Specimen Storage: ings Lab Managers Should Start and Stop Doing by Michelle Urban
15/09/2015
Number 1:
Stop Associating Onsite With Free: Maybe you don't get a monthly bill, but the resources and space required to manage specimens onsite are expensive. Furthermore, onsite carries with it real opportunity costs as G2-Intelligence articulates in its most recent whitepaper: Although lab departments may not view in-house specimen storage as an expense, the broader organization does. Given an increasingly cost conscious environment due to declining reimbursements, organizations will be looking to identify opportunities for cost savings and increased revenue generation. This includes opportunities to more strategically allocate space and existing resources (dedicated to non-core onsite functions).
Start Conducting a Cost/Value Analysis: Explore the true costs of your existing onsite storage program. Consider the real estate as well as resource line items on your company budget. Next, evaluate opportunity costs. Identify how and where the existing storage space and supporting resources might be reallocated to advance the top priorities. For example, might the existing space be used to house new testing equipment or to support another critical function? Lastly, estimate and evaluate future storage demand. What will it cost you to add onsite space or acquire new space? With this information, you'll be able to compare the cost and value of onsite specimen storage against alternatives.
Number 2:
Stop Reactively Battling to Storage Growth: Space is finite, but your specimen archives continue to grow. Constantly shifting and moving specimens to different cabinets, rooms, departments or facilities, creates a routine headache, strains your employees bandwidth and introduces unnecessary risk into your storage program. What's more, it's a temporary fix. Whether you proactively make the decision now or later, there will come a point where you are faced with one of two decisions:
Take on the high cost of building out the proper storage environment or
Outsource storage.
Start Proactively Shifting to a Scalable Model: According to a recent study, only about 10 percent of all of slides and blocks are recalled at some point and most requests come within the first 3 years of slide/ block storage. Continue to store only the most recent (and active specimen) onsite. Centralize all other specimens with an offsite vendor that prepares the inventory for transport and provides pathology-specific storage environments that can easily scale to accommodate growing archives. This eliminates the shift and move headache , minimizes the risk of melting or degradation, and enables you to more strategically leverage your limited onsite people and real estate resources.
Number 3:
Stop Viewing Storage Like a Necessary Evil: Labs retention policies often dictate that specimens be retained for ten years or more, and, though most have clear policies in place, few destroy aggressively upon the expiration of the retention period.As few specimens are destroyed and many more are produced, it is not uncommon for storage to spill over into multiple rooms, departments, and buildings. These spaces vary in quality. Some are uniquely constructed for specimen storage while others are nothing more than an open basement. As a result, the specimens are exposed to varying degrees of risk and potential degradation. In this scenario, labs absorb the full cost and risk of retaining the specimens beyond the retention period, but do not fully exploit the value.
Start Exploring Storage as a Potential Revenue Stream: Research institutions, pharmaceutical companies, and biorepositories rely on access to specimen populations to secure grants and conduct mission critical research. As demand for these specimens increase, labs are uniquely positioned to fulfill it. Upon the expirations of the retention policy, de-identified specimens are eligible for sale. Labs should move to explore this increasing demand as a new revenue stream. However, in order to capitalize on this opportunity, labs will need to establish a storage infrastructure that consistently and effectively preserves specimen integrity. Criteria such as temperature monitoring, documented transportation, and handling processes will become increasing important as these things reduce likelihood of degradation.
Of course, all of these recommendations are easier said than done. Change is never easy. There is never enough budget to meet your goals. There is never enough time. There is always another more pressing initiative that will eclipse all others. However, the longer labs maintain the status quo, the more costly and inefficient legacy processes will become. By exploring these three Stop and Start recommendations, your lab can create a more manageable storage program that improves value and efficiency.
LINK: | http://blogs.ironmountain.com/2015/industry/healthcare-information-man... |
See more stories from ironmountain |
Most recent headlines
04/08/2024
Dalet Appoints Santiago Solanas as CEO to Lead Next Era of Growth and Innovation
Dalet, a leading technology and service provider for media-rich organizations, is excited to announce Santiago Solanas as its new Chief Executive Officer (CEO)....
03/06/2024
Dalet and Veritone Reach Agreement to Distribute, Transact and Monetize Media Archives
Dalet, a leading technology and service provider for media-rich organizations, a...
23/05/2024
How to color match broadcast cameras
How to color match broadcast cameras Brie Clayton May 23, 2024 0 Comments Ever wondered how to color match on two different high end broadcast cameras...
23/05/2024
Chyron Unlocks a Complete Newsroom in the Cloud With News Portfolio Updates
Chyron Unlocks a Complete Newsroom in the Cloud With News Portfolio Updates Brie Clayton May 23, 2024 0 Comments Based on a long-term, coordinated dev...
23/05/2024
Disney Looks Into NBA Stars' Minds to Promote Inside Out 2'
NBA legends Dwayne Wade and Carmelo Anthony are helping to promote Inside Out 2, the new film from Disney and Pixar, in commercials that are appearing during th...
23/05/2024
Walker' Finished at The CW
The CW drama Walker will not see a fifth season on the network. Inspired by the 90s crime drama Walker, Texas Ranger, the show premiered in 2021. Jared Padalec...
23/05/2024
Scripps Names Robin Davis Chief Distribution Officer
The E.W. Scripps Co. named Robin Davis senior VP, chief distribution officer, effective immediately....
23/05/2024
Season Two of Tina Fey Show You Never Heard Of On Netflix This Week
Season two of Mulligan, an animated comedy about people struggling to rebuild the planet after an alien attack, with a star-studded cast and producer group, deb...
23/05/2024
NewsNation Will Be 24/7 in June
NewsNation expands to a 24/7 programming schedule starting June 1. The network, part of Nexstar Media Group, will launch the final portion of its live news line...
23/05/2024
BrightLine Launches StreamLine For Self-Service Interactive CTV Ads
BrightLine, which provides interactive and shoppable advertising formats, said it launched StreamLine, a self-service system for creating dynamic commercials th...
23/05/2024
Nick Cannon Talk Show Launches on Prime Video Next Week
Nick Cannon will host a talk show on Prime Video and Amazon Freevee. Called Counsel Culture and based on his podcast of the same name, it premieres June 6. Ther...
23/05/2024
Leader Expands LVB440 IP Analyzer with New Measurement Tools
YOKOHAMA, Japan Leader Electronics has expanded the capabilities of its LVB440 IP Analyzer with extended support for the latest standards relating to object-bas...
23/05/2024
Meet the senior vice president, enterprise solutions architecture
Zeenal Thakare, senior vice president, enterprise solutions architecture at Ateliere Creative Technologies, explains why shes enjoying a front row seat to the o...
23/05/2024
UK broadcast CEOs call on parliament to pass Media Bill before dissolution
The Bill is currently at its third reading stage in the House of Lords By Jenny Priestley Published: May 23, 2024 The Bill is currently at its third re...
23/05/2024
Diamond Sports Group Inks New Deal with Fubo
SOUTHPORT, Conn. Diamond Sports Group has reached a multi-year renewal of its distribution agreement with FuboTV Inc. for the continued carriage of Diamond'...
23/05/2024
Brainstorm Expands Operations in N. America with New Office and Staff
AUSTIN, Texas Brainstorm, a provider of real-time 3D graphics and virtual studio solutions, is excited has opened a new office and Demo Studio in Austin, Texas ...
23/05/2024
FCC Proposes Rules Requiring Disclosure of AI Content in Political Ads
WASHINGTON, D.C. As concerns grow about the potential impact of fake AI-generated photos and videos being used to influence elections, Federal Communications Co...
23/05/2024
Brightline Launches 'Streamline' Self-Service Design Studio
NEW YORK BrightLine has announced the launch of StreamLine, the self-service, automated tool for clients to design, build, and publish interactive and dynamic a...
23/05/2024
TNT Sports to Air College Football Playoff Games
With NCAA college football moving to a new, greatly expanded playoff format for the National Championship this year, ESPN and TNT Sports have reached a five-yea...
23/05/2024
Advanced Systems Group Launches AI and Advanced Analytics...
Advanced Systems Group, LLC (ASG), a technology and services provider for media creatives and content owners, launched its AI and Advanced Analytics practice,...
23/05/2024
Glensound Exhibits New AoIP Interface Products at InfoCom...
Glensound, industry leader in high quality audio systems, is exhibiting for the first time at InfoComm 2024. The company is demonstrating why it has such an env...
23/05/2024
Shotoku to Bring Advanced Version of TR-XT Control System...
Shotoku Broadcast Systems, international manufacturer of high-quality, easy-to-use, robust and reliable camera support systems, has announced plans to exhibit b...
23/05/2024
Beckview Studios Celebrates One-Year Anniversary With NUG...
Based in Scalby Village, Scarborough, Beckview Studios is one of North Yorkshire's largest, one-stop recording studios in the area. Since its opening in May...
23/05/2024
Tximist Foundation and Pixellot Team Up to Broadcast Wome...
Pixellot, the global leader in AI-automated video and data solutions for sports, is proud to announce a partnership with Tximist Foundation to broadcast all Txi...
23/05/2024
Accedo Supports ITV to Extend ITV X to Sony Playstation 4...
Global video solutions provider, Accedo, has worked with ITV, the UK's largest commercial broadcaster, to bring its streaming service, ITVX to PlayStation 4...
23/05/2024
Inaugural World Skills Cafe to address skills and diversi...
The Global Media and Entertainment Talent Manifesto, an organisation working to address the skills shortage across the media technology sector, today announces ...
23/05/2024
WRAL Documentary Team wins Regional Murrow Award
A trio from WRAL-TV has been honored with a 2024 Regional Edward R. Murrow Award for the WRAL documentary Ghosts in the Stadium. The Radio Television Digital Ne...
23/05/2024
Thales Leads Innovative Digital Transformation of the Mauritius National Identity System
Facebook Twitter LinkedIn The Mauritius Prime Ministers Office (PMO) has c...
23/05/2024
Ireland's First Ever Mayoral Election TV Debate live from Limerick this Monday Night on Upfront with Katie Hannon
All candidates invited to debate live on the night As part of RT 's extensi...
23/05/2024
Senua's Story Continues: GeForce NOW Brings Senua's Saga: Hellblade II' to the Cloud
Every week, GFN Thursday brings new games to the cloud, featuring some of the la...
23/05/2024
Into the Omniverse: SoftServe and Continental Drive Digitalization With OpenUSD and Generative AI
Editor's note: This post is part of Into the Omniverse, a series focused on ...
23/05/2024
World Premiere: Software Rpublique unveils its U1st Vision conceptA first in citizen-centric mobile services with a focus on health
Facebook Twitter LinkedIn Software R publique's U1st Vision technolo...
23/05/2024
May 22, 2024
Scripps Research scientists uncover new molecular drivers of Alzheimer's By recording detailed electrical and protein measurements of individual brain cell...
23/05/2024
Rohde & Schwarz extends ultra-wideband RF amplifier range
Rohde & Schwarz extends ultra-wideband RF amplifier range Higher field strengths for critical test environments Rohde & Schwarz, a global leader in test an...
22/05/2024
X2O Media Appoints Pang Yee Loy as Regional Manager to Lead Expansion into the APAC Market
MONTR AL - 23 May 2024 - X2O Media, a global provider of hybrid learning and tra...
22/05/2024
Richard Linklater's Hit Man Asks, How Far Will You Go For Love?
Richard Linklater and Glen Powell (photo by George Pimentel/Shutterstock for Sundance)...
22/05/2024
Introducing Spotify Mix, Our New and Exclusive Font
Spotify is as unique and personal as each listener who's plugged in daily, as well as the artists and creators who have found a home on our platform. We nev...
22/05/2024
ST Engineering iDirect and Arabsat strengthen partnership for expanded market access on Arabsat BADR-7 and 6A Broadband Managed Services
iDirect Hub infrastructure technology supports Arabsat's ambitions to expand...
22/05/2024
The Future of Sustainable Film & TV Production
Anton/Bauer Unleashes Salt-E Dog The industry-first 9kWh sustainable power supply uses salt-based power cells to replace lithium, marking a new era of environme...
22/05/2024
NewsNation to Expand To 24/7 Cable News Network
CHICAGO, Ill. Nexstar's NewsNation has announced that it will expand its news programming to 24-hours-per-day Monday through Sunday, beginning June 1....
22/05/2024
Adobe Launches Adobe Express for Enterprise
SAN JOSE, Calif. Adobe has launched the new Adobe Express for Enterprise, which Adobe said is designed to help businesses improve marketing content creation and...
22/05/2024
The Power of Making Great Projects Shouldn't be Wasted
The Power of Making Great Projects Shouldn't be Wasted Andy Marken May 22, 2024 0 Comments I love you, Molly. I've always loved you, Sam. ...
22/05/2024
J SPORTS Installs Blackmagic Design Workflow for On Demand Streaming
J SPORTS Installs Blackmagic Design Workflow for On Demand Streaming Brie Clayton May 22, 2024 0 Comments Blackmagic Design today announced that J SPO...
22/05/2024
Creating a Particle Man Resolve Fusion
Creating a Particle Man Resolve Fusion Simon Ubsdell May 22, 2024 0 Comments A simple but effective use of particles driven by an animated 3D characte...
22/05/2024
Flo Rida, Donny Osmond Set For Fox & Friends' Summer Concert Series
Fox & Friends has announced its All-American Summer Concert Series, which begins Friday, May 24 with Flo Rida. The concerts happen Fridays through August....
22/05/2024
Grammys' Set For February 2 on CBS and Paramount Plus
The 67th Annual Grammys Awards air on CBS Sunday February 2, 2025. The event happens at Crypto.com Arena in Los Angeles. Paramount Plus will stream the Grammys ...
22/05/2024
Red Nose Day Turns 10 on NBC
NBC Celebrates Red Nose Day Thursday, May 23, marking ten years since the network debuted the fundraising event targeting child poverty. The network airs a one-...
22/05/2024
Fox Debuts Battleground' to Take Advantage of Election Season
Fox First Run is launching Battleground, which begins Tuesday with a weekly email newsletter, then a weekly 30-minute TV show on June 10, and finally a strip on...
22/05/2024
Trying' to Make A Standout Show About Adoption
Season four of Trying, a U.K. comedy about a married couple and their adopted children, debuts on Apple TV Plus May 22. Esther Smith plays Nikki and Rafe Spall ...
22/05/2024
Walter Cade Gets Expanded Role Leading Ad Sales for NBCU Local Chicago
Walter Cade, senior VP of sales for NBCUniversal Local in Chicago, has been given an expanded role, the company said....