ms. Comilla will discuss the approach LTS Health used to lead the UK NHS consolidation plan, which is transferable to USA health systems. The approach was initially applied to pathology labs and has now been extended to imaging, which has started Phase 1.
This consolidation plan had three phases:
Phase 1: Workforce efficiency benchmarking
Defining, collecting, and reporting the system operational metrics for 110 pathology service providers (laboratory systems). LTS Health also worked with each of the 110 providers to reduce the variances seen amongst the groups, yielding $40MM per year savings.
Phase 2: Consolidation
Through the creation of a national dataset, consolidation planning reduced 110 pathology service providers to only 29. LTS Health worked across health systems to identify the optimal locations to remain as full-service providers. This yielded additional yearly savings of $300MM.
Phase 3: Business process optimization
By working closely with each provider, LTS Health optimizes its processes based on individual requirements and challenges. This includes, but is not limited to, managing population cost variation, new reimbursement opportunities and the reduction of wasteful tests.
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