Do you need a Sleep Lab?
Let Odyssey help you decide. With health care constantly changing,
it is imperative that hospitals take a proactive look at what
opportunities are available to them in out patient diagnostics.
Odyssey’s expertise lies in helping groups determine what type
of testing would best suit the needs of the site. To do this,
information is gathered about the goals of the site, patient populations
and reimbursement regulations for your area. Once this information
is gathered recommendations can be made on how to proceed.
How much does a sleep lab cost?
Starting a sleep lab from scratch can be very costly. The average
two bed sleep lab costs about $250,000.00 to open and operate
for the first year. This amount goes up considerably if the lab
lacks the experience to operate efficiently.
The prevailing attitude with site administration is a fear of
the expense of opening a new sleep lab. Odyssey can eliminate
this fear by becoming a contract service provider to the facility.
In this model, Odyssey would provide the testing equipment,
technologists to perform testing and scoring and doctor interpretation
to the facility. Odyssey will also work closely with the facility
to provide a team management approach. The facility usually provides
space for the sleep lab and an on-site contact person.
As a contract service provider Odyssey would bill the facility
a flat fee for each procedure. The facility would be responsible
for billing the patients insurance carrier.
What are the advantages of using a contract service provider?
The main advantages are to the patient. The patients are able
to receive professional diagnostic testing and interpretation
in their local area. The local physicians are able to remain involved
in their patients care.
The facility is able to provide a valuable service to the community
for a minimal cost. No employees to hire or expensive equipment
to obtain and maintain.
Your patients will also take advantage of complete follow up
from Odyssey Sleep Works. Once a patient has been treated, Odyssey
will continue to follow the patients progress to assure that compliance
is being achieved.
All comprehensive sleep labs operated by Odyssey comply with
AASM standards. Accreditation for the lab can be sought as an
additional service by Odyssey.