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Broward Health’s Lab Pursues Multiple Ways to Cut Lab Costs

Lab’s collaboration with physicians generates significant cost savings

CEO SUMMARY: Tasked with cutting $2 million from their lab’s annual operating budget, the lab team at Broward Health System instituted changes that included a lab test formulary and ordering algorithms. In collaboration with physicians, these changes reduced the use of outmoded tests while ensuring that the correct test or blood product was ordered for …

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