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Preparing Clinical Laboratories for Value-Based Care -- Clinical Lab 2.0 roundtable

It’s no secret clinical laboratories are navigating an increasingly complex reimbursement landscape. However, beyond the current debates over clinical utility and test utilization lies a larger foundational shift: the move from fee-for-service payments to value-based care. With some experts projecting 100% of Medicare reimbursements could be value-based by 2030, now is the time to begin preparing your lab to adapt and thrive in this new environment. This roundtable discussion features Khosrow Shotorbani, President and Executive Director, and Dr. James Crawford, Chair, BOD, of Clinical Lab 2.0 (Project Santa Fe Foundation), a coalition of laboratory leaders whose goal is to create a disruptive value paradigm and explore alternative business models that expand the role of diagnostic services in the future healthcare ecosystem. Below are highlights from the discussion: -Speaker introductions: 0:33 -About Lighthouse: 4:56 -Intro to Clinical Lab 2.0: 5:37 -Defining fee-for-service and value-based care: 6:40 -Tension of the current clinical lab business model: 7:42 -Predictions for payments by 2030: 9:47 -Mission of Project Santa Fe: 11:07 -Lab Driven Care Models: 12:50 -The transition from volume to value: 18:20 -Roundtable discussion and audience Q&A: 26:20 #valuebasedcare #medicallaboratory #medicallaboratoeysciencevideos #medicare #medicalinsurance #rcm #medicalbilling