--- title: Uncovering One Of Healthcare's Largest Revenue Waste Contributors description: For health system laboratories and independent labs alike, blood volume waste can be an unintentional source of revenue loss. See how your lab can recapture image: https://info.hc1.com/hubfs/Blog%20Images/bu.jpg --- [![logo_fullcolor.png](https://info.hc1.com/hs-fs/hubfs/Brand%20Elements/logo_fullcolor.png?width=300&name=logo_fullcolor.png "logo_fullcolor.png")](https://www.hc1.com) - [Platform](https://www.hc1.com/platform/) - [HITRUST Certification](https://www.hc1.com/platform/hitrust/) - [Customers](https://www.hc1.com/who-we-serve) - [Diagnostic Laboratories](https://www.hc1.com/who-we-serve/laboratories/) - [Health Systems and IDNs](https://www.hc1.com/who-we-serve/health-systems/) - [Lab Stewardship Committees](https://www.hc1.com/lab-stewardship-committee/) - [hc1 Insights for Pharma](https://www.hc1.com/customers/pharma-insights/) - [Solutions](https://www.hc1.com/solutions/) - [Laboratories](https://www.hc1.com/solutions/laboratories/) - [Post-Acute Care](https://www.hc1.com/solutions/post-acute-care/) - [Health Systems](https://www.hc1.com/solutions/health-systems/) - [Resources](https://www.hc1.com/resources/) - [Resources](https://www.hc1.com/resources/) - [Events](https://www.hc1.com/events/) - [Blog](http://blog.hc1.com/) - [Company](https://www.hc1.com/company/our-story/) - [Our Story](https://www.hc1.com/company/our-story/) - [Leadership](https://www.hc1.com/company/leadership/) - [Careers](https://www.hc1.com/company/careers/) - [Partners](https://www.hc1.com/company/partners/) - [News and Press](https://www.hc1.com/company/news-and-press/) - [Contact](https://www.hc1.com/contact-us/) [Live Analytics](https://info.hc1.com/topic/live-analytics) [Real-Time Healthcare BI](https://info.hc1.com/topic/real-time-healthcare-bi) [Blood Utilization](https://info.hc1.com/topic/blood-utilization) # [Uncovering One Of Healthcare's Largest Revenue Waste Contributors](https://info.hc1.com/uncovering-one-of-healthcares-largest-revenue-waste-contributors) By [Lizzie Mooney](https://info.hc1.com/author/lizzie-mooney)   |  6, July 2017 [READ NOW](https://info.hc1.com/uncovering-one-of-healthcares-largest-revenue-waste-contributors) [Read Post](https://info.hc1.com/uncovering-one-of-healthcares-largest-revenue-waste-contributors#article) [Lizzie Mooney](https://info.hc1.com/author/lizzie-mooney)  Tags: [Live Analytics](https://info.hc1.com/topic/live-analytics) [Real-Time Healthcare BI](https://info.hc1.com/topic/real-time-healthcare-bi) [Blood Utilization](https://info.hc1.com/topic/blood-utilization) As a laboratory executive, you are probably already hard at work identifying where revenue leakage can be addressed and overturned. But have you considered one of the largest contributors to revenue waste in healthcare?  ![Screen Shot 2017-07-06 at 11.11.33 AM.png](https://info.hc1.com/hs-fs/hubfs/Blog%20Images/Screen%20Shot%202017-07-13%20at%2011.57.42%20AM.png?width=372&name=Screen%20Shot%202017-07-13%20at%2011.57.42%20AM.png "Screen Shot 2017-07-06 at 11.11.33 AM.png") Blood volume waste often flies under the radar when it comes to more detailed internal efficiencies and processes, but it also presents one of the largest opportunities for healthcare organizations to recapture lost revenue. On average, the typical health system wastes over 10,000 blood product unites per year. With an average cost to an organization of $400/unit, this means more than **$4 million wasted in a single year**. To put this revenue opportunity in perspective, salvaging just 5% of this blood product waste can result in over $500,000 in cost savings year over year.  By leveraging Blood Utilization solutions alongside **[real-time analytics](https://www.hc1.com/platform/features/live-analytics/)** and healthcare CRM, laboratories can proactively address these utilization issues and more. Labs can now: > **Measure Blood Inventory & Volume** > > **Monitor C/T Ratios in Real-Time** > > **Stay on Top of Blood Waste** > > **Understand Appropriateness & Exceptions**  You can learn more about hc1 Blood Utilization by reading this quick one-page overview **[here](https://info.hc1.com/hubfs/One%20Pagers/hc1_OnePg_BloodUtilization%20(4).pdf)**. **[Contact us](https://www.hc1.com/contact-us/)** today to schedule your 1:1 demonstration of our newest solution.  ### Subscribe To Our Blog Thanks for submission!! - Recent - Popular [America The Beautifully Healthy, Revisited](http://blog.hc1.com/america-the-beautifully-healthy-revisited) posted at Jul 3, 2017 ![FLAG.jpg](https://info.hc1.com/hubfs/Blog%20Images/FLAG.jpg) [Differentiate Your Lab From The Competition With 100% Transparency](http://blog.hc1.com/get-a-leg-up-on-the-competition-with-100-transparency) posted at Jun 29, 2017 ![AdobeStock_107303306.jpeg](https://info.hc1.com/hubfs/hc1%20Stock%20Photography/AdobeStock_107303306.jpeg) [3 Ways To Keep Patients Healthy And Out Of The Hospital - Without Breaking The Bank](http://blog.hc1.com/3-ways-to-keep-patients-healthy-and-out-of-the-hospital-without-breaking-the-bank) posted at Jun 28, 2017 ![HCM.png](https://info.hc1.com/hubfs/Blog%20Images/HCM.png) - [7 Songs On The Ultimate Healthcare Playlist](http://blog.hc1.com/7-songs-on-the-ultimate-healthcare-playlist) - [How To Increase Patient Retention & Revenue in Your Health System](http://blog.hc1.com/increase-patient-retention-revenue-health-system) - [New Report Forecasts Healthcare CRM Market at $17.4 Billion By 2025](http://blog.hc1.com/new-report-forecasts-healthcare-crm-market-17-4-billion-2025) - [Introducing hc1 ProviderView™ Exclusively at HIMSS](http://blog.hc1.com/introducing-hc1-providerview-exclusively-at-himss) - [#Life@hc1: A Face Inspiring 'NeuroHope'](http://blog.hc1.com/lifehc1-a-face-inspiring-neurohope) ### Posts by Topic - [hc1.com Lab Education (261)](https://info.hc1.com/topic/hc1com-lab-education) - [hc1.com (92)](https://info.hc1.com/topic/hc1-com) - [Healthcare Relationship Management (46)](https://info.hc1.com/topic/healthcare-relationship-management) - [Healthcare Cloud Computing (41)](https://info.hc1.com/topic/healthcare-cloud-computing) - [Healthcare CRM (26)](https://info.hc1.com/topic/healthcare-crm) - [Cloud Computing in Healthcare (18)](https://info.hc1.com/topic/cloud-computing-in-healthcare) - [hc1 Culture (11)](https://info.hc1.com/topic/hc1-culture) - [Clinical Laboratory Management (10)](https://info.hc1.com/topic/clinical-laboratory-management) - [Healthcare Business Intelligence (10)](https://info.hc1.com/topic/healthcare-business-intelligence) - [Live Analytics (10)](https://info.hc1.com/topic/live-analytics) - [Test Utilization (8)](https://info.hc1.com/topic/test-utilization) - [CRM Lab (7)](https://info.hc1.com/topic/crm-lab) - [Healthcare (7)](https://info.hc1.com/topic/healthcare) - [Lab Quality (7)](https://info.hc1.com/topic/lab-quality) - [Client Spotlight (6)](https://info.hc1.com/topic/client-spotlight) - [Events (6)](https://info.hc1.com/topic/events) - [Value-Based Care (6)](https://info.hc1.com/topic/value-based-care) - [Care Coordination (5)](https://info.hc1.com/topic/care-coordination) - [HIMSS (5)](https://info.hc1.com/topic/himss) - [Outreach (5)](https://info.hc1.com/topic/outreach) - [Partners (5)](https://info.hc1.com/topic/partners) - [Webinar (5)](https://info.hc1.com/topic/webinar) - [Awards (4)](https://info.hc1.com/topic/awards) - [Conference (4)](https://info.hc1.com/topic/conference) - [Lab Software (4)](https://info.hc1.com/topic/lab-software) - [North Memorial (4)](https://info.hc1.com/topic/north-memorial) - [PAMA (4)](https://info.hc1.com/topic/pama) - [Referral Management (4)](https://info.hc1.com/topic/referral-management) - [Reimbursements (4)](https://info.hc1.com/topic/reimbursements) - [hc1 Communities (4)](https://info.hc1.com/topic/hc1-communities) - [hc1 Platform (4)](https://info.hc1.com/topic/hc1-platform) - [AWS (3)](https://info.hc1.com/topic/aws) - [CRM (3)](https://info.hc1.com/topic/crm) - [Health Consumer Management (3)](https://info.hc1.com/topic/health-consumer-management) - [Incyte Dx (3)](https://info.hc1.com/topic/incyte-dx) - [Lab (3)](https://info.hc1.com/topic/lab) - [Population Health (3)](https://info.hc1.com/topic/population-health) - [Real-Time Healthcare BI (3)](https://info.hc1.com/topic/real-time-healthcare-bi) - [Video (3)](https://info.hc1.com/topic/video) - [hc1 ProviderView (3)](https://info.hc1.com/topic/hc1-providerview) - [AACC (2)](https://info.hc1.com/topic/aacc) - [CLMA (2)](https://info.hc1.com/topic/clma) - [Clinical Laboratory Software (2)](https://info.hc1.com/topic/clinical-laboratory-software) - [Cybersecurity (2)](https://info.hc1.com/topic/cybersecurity) - [Dark Daily Report (2)](https://info.hc1.com/topic/dark-daily-report) - [EWC (2)](https://info.hc1.com/topic/ewc) - [Education (2)](https://info.hc1.com/topic/education) - [HRM (2)](https://info.hc1.com/topic/hrm) - [Healthcare Cloud (2)](https://info.hc1.com/topic/healthcare-cloud) - [KLAS (2)](https://info.hc1.com/topic/klas) - [Lab Management Systems (2)](https://info.hc1.com/topic/lab-management-systems) - [PAC (2)](https://info.hc1.com/topic/pac) - [Patient Experience (2)](https://info.hc1.com/topic/patient-experience) - [Post Acute Care (2)](https://info.hc1.com/topic/post-acute-care) - [Press Release (2)](https://info.hc1.com/topic/press-release) - [Sonora Quest (2)](https://info.hc1.com/topic/sonora-quest) - [hc1 Insight (2)](https://info.hc1.com/topic/hc1-insight) - [ASC (1)](https://info.hc1.com/topic/asc) - [Amazon Experience (1)](https://info.hc1.com/topic/amazon-experience) - [Ancillary Financial Insight (1)](https://info.hc1.com/topic/ancillary-financial-insight) - [Blood Utilization (1)](https://info.hc1.com/topic/blood-utilization) - [Board of Directors (1)](https://info.hc1.com/topic/board-of-directors) - [Brad Bostic (1)](https://info.hc1.com/topic/brad-bostic) - [Bronson (1)](https://info.hc1.com/topic/bronson) - [Bundled Payments (1)](https://info.hc1.com/topic/bundled-payments) - [Business Intelligence for Labs (1)](https://info.hc1.com/topic/business-intelligence-for-labs) - [Client Success (1)](https://info.hc1.com/topic/client-success) - [Company Culture (1)](https://info.hc1.com/topic/company-culture) - [Executive War College (1)](https://info.hc1.com/topic/executive-war-college) - [Experian (1)](https://info.hc1.com/topic/experian) - [Genomics (1)](https://info.hc1.com/topic/genomics) - [Health Care Management Solutions (1)](https://info.hc1.com/topic/health-care-management-solutions) - [Health Care Management System (1)](https://info.hc1.com/topic/health-care-management-system) - [Health Care Software Solution (1)](https://info.hc1.com/topic/health-care-software-solution) - [Health Reminders (1)](https://info.hc1.com/topic/health-reminders) - [Healthcare Management Software (1)](https://info.hc1.com/topic/healthcare-management-software) - [Indianapolis Tech (1)](https://info.hc1.com/topic/indianapolis-tech) - [Leadership (1)](https://info.hc1.com/topic/leadership) - [Machine Learning (1)](https://info.hc1.com/topic/machine-learning) - [Opioid Management (1)](https://info.hc1.com/topic/opioid-management) - [Path-Tech (1)](https://info.hc1.com/topic/path-tech) - [Remote Monitoring (1)](https://info.hc1.com/topic/remote-monitoring) - [Revenue (1)](https://info.hc1.com/topic/revenue) - [Sales & Pipeline Management (1)](https://info.hc1.com/topic/sales-pipeline-management) - [Staffing (1)](https://info.hc1.com/topic/staffing) - [Supply Management (1)](https://info.hc1.com/topic/supply-management) - [Uncategorized (1)](https://info.hc1.com/topic/uncategorized) View More ### Latest Tweets [Previous Post](https://info.hc1.com/why-we-need-11-personalization-in-healthcare) ##### [Why We Need 1:1 Personalization in Healthcare](https://info.hc1.com/why-we-need-11-personalization-in-healthcare) [Next Post](https://info.hc1.com/optimizing-remote-monitoring-to-avoid-readmissions) ##### [Optimizing Remote Monitoring To Avoid Readmissions](https://info.hc1.com/optimizing-remote-monitoring-to-avoid-readmissions) ![logo_reversed.png](https://info.hc1.com/hs-fs/hubfs/Brand%20Elements/logo_reversed.png?width=280&name=logo_reversed.png "logo_reversed.png") hc1 is the leading Healthcare Relationship Management (HRM) solution for innovative healthcare organizations. Award winning CRM, collaboration, and live analytics tools enable healthcare providers to deliver 5-star healthcare experiences to their clients and patients. hc1 has been adopted by over 1,000 sites across the globe, including Cleveland Clinic, Quest JVL MACL, and Sonic Healthcare. © 2017 All Rights Reserved. 6100 Technology Center Dr. Indianapolis, IN 46278 ![](https://googleads.g.doubleclick.net/pagead/viewthroughconversion/878173092/?guid=ON&script=0)