“All For One” – “Safety in Numbers” – “United We Stand”
Have you considered a shared pathology lab to help your
practice’s economic viability? You really should.
Reimbursements continue to shrink while practice expenses continue to rise. What to do? You cannot see any more patients. Doing more procedures in your office means more work in an already jam-packed schedule.
You know larger specialty practices added a tissue pathology laboratory to increase revenues. However, your 2 or 3 man group cannot afford the expenses. IOP has a simple way to have all the benefits of a tissue pathology laboratory within your budget. It is called a Block Shared Lease Arrangement. This totally compliant under Medicare.
What is it? Think “Time Share” for a tissue pathology laboratory. If two or three (or more) groups your size (not all in your specialty either) band together the aggregate will have the volume needed to open a shared tissue laboratory. Expenses are shared by each practice (rent, utilities, tech salaries, equipment, reagents, computer system, and lab director fees). Each group does their own billing and collections. IOP will do the cost accounting monthly for each group after the IOP 90-day laboratory installation.
The main benefit is that you do not have to do any more work or see more patients. IOP has done several of these shared laboratories on the East Coast and in the Midwest. Call us today at 800.280.3785 for more details.
1340 Lakewood Drive
Lake Forest IL, 60045
(p) 800. 280.3785