Clinical
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Rapid diagnosis (test takes 120 minutes to run, results typically in 4 hours to 1 day)
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Specific (identify the exact virus or bacteria in the sample)
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Provides antibiotic resistance markers (UTI, Pre-Prostate biopsy and Wound Panel)
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Prescribe the right antibiotic, first time. No need to call patients to inform them they are on the wrong medication
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Tests on a clinical level like referral laboratories
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Lab must be a high complexity lab, if not, easily obtained
Practice
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Significant incremental revenue opportunity (highly reimbursed by Medicare and private payers)
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No provider time constraints
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NO REVENUE SHARING, compliant with Stark Law and anti-kickback statutes. Retain the revenue in the practice
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Turnkey: consultation on COLA and CLIA certification, equipment, standard operating procedures, personnel selection and one week of onsite training
Patient
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Convenient
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No third-party referral lab
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Quicker results:
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4 hours-1 day vs. 3-5 days
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Correct medication prescribed
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Avoids two trips to the pharmacy