My One Medical Source® Releases White Paper, “How Top Clinical Labs Grow Their Revenue”


My One Medical Source® (MOMS), a platform dedicated to providing simple access to the medical testing ecosystem, has announced the release of an industry-examining white paper, “How Top Clinical Labs Grow Their Revenue.”

The complimentary resource outlines the methods and techniques adopted by successful facilities that have overcome challenges and developed successful growth strategies, and is available for download:

https://www.myonemedicalsource.com/how-top-clinical-labs-grow-their-revenue/

Clinical testing labs provide the kind of specialized expertise and services that are in demand. The U.S. population is aging and requiring more medical testing. At the same time, more patients are seeing the value of preventive care, and diagnostic technology is better able to detect potential health care problems earlier.

However, labs looking to grow revenue face many challenges. Epidemiologists have reported seeing an increase in infectious and chronic diseases, which can cause a strain on existing labs. In fact, in 2020, the COVID-19 pandemic also disrupted cash flow, with one report estimating that clinical labs lost $6.8 billion in revenue during the first 12 weeks after the pandemic’s onset, due to postponed or canceled medical appointments.

“Clinicians today need to be more resourceful and strategic about budgets and what kind of investments they choose to make,” said Brad Seybert, president/founder of My One Medical Source®. “This white paper examines the current state of the industry and serves as an actionable guide with tips that labs can start implementing right away.”

Above all, the most successful clinical labs are nimble enough to respond and adapt to changing trends, which can be achieved by optimizing sales activities, becoming customer-centric and keeping marketing updated.

“More companies are seeing an increase in remote workforces and having more accessibility to test collection options allows for the opportunity to continue wellness programs and outreach,” Seybert said. “Testing will continue to be a vital component in health care, and proper collections are a vital first step.”

About My One Medical Source®

My One Medical Source® (MOMS) is the go-to resource for testing-related needs. By building a national network of medical access points, the Cleveland-based company connects those who need testing with the labor that is trained to collect the required sample for their testing needs. MOMS is shifting the paradigm of specialized testing for those who need it, and those who supply it, to a new model that empowers both parties and makes health care more accessible. To learn more, visit https://www.myonemedicalsource.com/.

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