XiFin Lab Volume Index
Under Construction: Stay Tuned!
Three years into COVID and it's time to revise the Lab Volume Index. We're working on new analytics to help laboratory leaders understand market trends and we encourage you to sign up to be notified when the new charts are ready. In the meantime, all our previous data is still available in the interactive charts shown below.
XiFin analyzes its diagnostic billing data to measure laboratory testing volumes as compared to a baseline pre-Coronavirus testing average. Currently, XiFin sees 15 - 20% of all COVID-19 and antibody testing claims nationwide, and analysis includes data representative of four out of five top integrated delivery networks (IDNs) and 10 of the top 12 public laboratories nationwide.
The charts on this page are interactive. For the Laboratory Volume Index, you can adjust the timeframe plotted in the chart by moving the beginning and ending sliders in the thumbnail below the chart. You can hover over the chart to see data details. Select a single laboratory segment by clicking the appropriate button below the chart title. You can also toggle on/off each of the testing categories (routine, COVID, and antibody) by clicking on those terms in the legend below the chart. In the second Laboratory Testing Volume chart, you can again toggle on/off each of the testing categories by clicking on their names in the legend. You can also use the dropdown list to the top right of the chart to select which month you'd like to see plotted.
About the Laboratory Volume Index
The Lab Volume Index is a weekly measurement of laboratory testing volumes as compared to a pre-COVID-19 testing average (“baseline”). Its synthesis of lab billing data into a measurement of testing volumes enables comparisons of routine laboratory testing, COVID-19 testing, and antibody testing both over time and across key laboratory segments: clinical, hospital, molecular, anatomic pathology, and pain/tox. Baseline volume is an average of weekly volumes generated late January through February 2020.
Weekly Analysis – March 14, 2021
XiFin’s leadership team regularly offers a behind-the-scenes look at diagnostic laboratory through participation in industry discussions. Discussions include state of diagnostics industry, testing volumes and trends, the expected impact of the introduction of vaccines, advent of at-home testing, and more. Click to access the latest briefing.