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[Careers](https://hubs.beckershealthcare.com/careers) - For Sponsors - [Contact Us](https://www.beckersphysicianleadership.com/contact-us/) - [Media Kit](https://www.beckershospitalreview.com/request-media-kit/) - [Content Specs](https://hubs.beckershealthcare.com/content-specifications) ## Why you should retain your lab: 5 insights --- ### Thursday, May 8th, 2025 | 11:00 AM - 12:00 PM CT With growing financial pressures, hospitals may consider outsourcing or selling their lab services for immediate cash infusion. But data suggests health systems that retain and optimize their lab service line achieve stronger financial results and better patient outcomes over time compared to peers. Join William Morice II, MD., Ph.D., CEO and president of Mayo Clinic Laboratories, as he breaks down the financial and strategic advantages of hospital-owned labs. Learn how to unlock the untapped value in your laboratory operations.  **Insights include:**   - 5 data-driven reasons to retain the lab service line - How to position the lab as a revenue driver and strategic asset - Proven strategies to maximize lab performance without outsourcing ## **Presenter: ** ![Dr. Morice - Jake Rodriguez](https://go.beckershospitalreview.com/hs-fs/hubfs/Dr.%20Morice%20-%20Jake%20Rodriguez.png?width=120&height=120&name=Dr.%20Morice%20-%20Jake%20Rodriguez.png) ### William Morice II, M.D., Ph.D. ##### CEO and President, Mayo Clinic Laboratories [![MC_SUBRANDS_LABORATORIES_BLACK_RGB (1)](https://go.beckershospitalreview.com/hs-fs/hubfs/MC_SUBRANDS_LABORATORIES_BLACK_RGB%20(1).png?width=350&height=70&name=MC_SUBRANDS_LABORATORIES_BLACK_RGB%20(1).png "MC_SUBRANDS_LABORATORIES_BLACK_RGB (1)")](https://www.mayocliniclabs.com/) [![](https://www.beckershospitalreview.com/wp-content/themes/beckers-healthcare/assets/images/logo.png) Becker's Hospital Review | Healthcare News & Analysis](https://www.beckershospitalreview.com) ### Contact Us [1-800-417-2035](tel:180041720354) [becker@beckershealthcare.com](mailto:becker@beckershealthcare.com) - [RSS Feed](https://www.beckershospitalreview.com/rss-feeds/) - [LinkedIn](https://www.linkedin.com/company/asc-communications/) - [Facebook](https://www.facebook.com/@BeckersHospitalReview/) - [X](https://x.com/beckershr) - [YouTube](https://www.youtube.com/user/hospitalreview1) ### Other Becker’s Sites - [ASC](https://www.beckersasc.com/) - [Spine](https://www.beckersspine.com/) - [Dental](https://www.beckersdental.com/) - [Payer](https://www.beckerspayer.com/) - [Behavioral](https://www.beckersbehavioralhealth.com/) - [Physician](https://www.beckersphysicianleadership.com/) ### More Resources - [Events](https://conferences.beckershospitalreview.com/upcoming-events/) - [Whitepapers](https://www.beckershospitalreview.com/whitepapers/) - [Live Webinars](https://www.beckershospitalreview.com/webinar-types/upcoming-webinars/) - [OnDemand Webinars](https://www.beckershospitalreview.com/webinar-types/ondemand-webinars/) Copyright © 2026 Becker’s Healthcare. 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